mulinlou24

mulinlou24 Updated 

Potential head and shoulders forming and expecting for price to drop

mulinlou24 Updated 

Waiting for a breakout above the ascending triangle

mulinlou24 Updated 

symmetrical triangle breakout coming from a previous downtrend. both targets reached.

mulinlou24 Updated 

I can see a clear cypher pattern, however I am sure the measurement/level may be a bit of and if anyone can help me or suggest where I can learn more about the cypher pattern I would be very grateful. Anyway to check for positive signals to enter the trade, check for RSI Divergence, and bearish engulfing pattern, shooting star/hanging man or a bearish pinbar.

mulinlou24

wait for a price break above the downtrend channel so as to activate a buy also use RSI for confirmation.

mulinlou24

Wait for a breakout above the down trend line channel, entered on the 11/02/2016. Price is still going up.

mulinlou24

Once the BULLISH AB=CD pattern is complete price will go up, retracement BC reaches 0.618 level which acts as more confirmation for the harmonic move.

mulinlou24

As you can see the bearish AB=CD pattern should complete nicely and then we can expect for price to drop. my plan is to long first till it reaches the D leg area and then SHORT once the harmonic pattern is complete.

mulinlou24 Updated 

I believe price will rise to hit the ascending trend line and then it will retrace back lower to hit the target. simplicity is key i guess. Any constructive criticism/ opinion is appreciated

mulinlou24

I don't normally trade crude oil, so this analysis I did may be wrong but since we are all here to learn I figured why not I believe once the triangle is complete even though it is far from it, it will go higher after the breakout of the triangle. so keep watching this chart

mulinlou24 Updated 

Looking at my ABCD harmonic pattern, i believe a possible Long position may occur.I will make sure to place my entries after the pattern itself has completed to allow for the right entry and the stop I would place below the entry according to your own risk management. As a beginner I would appreciate any help and guidance on the chart, just leave a comment, thank you.

mulinlou24 Updated 

on the ABCD Harmonic pattern, I predict after reaching the D area it will make a retracement back lower. Any constructive criticism would be helpful, Thank you.

mulinlou24 Updated 

I plotted this chart over the weekend but missed the entry as a beginner i wanted to see if it will play out and it looks like it's doing fine, I would have placed my stop a few pip on top of the D. i don.t know why my cursor won't let me accurately get to the 0.168 and 1.272 area. Any help and constructive criticism would be invaluable as I am still learning....