Head and Shoulders is forming in the QQQ / Nasdaq. Targets could be earlier Vpoc / or earlier Value Area Low. Entry could be below the big bear bar (more risky, because a bit early in an uptrend) or at the breaking of the neckline. Stop above the right shoulder.
High Volume and buy climax could indicate a trading opportunity with very good R/R ratio. Entry below last days low. First Target would be previous high. Second target could be as far away as return to the last day´s value area. should price move first above the last day´s high the trade is not valid.
We have had a strong move up with good volume. Probably it will test the previous Value Area. If the price pulls back enough before that target is hit, there will be a good opportunity for entry with R/R of 1 or better.
There hasn´t been a proper Gap Fill for the last couple of days in the Dow / DJI . A 2:1 risk ratio while betting on at least a gap fill today could be a worthwhile trade. Be careful though: it´s counter trend. DJI
If the smaller Gartley pattern completes in the EUR/ , it will do so at around the same price where the bigger 5.0 pattern has already completed at 2017-06-19 . There should be the chance for a 3:1 R/R ratio trade.
There is a Gartley pattern (orange) in the DAX EUREX:DY1! / OANDA:DE30EUR but there is also a Shark pattern (blue) approaching. If the price comes back to the Gartley entry there will be a possibility to trade either one of them or both.
The second and third targets of the last trade have not been hit yet. This trade could be seen as another entry in that last trade (see link) as well (with larger targets) or this trade´s stop can be used as stop for the remaining portion of the last trade. Many different possibilities to choose from...