Bat pattern forming on AU Bat pattern is AB into a .5 retracement BC into a .786 retracement CD into an 886 retracement giving us a good shorting oppurtunity with small risk and a great return Bat also complete at a pretty large structure level which gives us a good spot to place our stops above the X leg of the move (74.900s) First targets into the .382...
Markets pulling up into an area with lots of Fibonacci confluence there's also a lot of previous structure at this level stops will be above the larger swing high to give the trade some more room to work There's two separate 1414 retracements at this level as well as a 1618 fib all within a pip of each other calculated using the recent impulse legs There's...
Looking for market to retrace after running into a 127 and 141 fib confluence that are within a pip Market is also very overbought giving more cause to the short case Not looking for total reversal just pullback to continue the overall trend SL is at the 1.00560s above the previous swing high Looking to take profit at 9990s Good luck and always have a plan
Found area of confluence with a 618 and two separate 1414 extensions Lots of previous support at this level as well as resistance Just looking for pullback back into previous structure SL below 1590's TP at 1680s
Chart found a bottom and is pulling back up into an area with a lot of previous structure (Look left) looking for a short to continue the trend at least to previous level If downtrend continues bring stops down and see if we can hit TP2
Markets overbought and into structure (Look in comments for wider picture) Looking for a small retracement into 111.30's a very small risk high reward trade. Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support. I will update on how it goes! Good luck out there
support found, macro reverse, storm 44 cross BULLISH. Modest targets depending on vol/momentum we will see.
The Global X Lithium and Battery ETF seems poised to proceed on the bull side. Commodities in general also seem poised for some bullish sentiment, so I hope that Lithium and battery related commodities rise which should have a positive effect on the ETF.
Expect a further slide down the large bullish wedge into more probabilistic BO zones (as indicated by green projection area within the wedge), then trend reversal that moves within the trident. The current movement is a completion of a bearish ascending wedge, which correlates with a continuation of the downward trend. The VFL shares the current bearish sentiment...
REVIEW NOTES ARE ON THE CHART. LETS WAIT AND SEE! LIT
Maybe due to a, desirable, pullback $LIT
Another favorite which i almost forgot i had. Entered a while back at 24$. working out just perfect so far and actually growing at a faster pace than i had anticipated. Going to add on to my position here substantually. as always a 3rd position @ 34$, a half position @ 33$, and a full position @ 31$