Mario_Holdings

Mario_Holdings

Looking good :) Still Patient.

Mario_Holdings

As a long term investor, I'll be looking to hold this pair for weeks. I thought I should share my technical analysis overview. I anticipate the price to hit the 70.00 mark in the next come weeks after I classified a very nice Alt Bat Pattern formation . So just to support my analysis, I saw the price pullback testing the 38.2% fib retracement, and the price...

Mario_Holdings

I got a call from a friend this morning, asking me to do my technical analysis on this pair I hardly trade. So this is what I got on a bigger picture(Daily Chart). I got a Shark Pattern Formation after I saw that the price tested the 50% fib retracement level & did a trend continuation & knocked the 161.8% Fib ext. So the light came when when I saw the price...

Mario_Holdings

So the pullback was at 38.2% fib retracement level and price failed to break the A point. what came to mind was a pattern called Alt Bat pattern So i had to short after the double topping, and then set my D point fib extension 113%. I am happy so far with the progress of his trade. I missed my second entry opportunity though after the price broke the B point....

Mario_Holdings

after after hitting that 88.6% ratio and confirmed as strong support, I knew the price was completing a Bat Pattern. even though the pullback tested the 78.6% fib ratio, I saw the price is stalling on the 88.6% ratio & I said its time to go long. Of course whenever you see the 78.6% fib retracement and the A point is not busted what comes to mind is a Butterfly...

Mario_Holdings

I am waiting for the the price to break the the B point, and wait for a retest & then go long & complete deep crab pattern. :) I always make sure I keep two key things in my trading style: 1. Accuracy 2. Simplicity You know, trading has taught me a lot. it has taught me to accept my mistakes & not dwell on them too much. It has also help find the the real me &...

Mario_Holdings

On on daily chart I am still stuck with this idea(Shark Pattern). :) I On a H4 we completed A Bat Pattern which is good. I don't think the price is gonna drop but continue to the upper side. therefore i still anticipate the to complete the Shark pattern. :)

Mario_Holdings

Progress looking good so far. I am looking at the price to hit that 78.6% PRZ zone to complete the Gartley pattern. Patience game :)

Mario_Holdings

I had to re-analyse the this price. Remember the advantage of using harmonic pattern to follow the exact order & flow of the mark. I am seeing oil dropping hard. Patient game:)

Mario_Holdings

As i see the price movement. Waiting game. :)

Mario_Holdings

Still going as anticipated. :)

Mario_Holdings

I made a mistake on the first post of this technical analysis. I named this pattern a Deep Crab on the first post, Its a Shark pattern since the price broke the A point and got our C point hitting the 113% & complete the D point 113% fib ext. as well. Over all this pattern is called Shark pattern since the pullback tested the 88.6% and broke the A point. if the...

Mario_Holdings

I am just anticipating future price movement. After all, trading is a patient game. :)

Mario_Holdings

The price complete two patterns, which are Bat & Butterfly Pattern. Well when I did my analysis, I saw that the price gave us a 50% ratio pullback and never broke the A - point. The moment i saw that, I knew that there's new interesting harmonic pattern forming, which is a Bat pattern. I anticipated the price to break the B - Point and Hit the 88.6% fib ratio as...

Mario_Holdings

Going as anticipated. The price is about to complete the Deep Crab Pattern @ 161.8% Fib extension ratio. I am so happy with the progress. Let us see how will the price will react after hitting the 161.8% zone. But i am looking to go short. I am going to watch for the price double top formation and wait for the proper selling signal. I believe the price is over...

Mario_Holdings

Gold looking good so far. the price broke the B - point I think yesterday. now it is approaching the D-point to complete the bearish Cypher pattern at the 78.6% Fib ratio. Soon I will be looking to go short and take profit at the 38.2% Ratio. I don't think the price is going to break the 38.2% and hit 61.8% for the second t.p. So I won't be greedy. So lets see...

Mario_Holdings

Still bullish on this pair. looking good so far. we are about to complete the Shark pattern after bouncing off the 113% fib extension. if the the price breaks the B-point, we are likely to meet D- point target at the 113% extension ratio. kind Regards

Mario_Holdings

Interesting pattern forming on the UJ Daily chart. the Price pullback hit the 88.6% ratio. I anticipate the price the complete the D-point at the 161.8% Fib extension to complete the Deep Crab Pattern , that's if it breaks the B-point. So lets see how this one plays out. Good Luck on your trading week. :)