SickNick84

SickNick84 Updated 

Good downside potential with great RR.

SickNick84 Updated 

The dxy looks like its forming a small double top and preparing for its next move down, this would in turn weaken the USDCHF and make this move to the downside a higher probability given USDCHF also seems to have a small double top sitting right up against resiatnace.

SickNick84 Updated 

Alot of tea leaves are lining up for the confirmation of a long on the AUDCAD

SickNick84 Updated 

High confluence of resitance at the re test point, this is a high probability trade.

SickNick84

Im pretty bullish on gold at the moment, but id prefer to wait for the breakout before i decided whether or not to enter the trade.

SickNick84

Possible elliot wave formed on the 1H, we may see another impulse down from this area. Waves were tough to count given how far its already run so i switched to the 1H and was able to get a bit more clarity. Any thoughts and oppionions would be greatly appreciated

SickNick84 Updated 

A good breakout of a triangle followed by a correction to the 61.8 fib level which just so happens to be on the 200 SMA. A really good confluence like this providing a high probability trade. Unfortunatly i missed my entry at the 61.8 level but will re eneter if price coomes back down to the 50 before making another impulse up.

SickNick84 Updated 

Long for the C leg of the corrective ABC Elliot wave, Also an AB=CD pattern.

SickNick84 Updated 

Descending triangle on the AUD/JPY with Massive divergence! price has run up very nicely, now could be time for a pullback and for price to take a breather.

SickNick84 Updated 

here we see a trendline break followed by a retrace to the 50/618 fib level where we have a large confluence of resitance including a resistance level, a trendline and all 3 moving averages.

SickNick84

We have what seems to be a rising wedge on BTC/USD, a break out of this could make for a very good trade setup. A close of a candle outside of the wedge would be the entry confirmation. Taking a look at the Weekly chart we have had a huge run up and formed a doji against a level of resistance, in my oppinion we may see a slight correction, as price cant simply...

SickNick84

Full elliot wave looking to be completed. We could see a reversal at the end of the "A" wave in preperation for the B wave to the downside.

SickNick84 Updated 

A good impulse move down followed by a Corrective move to the 50% level which has a good confluence consisiting of a moving average, a resistance zone and a trendline. Good R/R ratio if it hits the intended price target. Unfortunately i missed my trade as i forgot to put in my limit order for while i was at work, but i may enter if i see another setup within the...

SickNick84

Here we can see 5 waves up followed by a corrective ABC wave, with the bottom of the C wave ending at the 50% fib level of the initial Elliot wave (from wave 1 through 5). ABC wave also formed a nice and square bull flag, and we have what appears to be a possible inverse head and shoulders pattern at the bottom of the C wave. All in all a good confluence of...

SickNick84

A head and shoulders reversal pattern is setting up on the 1H time frame. Entry on the break of the neckline with a take profit at a 1:1 RR is my preference for this setup. Slight divergence across the left hand shoulder and the head with the head sitting right up against a resistance level. This confluence of factors all support a short.