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Chrisschultheis

CAD/CHF - Bearish 5-0Hello, Traders! I hope everyone is having a great weekend! I'm VERY excited to share and keep an eye on this set up with you guys. Today, we are looking at a bearish 5-0 pattern on the 4H chart with the CAD/CHF. Price seems to have started to reverse between 1.13-1.618 at B point. Lets look for price to break the current trend when the markets open back up to continue its way to C point. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Short
by cdschultheis15
AUD/USD - Harmonics Meet Technical StructureHello, Traders! Today, we have tremendous confluence on the 1D AUD/USD chart with a Bullish Crab and Reverse Head and Shoulders pattern . As price is making its way down to touch the neckline of the Head & Shoulders pattern, a Bullish Crab pattern is shown with D point right at the same reversal zone, while meeting a historically strong rising trendline. Risk:Reward - 1:3 The measurements for a valid crab pattern are detailed below. B: 0.382 - 0.618 C: 0.382 - 0.886 D: 2.618 - 3.618 Final X to D: 1.618
Long
by cdschultheis15
1
USD/CAD - Harmonic Confluence + TrendlinesTraders! Hope everyone has had a great and profitable week! The markets just keep getting better and BETTER! Today, we have MAJOR confluence. I couldn't ask for more....well, maybe I could... Here we have the USD/CAD on the 1D chart with a bullish AB=CD and bearish 5-0. The trendlines add additional confirmation, given the strength of each reversal. What we can really take away from this set up is not just where price will reverse, but adding the trendlines, we can predict WHEN. As always, I highly recommend account management on all trades. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 The measurements for a valid AB=CD pattern are detailed below. C: 0.618 - 0.786 D: 1.272 - 1.618
Short
by cdschultheis15
XAU/USD - Harmonic ConfluenceHello, Traders! Today, we have GREAT structure forming on GOLD! Here, we have a bullish shark and a bearish 5-0 pattern. I personally, LOVE these set ups... GOLDEN RATIO X2! Price has temporarily retraced at a support & resistance zone, which is also X point, but the down trend continues. With these types of set up, we ALWAYS look for the DOUBLE PLAY: 1. BUY the Shark 2. CLOSE at the 50% retracement 3. SELL the 5-0 SUPER excited to share this one with you guys and to watch this structure develop with you all. PLEASE set your stop loss appropriately, paired with proper account management. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 Risk:Reward - The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
OANDA:XAUUSD
by cdschultheis15
1
BTC/USD - HISTORY REPEATS ITSELF - THE BIG PICTUREHello, traders! Today, we are looking at Bitcoin. Everyones has one similar question on the brain: WHEN WILL BITCOIN CRASH!? After analyzing the big correction for bitcoin in 2014, while keeping the parabolic curve in mind, price has made a huge correction at 4.618 when using the Fibonacci Retracement tool. This first measurement starts at tip of the wick in the peak of the parabolic curve and ends at the bottom wick at the lowest point of the correction. The corrections in the past have retraced to the 0.886, measured from the bottom of the parabolic curve to the tip of the new parabolic curve (further predicted from the 4.618 measurement). If history is the repeat itself, by the end of the year Bitcoin will be due for the MAJOR correction peaking at the price level of $4700 USD.
