LorbeerInv

LorbeerInv

It might very well be that Price will retrace after this recent impulsive Swing-Breakout. But... there is a more significant Swing-High Resistence waiting above + the RRR will be much better. Knowing that ABCD like movements often set up exactly like this: 1. Impulsive move "though" Highs/Lows 2. Some wedge or triangle consolidation 3. Another impulsive move for...

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Full analyses on the chart Leave a comment for any questions

LorbeerInv Updated 

Looking at the daily we see the the major swing highs come at the same price levels whereas the major swing lows are coming higher forming some kind of triangly. The firs swing low went as low as 88.6% of the the upmove. The second swing low is now resting at support at the 78.6% of the consecutive upmove. Price might bounce of here already however if it...

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Break of the donwtrend line and pullback into the break out level. The recent break out of the swing highs indicate a bullisch trend

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Looks like price is about to complete an Elliot-Wave #5 before it might reverse into a 3 wave downtrend move. The 1.3250's look like a decent area of multiple resistance for countertrend traders to take short entries. Break down of the 1.3250: *Uptrend channel - Price first overshot the channel then undershot. Which leads to the believe of a weakening of the...

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Classic buying retracement strategy. Price runs into a 61,8% Fib resistance right at minor swing resistance levels. The previous swing low "break down" (pink support lines) indicates an intact downtrend. As of statistics I assume a 25% chance of profit and a 35% chance of loss. With a 2,5:1 Reward to Risk Ratio its a good deal.

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Volatility collapsed creating a triangle or wedge pattern #1 - A breakout to the upside could result in a new swing high => classic trend trade #2 - A breakout to the downside could result in an ABCD pattern. Traders can chase the D point into SUpport then build a trend trade position

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After the Swing high breakout procie retraced almost to the 382 Fibonacci retracement level of th breakout move The downtrendline of the breakout now failed, price pulled back on that tredn line wihtout closing below. I am looking for a candlestich reverse pattern to get long

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Due to the nature of an oscillating indicator such as an RSI vs lagging idicators such as MACD, the breakout of the RSI Linechart may indicate a range breakout and volatility expansion before price action.

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After 2 hit targets on the double bottom price now formed a Lorbeer Pattern Wait for candlestick pattern to confirm entry

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Price sticks right in a daly swing high resitance after a rally with increasing momentum. RSI is grately overbought. Chances are good for a retracement into support. If so, then: Buying this pullback you must

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X to A is not the nicest impulse move that I can imagine but going one timeframe higher it looks more "impulsive"

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Never traded such a Pattern but can easaly think of a potential entry and exit strategy using Fibonacci and Price Action...

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These Pattern have a very high rate of success, depending on the actual market cycle and pair between 40% and 70%. This one here even has an awsome RRR Tip: Look for lower timeframe confirmation before entering

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As countertrend trader we should sell the euphoria and buy the depression. Here price keeps rising wihtout major rertracement + RSI ob & divergence => Speculating on a 382 Fib retracement. Potential short trade will be triggered by candlestick pattern

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The same set up is given on the Eurodollar but the Eurosterling provides a much better RRR

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Breakout of daily swing high Pullback into Support RSI o/b condition + Divergence Double bottom

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ABCD complex retracement after break of the most recent swing low provides a great RRR tredn following opportunity