Harmonicpricepattern
Bearish Channel & Cypher on GOLD - BIG SHORT In addition to my previous idea: We have a bearish channel on gold, price is close to the upper limit, and we have a strong bearish cypher. This is definitely a short . Convergence of these indicators makes this trade fairly safe.
Fundamentals - Watch for FOMC news and US Consumer confidence index publication during the week - These could impact the U.S dollar. But overall, no sign of a strong depreciation of the US dollar, therefore, trade seems safe.
Aim for an entry around 1350 . I personally use Ichimoku on a smaller time-frame (15m/30m) and watch for a cloud break to enter the trade.
!!! Trade canceled if price breaks upper limit!!!
Bullish BAT #harmonicpattern on #GBPAUD #forex #tradingBullish pattern just completed, going long at market
NVDA has a daily Gartley pattern buying opportunityNASDAQ:NVDA
According to daily chart, NVDA has a potential buying opportunity between 134.77 - 135.92 (0.786 XA @ 134.77 / AB=CD @ 135.15 / 0.786AB @ 135.92 )
It could be a valid trade to put 1/3 of the limit orders at the different 3 prices with a stop loss point @ 126.99 , about 7% risk.
1st target price will be @ 0.382AD, which will be around 147; while if the trade worked and went at least above 140, I also suggest to put risk-reward stop at a few cents below 140.
NASDAQ:AAPL
Also, BAT pattern can also be seen at AAPL's daily chart with an entry price at 141.95 with a stop loss point at 139.99.
The risk is much less than the NVDA trade, and 1st target price could be @147.77.
