Prize_Fighter

Prize_Fighter

Buy the lower line, sell the upper.

Prize_Fighter

Should break dotted line and go hard. See previous posts for FDAX.

Prize_Fighter

Further to my last post, I think we can call this a handle. Should follow the channel up. Long.

Prize_Fighter

Larger ascending wedge (previous post), and now a smaller one ready to break down. Anticipating a move down to approx 1293, perhaps further.

Prize_Fighter

Still expecting a push up to the target at 6486, followed by a move down. A breakout forming now.

Prize_Fighter

Following the rounded top. Waiting for a breakout/down.

Prize_Fighter

Self explanatory. As the range narrows, a handle may form with a breakdown of the lower curved line. Opportunity for a long position.

Prize_Fighter

See Bulkowski for full description of this pattern. The upside breakout (above dotted line) is normally very strong. 12835 target (full 100% extension) lines up with my previous FDAX chart.

Prize_Fighter

Classic 3 rising valleys breakout. Long target 7689 represents 58% of pattern height.

Prize_Fighter

Falling wedge breakout. Target 65% of pattern height. NB. I use curved lines in my patterns and this is unorthodox.

Prize_Fighter

Up first to retest the breakdown point. Then down to 1193. Represents 65% of broadening wedge pattern. NB. I use a lot of curved lines which is not orthodox.

Prize_Fighter

Long target indicated on chart. Represents 45% of flag pole measurement.

Prize_Fighter

The 15 min shows a breadown of a rising wedge. The target (24% of Fib) has been reached and it corresponds to a support zone. Expecting a turn back up to test highs.

Prize_Fighter

15 min shows a broadening wedge pattern into support zone (orange).

Prize_Fighter

The curved line has provided a guide for the upper limits of the downtrend which is now slowing. A upside break of the straight trendline would allow an unimpeded move back up to test the curved line.