autemox

autemox Updated 

Looking at a long term chart, take out a long on BTC risked off of major lower low and break out of the major wedge. We have two main lower lows to risk off of: With tight weekly bbands, we are about to see a major drop or push up.

autemox Updated 

CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.

autemox Updated 

TWTR had a great week this week, huge full bodied green candle. Volume wasn't as good as previous push up. If we get a red week next week, it will paint a bearish divergence on the RSI weekly. We are now touching a possible downward trendline. Daily reveals a parabolic movement up. Risk:reward tilts towards a short play. Short this resistance level now if...

autemox Updated 

The next 0-2 hour period is your entry into the 12 hour upward trend on BTC. Caution: As we near the end of the bigger timeframe wedge, BTC loses volume and chances of this trend continuing for extended period are lowered.

autemox Updated 

Netflix risk is very high and reward very low. Worst of the FANG stocks for sure. Netflix has almost doubled this year with no mean reversion or accumulation of volume A pullback on netflix could see it lose 75% of its value if it returns to weekly volume node. I wouldn't usually short such a big gainer as NFLX, but the opportunity could present itself if it...

autemox Updated 

SMG has recently broken down from monthly trendlines. We will wait for it to recover to volume node and then enter a short position, risking off the 78% fib retracement, which is unlikely to occur. Do not enter position until signs of weakness or target is reached.

autemox Updated 

SNAP has closed above the daily downward trend. A long here on the daily timeframe could give good R:R if risked off all time lows with a target at the weekly volume profile, which coincides with filling in the recent gap.

autemox Updated 

WMT bull div presents buying opportunity. WMT is 25% below all time high, a pullback that has occured with little or no upward mean reversion. Following our MACD and RSI bull div on the daily I expect to see some upward mean reversion here. A tight stop presents itself below local lows where there is very little volume. Target is 23% FIB/daily volume profile...

autemox Updated 

If break out upward from this previous triangle fails/'busts' and lower trendline breaks then a short opportunity will arise. What we are looking for is a daily close below long term upward trendline. If this occurs, price will also be below 38% fib from local low to high. Target is daily volume profile node or lower. Short can be risked off a higher high +...

autemox Updated 

EL has broken out of monthly trendline and formed a new steeper trendline. The steeper trendline has broken downward and monthly trendline will be re-tested.

autemox Updated 

Long term sell opportunity for INTC approaching as we near completion of ascending triangle pattern. Watch for break down follow elliot wave completion or break downward of triangle. Target is volume profile support. Elliot wave cheatsheet: i.imgur.com

autemox

I hope you all have a very merry holiday, today is a very special day. Wonderful day for a break out play.

autemox

take some eth profits

autemox

If I can get an entry will long it based on wedge/closing bbands on 1 day, ichimoku cloud staying above, good news coming soon about lightning network connectivity with bitcoin, and recent 1 day bullish div (continuation)

autemox

trade 3 wait for support to enter

autemox

trade 2

autemox

trade 1

autemox

I wouldnt enter this long unless we can find our way back down to wick of lowest candle. FUD in the news + hate from older generation has driven SNAP to be oversold. If stopped out, look for another long entry lower.