ChasingTheMoon

ChasingTheMoon

- BUY LONG OFF DEMAND - SL BELOW SUPPORT - TARGET 3X RR. - UPDATE ON MY PREVIOUS PLAN: SEE LINK. - PRICE HAS SHIFTED ALONG DEMAND ZONE, AND RETESTING. - ADJUSTED PITCHFORK TO FACTOR IN THE NEW DATA. - DESCRIBES PRICE WELL.

ChasingTheMoon

- PAIR HAVE TESTED THE PITFORK'S LOWER LINES - COMING UP OFF DEMAND ZONE - CAD IS OVER BOUGHT AND LIKELY TO CORRECT - SL BELOW DEMAND - TARGET 1.57

ChasingTheMoon Updated 

- PRICE PRESSING UP FROM DEMAND ZONE + EDGE OF PITCHFORK - TARGET NEW HIGHER HIGH.TOP OF PITCHFORK

ChasingTheMoon

- PAIR COMING UP OFF DEMAND - RETEST OF PITCHFORK LOWER MEDIAN LINE IN PROCESS. - BUY THE BULLISH CLOSE ABOVE THE PREVIOUS CANDLE WICK - TARGET IS RETEST OF PREVIOUS HIGHS.

ChasingTheMoon Updated 

- Gold on triple confluence resistances; 1. Supply Zone 2. Median line of Pendulum Pitchfork (see 2nd daily chart) 3. non-equidistant trendline (meeting at price + supply) ** Trend still trending in down channel.

ChasingTheMoon

- BUYING OFF DEMAND - TARGET 3X RR @ MEDIAN LINE - EXPECTED RE-TEST OF PREVIOUS HIGH'S BEFORE NEXT DECISION POINT.

ChasingTheMoon

- BULLISH MOMENTUM BUILDING - ASSET CLOSE TO BREAKING OUT OF DOWNTREND - PRESSURE BUILINDG AT RESISTANCES FOR STRONG MOMENTUM INTO XMAS/EARLY NEW YEAR.

ChasingTheMoon

- DRRX COMING UP OFF DEMAND ZONE - BREAKOUT OF CONSOLIDATION AT APEX OF TRIANGLE - TARGET #1 = 100% UP - TARGET #2 = $5.10 (160% GAIN)

ChasingTheMoon

- UPTREND BROKEN - FAKE BREAKOUT ON RESISTANCE - SHORT ON THE 4H CANDLE CLOSE BELOW $45.59 - PRICE REJECTED FROM 1.382 FIB EXT.

ChasingTheMoon

- PRICE REJECTING FROM RESISTANCE LEVEL - MEDIAN LINE REJECTION - EUR WEAK ON BAD BREXIT TALKS - BUY ON BLUE DEMAND ZONE BELOW.

ChasingTheMoon

- DXY on the daily/weekly support (white horizontal line) - Falling wedge forming. DXY coming up off the support confluence.

ChasingTheMoon Updated 

- PAIR REJECTING FROM THE UNDERSIDE OF THE MAJOR PITCHFORKS MEDIAN LINE. - REJECTING NOW FROM SUPPLY ZONE. - SL POSITIONED ABOVE PREVIOUS SUPPLY ZONE. - WAIT FOR A BEARISH CANDLE COMBO TO CONFIRM TRADE. - ASSET TRADING HIGER THAN SUPPLY = TRADE INVALID.

ChasingTheMoon Updated 

- REJECTED FROM RE-TEST OF THE TRENDLINE - REJECTED FROM SUPPLY ZONE - LOWER HIGHS IN, - TARGET 0.93355

ChasingTheMoon

- PAIR MADE A FAKE BREAKOUT OF THE RESISTANCE LEVEL. - CAME BACK TO RE-TEST THE LEVEL AND TAKE ANOTHER BIG REJECTION. (SUPPLY CONFIRMED) - SHORTING NOW FOR A TEST OF THE SUPPORT LINES MARKED OR; - BOUNCE OFF THE LOWER MEDIAN LINE. SL ABOVE WICK HIGH.

ChasingTheMoon

- PAIR HAVE FALLEN TO DEMAND ZONE. - LOOK TO BUY BULLISH CANDLE COMBO'S OFF DEMAND/LOWER PITCHFORK MEDIAN. - TARGET MEDIAN LINE - SL BEHIND DEMAND + SOME ROOM.

ChasingTheMoon

- ASSET ON STRONG LEVEL OF DEMAND - STRONG PRODUCT LAUNCH - GOOD CASH AT BANK TO SUPPORT NEW PRODUCT GROWTH AND MARKETING STRATEGIES. - NET PROFIT MARGINS IMPROVED OVER THE LAST 3 QTRS. - ASSET SHOULD SEE IMPROVED EARNINGS INTO 2021 GOOD RR.

ChasingTheMoon

- ASSET HAS DEVELOPED A CRUISY UPWARD CHANNEL. - GOOD PLACE TO BUY LONG ON A SMALL TRADE - TARGETING 70 CENTS, THEN; - 73 CENTS TO 76 CENTS FOR THE RE-TEST OF THE PREVIOUS HIGHS. - MANAGE RISK ACCORDINGLY. GOOD LUCK.

ChasingTheMoon

- THIRD TOUCH OF SUPPLY - 3RD LOWER HIGH. - UPTREND BROKEN, PRICE REJECTED FROM TRENDLINE DURING RETEST OF SUPPLY ZONE - CONFLUENCE OF REJECTION WITH THE PENDULUM PITCHFORK MEDIAN LINE. - SHORT INTO NEXT WEEK.