TheGlitch

TheGlitch

I am waiting for the price to break and close above the resistance of the pattern. Keep it simple.

TheGlitch

Major Falling Wedge + Potential Ascending Triangle + Cup and Handle pattern. Wave 3-5 in the Ascending Triangle are forming what "could be" a Cup and Handle pattern. The pattern is valid only if the price breaks and close above the resistance. Will trade this based on the rules. The dream: Trail stopping and scaling in.

TheGlitch Updated 

Wont present my stop-loss. Elliot Wave Theory stockcharts.com

TheGlitch

Wont post my entry. Post exits after confirmation. Remember to adapt if these plans change. stockcharts.com

TheGlitch

Note to Self

TheGlitch

4hr chart clean Ascending Triangle: Stop-Loss: On the chart. Entry: Either on the 20EMA or the break of a pattern through resistance 1. Exit: Trailing the dips. Holding till I get stopped out.

TheGlitch

NOTE TO SELF: This stock is pretty much moving under the radar due to its low 30 day avarage volume. Looks like a strong uptrend though.

TheGlitch

NTS: Self Explanatory.

TheGlitch

*Adjusted from a "wedge" to a "down channel" pattern. *The Support of the channel pattern meets the 61.8% fibonacci support.

TheGlitch Updated 

Flagging.

TheGlitch Updated 

Watching.

TheGlitch Updated 

Volatility at its best.

TheGlitch Updated 

The ultimate break out is of course at the all time high but it now breaking out of a Bull-Pennant. Crazyness...

TheGlitch Updated 

Wow wow wow. Did not enter yet. I hope the price picks up the order at the dip but if it doesn't, there is always the ultimate entry - the break-out. These are a few stocks that I also like to trade when Bitcoin and Ethereum are bullish - $BTSC, $GAHC, $BITCF.

TheGlitch Updated 

I like the consolidation periods.

TheGlitch

Lets figure this out! Drop in with some ideas... Almost started a small $SPY put position today but checked my self - due to PPT. $$ is tanking too.

TheGlitch

Entered $17.62 (a bit undiciplined) and will stop out at $17.42. If it actually do break out, i'll build up shares from $17.78 and hopefully cash out at $18.45. Current Pattern: Bull Pennant.

TheGlitch

I would appreciate if the price made a confirmation retest at the support of $15.5 (thats where i'd enter). I would also wait for the price to test the high a few times and enter on the break out if the price doesnt come down to the support level. *If it goes against my trading plan, I'd stop-out below the support of the Flag Pennant.