kylew.eaton

kylew.eaton

The double top I published before acted more like a cup and handle and is now testing the top resistance for a third time in a short time span. If it breaks resistance it could have an easy path to the 1.618. Entry: 6.40211 Profit: 6.46618 Stop: 6.36799

kylew.eaton

USDCHN is in a long consolidation channel right now and it just hit a double top testing the upper bound of the channel. Will enter after the neckline and look to exit at bottom resistance. Keep an eye out at that resistance as it could break the channel for a healthy short Entry: 6.25867 Target: 6.25867 Stop: 6.34678 Not the best R/R at 1.7 but high confidence.

kylew.eaton Updated 

Not the cleanest Bearish Crab but there are other things at play here. It just tested a historical resistance (red dotted line) and turned around. That said I think it will at least go down to the B (1.79931) and if it breaks through that it will confirm the Wolfe Wave Pattern (see gold dotted trend line) and make it's way down to at least the C (1.76052) or...

kylew.eaton

Proper head and shoulders has complete and I'm currently monitoring the pull back so I can place my short entry Entry Target (may enter sooner): 1.40625 Stop: 1.41729 Profit Target: 1.39158

kylew.eaton

Was looking for a Bearish bat pattern and found a triple bottom. Looking for it to potentially act like a bearish bat upon if it decides to reverse convincingly around the final profit target Entry: 18.56503 Stop Loss: 18.42715 Target 1: 18.79252 Target Final: 18.91971 Potential Short Position: 18.91971 Profit Target: 18.5 Will flush the short out more if it...

kylew.eaton

Long short

kylew.eaton

Buy now: 1.39816 Stop: 1.38569 First target at the 1 on the fib: 1.43571 2nd and final target set at the 1.618: 1.47905

kylew.eaton

This resembles a bullish butterflies but a mirror image... Has potential to continue down to the 1.68 and form a text book bullish crab. If the next candle remains above the trendline (105.214) then it's an immediate buy.

kylew.eaton

Pitch fork shows it could be ready to test bottom trend again and my guess would be it happens in about 19 days

kylew.eaton

Very clean ABCD pattern with a big spike off the D. I think it will turn into a 3 Drive and bounce off of the new .382 and run down to the 1.618 which happens to be an old support.\ Sell:108.965 Buy: 107.390 Will add the macro chart in the comments because I think it could go even lower (red dotted line)

kylew.eaton

Just completed a very clean ABCD Pattern and bounced off the 1 Fib. Zoom out and you'll noted that the D was the end of a cup formation. It seems that it has already dropped to what could be the bottom of the handle and could soon be ready to make another leg up. The next leg up will test the 1.6 again and could break creating a three drive pattern. I'd buy...