watchme3

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50 % forex 50 % other
Top Mentioned Symbols
NZDUSD 50% | 2 UKOIL 25% | 1 UK 25% | 1
watchme3 watchme3 UKOIL, 15, Short ,
UKOIL: If Oil on monday continue to drop the target would be around 44!
86 1 3
UKOIL, 15 Short
If Oil on monday continue to drop the target would be around 44!

As you can see in the chart the currently active SHS is suggesting a target of 44, however we could also get another zig zaw first before getting to the target. See also Ichimoku_Trader's post. The thin pink line is a line I drawn two weeks ago, so I'm not spot on, however pretty close ;)

watchme3 watchme3 NZDUSD, 60,
NZDUSD: NZUSD seems to approach a subtop. Waiting to go short for 2 days
46 0 3
NZDUSD, 60
NZUSD seems to approach a subtop. Waiting to go short for 2 days

Inversely of my thinking in my previous post about the NZUSD, I'm now thinking that the NZUSD is continuing its journey to higher prices on the long term. The break trough the neckline on 0.70800 did not happen and from there it is now above its previous top (72983). The iSHS target(3) from the previous wave is 73352, and negative diversion on the RSI is clearly ...

watchme3 watchme3 NZDUSD, 15,
NZDUSD: NZDUSD shows a large SHS (240TF). waiting for a nice short entry
74 2 1
NZDUSD, 15
NZDUSD shows a large SHS (240TF). waiting for a nice short entry

I'm a SHS player as you can see. Eleborating on Ichimoku_Trader post I see these possibilities.

watchme3 watchme3 UK100, 240,
UK100: Showing the capabilities of what I call Fractals (SHS and iSHS)
38 1 0
UK100, 240
Showing the capabilities of what I call Fractals (SHS and iSHS)

We all know how to calculate a possible target when a a SHS or iSHS appears with a horizontal neckline mirroring the top-neckline distance. What is less known however, is the fact that sloped necklines can also be very supporting. In that case you take the point of the bar connected to the neckline with the greatest distance to the Head. In my example you cannnot ...

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