holeyprofit

holeyprofit Updated 

It looks like my previous analysis is going to be invalidated. The head and shoulders in the linked post will break and when we have a breaking of a head and shoulders we'll typically see a butterfly pattern. This would give a projection of a parabolic move up somewhere over 50. Pending orders to buy a dip, and if I see what I am looking for over the next couple...

holeyprofit Updated 

Looking to catch final momentum moves into the resistance level. Buying 49,600. See related ideas for target/reverse

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5 wave expansion out of the low. The topping section of this is a small 161 extension of the last drop (Consistent with wave 5). Now I'm looking for ABC set up and then later the big crude bull.

holeyprofit Updated 

BTC is now getting into the major test levels. This is where we'd be most likely to find support and if we did we'd probably be looking at 52 - 53K before we wanted to short again (After a parabolic move) but in the near term downtrend patterns are holding and a break currently looks more likely. If we break here, the head and shoulders comes into play. It can be...

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Got stopped out my BTC shorts 48,260. Looks like a fairly legit breakout and we're probably heading into a D leg of a forming bearish butterfly pattern. 46K has not be able to break and if that continues to be the case my bias is more towards 52K hitting. Planning to short in that area. Limit order to buy a retracement.

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Bug spike in a harmonic pattern. Might be the parabolic D leg. Really close to my stop now. If we continue higher I'll be out and maybe looking for longs but this is optimum RR sell level.

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AAPL bearish butterfly pattern might be getting ready to complete. Various major large bearish patterns on big stocks now. Feels a bit like a news event is coming. Harmoncis often start (And end) with news event.

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Spiked out previous lows and retesting the big resistance level. Shorting now. Probably strongest area for bull risk here but if this hold we can break 46K and then we're in strong bear areas. This should be a big inflection point. Might be an important day.

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Shorting TSLA on the 76% fib resistance level of the last big down swing. If TSLA is starting to enter into a downtrend this should be the area we find the bears.

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BTC break looks like it might be under way. Adding to my short with the same stop as in related post.

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RUT may starting to form the first parts of a bear move. We've had a 5 wave decline and ABC correction to this. This may have built up a bigger elliot leg. If this is making a big wave 2, the break of the low would be a really strong move starting.

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SPX is trading a bit above a big resistance level. We're within the type of variance zone spike outs can commonly go and this offers a pretty high RR opportunity. SPX is weakening intraday currently. It may break supports.

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Limit order to short BTC at 47,900. Looking to see an ABC correction to fill the retracement levels.

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Target hit on short. Expecting a small bounce and then a bigger short. Quick long trade.

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USDCAD has been pinned down into the lows for a while now but this looks like it's making a support base at the end of a correction. The USD bull can be epic if it comes into play. One of the best opportunities I see in the markets at the moment.

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GME bull trap may be ending upon the formation of the crab pattern. If this is the end of a bull trap GME can decline 75% from the current price. This would take us to 50, which has been my long term GME forecast for a while.

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Might be setting up the next downswing in BTC now. At critical inflection points. Good short entries. Favourable RR and decent probability of success.

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AMC continues to form the move down in a nice Elliot formation. Completing the 5 waves down and entering into a sharp rally. If this turns into a false breakout, we're back into the trend legs.