nick203

nick203

Hey everyone, we have a confirmed break and close under the neckline of the head and shoulders pattern on the SPX500. What does this mean? Well it means over the next few months we will see weakness in the stock market and movement toward the targeted area. Don't forget to follow me on tradingview to not miss any of my ideas!

nick203

Hello everyone, looks like USDJPY pair is at a crucial level. Will we continue to reject the resistance trendline and move to the support trendline? Or will we break right through and make a move to the upside? Both situations are very probable but I'm leaning toward a weaker USD and we move to our downside targets. Lets see how this plays out. It will be fun!!

nick203

Hey everyone, there its two posible outcomes on CADJPY. 1- We broke the rising wedge and continue the down trend and hit our target. 2- We break outside the descending wedge (in blue) and move higher first.

nick203

We broke and retested a big Daily resistance level as support. We haven't closed a daily candle over this level so its to early to tell but if this price action continues I would expect us to hit the Target Area.

nick203

If we break upwards of the triangle forming expect to move higher. If we break and close below the support area in green, price will fall to the targets.

nick203

EURJPY looks short, its just a question of what route we will take to break the large symmetrical triangle on the 1D chart. These are the outcomes I see possible, They will all end up at the same place, the bottom of the triangle. We are currently in a flag pattern so if we break and close under that we should at least hit target 1.

nick203

We are forming a large daily symmetrical triangle on the 1D chart. If we break and close under this pattern we can expect price to move lower to the target area. Wait for a break and close. Make sure to follow for more ideas like this one. Leave any questions about this idea or about trading in the comments or message me! :D

nick203

Okay so we are at a very important price point for ETHUSD. We have been respecting the area of the descending wedge for a while now and we are getting to the very bottom and there is a very key support level where we could see a big move up in price if we breakout of this pattern. REMEMBER that the wedge is only valid once we have a confirmed break and close on...

nick203

We are approaching the bottom of the descending wedge I have been looking at on ETHUSD. I wouldn't be surprised if we reach the bottom of the support level before breaking out of the wedge pattern. I also posted a short term wedge pattern on the 1D chart on the right, which could kick off the rise of ETH if we break above this pattern. REMEMBER wedge patterns are...

nick203

There is a descending wedge forming on BTCUSD right above an important support level. I wouldn't be surprised if we move a bit lower to the support level before breaking out of the wedge. Keep in mind the wedge will only be validated when we break AND close above the pattern. Follow for more ideas like this one :)

nick203

We broke an inverse head and shoulders on NZDUSD, expect price to go higher. If the risk reward is not good, wait for a retracement towards neckline to enter.

nick203

We broke a head and shoulders pattern on EURNZD. Expect price to move lower. Make sure risk:reward is good since we had a big break, if its not maybe we will get a retracement that can provide a better entry.

nick203

If we break and close under the flag pattern we can expect price to move towards the target zone.

nick203

Wait for break and close of the head and shoulders pattern to enter.

nick203

We are currently under the neckline of a very important trend reversal pattern known as the Head & Shoulders Pattern. If we close under the neckline we will move towards my target at 21600 over the next few months. This would total an 11.5% neckline which will drag down all the other indices with it. Be prepared if we close under this shoulder! Follow for more...

nick203

There seems to be a continuation pattern upwards forming on ETHUSD ( Descending wedge). Wait for a break and close above the structure to enter. Follow for more ideas like this one!

nick203

Looks like we formed a symmetric triangle pattern on GBPCAD. Wait for break and close below to structure to enter. Follow if you guys want to see more ideas like this one!

nick203

There is a possibility of a GBPAUD long set up here. There is no technical pattern right now, so there is no trigger to take the trade but we are approaching a very important trend line and the bottom of a support zone Time to put GBPAUD on your watch list for the week to see if a reversal patter forms or we get a big Higher High - Higher Close when we hit the...