RealOne_TheMovement

RealOne_TheMovement

A double top reversal pattern (1st confirmation) has formed at a resistance area and 3rd trendline touch of a rising flag (2nd confirmation). The double top neckline has recently been crossed (3rd confirmation), waiting for a retest (4th 'entry' confirmation) to go short as illustrated. A violation of the top of the reversal pattern invalidates the setup (hence...

RealOne_TheMovement

A falling wedge formed at a strong support zone (1st 'reversal' confirmation). The price crossed the resistance trendline of this wedge (2nd 'bias' confirmation) and a retest is underway (3rd 'entry' confirmation). Looking to enter as illustrated on the chart. A violation of the support zone that the wedge bounced off from invalidates this setup (hence the sl...

RealOne_TheMovement

A flag has formed to complete the right shoulder of the possible inverse H&S pattern. A double bottom and its neckline violation (confirming the pattern) has formed inside this flag. Expecting a retest of this neckline (as indicated) to go long and complete the inverse H&S pattern reversal.

RealOne_TheMovement

Price retraced from a resistance area and formed a possible a bearish flag. All the possible scenarios on how I'll be going looking to go long are illustrated on the chart.

RealOne_TheMovement

It is known that it's more probable for the Double Bottom pattern to reverse the move preceding it. This is true for this upward move as well. Other factors I'm seeing at play here are the support and resistance areas. The price respected a recent resistance area and is now headed towards support (a previously crossed resistance area to turn into support; with the...

RealOne_TheMovement

An inverse H&S formed from a bullish impulse. I'm seeing this as a continuation pattern which will move to the 2370 level marked according to the measured move. A violation of the right shoulder invalidates this move.

RealOne_TheMovement

Following an impulse and consolidation (bearish flag), it's more PROBABLE that the price will continue with the push downward; as seen by the confirmation of the breaking of the flag. We now await a retest of this flag (along with candlestick confirmation), to take to the downside as illustrated. The POSSIBILITY is that the consolidation may continue a little...

RealOne_TheMovement

Support zone (broken impulsively) has turned into resistance, with the creation and violation (breaking of support trendline) of a bearish flag. We now await a retest of this violated trendline to go short until the next significant support zone (as illustrated).

RealOne_TheMovement

Following an impulse towards the downside, a H&S pattern formed (as a continuation pattern), confirmed by a cross and retest of its neckline and a further push down to complete the first price objective. The entire move is not complete however, another continuation pattern seems to be forming. What we will wait for is confirmation by a cross and retest, to take to...

RealOne_TheMovement

The market usually moves in Impulse-Correction-Impulse phases. The chart attached shows the impulse and correction leg having already occured, with the final phase underway. This is where we can look to capitalize. An ascending triangle formed on the support zone, with the price breaking both soon after. What we are waiting for now is a confirmation in the way of...

RealOne_TheMovement Updated 

The price's failure to cross the resistance area, thus forming a double top indicates the likelihood of a sell. We will wait and observe if the support zone is broken, where we will enter upon retest and hold as indicated.

RealOne_TheMovement Updated 

The price pushed up following the inverse Head and Shoulders pattern (see related idea). The resistance zone was recently crossed. Should the price come down to retest it, we will add on to our running trade and hold as illustrated (completing the bullish leg of this uptrend).

RealOne_TheMovement

An inverse Head and Shoulders pattern seems to be forming at the support trendline and zone (these two creating a buy double confirmation). What will confirm this pattern is the break and retest of its neckline which we will then enter and go long as indicated.

RealOne_TheMovement

The price finally broke out of the long-term downtrend's resistance trendline, retested it by forming a small correction and shot up crossing the strong resistance zone. Should the price come down to retest this zone (turning it into support), I will enter as illustrated and hold as per the measured move.

RealOne_TheMovement

Following our entry (see related idea), the price has broken the flag's resistance trendline. We will wait for a retest (as illutrated) and add on to our winner.

RealOne_TheMovement

A flag (i.e. correction) has formed following an impulse. A double bottom then formed at the third touch of the support trendline of this flag (possible signal of price's readiness to break to the upside). Looking to enter upon retest of the neckline and hold as illustrated (measured move).

RealOne_TheMovement Updated 

Following an impulse, the price seems to be consolidating, possibly forming a triangle. The entry will be taken at the third touch of the triangle's support trendline when a confirmation is presented (i.e. reversal pattern forms) and held as illustrated. NB: Take what the market offers (adjust when necessary), never enforce your ideas on it.

RealOne_TheMovement Updated 

At the third resistance trendline touch of the channel, the price created a double top pattern, with the second leg also acting as the Head in the Head and Shoulders pattern. A break and retest of the H&S neckline will confirm the 1st entry. Another entry can be made upon the break of the double top neckline.