SkyTrees

SkyTrees Updated 

Serious negative RSI divergence at the resistance after forming a bullish H&S pattern. As part of the retest, I believe that it will fill in the gap as well, before potentially making a climb back up to resistance and beyond. Trade ay your own risks, my posts are just ideas.

SkyTrees Updated 

A H&S pattern has developed following a breakout out of a falling wedge. Target being the distance from the head of the H&S pattern to the base. Slightly over a 2/1 pay-out on this one.

SkyTrees Updated 

Seasonally, April is on average a bullish month for Natural Gas and looks to have set up for a similar outcome this year. It has made a huge double bottom on the daily with a extreme bullish RSI divergence and you can see a similar positive RSI set up on the hourly and the 4 hour chart as presented in my post. My target is modest 3 which would is the most...

SkyTrees Updated 

H&S pattern has emerged at levels needed to fill in the gap. Great return ratio. Small risk.

SkyTrees

Nokia has been slammed over the last 10 years, but they're far from being in the gutter and are working with many leading governments for technology infrastructure . We can see that a head and shoulder pattern has developed and can see some strong bullish RSI divergence. This is for the long game.

SkyTrees Updated 

Silver is yet to confirm it's breakout from the 6 year bullish wedge accumulation after breaking out in 2020. Since then we've seen consolidation in the range between 20 - 30. Short term target of 36 after confirmation using the fib extension, but this, as we all know has the potential to go miles above that. A classic double bottom to wrap it all up I'm sure...

SkyTrees Updated 

Hello all, I've linked my previous VIX set up which paid extremely well and plotted out as expected. Similar set up here and I've become very confident in my magic bowl as a precursor. The charting speaks for itself. All we have to do is sit and wait.

SkyTrees

As you can see Crude is currently positioned on a 4/5 year support level which was first tested in May 2018. As well as that it has reached the breakout point of the descending triangle and has perfectly placed itself on the 0.786 fib retracement level. All of these indicate a bullish reversal in my opinion, however I wouldn't be surprised to see a bounce before...

SkyTrees

Natural Gas has been hammered over the last couple of weeks and It's about time it took a turn to fill in the gaps; beginning with the most recent one yet to be filled. Strong positive RSI divergence on the daily, alongside oversold hourly, weekly and monthly RSI. It's still freezing cold with many winter storms across the USA so I can't see Natural Gas being...

SkyTrees Updated 

As you can see from the images below, all of the bowls are the same size with similar action from the support lines. This time out the VIX has broken out of the fallen wedge and looks to have confirmed it by touching down. These have been quite accurate so far and I believe that we'll reach 34 by next friday. Sounds quite silly, but the bowls are all of the...

SkyTrees

Pretty self explanatory. With the recent bearish wave in Oil and many other commodities, Oil has recovered it's bullish wedge and has began forming what looks like a H&S pattern. Severely oversold and battered on the 4hr, daily and weekly, Oil might just be making a come back. News aren't bullish at all and most traders are in short positions, this for me...

SkyTrees

As you can see Crude Oil as completed it's impulsive correction and has began heading towards breaking out of the patterns drawn which have been accumulating since June. It has also found itself above a resistance level from Oct 21' which looks to be holding like support. It's also just below it's daily 100 EMA which if tackled would help this case. Ultimately...

SkyTrees

A cup and handle formation has emerged in a great fashion. The target of 13.600 was chosen as the distance between the top of the cup to the bottom. Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals. But considering the current climate, from inflation, poor energy plans, Russia etc it...

SkyTrees Updated 

Hi all! This chart is pretty self explanatory and tells a lot of potential stories. As we all know, NATGAS is a beast of it's own and often technicals are embarrassed by NATGAS movements. But considering inflation, whispers of war, absurd weather, perhaps this isn't as crazy as it sounds. Anyhow, I really wanted to put this out there as a lot of technical...

SkyTrees Updated 

Hi guys, my previous natural gas long position has hit, this is a follow up as I believe that this will continue battling up after regaining it's position within the descending triangle. Weather isn't looking any better for majority of the US and storage levels are lower than usual for this time of year. Best of luck!

SkyTrees Updated 

Simple projection. Gold & Platinum with V similar set ups.

SkyTrees Updated 

Similar to the Silver post as precious metals are all in a v similar set up.

SkyTrees Updated 

Pretty self explanatory, TP spot has been identified as the distance from the top of the head of the pattern to the base. Inflation worries might be causing concern that the governments will be increasing interest rates to tackle which would obviously mean that the markets would react negatively. Would only buy on the break of the base with a retest that...