Hello Traders! USDCHF seems to be forming a big 3 wave pattern. if there is a smaller TCP formed, we can go long to the top. from the top, it'd be a good chance to short.
Hello Traders! Oil has me excited now because patterns are becoming very clear, I have bee waiting on this pattern formation for months!!! Anyway lets get to the nitty and gritty. What we have here is a Libra pattern, courtesy of Jack AKA tntsunrise as is his TV name. Encourage all to follow him, Great trader. currently top on TV. I learned this trading pattern...
Hello Traders! Gold is in what seems may be a consolidation between the 2 parallel yellow trendlines . it is not complete so these were randomly drawn as to show what I believe price is doing. if I am right, there may be a trade to short Gold at likely a .618 of the 'A' leg in the parallel channels as i believe this small bull move is wave 'B', if short, we may...
Hello Traders! Last week Gold made a small Bull impulse, I see this as the start of a correction. That Bull impulse may very well be an 'A' Wave. if market corrects, that will be 'B', it may give a trade setup to catch 'C', that may be risky though since it is countertrend. after all that happens, market may just continue its Bearish trend. if it does and market...
Hello Everyone, EURAUD seems to be in a big Daily correction. it seems like it is finalizing this B wave and will make the impulse for the C. I am calculating a drop to start around where the arrow begins all the way around to where it ends to complete the Daily correction pattern.
Hello Everyone, I am looking for a correction to short the double top.
Hello Everyone, EURNZD is on a bull trend right now but RSI is indicating we may be near the end. Price is almost at its Ext. lvl but failed to reach it previously, a good indication that this wave may hit and reverse from there. Pay attention to corrective price action as it approaches the high
Hello Everyone, EURCHF is forming a 1hr correction and seems to be almost at the completion. if so we may see the break out in the next few hours. Will look for it to continue its uptrend with in the channel before getting rejected at a high and reversing for the break out. Good Luck!
Hello Everyone, AUDCAD just make a very sharp drop which I am anticipating to end up getting rejected. I would like to get in but the risk is too high for me at this price, If it goes toward the low of the candle, I will look into it. A moment of silence for the accounts trading this pair without a SL
Hello Everyone, Price is correcting to the downside so we can anticipate a Bullish wave to come in during the start of the week. I will watch the price at the trendline for a bounce.
Hello Everyone, I am anticipating a break for AUDNZD. just must wait for it. we have not yet broken the uptrend line.
Hello Everyone, EURCAD is in the middle of a Daily conslidation. I am looking into Price completing a pattern. 4hr View 1hr View
Hello Everyone, EURJPY is showing a big Diagnal, Anticipating the start of its last bull wave before the B.O.
Hello Everyone, TESLA seems like a good stock pick but ideally you want to see it go into a consolidation period for at least another 4 months. if it does then there may be good upside potencial all the way up to the 1.618 Ext. and maybe even higher
Hello Everyone, Just some more pattern recognition on stock charts.
Hello Everyone, I did a long term analysis on NZDCAD. clearly its doing a big WXYZ pattern and its composed of multiple smaller ABC's. to be able to trade this WXYZ pattern is risky because its a big consolidation. best option would be to trade the smaller patterns that form within. market is finishing up the C leg and may form a flag or a type of TCP that may be...
Hello Everyone, Market price on GBPNZD is in an uptrend that is looking corrective. RSI price is forming a triangle pattern. Pay attention to the next rise in price as it may be the start of a Bear wave. Watch the Top on price and more importantly, I would watch for when RSI reaches the Top of the triangle pattern. Watch this pair closely for the next Wave, trade...