LockNLos

LockNLos

PA indicating a reversal in interest rates from historical lows as inflation data solidifies.

LockNLos

potential bullish cypher pattern to be completed this week

LockNLos

Price action showing potential bullish deep crab

LockNLos

Stock sits at a key support/resistance area that was relevant for 3 years following the Great Recession. I'm looking for price to show me some kind of reversal pattern (Double/triple bottom, H&S, etc.) on the lower TF (D/4H/1H) and a break of structure to take a swing to the upside. If support breaks, I'd expect for the stock to extend losses before find buying...

LockNLos

Last week put us in correction territory. Technically, I'm looking at the range between last year's low and the ATH, notably the 2500 level for a reversal signal back towards the upside. Fundamentals not just in the US, but globally still look strong and so the dip might be short-lived. Market volatility seems to be back and any move towards the upside can be...

LockNLos Updated 

An ETF I'm excited to follow. Reality Shares Nasdaq NexGen Economy ETF launched last week. The ETF will invest exclusively in blockchain-based companies and they will limit themselves to only investing in companies with a market cap of greater than $200mil. “BLCN uses the Blockchain Score company rating methodology, which is designed to identify the companies...

LockNLos

Market closed at a multi-year high last week as the bullish sentiment in the euro continues and dollar weakness persists. Price completed a bearish butterfly harmonic at the 1.2250 quarter point and I expect a slight retracement to the broken resistance to establish newfound support for another bullish impulse to the 1.25 quarter point.

LockNLos

market has been trading in a range between 108 and 114 for about a year now. I expect the political risk stemming from a gov't shutdown will keep driving the current weakness in the dollar and see price head back towards the bottom of the range. A bullish bat pattern will complete at the demand zone we've previously seen the market swing from. Confluence with the...

LockNLos Updated 

just a technical perspective. The bullish harmonic pattern indicate an excellent R:R to the upside. Take out a mortgage, max out your credit cards, lines of credit, HELOC; cash out your 401(k), 403(b), IRAs, 529s; liquidate the class A mutual fund shares you just bought last week and go full margin if you're real. how the cryptofreaks say.... TO THE MOON!

LockNLos

Put your mortgage on it. $125 by 2Q

LockNLos

Long term trend. Difficult to tell how the cut in corporate taxes and other fundamentals will affect the trend.

LockNLos

Technicals show market is retesting previous broken resistance. Higher highs and higher lows show bull trend still intact. BTFD.

LockNLos Updated 

Might be jumping the gun here but the potential of a Head&Shoulders pattern presents a decent opportunity to go short with an excellent R:R If the market can't sustain 151.40 we can expect price to retest the swing low at the completion of the pattern; approximately the 147.50 level. A roughly 350 pip target. SL @ 152.08 is appropriate.

LockNLos Updated 

Keeping it simple, PA suggest great opportunity to buy support @ 2,000

LockNLos

PA suggesting the correction to the downside is to continue. Price failed to break and sustain above $16,000 Instead validating what measures out to be a Bearish Gartley pattern (8H chart) and the right shoulder on the larger H&S pattern. Next confirmation is the neckline and a break should follow with another move to the downside possibly as low as $5,800-6,000

LockNLos

Gartley and Cypher completing on previous swing low price comes down to complete @ 111.32 - 111.47

LockNLos

Following the technicals, we have a perfect wick touch on the 61.8 fib, finding support on what was previous resistance. Price has also formed a double bottom with a breach of the neckline, suggesting we've found a meaningful base on the previous daily low, and the market is ready to move to the upside once again. Then again, a bull trap needs to be considered a...

LockNLos

Cryptos had a bloodbath sell off today but price action suggest it might only have been a normal correction. Price firmly established .70 cents price level as strong area of support. We're still trading above the EMAs and with rumors circulating about Ripple's debut on Coinbase we could be preparing for the next bullish impulse.