NASDAQ:AAPL Apple is running into some overhead resistance via the (green-dashed) trigger-line displayed on the chart. Most oscillators are clearly turning over here. To keep this chart simple, I left just this one fork/trigger-line visible. The fork has two Fib extensions (1.618 & 2.618), which I expect price to navigate through. However, there are...
INDEX:BTCUSD Bitcoin Weekly Chart After the June low, Bitcoin found support riding up the 1.618 ML-E (Median Line Extension) of the Red fork until mid-August. It briefly found support on the Yellow ML, until breaking below it a few weeks back. Price has attempted and failed to make it back above the Yellow ML. We see two consecutive weekly candles getting...
AMEX:SPY $SPY 130m timeframe aka, the daily candle divided into 3 sessions (Morning/Lunch/Afternoon) I applied a Schiff Pitchfork, starting with the (A) High pivot in late March, (B) the low pivot in June, and the (C) high pivot in August. It embeds price movements quite well, and I believe gives us some hints as to where price is heading in the near...
NASDAQ:TSLA Tesla has put in an triple-top while failing to reach the median line of the red ascending fork. (Hagopian Gap noted by yellow circles) The Hagopian Law states that price should make a strong move away from the Median Line/ MLH / ML Extension after it fails to reach it. Price has now left the red ascending fork and has also broke under the...
BINANCE:ALGOUSDT Algorand 4H Price Projection Fat_Fat
TVC:SILVER Silver appears to be putting in a bottom right along the median line and lower parallel of two separate Pitchforks. (Larger Shot of both forks below) Momentum showing some serious bullish divergence. Not Shown MACD & RSI - Also showing solid bullish divergence. Pending a breakout, I would expect that Silver rallies up the arc formation towards...
KUCOIN:ONEUSDT I really like this set up. Big targets, minimal risk, and forks and price patterns (hopefully) have my back. I went short at $0.20165 Stop-Loss set at $0.204 Target 1 = $0.194 (1.0 Fib Extension) Target 2 = $0.1885 (1.272 Fib Extension) Target 3 = $0.1817 (1.618 Fib Extension) Fat_Fat
OANDA:EURUSD EUR/USD continuing it's inverted Cup & Handle decline. Next down move brings it to the 2.618 (trend-based) Fib extension level around $0.95 flat. Fib extension measured from the first inverted cup & handle. Fat_Fat
AMEX:SPY Fat_Fat the Real American Sniper. SPY = Approximately 343 by November 2022 Fat_Fat
DJ:DJI Dow Jones Weekly... Two Forks, One Gap, One Energy Point. Fork Warning Lines = 1.618 Extension (Zoomed Out Picture Below) Fat_Fat
TVC:GOLD Gold is at a crossroads... In the middle of the range, and at a level that has held support on many different occasions over the past few years... The 0.618 Fib level of the Covid low-high move, around $1680. I want to be bullish, I'm leaning bullish... However, I'm not confident enough to make a call here. Regardless of the direction, everyone...
CBOT:ZW1! Wheat might be lining up for a retrace rally. Wheat appears to have built out a descending wedge while also printing bullish divergence on the RSI. Price has finally broke the wedge, retested, and continued moving higher. In that move higher, price has broke through the major descending fork that has held price for the last 3+ months. In...
OANDA:USDJPY Dollar/Yen just put in a Bearish Gartley Harmonic. RSI approaching trendline resistance plotted from the two previous peaks. If the pattern confirms and the fork holds.... short it. I just got short with a healthy stop above the peak in July. Targets = Fib levels Fib/Price Targets 0.382 = 129.94 0.5 = 127.02 0.618 = 124.10 Fat_Fat
BINANCE:BTCUSDT After BTC perfectly dropped to the "energy point" , (intersection of the two green median lines) price has managed to break out of the minor green fork. The next logical target would be the U-MLH of the major green fork. I plotted two paths to the U-MLH of the major fork with an Andrews and Schiff Pitchfork using two different origin...
NASDAQ:TSLA TSLA daily chart. Price broke above the (green-descending) major fork and briefly consolidated after a retest of the U-MLH. Following the retest and consolidation, price rallied on Friday to close the week. I'm expecting price to continue higher: based on the pitchfork breakout, bullish Ichimoku Cloud set-up, and upcoming stock-split. The next...
OANDA:NZDUSD Pretty self explanatory. Head & Shoulders along the U-MLH of a descending Pitchfork. Target lines up perfectly with the energy point (two median lines crossing), as well as a double bottom. I'm getting into this trade as soon as the market opens in 2 minutes. Targeting $0.606 - $0.608
OANDA:GBPUSD GBP/USD appears to be putting in a bottom. RSI/MACD showing bullish divergence and price has just made an exit from a Descending Wedge. If price can hold above $1.17, I'm expecting GBP/USD to eventually reach $1.30 The $1.30 price level coincides with the median line of the (red) Schiff Pitchfork, and is approximately a 50% retracement of the...
KUCOIN:SOLUSDT Price bottomed out in June 13th and has been navigating through an ascending triangle. I'm expecting the resistance along the flat-top of the ascending triangle to hold one more time. This would also qualify as a Hagopian gap, which should push price down substantially and out of the primary fork. A perfect place for the short term down-move to...