@ric_fx
If I were to roll the dice and enter a trade on this stock, I would try to play the range. I personally think it would be a gamble. The bullish bat doesn't meet the criteria for that pattern very well (if at all, it's a stretch), the head and shoulders pattern is very suggestive, and the chaotic pattern of the price movement would make me cautious of even...
Not so sure about the fundamentals of this company yet. However it has found nice support at the 76.4% Fib Retracement level. I will be watching this one for a couple of days. A few articles say the short-term share price is valued at ~$8. With the 96% loss in value it is hard for me to understand how they came up with that number. That would be an 8888% gain....
Hey man, I was interested in your trade/chart. I don't know that I would have re-entered right away. On a monthly chart, the green area is the support/resistance level the value is approaching. Which is a good thing for your short. However, i see a nice trend of higher highs and higher lows which illustrates an upward trend. Right now the price is in the center of...
Why is your sell box more narrow than mine? I like to think I know a fair amount about harmonics. (not to mention they are fun to draw.) I have always had trouble with the B/S Zones. Also I added the resistance/support zone to the chart.
This is a late post. I missed out on the Bearish Butterfly for the sell. However, there is a potential buy zone in the resistance area notated above. If the Euro loses ground too quickly too the US Dollar and closes below this "buy zone," personally I would steer clear of trading the this currency pair until a new pattern arises. A bearish candle closing in this...
