lukaszkunatrader

lukaszkunatrader Updated 

As can be seen in the chart the triangle has already been broken out of. Expect the price to now retest the previous support, and if rejected, drop down to the next support. The target price is at the support that has held up for almost the past 2 weeks.

lukaszkunatrader

We see a bullish Gartley about to enter the price reversal zone. SRSI is also floored here, so plenty of positive indications this thing can fly right off of PRZ.

lukaszkunatrader Updated 

Bullish crossing of the EMA 50 and EMA 200 inside of the right triangle. Upwards breakout with a retest of the previous support. Also a bullish divergence on the SRSI. Target here is the previous local high where the triangle starts. Stop loss is at the base of the right triangle.

lukaszkunatrader Updated 

Currently the price is oscillating between a descending resistance and bottom support that consists of the EMA 50 and Historical Support/Resistance. Pending the downward breakout there could be a bounce off the EMA200 and a retest of the EMA50/Historical Level before a drop to the blue historical level. There is a slight possibility of an upward breakout, but it...

lukaszkunatrader Updated 

See the chart for the breakdown of the triangles. They would play very nicely into each other. Will be updated, with targets if breakouts occur.

lukaszkunatrader Updated 

On the 1 HR candlesticks we see a double top forming at a point that can be considered the B point of a larger Gartley forming on the 1D candlesticks. Would be nice to see this confluence result in a quick short in anticipation of the larger Gartley pattern. Also note bearish divergence on the daily, along with some possible bearish divergence on the 1HR as well...

lukaszkunatrader Updated 

As can be seen the price recently broke out downwards out of a broadening wedge. The price has retested the previous support, and if it will hold as a resistance, this will make for a nice short. Also note the bearish cross of the EMA 50 and EMA 200. Stop loss is set to around where the EMA lines are, and target price based on previous support level.