hankchef

hankchef Updated 

A retest on the neckline which was broken and left a pin bar.

hankchef Updated 

looking for breaking the previous swing high resistance, and retest 83, the ndown to 79

hankchef Updated 

Bounced off 786 support and now retesting the previous swing high at 6.64, may retrace back to try 618, potential chance to go long.

hankchef Updated 

possibly break the range and rally

hankchef

watch the 618 retrace level, when it bounces back to there, price drags down.

hankchef Updated 

TP1: 618.76 TP2: 586.73 TP3: 554.69

hankchef Updated 

BABA retrace from 78.6% Resistance

hankchef

Follow the red arrow, in a .618 down channel. Price should go up and touch the channel then continue down. Also, RSI divergence confirms the down trend

hankchef

Any retrace to 107.484 breakout level is a buy.. it will bounce from there and continue rallying.. Also DXY is continue up for the last few days...

hankchef Updated 

Short Entry: 45.51 SL: 46.25 TP1: 44.78 TP2: 44.05

hankchef Updated 

Entry: around 1292 to 1296. SL: new swing high, > 1303.62 TP1: 1286.17 TP2: 1278.25

hankchef Updated 

The price move up from from Potential Reversal Zone of the bat pattern immediately, but broke down to retest X. If it holds, we can look to long around 2044, for a potential reversal to 2086, note there are resistance at each level and swing highs and lows. Idea based on @TNTSUNRISE's view

hankchef

1. AUDUSD Bearish Gartley Pattern, short order @0.77177, SL above X @ 0.77650, TP 0.76126 2. SP500 Touching .618 resistance of the recent down trend 3. Oil Support @ 44.40May be a retest of 45.50, then continue down. 4. Gold More confident now than Apr 29 - bearish, the shooting star and the 1.618 resistance on 4h daily chart are shouting short. Aim@1270

hankchef Updated 

1. SP500 - short Three Drives Pattern: 79% pull back pattern: 2. USOIL - short 79% pull-back pattern(possible): Head&Shoulder: 3. Gold - Short Resistances up head: Crab pattern - Bearish

hankchef Updated 

1. S&P500 SP500 reached lower to the Dec. 2015 support in the morning and hold above it before and after FOMC.Closed at 2095.1 which is under the recent swing high resistance. This pattern looks not like not a strong reversal. But by penetrating the .618 level of the last down trend of wave a-b-c, .786 (2013) is next target. Looking for a short entry @ 2013 if...

hankchef Updated 

Forming wedges until FOMC at 14:00 ET. On most FOMC days SP500 went up and close near the high distal of the candle, occasionally FOMC cause reversals, but the up potential is dominating in the last 5 FOMCs. So it may be safer to scalp a long trade than short. If this FOMC causes a reversal, then the downside will be huge.

hankchef

Entry: 45.66 SL: 52.58 TP: 38.4 Not for trading purpose, just note the probable .786 level retrace here.

hankchef

Monday's trading plan: 1. First short @ 2086 to 2088 ES, stop loss 2090ES or SPcash 15min candle closed above Resistance Area. TP1 2066 cash. TP2 2036 cash. 2. If first short stopped out, look for a long scalp to 2098.8 to 2113.8 cash, stop loss 2085 or under Resistance Area. 3. If 2110 touched again and not able to break, short @ 2110ES, stop loss new...