SergeantPringles

SergeantPringles Updated 

We broke out from the solid green minor trendline and formed an abc correction. if we can breakaway from the green dashed line we can follow the trend trading potentially down into the green major trendline.

SergeantPringles Updated 

We recently saw a breakout to the downside. after the initial impulse we will now likly form a abc correction that retest the recent (4H) structure. im looking to trade price up there if price does what i want like shown on the chart. when we get up there, i will of course look for short signals

SergeantPringles Updated 

We bounced again off the 4H resistance, respecting it. after that we consolidated in an area below it. now we finally broke to the downside starting another downmove? im looking to buy a retest if we can get any.

SergeantPringles Updated 

simple trendsetup. selling pullback in downtrend. here we have also further confirmation due to the breakout of the minor trendline in the pullback (check updates for better view) conservative stop: above recent swing high. aggressiv stop: above the highs of recent pullback

SergeantPringles Updated 

USOIl retesting resistance at prior structure. we double topped (which was also a pinbar on the daily timeframe) and confirmed the double top by breaking blow the neckline as well as the trendline. nowe we are currently retesting recent structure (deeply). i sold the 50% retracment. you can also look for reversal signals on a 5-15m timeframe if you like. im just...

SergeantPringles Updated 

US30 might start a correction here. We had a pretty momentum loaded upmove that recently lost steam. now we broke the trendline and recent support. i sold the retest in anticipation of more downside. you can still get in or wait for break of the lows for more confirmation.

SergeantPringles

I attempted a short earlier with tight stops, that got takin out by the slow upward move we saw in the C leg. Now at the 1.618 projection the move seems to hit a roof. if we can breakout to the downside i will be looking to sell.

SergeantPringles

We finished the big bat today. after that we attemted a breakout from the trendchannel inside the CD lag of the big bat. after that first attempt it seems that price now starts making and abc correction before (potentially) goin down further. this abc correction may or may not complete the small gartley giving us a entryreason with nice riskreward. if we dont get...

SergeantPringles Updated 

We recently saw a huge downmove in this pair. and i dont think the current correction is enough to compensate for that. i think we will see more upside before/if we then go further down. im simply entering at the 618 retracement of the traingle breakout with stops below the recent triangle swing. nothing special

SergeantPringles

while a continuation to the upside in the long run is likly, a lower degree correction might still be coming soon since the big upmove recently. thats why im looking for shorts at the 886 retracements with stops above last month highs.

SergeantPringles Updated 

Bat pattern coming into strong trendline support. We also have a nice trendline inside the CD leg to work with as a confirmation for this bat. Look for a break above the trendlien (on a lower timeframe) as first confirmation. a small consolidation/correction and a breakout above this (like shown on the chart) should then be final confirmation to go long

SergeantPringles

AUDJPY recently broke upwards trendline to the downside. i was waiting for a correction to go in. Now we might have one. The ABC correction is nicely retesting the recent indecsion zone and the mirrored trendline (making it very symetrical) it seems (with 10 more minutes to go) that we will see a pinbar rejection from that area. if so, i will be placing orders...

SergeantPringles

Pretty selfexplainatory. We broke out of a range and now we coming back retesting the lower zones of this range. the possible bat provides a nice entry to look for a continuation of that breakout to the downside.

SergeantPringles Updated 

with a nearly perfect 786 retracement a 127 extention is a good place to look for the completion of the abc correction (abcd pattern). the zone will also be a strong resistance zone based on recent structure. if we place our stops above the most recent highs we will also have a batpattern completion above us (white) which would help us out if we dont reverse right away.

SergeantPringles Updated 

Thoughout the last year we saw a constant bull market in the Bund. now it seems its finally time for a little bit of releave (also due to stronger indicies) we saw an impulse breakout recently violating trendlines of the recent upmove. after that we corrected upward in a slow fashion. now another impulse down become more and more likly after the hit of the 618...

SergeantPringles Updated 

This is a followup to an idea of last week (link below) I said that some sort of correction might be incoming now, and we are currently sitting in one. Point C will be the retest of the most recent structure (orange box) as well as the higher degree structure retest at 3(white box). I will look for a precise entry at this point with stops tigh above the orange...

SergeantPringles Updated 

Im already short quite abit based on the ABC correction trade. We are now currently seemingly confirming the high of the recent upmove as the end of the B wave. so look for another impulse down. one way to hop on the trade is the breakout below the recent lower degree correction. This breakout would also break below the green resistance (now support) line and...

SergeantPringles

Currently watching what EURGBP is doin on the higher timeframe approaching the strong weekly resistance. so far im still interested in longs tho since i havent seen a major reversal signal yet. one setup that is unfolding is this bat pattern that i might use to trade price all the way up to a clearer retest of the solid blue line it has a strong cluster of...