dionvuletich

dionvuletich Updated 

Dovetailing into Anilmangals earlier post today... There is also a bearish butterfly pattern around the 1.3600 level so any bearish indications there would potentially open up a low risk high R:R trade to the downside possibly down as low as 1.2340 or even 1.1673 longer term Watch the Cad space, likely to move inversely to Oil (which means look for clues to go...

dionvuletich Updated 

CADCHF Daily Cypher

dionvuletich Updated 

CHFJPY Daily Cypher 1 or Cypher 2? Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern, However stepping back one degree you can see the Cypher in Orange is valid... Which one would you trade?

dionvuletich Updated 

Already long... looking for targets around 38 - 46

dionvuletich Updated 

Weekly cypher + butterfly level, currrent candle is yet to close but I may hunt for a shorter term entry long if something presents itself Longer term I would be more comfortable buying a bit lower around the 170.75 level but this is still a valid combination of patterns Only problem is because it is a weekly chart the pip/ dollar risk is quite large

dionvuletich Updated 

In the zone, current candle is yet to close, but if small and bullish it would be a good sign for a short term rally Aggressive stop would be just below pin bar, conservative would be below the 113% extension, Reward to risk wise I prefer the aggressive entries while giving up win% in the process in return for higher reward to risk ratios... Reward to risk would...

dionvuletich Updated 

Bit of a rough one amd not overly keen on buying here as R:R is too low for my style Would be better to buy at 0.6900 with a tighter stop (i.e. BAT pattern) and increase R:R Not in this one but there it is.. My ideal situation would be to see it bounce a little from here and then break lower to 0.6900, by which time it will be divergent on the RSI which I would...

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S&P500 Daily Bullish Bat Pattern 85.4% retracement

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DAX Daily Gartley/ Bat Levels Would prefer to buy a bit lower around 9557

dionvuletich Updated 

Similar to other worldwide indices - there is a potential gartley buy pattern setting up right now on the Nikkei 225 index, if it rallies from here it could easily head to 18146 and beyond to 18800 and possibly back to 20428 Using an agressive stop loss in this case to maximise R;R and minimise risk, as the difference between my normal stop level and the...

dionvuletich Updated 

Looking for a position short at 1.4630 - 1.4660 Running into significant resistance there - including: 1) Bearish gartley pattern 78.6% Retracement 2) Clear 5 wave advance with 5th wave fibonacci extension cluster level 3) Supply level 4) RSI overbought >78 Also suggests that Crude has a little more to lose... which is also forming a 5 wave decline as per my...

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Fading a breakout to get a better entry long on the long term H&S pattern There should be some support around 0.7341 = 38.2% retracement and 0.7300

dionvuletich Updated 

Notes on chart

dionvuletich Updated 

Scaling into my long position on Gold... looking like it will test 1159 fairly quickly

dionvuletich Updated 

Notes on Chart... Long and looking to sell at 0.7380

dionvuletich Updated 

Gartley + Bat levels at a retest of a monthly tweezer top level... looking to sell around 1.02 and 1.0260 levels

dionvuletich Updated 

Looking for higher levels

dionvuletich Updated 

Broken out of rounding bottom on Daily Chart, already long... looking to scale in for higher levels