Happy new years eve traders! (my time in Chicago) As you all know I've been staying up to date on my ideas taking them piece by piece as they develop. The chart explains what I'm thinking, and other than that... ITS TIME TO PARTY!!! I hope you all continue to kill it in 2017! Give me a thumbs up if you like the idea, comment with what you are thinking, or just...
Very easy pattern recognition here. Lets see if we get another move down before breaking out of our trend continuation pattern.
Hi Guys! In the Palm Traders team we are looking for a big sell in USDCAD due to this Primary Cycle. We are going down from where we think it's the ending of a primary corrective structure (ABC). We had a reversal and now a flag consolidation, so we will be paying attention to smaller timeframes to enter a short position and get a few hundred pips! Carlos
Hi Guys, Here we have a perfect Elliott Motive Wave in which we founf a Fifth Wave Extension, considered as an Ending Diagonal. The extension is broken and has formed a flag, so time to sell!! Carlos
AUDCAD
Waiting for price to complete this corrective pattern before entering any trades to the upside.
Sell The breakout of the red channel
I am expecting for price to go down to 161.8 extension and 61.8 fibonacci retracement and bounce back up for impulse wave
The Index seems to be forming an WXY Corrective structure
Please always trade according to your own strategy. Thanks
CHFJPY, Trade carefully.
Bearish Alt. AB=CD Harmonic Pattern Wave 5 is ending and a bearish correction is coming RSI Divergence indicating a possible bearish move is coming According to Volume Spread Analysis , Sign of weakness are appearing in the upthrust bar and the no demand bar Sell The breakout after the retest
A long Impulse wave might have come to an end. I'm looking for a retracement and tested breakout of the 0.8735 historical S/R line. RSI is not indicating a strong trend anymore, but the Stoch is in oversold (4H) but not weekly. If confirmed that would be a nice corrective wave probably till halfway through the last rise (T1@0.8585). October 10-15 fundamentals will...
if you see any mistake on my charts please let me know and always trade according to your own strategy. Thanks
It seems that CL is on the last leg of the corrective ABC move, thus short term gains can be made from the trade . CL is bullish at the current stage and can comfortably achieve the hinted target within few weeks.