taksistalo

taksistalo Updated 

Hello Traders, In the close time looking into the move down. Waiting for some more confirmation. Overbought RSI and completion of some patterns + bounce of 50 SMA is expected.

taksistalo Updated 

Hello All, We are coming up to major trend line. The action which is expected is more move to upside and this looks like a flag. However on the daily we can see that if trend like is broken we can head to 382% line which located on the trend line from previous patter, which started in 2015. Lets see, for now good trades can be done inside the flag.

taksistalo Updated 

Hello, Can plan some trades around this. Neither wait for the price action to push down to the major trend line, from there watch it for brake, form the flag and move down more or for the nice bounce and impulse to the upside.

taksistalo Updated 

Hello, Looking for this wave down in next couple weeks =) Lets see how it goes.

taksistalo

Hello Traders, We have Garthley almost formed on 4 hour chart...The trend is Bullish right now, however momentum stopped. Lets see if this level will be respected or trend line will brake. Pretty sure can go small long here if this resistance level brakes and than watch the price action at completion of Garthley. From that point we can move more up and get back...

taksistalo Updated 

Hello Traders, Going short for one more patter here, after it's completed we might be braking trend line or will be going more down side, lets see.

taksistalo Updated 

Hi All, Looking to get long soon. Not sure if bounce will come from upper or below trend line but it should come to complete this pattern.

taksistalo Updated 

Hi Traders, Before we go long there might be small retrenchment back to the trend line and than we go up. Will be watching this pair in the begging of the week and try to get involved into trade for 100-150 pips profit. This is a expanding running flat inside a bigger patter which looks to be zig-zag. We have divergence in MACD also as RSI getting closer to...

taksistalo Updated 

Hello Traders, I'm looking to be short pretty soon. The situation is that we have all signals and structure to expect this to go down. I will attach daily chart to this idea to show the main reason why I think it will go down. As usually divergence and oversold RSI are only confirmation to watch for the move down. I need price to make couple more confirmation...

taksistalo Updated 

Hello Traders, I'm looking into going long on this pair, we have big triangle formed and getting closer to brake out. RSI is oversold and we have some MACD divergence. There are two ways Im expecting the price to go, one is to brake down and bounce from 0.382 and one is to brake upside and push to magic 61.8% or even 78.60% -88.60%, also it comes to happen that...

taksistalo Updated 

Looks like this will be a nice not long term trade. Very simple and hope effective =)

taksistalo Updated 

HI Traders, I expect the price to go up very soon and brake the correction pattern.

taksistalo Updated 

Looking for some short here.

taksistalo Updated 

Hello Traders, I'm looking into short positions on this pair, however there is a chance we push to the demand zone. Let see. In short favorite we have: 1) RFI is overbought on the daily 2) Cypher patter can be formed 3) Trend line + fork line 4) Close to the demand zone 5) Strong rejection of trend line and need to come back to SMA. Lets see how it goes =)

taksistalo Updated 

Hi All, I expect the price to go to the bottom trend line which was respected multiple times. Before that happens I want to see the bounce down from 0.382 level (which will confluence with EMA and SMA). No pending orders are set yet.

taksistalo Updated 

Looking to get small short here, the reasons why: 1) Overbought RSI 2) Strong resistance level tested back Sep 2016 3) Come back to middle of the Pitch fork level 4) Going to 382 Fib level. 5) Going back to SMA If brake above 50 and disrespect the level probably will go to famous 0.618%

taksistalo Updated 

Hi Traders, I'm looking into going short, but the brake above can happen as well. Why I'm looking to go short 1) Overbought RSI 2) Completed butterfly pattern 3) Pitch fork level 4) 5th touch of the wage is still pending.

taksistalo Updated 

Hello Traders, I'm looking into this for the next week. Will see how price action will move. 1) Have Cypher completion soon. 2) Looking into 7200 level as resistance, which will not invalidate the pattern 3) RSI should be overbought around those levels 4) After D point completed will be looking into this more closer and will set up pending orders. Patience...