DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, CAESARS ENTERTAINMENT CORPORATION - COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
We have a beautiful bearish bat on GJ with many points of additional confluences. In my system, this would be a high probability pattern, however, you should always test your strategies before you trade them!
GJ has failed to break and hold above the previous lower high of the down trend. Technically, we are still in a bearish long term trend on the longer term. ...
Messy bullish cypher + RSI oversold on 4h and 8h
Double bearish cyphers
PRZ in red box region including ratio confluence and major structure resistance
RSI overbought and diverging; stochastic is pointing south and overbought on the bollinger band as well (4h)
We have had a harmonic completion on the lower time frame and P.A is now dancing w/ the 21 DMA, which is acting as dynamic resistance
Big bearish Gartley on the SPX500... double top confluence and RSI divergence for additional support
Good morning traders,
We have two potential harmonic patterns forming. On the sell side, we have an 'alternative' bearish cypher (indicated with the red dotted sell line). On the buy side, we have a bullish Gartley (indicated with the green dotted buy line). The market cannot consolidate forever so we can expect either of these orders to be filled at some point ...
GA has completed a head and shoulders on the daily and for me to be involved in this trade I am looking for a retracement into the PRZ, which I believe to be a high probability reversal area if price action tests this zone. If completed, I will be expecting a harmonic move to the downsize to my target area in green. This is not a traditional head ...
Bearish bat forming at the key weekly level. This bat, if formed, would be a rejection of the weekly area. If this pattern fails the next level to take the pair short would be at the well respected downtrend line indicated in the second chart at which point a trade would be executed upon confirmation only (where I would be in search of additional confluences)
Potential bearish bat + RSI divergence + weekly supply area
There were also multiple rejections of this area as outlined in the notes on the chart, which I believe adds credibility to the trading idea
Good luck traders!
P.A is testing a weekly demand area above a key support level. The pattern has completed w/ RSI divergence and an engulfing candlestick formation on the daily which has been confirmed (taking bit of a conservative entry with this one) as the trade was executed after the 4h M.A's crossed to the upside. The expected rally would also be supported by the recent ...
UJ has a bat bearish bat pattern. A counter trend trade opportunity has been presented to us traders, which I believe P.A. will come back to test the breakout of the trendline that was breached with the last 4h candlestick.
Bearish Gartley formation at 4h structure level + divergence. However, medium term bias is bullish
I am waiting for an upside retracement into the box zone before the downside trend continues to the dotted line area (which I believe to be a high probability reversal zone - potential bullish cypher). I will be waiting for a L3LC on the 1-4 hourly charts depending on how action unfolds, since the box region is in a consolidation zone. ...
Gartley and a cypher forming at the same time. Major harmony alert
I had entered short on UJ upon completion of a 2618 pattern. To my surprise, the pair completed a bearish bat formation w/ divergence. A lot of confluence on the pair and massive downside if the bankers bring it down below the recently respected trend line. Fundamentally, we need to wait for economic data to filter into the market tomorrow before any real moves occur.
There is a large cypher pattern formation that is nearly completed at a support area. T1 and T2 are shown on the chart. There is also bullish divergence on the 4h. Do your own due diligence.
A great long opportunity has been presented as there is a bullish downward wedge formation on the AUDJPY at a key level. In this formation is bullish RSI divergence as well as bullish momentum has been confirmed on the daily. There is potentially a bearish Gartley forming on the 4h. However, in my opinion the daily formation outweighs the Gartley. Fundamentally, ...
Expecting a double top formation on the daily w/ a pull back into the 382 fib zone w/ weekly support confluence.