Mechanical long entry triggered at X on the monthly timeframe. Trim at P/P2/D points.
Short term bearish on gold futures. Looking to enter long on mechanical entry at X around 1203 zone.
Still expecting 4500-4800 zone to be struck one way or another. High probability of marking THE bottom.
bottom fishing for a low using a smaller degree pattern for the larger degree trend. long 7210 stop at 7185 target 8600.
FEYE has been building a solid 2 year base around the 12-16 dollar zone after its inital pop and drop of the IPO. Volatility is compressing via the monthly squeeze, and looking like it is ready to blow as evidenced by the inclining MACD. Look for this monthly squeeze to fire long in the coming months. I am long the Jan19 10 strike calls. Lazy River.
Bitcoin is still in a downtrend of lower highs and lower lows on the daily chart. It appears to be an ABCDE flag pattern. At this point there is a strong possibility of at least testing for a double bottom at the C point low within the 61.8 - 78.6 retracement zone, and depending on how the market reacts on the double bottom test it could go lower to a 75%...