SkyTrees

SkyTrees

Interesting development reaction from the top arc over the past 6 months and I'll be taking a punt myself on this one, especially since most brokers are paying out for traders to sell $NATGAS. My broker is paying out c3% and I wouldn't mind a piece of that. SL is tight with a huge potential gain of 5.7/1 . The most recent corrections from the top of the arc...

SkyTrees

H&S pattern has began developing which seems to be putting a stop to the bearish trend seen over the past month or so. Great returns @ 2/1. Let me know what you think?

SkyTrees Updated 

We've seen NATTY with a similar but a larger set up prior to the huge bullish movement from 2020 to 2022. I believe that we'll see a retest of the 2.400 area before making it's move higher. Let me know what you think.

SkyTrees

H&S Pattern has developed on natty with a potential 12% drop for some huge gains. Once broken and retested, I would put a put order in until the targeted area, until then we wait and watch.

SkyTrees Updated 

I'm back with yet another of my VIX bowl action posts. There's so much going on around the globe that could trigger a spike. Markets are seeing negative RSI divergence across many indices on monthly, weekly and daily charts. This time we could go even higher and reach the resistance above. But I'm being conservative in my target and aiming at the diagonal trend...

SkyTrees Updated 

Huge sell of occurred after breaking it's previous support, turned resistance. I'd be looking to buy of the resistance @ around 2.050 with the aim of it reaching the broken support. If it finds resistance there then we might see a H&S pattern emerge which could be severely bloody. With recession peaking over the corner, this could well play out. Just my...

SkyTrees Updated 

Serious negative RSI divergence at the resistance after forming a bullish H&S pattern. As part of the retest, I believe that it will fill in the gap as well, before potentially making a climb back up to resistance and beyond. Trade ay your own risks, my posts are just ideas.

SkyTrees Updated 

A H&S pattern has developed following a breakout out of a falling wedge. Target being the distance from the head of the H&S pattern to the base. Slightly over a 2/1 pay-out on this one.

SkyTrees Updated 

Seasonally, April is on average a bullish month for Natural Gas and looks to have set up for a similar outcome this year. It has made a huge double bottom on the daily with a extreme bullish RSI divergence and you can see a similar positive RSI set up on the hourly and the 4 hour chart as presented in my post. My target is modest 3 which would is the most...

SkyTrees Updated 

H&S pattern has emerged at levels needed to fill in the gap. Great return ratio. Small risk.

SkyTrees

Nokia has been slammed over the last 10 years, but they're far from being in the gutter and are working with many leading governments for technology infrastructure . We can see that a head and shoulder pattern has developed and can see some strong bullish RSI divergence. This is for the long game.

SkyTrees Updated 

Hello all, I've linked my previous VIX set up which paid extremely well and plotted out as expected. Similar set up here and I've become very confident in my magic bowl as a precursor. The charting speaks for itself. All we have to do is sit and wait.

SkyTrees

As you can see Crude is currently positioned on a 4/5 year support level which was first tested in May 2018. As well as that it has reached the breakout point of the descending triangle and has perfectly placed itself on the 0.786 fib retracement level. All of these indicate a bullish reversal in my opinion, however I wouldn't be surprised to see a bounce before...

SkyTrees

Natural Gas has been hammered over the last couple of weeks and It's about time it took a turn to fill in the gaps; beginning with the most recent one yet to be filled. Strong positive RSI divergence on the daily, alongside oversold hourly, weekly and monthly RSI. It's still freezing cold with many winter storms across the USA so I can't see Natural Gas being...

SkyTrees Updated 

As you can see from the images below, all of the bowls are the same size with similar action from the support lines. This time out the VIX has broken out of the fallen wedge and looks to have confirmed it by touching down. These have been quite accurate so far and I believe that we'll reach 34 by next friday. Sounds quite silly, but the bowls are all of the...

SkyTrees

Pretty self explanatory. With the recent bearish wave in Oil and many other commodities, Oil has recovered it's bullish wedge and has began forming what looks like a H&S pattern. Severely oversold and battered on the 4hr, daily and weekly, Oil might just be making a come back. News aren't bullish at all and most traders are in short positions, this for me...

SkyTrees

As you can see Crude Oil as completed it's impulsive correction and has began heading towards breaking out of the patterns drawn which have been accumulating since June. It has also found itself above a resistance level from Oct 21' which looks to be holding like support. It's also just below it's daily 100 EMA which if tackled would help this case. Ultimately...

SkyTrees

A cup and handle formation has emerged in a great fashion. The target of 13.600 was chosen as the distance between the top of the cup to the bottom. Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals. But considering the current climate, from inflation, poor energy plans, Russia etc it...