rcarthage

rcarthage

Short Term View of RKT before a reset for the new stock.

rcarthage

Price providedA swing high, which created the A/B boundary. Then price gave a shallow 23.6 retracement. With the shallow retracement, price will heads to the -.18/-.27 extension before falling sharply to at least the daily 38.2 Fib level, with a strong possibility of retreating the March lows. This will be dependent on, fundamentals as well. 1. Possible...

rcarthage

This is a counter trend trade set up for NZDJPY. Price broke down TL and retested support. Looking for price to go back to the 61.8 fib level. If price breaks this 61.8 fib level, I am expecting price to return to the top to create a triple top, before a long term sell setup is available. If price respects the 61.8 fib level, I am expecting a long term sell...

rcarthage

GBPCAD- Broke the inner TL, then came back to Retest. Looking for a short down to the outer TL. If there is a break of the outer TL, I will look to carry short to 4hr support.

rcarthage

If price reaches the -1.618 extension or the Linger Resistance Area, price has a strong possibility to make a sharp dive. Possibility of retesting previous Lows around 2100 and below, possibly making it to the 1700’s over the next several months.

rcarthage

Bullish Bias: 1. Price broke thru 4 hr resistance. 2. Price can return to retest 4 hr Resistance and TL, before continuing up to Daily Resistance. (Approx 500 Pips) 3. If price Breaks inner TL, there is the possibility of price to move back to the downside and retest the 4 hr support area.

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rcarthage

1. If we get a break of daily resistance, then price will return to previous high. 2. If price rejects off of daily resistance and breaks the inner TL, price will return to the 4hr resistance level. 3. If price breaks 4hr resistance then it will likely fall to previous low at the 4hr Support level