AB
SAAB is not getting any loveThe main focus is as the comment describes:
"Testing weak support for the fourth month in a short period of time,
if it breaks I expect a move down to around ~ 260."
The second most important thing to be looking at is that it never really recovered from december lows, while the rest of the market went mooning to new heights.
Entering half of my intended position on monday, rest if monthly closes below 50 day MMA.
Spy inverted, looks very interesting.From what i gather here, trade on before supporting trend line break put, which willl start the B-C wave.
Where will C land, i won't know, but it will touch resistance trend line for sure.
This does tell me that the BIG short is defiantly near as we may be heading back to SPY@200.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
GBPJPY (H4)As you can see, the course has bounced off the zone. For now, we expect a buy. Possible goal is the 0.618 retracement.
XBTUSD BTCUSD 1ST BUYING PATTERN OF A NEW BULL MARKET?In H M Gartleys book his golden rule was to buy the first AB=CD correction in a new trend. BTC made nice gartley here so it "has" to be bought
if it fails will head down to form at least a butterfly at 1.1272
USDMXN AB=CD Pattern AB=CD formation on USDMXD with a retracement of 0.786 Fib pattern will also be valid if it touches the 0.618 Fib but not over you can enter at point C and put stop loss above the 0.618 Fib
EURUSD - Back to Back Bearish AB = CD Pattern It looks like a valid AB=CD Short Formation anyone else thinks it's a good idea to go short?
CARRIZO OIL & GAS INC Bat+AB=CD+Gartley Daily ChartVery harmonic stock, first bat pattern start at July, which completes and reverses nicely in Oct. The D point of the first Bat Pattern forms the C point in AB=CD. D point reversal also forms the X leg of the second Bat Pattern of which the A point completes where AB=CD, and sharply reverses. Price reverses off the .886XA in the Gartley Pattern which Fibonacci highlighting areas for TPs.
Any comments/Criticisms??
TWO REASON TO SELL GOLDFIRST, as we can all see ,gold has met the trend line resistant
SECOND, gold has just ended the AB=CD move, theoretically gold will have more space to the downward at the future
AB=CD completes, short NZDUSD.Almost AB=CD pattern completes and also price at key resistence, Preferably short after watching price action.
ABCD chart patternBuy at EPA line of Bearish Wolfe Wave pattern then take profit at target of ABCD pattern.
EURAUD: Looking for a Bearish RunIf we end up getting a LLLC here on the EURAUD, my prediction for the next place that we'd see some buying pressure at is down at the 1.5050's-1.4950's level.
As a buyer, that's where I would look next if I'm interested in trying to catch a pullback. If I'm a seller, then I'm looking for a retest of previous structure & a chance to hop on the downward move in anticipation of the level mentioned above.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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GBPNZD Scenarios1) AB=CD pattern completion at 1.1960 (1st chance to short)
2) Possible BAT patttern at the same level -also a DT (2nd chance to short)
3) Break of 1st minor trend line (3rd chance to short)
4) Break and retest the mayor trend line - We are in an uptrend so maybe the pair to check the mayor trend line and continue upward
Each trading setup has different rules about the TP targets and SL so make sure you follow them
