Went long for a bounce from the support bed on the pair after we broke a trend line and tested it. Target is 2 for 1.
After a kiss of an important trendline on the daily, I am initiating a long after a break of this channel.
Adding to my short of the nasdaq after another range.
Not quite ripe but almost there.
The next big mover will be gold so pay attention to any signs of a close above or below this formation as the move will be explosive.
Starting a short campaign on lower time frames based off of this pattern on the pair.
I was short last week and closed before the weekend but I am reentering.
A pattern in a pattern in a pattern... Added at multiple point and holding this for a while as we chew through resistances.
I believe we are in a Wickoff accumulation phase on the pair. I am not sure however if we are in a type 1 or 2. Type 1 would suggest another run down to break the previous 2 lows to get the stops out before making a move to the upside. Type 2 would simply make a higher low and form a head and shoulder pattern and break up. We shall see!
I have been looking at a potential set-up on this pair. I am waiting for a reversal and a test of the bottom section of the range and if I see signs of support and reversal I will start pyramiding. I will add again on the break of the current high afterwards and if I see a SOS pattern on the top range. It may fade to nothingness so it is too early to trade but I...
Looks like yen pairs want to do some retracing from last week's epic fall. Taking a jab at cadjpy on the long side and see where it takes me.
As people that wish to have a masternode are accumulating positions until the 20th, I am seeing if I can squeeze in a long and build a position for the long term along the bottom of the descending wedge pattern. I will keep a close eye if and when we reach the top of the wedge as I am not sure if I will liquidate yet. There are a lot of harmonic patterns across...
Resuming my campaign on the long side on oil as we open up the week. We broke out of an important pattern and held above the support so I am adding to my position.
Taking a small long as we have increased volume at the support.
I doubt this is the end of the downtrend, but the chance of a bounce here is high so don't get sucked into selling the low. If we start accumulating at the low however, see you at least at 6k.
We are currently testing a previous resistance made from the previous flag and we are still in a downtrend so this is a shorting opportunity. Use tight stops as there are multiple contradicting patterns at play. For now however, the only thing that is confirmed is the current downtrend. Please note however that a break of the upper blue line could represent a...
The pair recently broke out of it's triangle pattern on the upside. I am therefore looking for long opportunities on smaller time frames and will build a position over time.
Going short the aussie as we break an important support as well as a trendline. Target is 3 for 1.