thegannreport

thegannreport Updated 

Looking for a reversal from this point in time, the final leg is in the extension range of 1.5-1.618 which I prefer on my harmonic patterns, also you will notice that a symmetrical channel, if the channel was not symmetrical I would expect price to go higher but this is not the case. Stop will be placed at the 1.618 level. Target which is very optimistic will be...

thegannreport

So presented here is an outside foxwave or harmonic pattern, market is very sideways so there isn't much upside, maybe the market will go sideways for a little while once in the trade so we can get a better profit. As I will be using the red trendline as the tp for this trade. What I like about the trade is the 3 pins dropping below the support (black horizontal...

thegannreport

Price has moved up and reacted cleanly to the outside foxwave resistance with a pinbar, this is a clear sign that possibly a reversal is about to happen. Placing a stop at the nearest previous top detailed with the blue support line, and looking for a take profit that follows the red diagonal trendline from that same top.

thegannreport

I see a buy signal here, with good risk to reward.

thegannreport

Another outside fox, looking for a decline.

thegannreport

Present is what I like to call is an outside foxwave pattern, looking to put a stop just above the pin which co-insides with the previous high at the beginning of the pattern, take profit will be the diagonal red trendline.

thegannreport

Harmonic type pattern presented, good R:R

thegannreport

Harmonic pattern showing when scaled out, with good stop from previous high.

thegannreport

A correction in order

thegannreport

Price Action to confirm this set up.

thegannreport

Looking for some price action to determine direction. Short bias.

thegannreport

A little late on this one, lets see how it pans out.

thegannreport

Looking for positive reaction from Fox Wave Line

thegannreport

Displaying an inverse pattern as well, lots of symmetry in this setup

thegannreport

Will wait for reaction.

thegannreport

Good to go!

thegannreport

Will wait for more of an upside move before entering long.

thegannreport

I think there is some updside potential, but then a continuation of the downward trend.