SergeantPringles

SergeantPringles Updated 

Price seems to be tryin to form a head and shoulders. we had a big impulse nearly breaking the blue dashed trendchannel and are now forming a nearly perfect flag. if we breakout to the upside i iwll be looking to buy

SergeantPringles Updated 

If USDJPY can complete the cypher i will be lookin to sell. however, i might also look for a cypher completion play long if we can break the current consolidation to the upside. for that to happen i need price to drop alittle first, since the flag isnt valid yet. i might also trade the triangle (i wanna see price lower for that too) but i much rather would like to...

SergeantPringles Updated 

Im just bought this based on the breakout of the flag after the solid impulse that is startin to form the CD leg of this Bat. We already broke the B point of the bat, so no overhead resistance. im planning to trade this up to the Bat completion. note that we also have a shark pattern inside the flag(check comments). if that completes i will also be looking for a...

SergeantPringles Updated 

I expected one more downwave in this market, which starded today after breaking the upward dashed blue trendline. now we are consolidating before we might see another impulse down. So look for breakout sells.

SergeantPringles

We rallied back into a strong weekly resistance zone recently. so i was watching carefully what the market was doin. as we came up there we started heavily waving and now we saw the first attempt of an breakout to the downside. if we can follow trough a little more or see some consolidation i will be looking to sell. the downside potential is massiv. so keep an...

SergeantPringles Updated 

Last two weeks we saw the breakout long from a 5 wave down trendchannel. im looking for breakouts long now if we can find some confirmation into this week. i might also trade shorts/longs inside the consolidation on lower timeframes. this is after all just the bigger picture

SergeantPringles Updated 

EURJPY is currently very extended on the 2H as well as overall on the Daily. thats why i was looking for a bigger reversal soon. The break of the trendline last week didnt produce me any entries so i will be looking to buy this cypher plain with a very good RRR if we can see the bigger anticipated retracement i am hoping for for EURJPY. orders in.

SergeantPringles Updated 

We are currently ranging in between the blue dashed lines. im now lookin to sell the upward consolidation to catch the last remaining move down to the cypher completion, where im planning to buy most likly.

SergeantPringles Updated 

As mentioned in previous gold posts, im still lookin for more bullish upside in gold after breaking the triangle to the upside. we are currently approaching the upper band of recent consolidation (orange box) so if we can find a breakout out of it one way or another i will be looking to buy. due to the lack of structure i can deduce targets from, my targets are...

SergeantPringles

Tho the market can as well break down from here based on the technicals, we do see reversal signal in alot of other indicies. so if that means we go up from here one way or the other, this will be the overall picture to fill out. so far im not interested to do stuff here but if we can break the upper blue dashed line i will be looking for long setups. maybe i will...

SergeantPringles

For EUCHF we saw the breakout of a very significant trendline with a good momentum spike. currently the market is consolidating below that line forming a flag or a pennant(triangle). i would like to see the market go up again first to complete the flag, because i like flags alot more than triangle but i might also take a shot at it if we break from here now with a...

SergeantPringles Updated 

I just sold CADJPY based of this Shark completion with a 1.618 and 1.13 fib confluence right at the mirrored trendline. stops are at 127 extentions. we had a good confirmation of this area as a PRZ after having this big bear candle after the open. i will go for a quick 1:1 retesting recent zone of interest(resistance) and then hope for a bigger move down on the...

SergeantPringles Updated 

As alot of EUR pairs. EURAUD is also seeing a sharkish formation. but in this case we might see a trade earlier, since the consolidation is already startin to form. if we can at least retest the recent (consolidation) swing highs, i will place my orders below consolidation to sell to the shark completion point. should be a small easy trade with a decent risk...

SergeantPringles Updated 

We are sittin right at shark completion. this is a pattern that im definity trading plain. so i will look to get in after the open. however im also looking ahead to see where possible addons can be made and the earlierst choice would be as indicated by the dashed orange lines on the chart. if you not sure about the shark buy at the moment u can always wait for...

SergeantPringles

For AUDJPY we can see a big gartley on the weekly timeframe. I however had no interest trading this plain because a) the ABCD pattern inside the gartley was a bit messy b) the market exposure is just too big for me trading the weekly (timewise) c) im not the biggest fan as trading gartley plain anyway due to iffy RRR I was however lookin what effect the gartley...

SergeantPringles

In Copper we recently saw the break of an important trendline. i was waiting for some consolidation to buy. but due to the rapid spike down, there wasnt really any chance yet. however, at least that gave us a little bit of a head and shoulders formation, in which the right shoulder can act as the desired consolidation. so if we break the lower dashed line to the...

SergeantPringles

I know the chart is a bit messy but i had to fit quite alot in. Currently EURUSD is in a very edgy state. last week ) we expected a continuation to the upside filling out the bigger (solid) blue upward channel. however, this didnt happen instead we broke down with great momentum breaking weekly lows as well as the bigger trendline. now we are currently sittin...

SergeantPringles

This happens when u have too much time and start drawin stuff in your chart for fun. but to be honest this kinda makes sense from a technical standpoint. after all its some sort of head and shoulders pattern that if it gets broken to the upside will most likly continue higher just like smoke does when coming out of a chimney. first rather straight and fast, but...