Maybe Gartley will play out. Trade idea: - micro entry at 0.786 Fib level - mini entry at 0.886 Fib level - stop loss above X - target 1 at 0.382 of CD - target 2 at 0.5 of CD (and will see how it will behave here) Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
RVN performed Bat pattern, maybe it is not too late and it will visit 636 again ... Let's see if it will happen and set up a trade like charted. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Last time ABCD pattern was successful, let's see if H&S will play out, too. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Last idea was successful and made some profits. Let's try to exploit ZRX movement again. ZRX did it already two times in the past and is kind of forming ascending broadening wedge. In the last four days it formed also triple bottom and is currently above all MAs on 4H timeframe, riding nice above 200 MA. Idea is based on assumption that it will retrace once...
Last time I set up too tight stop loss, let's try another time. Idea is to enter at the bottom of uptrend channel, which is also level of several last bottoms and 100 MA level. Stop loss bellow 200 MA, targets at previous high, 0.618 of last drop from way back (I'm not too confident on this one) and channel top. Disclaimer: this idea is solely for my own...
I really hope this won't be the case, but let's try to gain some profit in case this scenario will be played. If 90 level will get broken, I'll enter short just bellow it, aiming for final target at cross section of lower wedge line and support/resistance from long ago at 61.60 (also could be nice spot for point E :) with some profit taking on the way at...
I'll set up two trades here and with some alarms, because when the first order will be filled in, I'll check if the second one should be canceled (whichever side it will decide to go). Currently EOS is struggling around 0.618 Fib level of last rise, forming triangle pattern. There's no much volume, but when it'll decide to go either way, I'll try to ride it....
A quick paper trade, really just for ego :) Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Last time I stepped out of trade with stop loss reached (see linked idea). If STRAT will do similar manoeuvre like in mid August to mid September timeframe, it could visit support, which also corresponds to 0.886 Fib level and some previous lows. My area of interest is between 0.786 and 0.886 Fib levels, but for this, 0.618 level will have to get broken...
Could be an ABCD pattern. Let's exploit it! Entry just above previous lows, stop loss bellow point A, target at D. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Could become Cup & Handle pattern, let's check it out. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
This could be potential Butterfly pattern. If so, I'm willing to risk some DASH in this trade. If Butterfly pattern was finished, level of previous three lows would be nice entry point. Stop loss for this entry is bellow 1.272 of XA. Other possibility is that DASH will finally break out over 0.024 (this time for real) and continue north. For this entry stop loss...
LSK reached 1.272 Fib level of AB and dropped to 0.618 Fib level of rise from C to latest high, which also corresponds to support trend line through A and C. Not much to hang on, but I will set up a small amount trade like charted and try to squeeze some more out of it. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Could this turn out as bullish Bat pattern on short term? If 356 will get broken, it will be on the right way. Point D (my entry) is still in question, but should be somewhere around drawn levels. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I don't mind butterflies in nature, but in TA they look really nasty to me. There are a lot of preconditions to be fulfilled if this is to become butterfly pattern, but as we can see from yellow marked area, that this can happen in matter of one 4H candle. First, LTC should't rise above point C. Secondly, both supports marked red will have to get broken, together...
Seems legit, let's try to exploit it. Entry on pullback at 0.618 Fib level of last rise with somehow big stop loss, which can be adjusted, if things will go by plan. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;) Edit: I moved position 3 candles to the left, didn't pay attention before I published the idea.
Based on bigger picture (bellow), I'll go with 5% risk with trade as charted - entry an long term resistance, stop loss bellow previous low, target 1 at 0.382 Fib retracement level and final target at 0.618 Fib retracement level of last drop. If things will be OK, I'll leave part of trade for longer run. Disclaimer: this idea is solely for my own purposes, to...
With some imagination I can draw EW for last BAT rise and possible Butterfly pattern for correction. BAT is currently moving in triangle around 0.381 Fib level of XA. If this triangle will get broken to downside, it could reach 0.618 Fib level of the whole rise from 1 to 5, which corresponds also with Butterfly point D and could be nice entry level. Some...