OANDA:NZDUSD King Dollar seeks to claim another victim. Supported by bear divergence on daily timeframe. NZDUSD breaks & retests the median. Next stop, lower parallel. Fat_Fat
This pitchfork chart looks very clean to me with intersecting bullish and bearish potentials hitting an inflection point this week.
Will it be a Rising Wedge or a Falling Wedge? Interesting times ahead for ADA.
NASDAQ:QQQ Here we go boiz, the moment we've all been waiting for. QQQ to retrace the entire '09 GFC low to '21 ATHs. (Full Retrace Screenshot Below) You could wait for Sliding Parallel Break for added confirmation if you are the cautious type. Energy Points as shown on chart are targets. yuh Fat_Fat
As money seems to trickle into crypto again, perhaps backed by fears caused by Silicon Valley Bank collapse, I am looking for a short-term upside potential and MPS presents such an opportunity: In June of 2022 the MPS did return to the major support level of 4 USD (yellow line) and bounced In July of 2022 it broke out of it's downward trend (red line) and...
AMEX:SPY SPY has broke under the yellow trigger-line, from the previous confirmed Pitchfork. I have been waiting for this confirmation before entering a new short position. Plotting a new Fork from the most recent Hi-Lo-Hi pivots, we see that the upper parallel has been retested and has also held price. (Red Fork) SPY has a 70-80% chance to reach the latest...
OANDA:USDJPY Wait for a retest of the lower MLH & Long USDJPY I'll update this idea when I make my move. Target 147.8 Fat_Fat
NYSE:R Ryder is breaking down, looking to see it fall to the Energy Points noted on the chart. Energy Point #1: April 18th @ $83.50 Energy Point #2: Mid-July to Early-August @ ~ $75 Fat_Fat
OANDA:USDCAD USD/CAD putting in a double bottom off the Red Modified Schiff ML after breaking out above the Yellow Andrews ML. Multiple MLs pointing to a run towards the upper parallel, @ approximately 1.4650 (screenshots below) I am not long yet, but I plan on either longing a break above the previous peak at ~1.3705 or attempting to get a better entry if...
blue fork is describing the price movement precisley and the red fork is a bearish fork which breaking its hagoppian line shows a sgnifacnt possibility for upward movement. RVN may create a big profit in 2023 ! BINANCE:RVNUSDT
As you can see, the price could not properly break the downward trend line and returned to the downward trend line again. The pitchfork is drawn by the Auto Pitchfork indicator. As long as the price cannot break its downward trend line correctly; The downward trend will remain.
As you can see, it is located at the lower edge of the fork, and if the downward trend line and the middle line of the fork are correctly broken, a buying position can be opened. The specified price can be the first target of the upward movement. Please pay attention to the word "correct failure".
NYMEX:CL1! Crude to $100 - $105 area. ML + TL + WL Energy Point in early May 2023. Fat_Fat
It seems that the recent drop was a correction, if this idea goes well, the possibility of moving towards very high prices is high.
Greetings Traders Here we have the SPX chart with an Andrews Pitchfork off the three most recent monthly pivots, up to the ATH We also have a fib retracement I have scaled the chart We can see price is currently consolidating after having completed a 50% retracement from the ath. Time has been squared with price for the duration of the move. We are...
BTC has been rejected at the apparent resistance of the 25200 zone. Gann Square, as applied, also implies that the buy-side liquidity above is hard to reach. Moreover, a harmonic black swan pattern (black) has formed, which would trigger another potential bearish harmonic pattern - a dragon (red). The bearish dragon's target would be 0.618 (20104) -0.786...