Smart_Money_Trader

Smart_Money_Trader

Observation

Smart_Money_Trader Updated 

Bullish shark identified

Smart_Money_Trader Updated 

Price is at the neckline. a break to the upside will expose 152.908 where the 141% BC projection of pattern AB-CD completes, alternatively price may reverse back down to the region of 143.224.. my observation of this situation is that the break won't happen seeing that a lot of pairs in the market have weakening momentum this week. i'm going short 1st but i do...

Smart_Money_Trader Updated 

The bigger play may see price going further down

Smart_Money_Trader Updated 

Reciprocal AB eq CD pattern completes at the 70.7% retracement level, if pattern fails and breaks out the channel i'll be looking to trade the breakout.

Smart_Money_Trader Updated 

Bullish cypher pattern emerging, hopefully may retest the descending trend line that extends all the way back to 2008

Smart_Money_Trader Updated 

Bullish Gartely completed

Smart_Money_Trader Updated 

AB=CD pattern complete, multiple points of entry also drawn in for scaling in opportunities.

Smart_Money_Trader

Bearish gartley

Smart_Money_Trader Updated 

Bullish Butterfly occurred but i picked up quite late because it was on a lower time frame, the trade is still good enough to take but i'm just concerned about the 2 AB=CD patterns that may drive price lower before going up

Smart_Money_Trader Updated 

AB=CD projection completes at the indicated level

Smart_Money_Trader Updated 

Price broke out the 2 month old range.

Smart_Money_Trader Updated 

This pair has a very interesting construct with a lot of things hanging on the balance technically speaking; Price has broken out of the range once more but could very well be in the upward channel still, depending on how you draw your trend line, I'm personally deciding to wait for the break and retest of the range's neck line from the other side of the red...

Smart_Money_Trader Updated 

a Bearish gartely is forming and coincides with a 1.618 B-C projection marked by the red arrows.

Smart_Money_Trader Updated 

Price failed to calve out a higher high and the channel structure by design, is a bearish flag. the 1st entry point should be around the dotted line but it'll probably be better to wait for price to break and wait for the retest of the broken trendline.

Smart_Money_Trader Updated 

Beginning of a head and shoulders

Smart_Money_Trader Updated 

1.13 BC projection complete on the retest of the channel.

Smart_Money_Trader Updated 

AB=CD pattern (1.618 projection) completed on the support trendline that stretches from Dec 2015.