TomKirk

TomKirk Updated 

-42 Week Cup & Handle -Clear uptrend -Price has respected weekly 50SMA -Bollinger band squeeze daily 30 basis points of risk Buyer above 2.70 on daily closing basis

TomKirk Updated 

-9 Week horizontal range -Strong telecom sector with a lot of focus on the largest market share stock TLS, could help push this up -Earnings on 27th so the later into the week the setup takes to follow through, the less likely I will be to enter -Measured move to 4.22 Will wait for a daily low to set a stop against and will look to place orders for tuesday if R/R is good

TomKirk Updated 

-10 Day complex reversal -Bollinger band squeeze -Measured move up to 7304.9 but would not want to hold up till there 30 basis points of risk If asymmetric bet shows up will take it but will be in and out like its cold water

TomKirk Updated 

-21 Week Horizontal range -Post Great Financial Crisis trendline break pending -Weekly Bol band squeeze at this confluence of levels -Measured move 76.45 Classical charting patterns are always to be taken seriously when they form at key levels on a charts. These "launching" patterns can often be explosive with definitive implications once validated. Was...

TomKirk Updated 

Everybody is fixated on USDTRY rally at the moment. As impressive of a move it has been thus far, (and devastating for Turkish nationals) there could be some more strong dollar currency trades that can be taken advantage of, perhaps ones such as this; -10 Week Ascending triangle -Bolinger band squeeze/expansion on the daily -Boundaries are clear but not...

TomKirk Updated 

-9 Week horizontal range -Significant $150 handle -Responsive 50SMA on the daily with imminent 50/200SMA crossover on H6 -Measured move 68.47 30 basis points of risk planned Orders not entered over weekend in thin markets

TomKirk Updated 

-10 Week Descending triangle -Bol band squeeze into expansion out of boundary -Area to watch is 1.13650. May stall as is the level 200SMA weekly is situated -Measured move down towards 1.11790 Again, late post of trading plan as was playing golf. 30 basis points of risk

TomKirk Updated 

-6 Week Descending triangle (IMO, the most logical labelling of this pattern. Morphed from H&S continuation and could somewhat be defined as a horizontal range) -50SMA has tracked above the upper boundary in a definitive manner Daily -Bol band squeeze into expansion out of pattern boundary -Measured move down toward 0.71846 Short as of last night, did not have my...

TomKirk

-7 Week horizontal range -Significant test and failure to climb above 200SMA H6 -Breakout has occured with a tag of boundary on last candle -Bol band expansion -Measured move to 12.32 30 basis points of risk Am no longer constructive on crypto short to medium term

TomKirk Updated 

-Primary pattern is a 66 month horizontal range -Of which as an unmet target of 57.31 -8 day pennant in which I tried the long side of has morphed into a 5 week flag with well defined boundaries -Tight bollinger band squeeze on the daily -An attractive R/R 30 basis points of risk planned

TomKirk Updated 

-5 Week drooping H&S (2018-08-03 is the date for pattern symmetry) -18SMA showing pattern test and breakout potential -H6 showing a convergence of 50/200 with suppressed price potential -Long term trend line retest 30 basis points of risk planned Will monitor this week for an asymmetric risk/reward entry

TomKirk Updated 

-4 Day H&S continuation -A somewhat drooping abbreviation to the right shoulder -Measured move up to 8776.3 20 basis points of risk Pattern still not in my sweet spot to bracket my orders but will have a resting order in the market Likely order levels included Position management strategy for half, trend follow for the other

TomKirk Updated 

-16 Week double bottom measured move met -12 day pennant with horizontal boundary forming -On H6, pennant can be defined as a continuation ascending triangle and meets the minimum lower boundary two touch requirement to classify a continuation ascending triangle -18 day and 50 day MA pinching and providing support at current price -Existing non margin holdings...

TomKirk

-13 Week Rectangle -Price between 50SMA and 200SMA, further ranging anticipated -Would like to see some more weekly bollinger band contraction prior to upside break -Two out of line moves to the upside -Measured move up to 11.09 Will watch in the coming weeks Likely 30 basis points of risk

TomKirk

-4 Week rectangle developing -Gun to my head, I would say I have a long bias. Ideally, I would like to see another 2 weeks within this range to give conviction to a buy or sell Reasons to go long -Trend is up -Consolidation is taking place above November 2017 high Reasons to go short -One day out of line movement on the 19th July -A rounding abbreviation of the...

TomKirk Updated 

-12 Hr pennant -Strong momentum -17 Week symmetrical triangle with end around target of 9948 -TP just below @ 9916.5 15 basis points of risk Order levels included

TomKirk

-4 Week symmetrical triangle -Bollinger band contraction on the daily -50/200SMA bullish cross imminent H4 30 basis points of risk Buyer above 1.185

TomKirk

-4 week horizontal range developing -50SMA coinciding with upper boundary -Bollinger band contraction within the confines of pattern on the daily -50/200 SMA contraction with a posturing towards a bullish cross on H4 (these two moving averages have served as good support/resistance references in the past) -Measured move up to 0.615 30 basis points of risk Will...