I see this as the C leg dwn of an ABC or an ABC extension to the 1.27/1.618 I'm SHORT but looking to try a LONG likely at $42.25 ish Two Gaps to fill below current $52.40 !!! Wish you all luck trading!
About a 109 point zone to SHORT NQ per the chart. Pretty simple to read if you use Fibs & Patterns. Good trading everyone and I expect volatility to pick up into the elections. Long cart and interesting Fib from back in 2000-2003 yielding a 10666.75 target along with a pretty pitchfork. Wouldn't it be interesting if NQ topped at 10666. ? Do you remember...
About a 109 point zone to SHORT NQ per the chart. Pretty simple to read if you use Fibs & Patterns. Good trading everyone and I expect volatility to pick up into the elections. Long cart and interesting Fib from back in 2000-2003 yielding a 10666.75 target along with a pretty pitchfork. Wouldn't it be interesting if NQ topped at 10666. ? Do you remember...
Looking for entry to SHORT This has been a difficult chart for me as little to read but looking to short at 1.618 and or the Gap Fill. Good trading all as the S&P did surprise me to the upside. * Notice the high RSI which signals a topping.
GBP/USD Short Opportunity at R1 or R2 MACD looks right for SHORT Multiple Fibs coming in together and a 1,3,5 possible Topping pattern developing Good trading everyone. Let me know if you see something else as I respect all opinions.
Looking for SHORT AUD/USD once I see a reaction off highlighted areas. Then a .382 retest will be my Short. Good trading to all and be safe! Pretty big candles to overcome.
Entry for Long is here. Good trading to all!
I'm soon to be SHORT Bonds and watching for best entry. While I'm concerned with the small reaction thus far in TBT but believe the Stock Mrkt is at a reflection point this week. This is a short term view but I am looking for a LONG on TBT/ and or SHORT on USM20 ----->
Welcome fellow traders, as you will see within, my view is Bearish. I currently see two scenarios regarding the chart. I've drawn in black a 3 drive to a top completing near the .0786 Fib (Strong Resistance) This level also completes a Bearish Gartley drawn in brown. Volume weak & Bears are thin....what does that say? 1) The PitchFork included has so many...
I just follow the charts and it looks near term bearish to me. Open interest is down and Bearish Gartley in play with D leg near pitchfork channel. Best of luck to you!
Keeping the chart clean to show the 1,3,5 pattern complete. Coffee is a Buy here with a current stop at the low. Equal Time with higher lows tells the story. Good trading to everyone & be safe.
11.60 but not looking very likely 9.20 ish S1 6.20 ish S2 VERY STRONG Support
I see a LARGE ABC down with a short term bullish Gartley forming in green advancing to $30 ish (B leg), then June into August bearish completion at $19 possible $15 entry to Long. I admit I have not traded Soybean Oil but twice and this is forecasting out pretty far so take my view with a grain of salt. Soybeans & Soybean oil do not appear the same. I'm...
Expect many to dismiss this as few trade Soybeans but I'll be LONG soon somewhere around 818-811. This trade has small downside risk with reasonable STOP and a nice upside target of $3000 +. There is a Larger Bullish Gartley behind this historically that gives even more upside. Many grains are showing bottom signals and this is the first BUY in some time. Good...
Great Short trade setting up at completion of D leg
We live in interesting times...and as much as I try to remove my opinions from charting, I must on this one. I'm sure many will disagree with my chart as I have forecasted a 3 drive to a bottom out of thin air (in yellow). Facts are, we have completed a BIG ABC & did get a small bounce which tells me (more downside). If you take the ABC and extend it to a 1.27...
Likely Short between the .382/.50 Fib shown as red box 1.09380/1.09845 Be as this has bullish engulfing so not a low risk trade