mustard

mustard

Possible completion of bullish Cypher pattern. Edit: Busted. looking for a retest of 1.80 now.

mustard

The bull move which began in April 2013 has reached a pivotal position. The CD leg of the move faltered at the 1.272 fib extension of the AB leg, following a classic harmonic scenario. The subsequent correction down has hit previous support at the 1.5000 price level. If this support holds then a retest of resistance at the 1.5890 area could follow. A break...

mustard

Events leading up to the daily double top justify a short trade. Bearish 3-drives type pattern, possibly only failed due to 'no tapering yet' announcement. Bulls failed to maintain momentum, identified by double top on daily chart. EW count suggests a correction is in progress.

mustard

Amongst several possibilities which may unfold soon. Long on a bounce at the 'C' point, short on a break of the LTL of the pennant. Be wary of false breakouts.