EEQ is significantly strong fundamentally hitting all of our metrics. This is a great Symmetrical Triangle pattern that is technically more bullish than bearish due to how price action entered the triangle. This stock is a buy if it breaks out past the $38.10 level. Hope it helps, Des
Price discovery being what price discovery is, has the market just had it's question on fair market value answered? In this twilight zone, beyond the safety of any defining trend lines, between the never regions of longterm Fibonacci retracement; Symmetry might be all a Bitcoin bull has left.
AUDUSD seems to be consolidating within a symmetrical triangle. Price recently bounced off of the .8660 low, forming a double bottom, normally a reversal pattern, but failed to create higher highs. If price were to continue downward the next strong support level is a 2010 low at .8369. So wait for price to breakout of the triangle before entering and place a stop...
A perfect example of pattern symmetry with FIB retracement
Current EURUSD seems oversold for the moment... It still can go much lower, and when you look at the WEEK chart, you pretty much deduce that this downward trend is just the beginning of a much larger move. Whether, this will be the year of 1.20 euro is debatable, but we might get to 1.28 sooner than later.
There was a recent break of a triangle pattern to the upside. After a kiss of the trend line, TSL should look to retest 15.50 given an equal distance move from the base of this triangle pattern.
GBPNZD LONG TERM INVESTMENT IDEA GBP NZD AIM 2.41? risk reward 1: 6.5 time horizon : 3 years above let's try :)
With an eye towards symmetry, harmonics and scale how about this very-long-term outlook for SPX. If what I think is wave 4 (starting now) bottoms around 1700 and a new advance begins we might see the top at around 2340 by around the end of 2016. Of course you can all send me a winning lottery ticket if it happens. < :-) What's on your mind?