cdschultheis15

cdschultheis15

Here, we have the USD/ZAR on the 4H chart. The bullish 5-0 pattern has completed, and now we are just waiting for reversal to take place. The breakout of the current trend channel is further confirmation for the price reversal, along with the 5-0 pattern completing right on top of the trend line. The measurements for a valid 5-0 pattern are detailed below. B:...

cdschultheis15

Today, we are looking at the USD/ZAR on the 1h chart. Price is making its way down to D point quite nicely! 12.95 level is a huge support and resistance zone. We can definitely look for price to reverse at this point. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886

cdschultheis15

I hope everyone had a great weekend! Today, we are looking at the USD/JPY. A HUGE potential bullish 5-0 pattern on the 4h chart. In the weeks to come, we can look for price to reverse at the 116.00 level (C point) and 114.00 level (D point). The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50

cdschultheis15

Hope everyone had a great weekend! Marks are about to open and I am PUMPED! Just now, we are looking at the AUD/NZD on the 4h chart. I have targeted strong trendiness in the market along with TWO bat patterns! The bullish bat has just finished completing at the end of last week. Looking at the bigger picture, price points in the bullish bat compliment a much...

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This one is looking HUGE! Here, on the AUD/USD 1D charts we have a BEARISH 5-0 completing. Throughout my studies of this certain pattern, price tends to bounce between the .50 & .618 range before reversing. Now, we are just waiting for price to close below the .50 mark and then we will be ready to place our positions! The measurements for a valid 5-0 pattern...

cdschultheis15

I hope everyone had a great weekend! The markets are looking as good as ever! Today, to start off the week, we have NZD/JPY on the 1W chart. This is looking great for the long term! In the up turn of the market, we have been hitting some resistance the past couple weeks. At this point, we are seeing the completion of a BULLISH 5-0 and a BULLISH DEEP CRAB...

cdschultheis15

Lots of opportunity on the charts to start off they year! Here at Six Figure Capital, we are all taking advantage of all the opportunities!!! Today, we are looking at AUD/USD on the 4h chart. Price seems to be trending down, and within the down trend a BEARISH 5-0 seems to have completed in the 0.7360 zone. Throughout my studies of this pattern, it seems to be...

cdschultheis15

Lots of opportunity on the charts to start off they year! Here at Six Figure Capital, we are all taking advantage of all the opportunities!!! Today, we are looking at AUD/USD on the 4h chart. Price seems to be trending down, and within the down trend a bullish 5-0 seems to have completed in the 0.7360 zone. Throughout my studies of this pattern, it seems to be...

cdschultheis15

WE GOT ANOTHER ONE! Today, we have the NZD/USD -1.02% on the 1W chart. It looks like we have potential for ANOTHER bullish bat! LOTS of confirmation on this analysis! The pattern is forming within the ascending and descending channel . For all you fundamentals out there, the U.S. will be raising rates 3 more times this year. That means price will be going...

cdschultheis15

Hello, everyone! Happy New Year!!! Coming into the new year is looking good! So much potential in the markets!!! Today, we have the NZD/USD on the 1D chart. Here in the months to come, it looks like we have a bullish bat pattern forming. LOTS of confirmation on this analysis! The pattern is hitting critical points on trend lines within the ascending and...

cdschultheis15

Here we have the CAD/CHF on the 1D chart. We are looking for price to hit and reverse at either C point, then touch at the respective D point to complete the bullish 5-0 pattern. It should be noted that price has the potential to bounce in between either C point. In that case, we can adjust our D point accordingly. This one is looking good for the weeks ahead!...

cdschultheis15

Hope everyone has a great weekend! Weekends are always a good time to analyze the markets, along with preparing a game plan for the week to come! Today, we have USD/CAD on the 4H chart. Price has just broken the ascending channel and we have the potential for a bullish crab pattern. If price does reverse at D point, this could end up being a 200+ trade!! The...

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With being sure Oil was going to continue its way down on price, OPEC hit us with a curve and decided to change things up... Announcing the decrease in production by 1.3 million barrels a day, we have seen the price for Crude and Brent Oil skyrocket. Now, we have price hitting a heavy resistance level... Will this recent chance in oil production be enough to...

cdschultheis15

It hit! This one came is a lot sooner than I expected! Spotted this one out about 3 weeks ago! Time to take your positions! The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 From here on out, we can expect this pair to stay on the downside! Be sure to look at this pair to head on its way down to complete...

cdschultheis15

Here, we have the CAD/CHF 0.05% 0.08% on the 1D chart. A bearish bat pattern has formed within the descending channel. Price has hit D point and now we are waiting for the reversal to get underway! The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886

cdschultheis15

Here, we have CAD/CHF on the 4H chart. I have been keeping my eye on this channel for the past month. If you are familiar with the book "Naked Forex", the past three price reversals have been TEXTBOOK PERFECT! The most recent price reversal was confirmed by a hanging man candlestick followed by a long bearish candlestick. We can expect the price to continue...

cdschultheis15

There is a lot of talk that gold -0.44% will be down by the end of the year... The picture shows XAU/USD on the 1D chart, a pervious and current trend channel, and a bullish butterfly. Also, according to the RSI, there is a buying opportunity. Short term reversal? What does everyone think? The measurements for a valid deep crab pattern are detailed below....

cdschultheis15

November is turning out to be a GREAT month. Here we have a bullish gartley on the 1D chart. Yes, another harmonic pattern in a trend channel... Given the trendline, we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal. The measurements for a valid gartley pattern are detailed below. B:...