porterstone

porterstone

with bitcoin on a weekly fade, will pepe take a short term tumble to the 200 moving average? -20% coming?

porterstone

scouting possible retest 6:1 risk reward ratio a little too high timeframe for my tastes, trade could last 45 days, prefer 30 maximum and volume a little light so lower timeframes are a bit scatty

porterstone

15 minute short on extra space hit top of descending triangle, good risk reward if reverses here

porterstone

reasonable clean 15 minute pattern 1.5:1 head and shoulders autozone

porterstone

Generally cautious to take shorts with S&P in its cup and handle continuation pattern. Especially swing shorts over many weeks. However for a simple downside continuation trade the pattern is valid. Time stop should be start of November.

porterstone

equilibrium triangle buying third lows as part of methodology

porterstone

Just another huge bear market with an explosive capituiaton bottom, like the March 2020 one but bigger

porterstone

tight stop calling immediate breakdown due to shooting stars plus strength of DXY

porterstone

simple megaphone continuation pattern trend is your friend. looking for shorts not longs

porterstone

(chart inverted) Are the bulls back in control? Megaphone looking more like double bottom. Next windup is critical for bulls. Still unclear if head and shoulders is invalidated yet. Need to clear threat of megaphone before can call for a second pattern failure. If a second head and shoulder failure is true, would show very convincing weakness of bears long-term

porterstone

waiting on more information to see what pattern the market gives us possibly just a channel until Q3, need more information to confirm

porterstone

Three wave impulse on rising wedge still net long, but aware of this potential bear pattern in the short-term Invalidated if break top line

porterstone

beautiful cup and handle this is the perfect trade in that psychological sweet spot around $1 layer 1, FA on our side 20x written all over this one, looking for $5.XX harmony one

porterstone

inverse head and shoulders forming? if we get it, could have super low risk with expansive reward. Perfect setup for a 10x leverage trade with some meaningful size

porterstone

Short term remains to be seen We're talking about the slowest oil tanker of the lot here. Old man schiffy gold doesn't move quick. But on the macro we've painted a cup and handle continuation. The price action here represents the handle. Triple bottom possible support. Else continue down the channel til we break (or don't) Starting to keep an eye on this for...

porterstone

macro lower high on monthly, and now this rounded top resiting sloppily on support, poised to break Doens't look good short term Med-long term, gold has nearly completed its 10 year cup, and 1 year handle, ready to soar higher once the short term timeframe (weekly) confirms. Silver to eventually be dragged up by gold in the next 12 months.

porterstone

rising wedge, spill and downside continuation pattern pivot bear for now

porterstone

market feels buoyant yes it has been bull for 6 weeks now and starting to become due for some bear but feels like it has one push left in it also we are entering macro parabolic phase on $TOTAL2 which is very forgiving to bulls I usually trade patterns and long dips, not consolidations this high up, but the buoyancy of the daily chart on ETH, plus the...