BITSTAMP:BTCUSD
by cdschultheis15
USD/CAD - Bullish CypherGood morning everyone! I'm super excited about todays set up! Here we have a bullish cypher on the 1D chart with USD/CAD. So much news on the USD came out yesterday, I decided to sit on this one until today. Low and behold, I woke up and it has hit D point! We can look to place a long position on this pattern with a take profit set to 1.3530 REMEMBER: Set your stop loss accordingly. Risk/Reward Ration - 1:2 The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786
Long
by cdschultheis15
AUD/JPY - Bearish BatHello, traders! Here in Scotland with @LewisGlasgow and @ KyleMcquade! We are having a great time building bonds, growing and learning with the Six Figure Capital team! Today, we have spotted a bearish bat on the 4H chart with AUD/JPY. Once price hits D point (87.140), we can look to enter out position and sell it down to 83.750. The take profit level shows confluence in respect to the support line I have shown just below the pattern. Risk/Reward Ratio - 1:3 The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886
Short
by cdschultheis15
NZD/USD - Bullish 5-0 + GOLDEN RATIO X3Hello traders! I am SUPER excited about this set up. I have been keeping an eye on this since markets opened this week. We are looking at a bullish 5-0 on the 4H chart with NZD/USD. Given the Fibonacci measurements at C point, it has been measured to the GOLDEN RATIO not only once...not twice...but THREE TIMES! I usually never trade this pattern down unless the first 4 measurements of a 5-0 match a shark pattern, but you cant ignore confirmation like this. I'll be trading this pattern down until it hit D point (0.7010), closing profit and following it up with a long position back up to (0.7200). The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Long
by cdschultheis15
2
NZD/USD - Bearish Shark + Bullish 5-0 + CONFLUENCE + DOUBLE PLAYMAJOR CONFLUENCE HERE TRADERS! I am super excited about this set up! Today, we have a bearish shark and a bullish 5-0 on the 4H chart with NZD/USD. Sharks and 5-0s compliment each other, given the similar Fibonacci measurements. The bearish shark is already completed and running in profit. We can look to sell this one down to the 50% retracement to about the 0.6900 level. That will then complete the D point on the bullish 5-0. We can close out our short position and open a buy order. REMEMBER: Set your STOP LOSS accordingly. DO NOT risk more than 1-2% of your account. Set up like this are HUGE on growing your account and profiting on both ends. Risk/Reward Ratio - 1:4 The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 Risk/Reward Ratio - 1:3.55 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
by cdschultheis15
1
EUR/USD - Bearish Bat - 500+ PIPS!!Hello, traders! Today, we are looking at a bearish bat on the 1D chart with EUR/USD. Price made its way to D point last week and has been stalling for a few days. With the market opening back up just barely in profit, this trade is looking good to enter! For fundamental confluence, today being a holiday (Memorial Day), we should see the USD gain strength. Risk/Reward Ratio - 1:4 The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886
Short
by cdschultheis15
1
USD/CHF - Bullish Gartley + Trend ChannelHappy Memorial Day from here in the USA, traders! Great set up to open up the week! Here, we are looking at a bullish gartley on the 4h chart with USD/CHF. Price has been spending the last few days stalling at D point, which is also at the bottom of the current trend channel. For fundamental confluence, the USD should be gaining strength today since it is Memorial Day. People love to celebrate and spend their money. Time to place your trade and set you stop loss accordingly! The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786
Long
by cdschultheis15
STR/BTC - Cryptocurrency Space Race To MoonStellar Lumen is a rocket for good reason...It's on it way to the moon. Price is now bursting through the triangle, and heading for the the final price levels before the major explosion. It may flirt in the channel between 0.00003380 and .00002880 before making it big LAUNCH. We are in the midst of a cryptocurrency BOOM! With the radioactivity and uncertainty that Ripple has created from its explosion in price, people are looking to take there profits and reinvest. Where else better to invest than its competitor?
SLong
by cdschultheis15
5
NZD/CAD - Bullish 5-0 + GOLDEN RATIO x2 + 50% RETRACEMENT X2Hello, traders! This set up is looking too good to pass! Here we have a bullish 5-0 on the 4H chart with NZD/CAD. Absolutely nothing but GOLDEN RATIOS & 50% RETRACEMENTS. With price making its way up to C point (0.96176),we will look for price to reverse and make it way down to D point (0.93955) and completing the pattern. It should be noted that C point (0.96176) is a strong support/resistance zone in the market. Risk/Reward Ratio - 1:3.5 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Long
by cdschultheis15
2
NZD/CHF - Bearish 5-0Hello, everyone! I hope everyone week is going well. Today, we are looking at a bearish 5-0 on the 1D chart with the NZD/CHF. Price is making its way down to C point measuring in at 1.618, which is also a very strong support and resistance zone for this pair. With price reversing at C point, we can look to place a position at the 0.50 retracement coming in around 0.7024 Risk/Reward Ratio - 1:3 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Short
by cdschultheis15
CAD/CHF - Bearish 5-0Hello, traders! I hope everyone had a great weekend. I am PUMPED for the week ahead! Here, we have a bearish 5-0 pattern on the 4h chart with the CAD/CHF. The Canadian Dollar is looking bullish on all charts this week. With price beginning to reverse at the C point, which is a strong support/resistance zone, we can look for price to make its way up to D point. The level in the market we are looking for a reversal in price is 0.7424 Risk/Reward Ratio - 1:3 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Short
by cdschultheis15