ProfitHarvest

ProfitHarvest Updated 

Conditions are stabilizing again so we avoid a bigger selloff just in the nick of time here but as it stands a close below the tip of this 1M Pennant isn't looking great especially given the multitude of various bearish structures contained within. Conditions also seem likely to improve the next few days so some bigger down movement may have to wait until next...

ProfitHarvest Updated 

And incidentally the 1Y Peak Channel bottom. The gravity of this point is highest of anything on the map. Testing both points seems critical for algorithmic validation of uptrend, while aligned even more attractive. Would either get a solid bounce or would drop right through depending on conditions. Leaning towards the drop through scenario for the time...

ProfitHarvest Updated 

Such delicious bounces and momentum, loving this Price Action. Notice how each shoulder got rejected at the exact same magenta fractal point (top of 1.5Y Peak Channel), this latest one in our core Peak Box Fractal. That showing today was impressive but until Price Action stops creating bearish patterns, it's lookin bearish and increasingly like a proper Top....

ProfitHarvest Updated 

Sitting right on a key fractal in a major downtrend. This is part of a broader 5Y uptrend fractal break...

ProfitHarvest Updated 

Negative momo building. Might even get a retest and rejection if we're lucky.

ProfitHarvest Updated 

Finally perfected this to the point I'm happy with it. The analogy seems very fitting here. Definitely looking bearish.

ProfitHarvest Updated 

Interesting theories... seems to work in inverse too.

ProfitHarvest

Here's your Price reactivity map, enjoy! Keep a close eye on that down megaphone haha. White is the sweet spot data is predicting. We could go lower faster and decent chance we drop down to 3.25k by End of March but things would need to get real crazy here. Liquidity working in our favor here now at least. Also proof that TView software fcks up your lines!...

ProfitHarvest Updated 

Haven't had time to track this but clearly fractals holding up fantastic in this Chaos. Right shoulder of this bearish structure cluster just added a Double Top, making the cluster more bearish but also set a Higher Low so may be trying to consolidate for a bit here if it doesn't just keep dropping. Buying at the bottom fractals on reversal signal and selling at...

ProfitHarvest

It's not impossible lol. Mostly for funzies. Sometimes fractals will inception like this. Extrapolated off the tiny H&S for estimation. OG Idea:

ProfitHarvest Updated 

I don't think we'll be meaningfully above this magenta line anytime in the near future. Strong liquidity and market breadth not even enough to keep this thing afloat. What happens when those things start breaking down?

ProfitHarvest Updated 

This 15m H&S is an absolute stunner. Each peak here is a free form fractal that replicates damn near perfectly here. I think a couple people out there were mentioning this already, thanks for the ideas. Lets see where this is going!

ProfitHarvest Updated 

Look at all those fun structures up here above the 1.5Y Peak Channel. Diamond = Bullish Breakout Flag/RW Chimera = Bearish Breakdown RW = Bearish Breakdown Flag = Bullish Breakout RW = Bearish Breakdown Who coulda ever guessed Price would struggle so much above that Magenta line? 2/6 on Bullishness rn, not lookin great.

ProfitHarvest Updated 

Cannabis feels so meta sometimes. TLRY leads a 10x market run and then collapses to the worst performing Cannabis company in 2021 lol. Man APHA definitely getting the short end of the stick here haha but they'll all make plenty of money slangin drugs together. Wish I had done a mashup like this a long time ago, lots of fun data. Here's how I've been betting...

ProfitHarvest Updated 

Hammer candle alert... testing right below some nice fractals. Tomorrow's candle should bring clarity to the direction we'll take next, I'm leaning short here though. If we break under these fractals we'll likely land on orange around $40 briefly before the next takeoff (We're not likely to get much under $37 from here). Not expecting much from earnings either...

ProfitHarvest Updated 

Also broke out of Flag and RW Chimera structure. RW also very flat.

ProfitHarvest Updated 

This seems like a decent range with successful launch. If earnings is great, could keep goin $100+.

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Just some data... normalized to time period bottom. OG Fractal scenario still plausible with a bit of tweaking. Let's see!