FXPhantom

01:26

FXPhantom

The strategy is to go LONG on the break of the HIGH of the second 15min bar after the open, or SHORT on the break of the LOW of the second 15min bar after the open. Today we got a Long signal. PT is placed at significant price levels on the chart. SL is placed just below the signal bar.

FXPhantom

After the wild run from the lows, S&P printed Doji candle suggesting mid-term top might be in place. Potential reversal signaled by the DT reversal signal. Set up your entry on the lower time frame and stop-loss above 3070.

FXPhantom

It looks like the ending diagonal (wave 5) might be forming on the SPX chart. The impulse waves 1 and 3, consisted of around 40 bars. If the 5th wave will be similar in time - it would suggest a bottom around 2100. The idea is to go long around 2100 for a possible corrective move up with a stop loss at the level of 2050. If the price goes below 2050 it would...

FXPhantom Updated 

After decent drop the pair formed short term double bottom. Go long on trend line break targeting half way to the missed daily pivot from 14th of November or level at 1.07 which would creat perfect ABC (AB=BC) correction from the lows. SL goes below the lows.

FXPhantom Updated 

1. Missed Daily Pivot below the price. 2. Divergence between price and momentum + Overbought RSI 3. Break & close below trend line Go short targeting missed pivot at 81.46. SL above recent high at 82.65

FXPhantom

Possible H&S pattern in play. Go short on break of formation's neck line (around 2036) targeting 1990 or lower.

FXPhantom

It looks like cup and handle formation might be forming on silver chart. Go long on current levels or on break from flag formation (around 15.30). SL goes below14.40. Initial target: 16.00. Long term target: 18.40.

FXPhantom

As OIL climbes higher, I favor shorts on this pair. If price breaks through support area - go short targeting 17.30 - 17.40 area (next level of support) with SL at 18.40.

FXPhantom

1. Lower boundary of the channel prooved to be support for the price. 2. Go long targeting: a) 11000 - recent high b) anything higher your heart desires SL goes below 10775

FXPhantom

1. Divergence price/momentum with oversold RSI 2. Trend line break 3. Missed daily & weekly pivots above the price Go long at this level targeting: 1. Short term - missed daily pivot 2. Longer term - missed weekly pivot SL goes below the recent low

FXPhantom

1. Divergence formed at 0.618 fib rettracement of the recent move up(momentum/price) 2. Price retesting broken resistance (long consolidation 3. Missed daily pivot above the price Golong at this level targeting: 1. Short term - missed daily pivot 2. Longer term - recent highs and above SL goes below 46.00

FXPhantom

OIL's been consolidating for quite a time now. When it breaks from the triangle you can see on the chart - the move is going to be significant. My bias is bullish. Enter long on break of the upper boundary targeting 55.00. SL goes below the lower boundary at 43.50

FXPhantom

1. Beautifull Divergence for both recent tops (momentum/price) 2. Price broke the trend line 3. Lots of missed pivots below the price Go short targeting the area of support with. SL above the highs. Sell more after support is broken.

FXPhantom

The idea from couple of days go plays out nicely. Price starts dancing on H&S formation neck line. It's a good place to add to the short taken earlier (see the linked idea) anticipating a fall from here which might be substantial (1.93 - 1.94 is my target area). SL goes above the right shoulder.

FXPhantom

1. Divergence present (momentum/price) 2. Price at support level 3. Missed daily pivot above Go long targeting missed daily pivot around 1135, SL goes below 1120.

FXPhantom

Nice H&S pattern might form on this pair. Early sell on break of the purple trend line and if it goes in anticipated direction, sell more on break of the support/neck line. SL goes above the recent high (the right shoulder)

FXPhantom

Go long DAX as soon as price breaks through the blue trend line. We got nice Divergence between price and momentum. Target this week's Pivot, SL goes below the lows.

FXPhantom

Looks like nice Gartley pattern formed on DAX, There is unhit weekly pivot which makes a nice target for the long trade. SL goes below 10800.