Shot
BBY Breakout?BBY does not seem to want to break over that 60 mark. Indicators plus technical analysis showing a short might be appropriate for the long term if the price bounces back from this resistance point or a long if it decides to break over that 60 mark also the bull flag formed starting May might be a good indicator that this thing is ready to break out
EURCAD DAILY SHORT ON PIN BAR CANDLEHi!
On the close of today's daily candle we would probably get nice pin bar candle and an abilility to short this one. Let's wait till the end of that day... ;)
head and shoulders and supply and demanddouble verification, to sell this pair on 4h chart, target 143.60
GBPCADBias on this is long , I am aware there are fundamentals affecting the CAD today , at this moment in time since last nights asian session we saw some slight consolidation , could the fundamental news for CAD today give this pair the extra push it needs to. target is around 1.69500
One More Push By the BearsOne more push down on the 60mins by the bears before the bulls start to take over can't be ruled out. However, if the bears are too strong, then buying the Bat pattern completion is not a bad idea. Overall, my long term view on the AUDCAD is to the upside.
Thank You for your support. Happy Trading.
Bat Pattern, Eur/Aud, 1 hrHere we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves.
According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours.
Anyone that has been following my trades knows that last week I had a very bad week and I am making a minor change to my strategy for the week , until we recover from our losses, i was previously trading all harmonics to the 1.618 extension of the BC leg, but as of this week , i will only be trading harmonics to the .618 extension , just for a guaranteed close for profit.
I have placed my trade actions as follows:
Limit: point X
Entry: point D
Limit: the .618 extension of the BC leg
Please like and comment if you agree or disagree respectively.
And always follow me for more updates on market analysis and harmonic patterns , and recently a lot of wave theory's.
And as always Good Trading Everyone!
USOIL WTI SHORTthe up trend has been broken, so price might start a down trend. However, as you can see in the chart there is a posible H&S. In the 15min chart, you can see how price is breaking a corrective structure to make a posible down impulse.
WTI should go to the neck of the H&S and then break it and go to the 56$.
The trade should be completed by the end of next week.
what do you think?
USOIL OIL - getting ready for sell short 1HTimeframe: 1H
Looking to go short @ around 51.15 if we get there possibly 2nd entry @ 51.62
Stops above recent highs – 52.50
1st target 1.414 ext. @ 48.82
2nd target 1.618 @ ext. 48.05 / or runner depending on new chart structures.
RR: 2.31
Good luck and good trading.
Arek JP
Modified Sling Shot IndicatorsBelow is the actual Indicator code. prepared by ucsgears and Chris Moody
USDCHF Pending Short for a Bigger correctionUSDCHF has completed 5 waves up and has started its correction which might go upto 50 to 61.8% retracement of previous move. The details are shown on the chart. However, on a short term perspective we can enter short at 0.9160 with stoploss at 0.9190 and targets at 0.9060. Its a nice risk reward trade based on Elliott Wave principles.
Happy Trading..
