cdschultheis15

cdschultheis15

Hello, everyone! I hope everyone week is going well. Today, we are looking at a bearish 5-0 on the 1D chart with the NZD/CHF. Price is making its way down to C point measuring in at 1.618, which is also a very strong support and resistance zone for this pair. With price reversing at C point, we can look to place a position at the 0.50 retracement coming in...

cdschultheis15

Hello, traders! I hope everyone had a great weekend. I am PUMPED for the week ahead! Here, we have a bearish 5-0 pattern on the 4h chart with the CAD/CHF. The Canadian Dollar is looking bullish on all charts this week. With price beginning to reverse at the C point, which is a strong support/resistance zone, we can look for price to make its way up to D...

cdschultheis15

Hello, traders! Here we are looking at a bearish 5-0 on the 4H chart with AUD/CHF. As price continues the trend down to C point, we can expect price to reverse and make its way to D point. Risk Ratio - 1:4 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50

cdschultheis15

Today we are looking at a bullish gartley on the 1D chart with EUR/CHF As price continues its way down, we can look for price to reverse at D point, which just happens to be at the end of the descending wedge. Coincidence? I think not. ;) The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786

cdschultheis15

Good morning, traders! Here we have Ripple on the 4h chart. As price continues to the very tip of the wedge, one thing is for sure. PRICE. WILL. BREAK. Cryptocurrency is something I have been looking into heavily with my team at Six Figure Capital for the past couple week. Do you research, match it with technicals, invest/trade accordingly.

cdschultheis15

Today we are looking at a bullish alternate bat on the 1D chart with CHF/JPY. With price creating a lower low, we can expect price to makes it's way down to D point an reverse. Alternate bats are a powerful pattern, and indicate huge trend reversals. Risk Ratio - 1:6 The measurements for a valid alternate bat pattern are detailed below. B: 0.382 C: 0.382 -...

cdschultheis15

Hello, traders! Today, we are looking at a bullish 5-0 on the 1D chart with USD/CHF. With price breaking out of the descending wedge, we can look for the market to make its way to C point. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50

cdschultheis15

Hello, traders! Today, we are looking at TONS of confirmation with the USD/CHF on he 1D chart After the completion of the Bullish ABCD pattern, it looks as though price will be reversing at the 0.618 level. This is also confirmed by the Moving Average Indicator set to 50. Price will continue to go down in the days to come as long as price doesn't break out...

cdschultheis15

Here, we have a completed ABCD pattern with the USD/JPY on the 1D chart. Price has hit D point but seems to be stalling for the moment. We can expect price to make a break within the next few hours. Risk Ratio - 3:1 The measurements for a valid ABCD pattern are detailed below. AB: 0.618 - 0.786 CD: 1.272 - 1.618

cdschultheis15

Here we are looking at a bearish 5-0 pattern on the 4h chart with USD/JPY. As the market price has been moving down for this pair, it seems that we have reached a point of reversal. Signaled by a new higher low at B point (circled), this marks a shift in trend and also a completion of an ABCD pattern referenced in my related ideas. We can look for price to...

cdschultheis15

Here we are looking at a bearish 5-0 pattern on the 1h chart with USD/JPY. As price continues to drop this week, we have an opportunity for price to reverse at the the C point measuring at 2.24. This is the maximum extension for the C point on the 5-0 pattern, which continues to leave the opportunity open for profit. The measurements for this pattern are coming...

cdschultheis15

Here, we are looking a bullish bat on the 4h chart with CAD/CHF. With price breaking out of the top trend channel into the bottom trend channel, we can expect the market to make its way down to the bottom trend channel support line. Given the bat pattern and the support line from the bottom channel, we can not only get a better look at WHERE the price will...

cdschultheis15

Hello traders, here is a nice long term opportunity on the 4h chart with USD/TRY. With price making its way down, the completion of a bullish gartley pattern will create an excellent opportunity to enter a position with a 1:2 risk to reward. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786

cdschultheis15

Hello, Traders! Today we are looking at TWO COMPLIMENTARY PATTERNS! We have a bearish shark and a bullish 5-0 pattern on 4h chart with the USD/TRY. I literally just found these two patterns and that compliment the price direction of the market on my previous analysis referenced below. vvv Again, these patterns are not only running complimentary to each...

cdschultheis15

Hello, Traders! Today we are looking at TWO COMPLIMENTARY PATTERNS! We have a bearish shark and a bullish 5-0 pattern on 4h chart with the GPB/USD. With the completion of the shark pattern, we can expect price to reverse down the 1.2260 level That will then complete the 5-0 pattern and we can expect another reversal. With the projected strength of the dollar...

cdschultheis15

Here we have a bullish 5-0 on the 4H chart with the AUD/USD. After the big jump to C point, we can look to watch price retrace from the resistance zone and make its way down to D point. For even further confirmation, we are seeing the Golden Ratio 1.618 appear twice at B and C point. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618...

cdschultheis15

Today, we are looking at a bullish bat pattern on the 4H chart with the AUD/USD. After the interest rate increase from the FOMC, price has reached C point. With price getting close to the strong resistance zone, we can expect a reversal back down towards D point. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D:...

cdschultheis15

Here, we are looking at the USD/ZAR on the 4h chart. Price has broken out of the previous down trend. As price makes its way up, it has the potential to complete a bearish bat pattern at the 13.6000 level. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886