


This "ranging" activity we've been seeing the last week or so looks like a lot of profit taking and position dumping, especially because of the strong wick action and failure to make new highs. The most amount of volume was traded at the two prices I have in red. I'm looking to short a harmonic that completes at the first red line, and ride it down to 38.2 I'm...
I think people are to eager, the public is short on the dollar, so therefore I am bullish. But, I am bullish for good reason. Shark Complete, Butterfly Complete. If we get a Daily close above 97.50 I'm bullish on the dollar the rest of the week. Pretty much up to 98.50 That should be POSSIBLY the high of the year, I'm Bearish DXY for the next 12 months, BUT I...
Keeping it simple, we have a Bearish ABCD pattern completing at a level of resistance. if this current 4hr candle closes below 121.00 then I will be looking to short to at least 119.50.
It all starts with price action. After a loss of downside momentum we have made a new high (purple) which indicates some bullish strength. It has also completed a shark pattern at the 1.13 which is great, this shows a new high has been made, but we could be due for the pullback now, before a new high is made. I will be looking for this bearish shark to become a...
Bearish Harmonic Bat Double Bearish Divergence in PRZ Two Bearish Engulfings. I entered on the second. Target is $1530, but I will slide my stop down along the way, lets see if we can reach the 38.2% first. -
Chart explanation: This run has to end some time right? From a technical stand point we've seen such a long run from gold because it really had no resistance to fight against. This is really the first time since the spring that it will be battling some sort of weekly or monthly structure from the past. I used the bigger time frames for this analysis but it...
Looking for a 1k pip drop on this one. Price is making lower lows and lower highs, In order for this to qualify for a set up we need to see price climb up to the red region, and I want to see a failed attempt to break 1.8300-1.8400. This will show me the bulls are practically dried up in respect to the time frame and we could be prepared to see a move down (wave...
If this move fulfills it can happen very quickly, within a year.
This is a very simple setup, nothin' crazy. It doesn't take a rocket scientist to determine we are in a bullish sentiment overall with this pair, however, the daily is starting to give us some signs of slowing down which gives me more confidence in taking a short setup on the smaller time frames. The variables for this setups are price, ema's, resistance, and...
o keep it short, what we have on the left is a rotation (blue and red arrows) This is where smart money built a position over time, when they finished building the position then pushed price down (refer to chart) This shows me that the big players were bearish , so I'm looking to sell with them when price comes back to $10,281 region. I have drawn two...
To keep it short, what we have on the left is a rotation (blue and red arrows) This is where smart money built a position over time, when they finished building the position then pushed price down (refer to chart) This shows me that the big players were bearish, so I'm looking to sell with them when price comes back to $10,281 region. I have drawn two scenarios...
Head and shoulders with a point of control entry, take profit is ABCD of the head
Ripple Triangle, I'm only taking the short for this because it is bearish sentiment on the daily and my ema's still say downtrend on the daily. Even though BTC is going up, the minor cryptos haven't really changed If we get a break, I'm looking to enter off the retest at the point of control (blue line) this is where the big money is sitting. They are the ones...
This is an Update on my previous BTC analysis, The buy zone was at $9k. We are look for a breakout, if that occurs I'll be looking to buy a pullback around $10-$11k and hodl for $15k
From the swing high of wave 2 measure to the swing low of wave 3. The .618 fib for that move lines up at 1.12200. ALSO, if you look at the volume on the right side of the chart, the most volume occurred at 1.1216 or so. The poc of control can also act as a form of resistance. And lastly, we have the bearish trend line that starts from the head running through...
Sp 500 Short Setup Reasoning: -Bearish ABCD Completion -Bearish Shark inside of it -1 Hr Uptrend already looks extended -Bearish Divergence on the Daily -Volume dropping on the daily Market is telling me to sell. Entry Trigger: Aggressive- Sell Limit @ 3026 (Shark Completion 1.13) Conservative- Wait for price to cross the Ema and break trendline...