2618 SPX short setupshort sell at spx 2984, target 1 support (2748) and target 2 (2585). Stops (3130).
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2618pattern
27700 then down for the DOWI know I posted a long trade on the down earlier at 25000 and that trade is all and good... but I wantd to show you what the sellers are also looking at ……
my thoughts... 22,000 is in the cards my friends
your thoughts?
educational use only
EURGBP 2618 trade EURGBP 2618 trade
around 0.90318 will be a good area to short
SL : 0.9053
TP : Follow arrow
Smaller 2816All trade conditions are met: double bottom, RSI divergence, 61.8% retracement was not hit between 5-9am central time. Targets are at high of the extension beyond the double bottom, and the 127.7% extension. Stop currently 10 pips below the double bottom, will be rolled to 5 pips past entry if 1st target is hit.
EURUSD 2618 Demo TradeDemo trade. Fits all of my entry rules: RSI divergence, double bottom, 61.8 retracement of the extension past the double bottom.
AUDCAD - BUY 2618 setupAfter a confirmed double bottom, the price retraced back to fib 61.8 price level, a doji candlestick with a few long wick candlesticks, it is safer to confirm the stop-loss to be in this level now minus some pips. The trade setup can provide 2:1 R:R for the first target and in the daily chart it can be extended to 0.954 price level which can be trailed using 4H TF.
2618 into a Bat patternOn the GBPCHF hourly we had a 2618 trade set up hitting profit target, this move was also the D leg completion of a Bat pattern. Conservative traders can get a second chance to enter the Bat pattern IF we can get a second retest of the 88.6% entry level.
USDJPY 2 Tea Cups & Possible Double TopUSDJPY 2 Tea Cups & Possible Double Top
I'm active in the teacups if it closes above resistance I'll be closing these trades out. I'll take the 618 retracement as well if it doesn't though.
Moving Averages are a good distance apart as well.
E1: 111.48
E2: 111.598
SL: 30
TP: currently 50
if resistance holds and it goes down to the 618 as stated above I'll be adjusting TPs to at least the 0% fib.
2618 Buy Setup On Higher TimeframesEURUSD pulled back to 61.80% retracement level and is building support around here. There's was some 16% extension beyond the previous low and currently the parallel median line of this inside set is zoomed, which shows some underlying strength of this pair at this level. It makes sense to accumulate long positions with stops below the current low for longterm holding . A pre mortem approach is necessary as there is always a 40% chance of any trade setup turning bad. The first sign of lower prices would be the current low being taken out . For now, the setup looks plausible.
Possible 2618 Trade on CADJPYLooking for possible bearish 2618 trade on CADJPY. We had a double top and broke structure. Waiting for pullback into .618 retracement to get short.
