SharkbaitAl

SharkbaitAl Updated 

Which X point do you think is better? I will watch the price action in the blue box as opposed to placing a limit order as I usually do to try and get in for the best price possible. Stop is the red line.

SharkbaitAl

I identified this bullish bat earlier but honestly I got scared out of taking it since I saw so many posts about the breakout of AUDUSD. It is a reminder to stick to your own rules and plans! Targets for this pattern are the two upper green lines (no clue when I put the other green line there but it seems to be an interesting level lol). Now there is potentially...

SharkbaitAl Updated 

A bearish cypher pattern has come 2 pips from completing so far. My entry will be blue line with targets of the green lines. My stops are at the red line. Let me know what you think.

SharkbaitAl Updated 

If this fails, I am still looking to take the larger purple bat.

SharkbaitAl Updated 

For now my plan is to take profits from my shorts (from old bearish cypher -- blue) at the completion of the Cypher pattern (yellow -- thanks to @Alexander_Nikitin for sharing it!) and look to long the completion of the bat pattern. This is the TP2 for the bearish Cypher (blue), the .618 retracement of the whole bullish move from 02/16 and the completion point of...

SharkbaitAl Updated 

Still below the stop loss of the larger bearish Cypher pattern which I posted the other day (linked below).

SharkbaitAl Updated 

Overall I am looking for the dollar to drop this week and this bullish Gartley aligns with that idea. Entry is the blue line, stop loss is the red. Since I am looking for a larger move, I am hoping this small-risk entry can get me into a larger term trade. I will move stops to breakeven after a rise equivalent to my risk. Let's see...

SharkbaitAl Updated 

I will look for confluence with indicators at the entry point -- as of now if price continues to rise from here to the completion point I will take this trade.

SharkbaitAl Updated 

Looking to get into a longer term sell on AUD/USD and this looks like a nice opportunity to enter. There is also a small bearish AB=CD which completes right below this level so if it appears price is rejected from that level instead I may enter. If neither pattern completes I will look to enter short on a clear breakout of the little flag that is forming.

SharkbaitAl Updated 

I will move stops to breakeven at TP1 and hold for TP2. Feel free to share your own thoughts if you think otherwise!

SharkbaitAl

As long as the price does not go below the A point I will look to short at the blue line with targets of green line and stop loss above red line. If price action seems bearish enough at TP2 (for instance large bearish candles and a break of the yellow flag line) I will consider holding for lower targets. Please feel free to share your view or offer any feedback.

SharkbaitAl Updated 

Found this pattern Friday after the market closed but I went away this weekend so I never made the chart or placed the trade. If price re-tests the blue line I will short with targets of the green lines and my stop loss is the red line. Let me know what your view is.

SharkbaitAl Updated 

Will watch price closely at .786 of the larger move, and am looking to enter at the completion point (D) as long as no warning signs for the pattern present.

SharkbaitAl Updated 

For this pattern to complete the price will have broke the downtrend line so watch out for any bullish signals near the D point.

SharkbaitAl Updated 

Looking to long where indicated in the chart. In this scenario I will then watch for a short at the Cypher completion point. If price closes below the red dashed line I will abandon longs until the completion of the Bullish Bat.

SharkbaitAl

My attempt at using Clone Levels on GT. There is a bearish Butterfly as well 2 bearish AB=CD patterns completing at the top of the range which may be a nice opportunity to short (and especially if SPX is to have a pullback as many on here seem to think). Weekly RSI is almost overbought as well. The targets of this pattern as well as the larger clone levels will...

SharkbaitAl Updated 

Corn has been strong but I like the idea to short here! It appears indicators will agree with this as well. Let me know what you think.

SharkbaitAl Updated 

It is only 1% retracement away from having been a Gartley so may want to watch that completion point as well but I will wait for the entry given by the Bat. RSI looks like it will be in oversold territory if price reaches the D point. Stop is the red dashed line. I will aim for .382 and .618 retracement, and consider trailing stops in hopes of reaching higher...