I would favor shorting, given the current fundamentals. So, my first trade is right there on the chart. tight stop. Possible 12345 formation, currently on wave 2 to be finished at the short entry level. One thing to consider is that bullish cypher pattern (blue). That's why I state two possible scenarios. Excellent risk/reward, still. Remember we are moving into...
Quick one, entry and targets on chart. Advanced harmonic. Trendlines. Triangle. ABCDE elliot formation. First trade, you can go double and leave the second one open aiming for the second drop. It will depend on how the index behaves in the following hours. THIS IS HIGHLY SPECULATIVE, so manage your risk accordingly. Good luck.
Major support zone. AB=CD pattern. Volume profile. This is highly speculative, so bear in mind and control your exposure accordingly. Targets on chart. Good luck.
Gartley pattern, healthy. Bearish engulfing candle. Volume profile levels. Two positions, one for the short term (next week), one for a longer period (mid july). And I mean, executing them at the same time which is NOW. The longer one to move stops to BE as soon as possible and keep it running hoping for the second target. Good luck.
Longing gold here, Z could be over, will evaluate reentering at lower levels, this is long term. Targets on chart. Bullish Black Swan pattern Long term trendline support Volume profile support zone Good luck! I'll post updates as soon as I can or see something strange.
This is mid-long term. Intro Conditions in stock markets need to unravel soon or at least by the end of this year. Pay attention to the situation in EU and Canada with related markets. Will gold drop below 1300 now or will it keep rising? Things to keep an eye on: Yield curve (and FED working on the short term rate). Inflation (rising since 2015). ...
Quick one on EURUSD. Harmonics Oversold situation based on weekly range. Volume profile levels. Targets and stops on the chart at the far right just to keep the chart as clean as possible, not meaning any kind of timing, just levels. Good luck!
Similar setup as with EURUSD, this one is clearer IMO. Taget and stop on the chart. Bullish harmonic (Nen star derived pattern) 2 scenarios, the bear scenario should be under control with that stop loss. ABCDE/12345 open triangle wave structure, finishing C/3 wave. Wave D/4 coming, possibly hitting 1.3950 in the short term, 1.4550 in the mid term. Or maybe...
Quick analysis for the weekend. I'll be entering short positions on DOW JONES as stated on the right side of the chart, targets and stops in place. The trades are at the far right just to keep the chart as clean as possible. Why? There's several things pointing towards similar levels Bearish white swan starting at as low as 24400 levels Several extra...
This is highly speculative, don't trade if you are not suited for this kind of trades. Currently we are bouncing off from a volume void (dry). There's two patterns on smaller time frames signaling for a bounce. 1335 was a good entry level. Still a bounce until 1344, 1346 is possible (50 fib). I also take into account a possible ABC correction swing, currently...
2 Scenarios here, blue for bull, red for bear. Bull scenarios: Is this a huge bull flag? A breakout above that top red line is definitely a bull signal for the coming months. So far, it is showing weakness. Are we in a ABCDE triangle wave? For this scenario we need an extra leg for D completion, a new wave meeting the lows again for E and finally a breakout...
Target on chart. Stops above volume void. Bearish Shark pattern on lower TFs. Cheers!
Bearish shark. Volume lowering. Targets on chart. Stops above volume void. Cheers!
Oh yes, might this be the time for a revenge? Here we go. Entry price and targets on chart. Exit also on chart. Last candle volume (on SPX daily) was below average, no huge accumulation going on apparently. For this setup, risk/reward ratio is well positive at 2.4. This might change as you manage the trade on the way down. If wave II is confirmed, then we might be...
Targets on chart. Contingency plan, same as on the SPX idea. Same overall description. Please check back to the SPX idea in the link below. Also, bear in mind that by doing both trades your risk is doubled, make sure to take that into account. This one in particular has a lower Risk/Reward ratio, so you might want to go for the SPX one.