moneyflow_trader

moneyflow_trader

2hr chart 4540 as my 1.618 fib from bearish AB=CD extension. Also volume dump set up with a potential retrace back to b leg of bearish bat/cypher

moneyflow_trader

Viewing the 30min chart, I see a bearish AB=CD pattern and a negative wave trend Analysis combined with negative money flow. Setting up a big volume dump. I did add puts

moneyflow_trader

Bullish bat, with key moving avg going through resistance levels. Also ad, and money flow ascending triangle to 77.94

moneyflow_trader

I currently see oil in a unique set up. I'm both bullish and bearish. I'm bearish with a close below 78 and a breakdown to 72 from the bear flag. I believe oil at some time will double bottom with the ad. If we see a pop today with no push north of 80 then I'm say bull trap.. im short via $drip... bullish on CBOE:SPX due to oil, but oil hasnt made it's big...

moneyflow_trader

Added puts on AMEX:DRIP .. 1hr wave trend Analysis is severely oversold. And I see 2 sets of bullish cypher patterns. I'm looking for 76

moneyflow_trader

Imho, price action needs to double bottom alongside the AD which double bottom earlier on smaller time frame with price action which gave us the run up to 78 oil. I'm looking for a min 71.80-72.50 before going long again. I may short some bear oil etfs like drip.. or buy calls on gush, uso, or uco

moneyflow_trader

From box consolidation breakout, to bullish cypher, to ascending triangle to 4560

moneyflow_trader

Previous resistances now flipped to support from ab=CD pattern.. current wave and money flow trend is also oversold

moneyflow_trader

Bullish cypher extending from box consolidation breakout.. bear flag was invalidated at 4531

moneyflow_trader

Looking at this chart. I see consolidation of price action in a controlled manner.. I also see a bull flag, with a solid base and cup handle patter.. looking for box breakout above resistances and test 4600

moneyflow_trader

Self explanatory bull flag breaking to retest 4600

moneyflow_trader

Keeping this simple Daily Oversold, w/desc triangle breakout set up. Bull flag breakout set up with a min retrace target 81.97.. previous resistances of 75.40-76 have been flipped to support.. I do have a position. Not trading or investing advice..

moneyflow_trader Updated 

Looking at the Daily Chart of Gold, I noticed several bullish sentiments.. 1) AD & Stoch RSI both bottom at same level 2) Oversold level w/ a hidden bullish Bat 3) 3x bottom set up, near the retrace of B leg 4) Hidden bullish AB-CD pattern I'm also seeing weakness in the 2x gold bear etf AMEX:DUST I will illustrate all of this in my Technical analysis Not...

moneyflow_trader Updated 

On this particular chart, I wont be trading w/ price action. I'm only using the AD. I have spotted a desc. triangle with the AD/Money Flow to 78.00 via the futures short.. AMEX:DRIP is vehicle I may use to enter the short via call side w/ us equities (depending on the opening NY Previous, I attempted to scalp to the supply zone of $84, cause I saw oil in a...

moneyflow_trader Updated 

Looking at the 1hr chart on oil.. 1) I noticed the bear flag (hasn't completed or broke out to the downside) 2) looking for a bullish scalp to $84-84.10 3) wave trend oversold 4) I'm only long to the apex which i'll wait for confirmation 5) looking for a retest back to the 84 supply zone, which will still keep price action inside the bear flag. at that point i'll...

moneyflow_trader Updated 

price action ran up to the 1.618 fib level on my 15min chart. Stoch RSI showing overbought and double top wave trend showing bearish ab-cd pattern looking for min retrace back to B leg bought some long dated puts on this morning pop.. looking for minimum retrace back to 425 bulls need to close over 428 imho not trading or investing advice. cheers and enjoy the weekend

02:03

moneyflow_trader Updated 

2 bear flags spotted both by the AD and Price action. The price action (bear flag) has an apex forming near the close/power hour tomorrow. Im looking for a breakout of the price action and a retest of last Wednesday low $421.55 Of course futures trading could invalidate this pattern, will know more by the open. No longs overnight and no puts overnight. If the...

11:33

moneyflow_trader Updated 

Hello Traders, In this video I point out the bullish cup and handle pattern that is currently forming on NASDAQ:META 4hr chart. I also showed the Elliot Wave pattern . I'm bullish on Meta for the following reasons 1) Oversold RSI 2) Bullish C Wave (upward) 3) Handle that has formed .5 fib level 4) The Bearish ABCD pattern sold off to the .5 fib level, and I'm...