Mamou-Q

Mamou-Q

A falling wedge is reversing S&P500, Be careful with shorting for a a little.

Mamou-Q Updated 

We Know that triangles, wedges and rectangles are the most common price patterns. We learned how to measure the height, diameter and angles at school but you might also asked yourself sometimes When Are We Going to Use This in Real Life? well here; :) The following is an example of a wedge that is being printed currently by the DAX. I used geometry and angle...

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Bitcoin is within a rising wedge, which tend to break to the downside. That is also coinciding with a bearish divergence on the 4h frame. Maybe its time for a proper retracement?

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are major indices ready for a pullback or a rush higher? well, I believe markets melt could be coming and we have to be ready for a pullback, and I guess the possibility that the pullback is more deeper and longer lasting than those of before. Nonetheless, market is going to do what it's going to do anyhow, so pay attention to the early signs given to you.

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Be Careful with breakout fakeout! :)

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NOTES: In my previous post I indicated a short-term retracement after a rising wedge appeared. the price indeed retraced as expected. However, I don't expect Gold will drop beyond 1845. for the following reasons: 1. On the 4-day chart, there is an obvious falling wedge that is depleting slowly and preparing for a turnaround. Typically wedges break out at 38...

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rising wedge patterns hint towards a bearish move OR A CONTINUATION IN THIS CASE. it's worth mentioning that when the wedge aligns itself with the current trend, the probability is on the side of a market reversal. However, if the wedge is pointing against the trend, the probability lies on the side of a continuation.

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A true head & shoulders pattern doesn't occur very often, but when it does, man traders believe it's an indicator that a major trend reversal has occurred. its actually a double head and shoulders patterns inside each other

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Pennants are my favourite patterns, they occur just after a sharp drop in price and resemble a flag. they provide good opportunity for shorting as it continues with another similar-sized fall in price usually usually -- Sell after the support level has been broken, either on a breakout or on a retest of the lower trend line. … the stop loss is placed above the...

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S&P 500 and Nasdaq as well, shorting

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Bearish descending triangle NASDAQ Be CAREFUL WITH FALSE BREAKOUT

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on the 5 minute chart u can spot the divergence clearly "Bearish Hidden Divergence or bearish bear divergence occurs during rebound in a downtrend when oscillator makes lower form while the price is not, as in rebound phase or consolidation. This indicates that the seller is still in the market and the downtrend is still strong. The rebound movement is merely a...

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Short position opportunity

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Hello Guys. an awesome pennant is being made, get ready for the higher extension of the uptrend

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Long at 3700 TP:3730 SL:3690

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take advantages guys from this awesome channel (or u can call it inverted flag) :)

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Symmetrical triangle on the 15m chart. The best time to enter any kind of triangle is when the price has broken and closed below the downside trendline,– iin this case of a bearish breakout (most likely)