dinnersticks

dinnersticks

Hi all, Nice short opportunity for some pips on the hourly, the reason why I put a conservative target is because I am expecting some solid support, the risk reward here is still very nice ! Theres also a crab pattern on the chart, as I did not spot it myself here is a link to the guy that did: Goodluck trading :)

dinnersticks

Hi there, Possible bearish bat on gold, wait for bearish price action at D Goodluck!

dinnersticks

Hi guys, Possible head and shoulders pattern on gold, supported by the pitchforks and 61.8% fibonacci level. Sorry if its a tad too crowded ! Best of luck in your trades.

dinnersticks

Possible bearish gartley ! Wait for price action at D of the pattern goodluck.

dinnersticks

Hi All, The upper median parallel line got hit and we have bearish divergence, wait for confirmation in price action as a break would mean a long opportunity on the test of newly found support. I recommend using the 1h TF to confirm for an entry(Double top). goodluck!

dinnersticks

Hi all, After the gap price is seemingly getting back on its feet and is currently consolidating between the 50 and 61.8% daily fibs. I am waiting for a retest of the blue medianline to go long, only if it shows enough weakness. A close above the red median will mean we need to wait for a retest of it. What would be most valueble is a test on the confluence of...

dinnersticks Updated 

Hello all, Providing you with the daily view of my previous 4h view idea. The chart speaks for itself. Goodluck to all.

dinnersticks Updated 

Hi all, We could see a nice bearish bat developing @ 1.078 where we have a confluence of points. Risk - Reward is well over 1:3 for this trade with target @ B of the pattern. Happy hunting ! :)

dinnersticks Updated 

Hi all, I hope you are having fun with this wild pair. On the chart we have a bat pattern in the make with D approximately at 1.0666 where it will meet a proven trendline resistance. For me targets will be dictated by andrews pitchforks, each arrow shows the subsequent target. The last arrow going up shows a potential future long trade. The potential...

dinnersticks

Hi there, I normally do only Forex but wanted to try out my pitchfork technique on something different so I tried Tesla. I found a nice energy point, maybe price will retest and give another short opportunity on a lower time frame. Goodluck!

dinnersticks

Hello, I decided to go ahead and also provide the monthly chart as it might provide more information as to why I think it will head down towards 90 - 100. Cheers

dinnersticks

Hey guys, The chart says it all, more or less. I have a larger pitchfork on the monthly chart, price hit its median line @ 125.3xx and bounced off it. If we are destined to hit the lower paralel line we will see 90 - 100. Breakout to the upside could mean 130 - 140. I personally have bearish sentiment on the larger time frames and believe a move towards 90 - 100...

dinnersticks

Hey all, On the chart you see two pitchforks combined forming a possible symmetrical triangle. Should this pattern form we will be treated with a nice range to trade from and a breakout once completed. My personal target for the coming few weeks is 1.083, I have seen EW charts suggesting we are currently in wave 5 downwards which is likely IMO but a move up...

dinnersticks

Hello all, I am not going to call any trades on this. Feel free to give your oppinion about what is on the chart. Thanks

dinnersticks Updated 

Hello, On the chart I build two pitchforks from projected geometry, the bigger one show price blasted through the median line after which it slowed down. Now ticking against 1.520 at which we find a beautiful confluence of the fib .618 retracement and daily close resistance. The smaller pitchfork shows price tried breaking through the median line and found...

dinnersticks Updated 

Hello there, GBPUSD is seemingly building a symmetrical triangle on the daily chart. We are currently experiencing hefty resistance at 1.2552 and might fall down. Should resistance be broken the next resistance would be at 1.2556 at which a nice confluence of fibonacci, daily close resistance(blue line) and the 25% pitchfork trendline would be waiting. Should...

dinnersticks

Hi there, On the chart you see my perspective of the current daily situation. I believe we are building an ascending triangle which is a bullish pattern. Its likely 820 will be tested again and maybe even the area of 850 will be hit. We will then either break through and complete the daily head & shoulders pattern or we will go down and probably start forming an...

dinnersticks

Hi there, All info can be found on the chart except the fib confluence levels. I left these out as it got way too crowded on the chart. Have a good weekend and let me know what you think. Cheers