purpurato59

purpurato59 Updated 

Wait for your signal to enter, I believe this might go to the 0,618 CD retrace, close to the pitchfork channel. I also think there is a chance for a stronger downward pressure after that point. I will publish later on. It's possible that DXY will bring some help to this, watch it. Good luck, and thanks for your comments.

purpurato59 Updated 

We just reached the bottom of this pitchfork and there are several signs of bottom here. Wait for your signal and enjoy. Thanks for your comments.

purpurato59 Updated 

Today's market feels quite choppy so I decided to go to lower time intervals and explore some possibilities. This one is set, but signal not active, wait for it before engaging. Good luck.

purpurato59 Updated 

This pair just bounced on the lower part of the pitchfork while hitting the bollinger band. There are also signs on DXY that support this idea. Good luck and thanks for your comments.

purpurato59 Updated 

There are several signs for DXY bottom and USOIL seems to be in a continuation of its downtrend, and this is the perfect mix to long this pair. Both the pitchfork channel and the ichi cloud are showing support at this level. Good luck and thanks for your likes and comments.

purpurato59 Updated 

After a strong bull run, NZD is showing signs of weakening accross several pairs, including NZDCAD. The test of the upper part of the channel with both RSI and MFI coming back from the overbought are enough for me to try this short. Good luck.

purpurato59 Updated 

Price hit the angle of this fan and seems to be primed for reversal. There is also an important divergence on both RSI and MFI. On the fundamental side, USOIL seems to be on a new upward phase and CAD is responding good not only on this pair but also on EURCAD and USDCAD. Good luck, and thanks for your comments.

purpurato59

This massive Gartley is giving signs of reversal and RSI is ready now.

purpurato59 Updated 

This pattern is now complete and the bounce at the angle reinforces this idea. You may want to wait for a signal before entering this trade. RSI may be of help on these ones. Good luck

purpurato59 Updated 

Both MFI and RSI showing a nice divergence with potential for longs. Target around 84 where a cypher pattern completes.

purpurato59 Updated 

This last bullrun seems to be looking for some breathing and the PRZ of this pattern has been tested already and giving signs of reversal. Last two green days have been on fading volume. Unless we break last high this idea remains valid.

purpurato59

There is an opportunity here but watch it, I think the main trend is downwards with DXY already going up.

purpurato59 Updated 

Daily just made a dark cloud cover and we hit the centerline of this pitchfork. I will update with targets on days to come. First one on quarter channel around 17,7. Enjoy and thanks for your comments.

purpurato59 Updated 

We reached a very long term downward channel and tested it a couple of days ago and rejected. It is also at the 0,25 angle of the fan. I believe this is worth the risk. I give credit on this to @patelbg2001 who first spotted it.

purpurato59

This pair has just reach an important support and the daily made a nice hammer together with the Bollinger band kiss. Thanks for your comments and good luck.

purpurato59 Updated 

Presenting the second harmonic of this edition, we have now the bat. Butterfly did an excellent job last time and the R/R on this one is interesting. I would wait for a close above the channel in order to start this. Thanks for your comments and GL.

purpurato59 Updated 

It is worth the short with nice R/R. My signal is now active and I expect it to go at least down till last support around 1,0886. Thanks for your comments and good luck.

purpurato59

These last days DXY hasn't shown much strength and the daily candles on oil look quite like it wants to reverse. If those two things align that way, I believe this bat has a high possibility of giving great results. Better wait till the FOMC is settled and watch oil closely as you know this pair is highly correlated. Good luck and thanks for your comments.