ChrisThein

ChrisThein

There is bearish Gartley pattern completing at 1.1415. I'm going to wait for price to reject this area before getting short. Any where in the reversal zone would be good (red box.) My stop would be just above the swing high around 1.1475. I would look to take profits at 1.1265. Good luck trading out there.

ChrisThein Updated 

There is nice bearish bat pattern setting up on the 240min chart. I would look to get short around .6942, stop above the swing high around .6973, target one .6830 and target two at .6775. If you are looking for shorter term long opportunity, I would look at the .6830-.6820 zone highlighted in blue. There is a .382 fib right into some structure. The 60min chart...

ChrisThein

Price is starting to pull back. If you missed the first move down the next best entry in my opinion is the .886 on the 240min to the .382 on the Daily. This zone comes right at the top of some structure resistance. I would place my stop just above the swing high. I am still maintaining my original target of .014000 Good luck trading out there.

ChrisThein Updated 

Price is coming into a low risk high reward situation. There is some RSI divergence on the Daily with a Head and Shoulder pattern setting up. I'm going to take a shot and short around the .886 fib at .7698. We also have whole number psychology resistance at .7700 with the RSI going into oversold territory on the 240min. I'm putting my stop just above the swing...

ChrisThein

The price action has been really choppy so we'll see if price comes into the zone. Check out he link for the details. Good luck trading out there.

ChrisThein

There is a .50 fib Bearish Bat Pattern on the 60min time frame. It completes at 108.93, I'm putting my stop just above the swing high around 109.20. My target is going to be 108.13, it's the .618 retrace of the entry. There is also a .382 AB leg on the 120min. Now depending if you trade only .50 fib bats, this may not fit in your plan. Even if it doesn't this is...

ChrisThein

Price cracked the neckline on the head and should pattern on the Daily. Price is pulling back a bit for good opportunity to get short. See the blue box on the 240min chart. Price did have a good bounce off the Daily support around 0.02296, blue line on the Daily. I think once price closes below this level on the Daily then we might see a parabolic short. Good luck...

ChrisThein

Price is about to enter the zone I mapped out a two days ago. Lets see how price reacts to this zone. Good luck trading out there.

ChrisThein

Price is starting breakdown. We'll see if this .024000 line can hold. Good luck trading out there.

ChrisThein Updated 

Lots of opportunities with this crypto pair. On the Daily on the right screen there is Bearish Head and Shoulder pattern. If price breaks and closes above .030 then it becomes invalid for me. If price holds I would look to get short around .024 with a target to .014. On the 240 min there is a potential Flag/Pennant pattern forming price could breakout above .030...

ChrisThein

Looking to get long at former resistance. There is a .382 confluence in the zone I want to get long at. Between 1.1310-1.1330. I looking to get long at 1.1310 unless we get a nice rejection candle on the 240. My stop will be at 1.1285 and my target is the swing high around 1.1405. Good luck trading out there.

ChrisThein

There is a 3 drives completion around .6715-.6720. I'm looking to get short around .6717, with my stop at .6726. I wanna take profits at the swing low at .6675. There is also a .886 fib confluence in the kill zone. Good luck trading out there.

ChrisThein

Price has been making lower lows the last few days. There is a nice Rally-Base-Drop zone at .6780-.6790. This coincides with a a potential ABCD completion in the middle of that zone. We also have a fib .886 retracement in the mix as well. This presents us with a low risk high probability trade. I'm looking to go short around .6786, my stops at .6795, and target...

ChrisThein

There is bearish Gartley setting up on the 30 min time frame for all of you pattern traders.(Completes at .786 around 1.1245 depending on how you trade patterns). Even if you don't trade patterns, there is a 1.272 extension and .886 fib confluence right into a double topping formation. Along with a one-to-one extension. On the 4 hour time frame we made a lower...

ChrisThein

Ethereum looks like its finally starting to pullback. Its forming a head and shoulders pattern on the Daily. If this has a strong close below 10 we could see a nice drop to the 6's. I added an entry, stop, target just for a visual key. We'll have to see what price does first before we can establish a solid entry point. Good luck trading out there.

ChrisThein

Price made a higher high on the 4 hour last week that stalled into Daily resistance (.6845-.6870.) I'm looking for price to put in a higher low without putting in a lower low. See the blue curved line. This would tell me we could have a potential breakout of Daily resistance. It could make a pennant formation. If price breaks below and closes below the current...

ChrisThein

This pair has been bullish in the wake of the ECB's rate cut and the increase in QE. We have nice zone (1.1215-1.1225) where we have a one-to-one confluence, a 1.618 inversion, and a .886 Fib retracement. This could be a potential zone to get long in the underlying trend. Look for price to reject this zone first before getting long. I would have my stops just...

ChrisThein

Price has been in a range from 111.00-114.00. Price is at the range lows on the four hour chart. We have tweezer bottoms and RSI divergence on the Daily. I'm looking to get long around 111.05 at the 4 hour structure support. I'll have my stop just below the swing low's at 110.60. Looking to take profits at the range high at 114.00. Price rejected the...