| F | (Code-Name_Virtue) Price is forming a Falling Wedge on the breakout of an upward moving channel. Currently it is trading between two historical support and resistance lines. There is 23 cents of volatility left in the Falling Wedge which suggests that price will be breaking out within the next two trading sessions. The first target is set at the .236% line...
| BAC | (Code-Name_Virtue) This is an update for the idea released on 8.10.17 | Price had diverged from the original Falling Wedge formation on 8.10 and reformed a new Falling Wedge right above the cloud. Most of the analysis from 8.10 still applies: Price is still trading in a very strong support zone with a lot of very strong pivot points that has historically...
| P | (Code-Name_Virtue) Excuse me Folks I am running low on time tonight, I will Update this Chart and the Analysis by the end of 8.14.17 | Thank's Again. (Keymaker) To be announced on 8.14.17.
| P | (Code-Name_Virtue) Price has started to breakout of the Falling Wedge Chart pattern today and has traded to Target 1. Although Target 1 has been hit price is still trading between two very historical support and resistance lines, price needs to close above this resistance line and hit target 2 to confirm that it is breaking out. The next confirmation is a...
EURUSD | 15 minute chart | Price is breaking out of a Multi-Bottom chart pattern trading inside of a downward moving Fibonacci Channel. A XABCD Bat Pattern is also forming on the breakout and is being used to place the first target at the top of D, about 30 pips from where price is trading right now. Currently price is breaking out of the pull back to the neckline...
| USDCAD | (Code-Name_Virtue) Price has just bounced off the primary trend line in the formation of a V-Bottom chart pattern. It is currently rallying in an upward moving channel at resistance of the initial bearish Fibonacci Fan Line. Once price breaks through this key resistance point it has a target to rally towards at the .382% line drawn from the Fibonacci...
| AUDUSD | (Code-Name_Virtue) Price is trading on a primary bullish uptrend. Currently it is trading the closest to the Primary trend than it has in the past year or more. Within this consolidation price has conformed to a Fibonacci Channel and currently is in the process of breaking out of it's previous range. An overall target is set at $0.81131 which is the...
| AMZN | (Code-Name_Virtue) Amazon has been trading on a Bullish Primary Trend all year long. Price is on a Bearish Secondary Retracement back to the Primary Trend which has taken shape as a Downward Moving Channel. Currently within the Downward Moving Channel is a Falling Wedge chart pattern pending a Bullish breakout with an overall target at the range of the...
| FCAU | (Code-Name_Virtue) Price has formed a Downward Moving Channel on the breakout of a Double Top chart pattern. The neckline on the double top has just broken and price is now trading at support of the downward moving channel suggesting that it's first move of the week is a rally back towards the range to form the pull back on the double top. The first...
| BTCUSD | Bitstamp | (Code-Name_Virtue) Price has made an all time high and is trading at the 3% line on the Fibonacci Channel. It has also formed a Rising Wedge on the rally suggesting strong selling pressure and a bearish breakout in the next two trading sessions. The first target of the retracement is the .236% line and the next targets are the following...
JCP | Overview: JCP has been diverging bullish for months (in yellow), the first chance it had to correct was in Q1, and the corrective move failed into a continuation. Going into Q2 I don't think JCP is going to correct into a bullish trend but will correct into a long sideways moving channel, which price is trading in right now. Price is now trading near the...