Sometimes I just like to see it backwards :) When it looks super bearish inverted helps build up a core swing long position
Waiting for confirmation. I am def not an expert in Harmonic Patterns so some lines may not be perfect but would love to hear feedback and thoughts.
While not a perfect CH Formation, it does tend to give the shape of continuation pattern, Price projection based on bottom to top measurement and forecasted from top left lip
First target, neckline, will scale profit and hold for breakout/tighten stops
May be completely wrong or early but sizing into Nov20th $112.50 Calls for channel swing. Hedging w/short term Puts..
Took Call position in $VXX on 50% Fib retracement looking for $30 range
Not enough strength today with ES topping inside the top of a channel, thinking NFLX may see 50% Fib lines
Looking for next leg in channel to fill gap and more news surrounding the COVID-19 Drug by Sanofi - With Pumper Trump having holdings here. I see this moving to target www.marketwatch.com
Cleaned up the noise. Used the EMA6 as area. Check out the formation...
If the bottom indicator center line (0) can't hold at support levels. This could be a sitting duck in a pond of viral uncertainty. A strong bear raid could take this down into trend channel.
Tighten Stop Losses. Protect Profits.
Long Term Bullish. Anytime AAPL has been 30% or higher above the 50MA, it has pulled back at least 10% to reset the charts. I believe we are at that point now and we will break down to bottom of C wave 50% fib and trend support channel before next major move up.