Ascending triangles confirming Reverse H&S?Time will tell, but im bullish on this one, as markets colapse and gold hits its top BTC seems like the alternative here, fingers crossed!
Reverse
EURAUD potentially to reverse Looking at previous price action and resistance levels, it's about to hit highs. If it can't, I will be shorting this pair at the 78.6 fib level from previous highs.
UC indecision this day. Recommend to wait this weekas you can see the long tale appear but after that have to close under the first candle stick so it's will be perfect >>> uptrend divergence reversal
US Yield curve... clock is tickingHope this idea will inspire some of you !
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Broken downtrend line into the upward side
Reversed short position into the upwards scale for NASDAQ:AMD
Entered at 26.94 with target at 32.92 area
Looking long enough....reverse cup-handle pattern in bitcoinHi Chaps,
Not that it changes anything from my last posts, still bearish, but we have also a reverse cup-handle forming. So three patterns in each other. Rising channel, slightly descending triangle and a reverse cup and handle. Save trades.
Kohl's - ShortStrong resistence-area at 78.75. The share did rally twice with strong momentum before to the area, but failed to break it.
Nice setup for double-top might be built by the closure of this weeks session. If today's close-price stays under 75.50, position will be opened at upcomming Monday.
I like the huge trading zone, providing a considerable chance-risk ratio. TP2-level chosen as previous strong momentum countermoves from resistence-area were 50% and 40%+.
LTC/BTC Breakout SOONTo me it looks like LTC/BTC finally "dipped" and heading up. Expecting a bullish reverse soon, but watch out for a drop right before. Could reach 0.011 BTC as a pre-pumpy confirmation.
Probable Demand ZoneEURUSD has been going through an extended complex pullback pattern on higher TFs. It seems another bear leg to 1.1175, the FIB 61.80% retracement level, is becoming a probable scenario. Selling short to 1.1175-1.1250, covering and flipping long is the potential setup. As always, managing risk is the most important part. Fractional risk of 1.5-3% approach is the default approach. The size of a trade decreases as the risked price range increases. In another words, trading higher TFs requires a longer wait and a smaller size. Extremely boring.
BTC ChartArt - We Are Coming & We Are Coming In Waves (AUG 2018)so adjust many indicator
Carlos so legend
04 AUG BUY BTC / XBT! - Ichimoku & MACD coming togetherAfter the last sideways in the 8k and the dump, BTC now looks like refueled again to, and maybe real pumpy days coming in when all the lines come together. Could take 1 more day tough.
04 AUG 2018
Bitcoin dipped at ~5.800$ and still slowly entering uptrend to me.
BTC Retrace of DumpThis is a model of the retrace from the dump to 7480. The double bottom at the vicinity of 7500 and the bounce have formed a narrowing channel heading to the first fibonacci level of 0.382 just under 7800. This should be considered a short-term entry for a short or close for longs opened at 7500-7600. After reaching this target, further upside as high as 8k is possible (.618), but ultimately, this is a bull trap/bear flag that should break down at one of these 3 levels.
AUD/CHF Technical analysisThe 4-hour chart of AUD/CHF is currently in downtrend.
It has also formed a down channel within the downtrend which indicates further weakness.
As per our analysis,we expect the bears to return strongly at this price point and expect further downside.
AU long to 75.000 then short to 73.xxxAU is looking to long to 200ma, i think its going to get near 75.000 and then short down to my channel bottom (73.xxx).
last week price double bottomed back into week open range and closed up, but not over the open of the week, still think it is showing bullishness but over all i am looking to short AU, maybe in the coming weeks.
AU monthly is in a established channel, which alot of people would be watching to break, this week will be the end of the month, i feel like it will just keep ranging in the channel as AU usually likes to do.
AAPL Turtle Soup Sell on the WEEKLYAAPL -0.35% failed to hold previous 20 WEEK highs (190.37) after making new 20 WEEK highs (194.20). This sets up a Turtle Soup Sell (Linda Raschke), a short term reversal (weeks if on weekly chart, days if on daily, hours if on hourly, etc). The weaker the trend, the stronger reversal (time a/o price). AAPL -0.35% ADX on the weekly ≅ 19, weakly trending. This setup is invalid > 190.37 - 20 WEEK highs/low are key levels and price often trades through multiple times - set and TRAIL STOPS appropriately.
Note: Lower momentum high with higher price high on daily. This divergence has corrected on the daily. Weekly momentum and price both made higher highs.
When Turtle Soups fail they fail spectacularly (aka bull/bear traps). For example, QQQ recently set up 2 Turtle Soup Sells on the daily (May 31 & and June 13) and rallied hard the next day. So I repeat: This trade is invalid > 190.37
Previous weekly Turtle Soups Sells & pivots (previous 20w highs):
Dec.18 - 176.24
Jan.22 - 177.20
Mar.12 - 180.1
Reverse Shoulder Head Shoulder then again SHSIs this a Reverse SHS? If it is then great, but following it there is a possibility for SHS.
All these means to me, first it is going to go up until $8500 to $9500 But if it decide to do better, it might even go towards $11k But less likely!
Following that it should come down and area where it is going to stay steady for the summer. Good luck.
These are my plain opinion, not an investment advise.
