glak

glak

Clear flag formation forming on four hourly and daily. Expect price to bounce around in this area before buy commences. Currently a buy to reach top of the flag. Currently I have two take prices - one at top of flag and one at 1.33000 area

glak

This pair looks to be starting to make a triple bottom. Double bottom is complete with previous trade visible on chart. Looks as though buyers have lost momentum and the bears are coming in.

glak

Simple chart analysis for this one - Has reached prior resistance area - Respecting trendline as showing on the chart - Buying momentum is slowing down and the bears are starting to come in - Reversal candlesticks present on the hourly chart - Stochastic is over bought I’m entering a sell for this pair

glak

Very simple analysis - Respecting trend line in a channel. It’s touched the top as shown. - Current level is a resistance point previously. - Stoch shows the pair is overbought. Likely sell. Determine perfect entry on the smaller time frames

glak

This is a NICE set-up. This weekly chart shows price staying and respecting the trend lines in the channel. The stoch is over bought which also indicates to sell. In terms of Elliot waves it is fitting this format too for a sell. Make note of two previous resistance lines I’ve marked on the chart. I feel price will fall to somewhere around this area. This is...

glak Updated 

This pair has been moving in a mostly sideways channel for a while now with no clear direction. Currently it has broken above long standing trend line and two support lines. At this stage I think price will move back down around 0.75500 and re-touch trend line. The stock has also been over bought for a while. After this it is possible it could start a new...

glak Updated 

Price has broken below the lower trend line of the channel. Price could drop to around the 0.9850 area. This area has acted for a previous support in the past as seen on the chart. I think it could make more downside to 0.9700 area but I will review the chart as it approaches support line and reanalyse.

glak Updated 

Head and shoulders pattern almost completed on the daily chart. Price has broken below the blue channel on the four hourly chart. Wait for daily candle to close below purple daily trend line to confirm sell. Price should then retouch purple trend line before heading down. Price expected to drop to around the 1.457 area in 2-3 weeks

glak Updated 

Possible triple top pattern forming. Double top already visible and has just bounced off the neckline. Is respecting the current trend line. Confirmation buy candles on the smaller time frame charts. Stoch on the daily charts shows it is over bought. Expecting price to reach around the 15.29000 area in 3-4 weeks.

glak

Triple bottom pattern complete. Price has broken above trendline. Stoch is over bought, so wait for price to make some downside, retouch neck line (purple horizontal line) and then enter the buy. At least 150 pips 2-3 week completion

glak

Price has been making downside but is losing momentum. It is still currently moving within a channel. It could still possibly touch the bottom of the channel however having lost momentum and the stoch over bought, I feel it will start making upside now. There is a teacup pattern also identifiable however could make more upside to complete the pattern -...

glak

This occurred a few months back. Very simple and textbook perfect teacup/cup and handle pattern. Around 15,000 pips and some serious profits for those who spotted this and entered this incredible trade.

glak Updated 

- Head and shoulders completing on the four hourly chart - Broken above the channel on the hourly and has currently retouched - Teacup pattern evident on the hourly signalling buy opportunity - Stoch shows the pair is oversold - Prior support, now turned resistance (yellow horizontal line) SUGGESTED TRADE ENTRY 1.0720 area or 1.0790 (completed head and shoulders...

glak Updated 

Ideal entry would have been at the completion of the head and shoulders pattern. Price will make some downside before continuing to buy - stoch is overbought on multiple time frames. Previous resistance level at 0.64450 which is inline with profits from head and shoulders pattern. SUGGESTED TRADE ENTRY 0.63800 TP 0.64350