Ring my bell chart thread

After "rock my chair" here comes "turning spots", hopefully you enjoy looking at my charts and profit from it

Eur/Yen

zoom in Eur/Yen

with usd/yen supported at 9790* this wedge has reversal feature

Alright let's check the current resistence and calculate the profits

current price cable high 17552
low 16788 = run 764 pips

current price eur/yen high 14099
low 13214 = run 885 pips

current price dlr/yen high 10305
low 9790 = run 515 pips

current price gbp/yen high 18012
low 16592 = run 1,420 pips

others not included

Head and Shoulder alert!

geez will it work? cut an earlier post but decided to put the alert on right now, whether how it work out is yet to be seen

The head and shoulder failed miserably when it failed to break out a down sloping triangle! Alright let's check the current support and calculate the slope from the failed break out

current price cable low 16199
high 17552<>17628* = run 1,429 pips

current price eur/yen low 12688
high 14099<>14170* = run 1,482 pips

current price gbp/yen low 16121
high 18012<>18135* = run 2,014 pips

current price dlr/yen low 9940
high 10305 = run 365 pips


There is more to come base on gann# time line for now rebound is base on fibonnacci number

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Alright I got the full blown harmonics 15021<>22* for gbp/yen and dlr/yen at 9473* area. the question now is will the free fall continue from here? we shall see

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wow, what a quick fall. now let's check the current support

current price dlr/yen low 9112<>9099*

current price gbp/yen low 13958<>13894*

current price eur/yen low 11520<>11371*

current price cable low 15262

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good luck next week

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For the past few days I was writing "LIVE update" on cable at Pattern Trading Thread using harmonic technique price has now reached low 1.47 (14707*) using time we see gbp/yen at 13759* dlr/yen at 9352*

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the pattern of dlr/yen is that of an expanding triangle

the pattern of gbp/yen is that of a reversal

the pattern of eur/yen is that of a falling wedge

the pattern of eur/aud is that of a reversal 20555* inside gann setup

the pattern of gbp/chf is that of the harmonics exposed to the full fury at 17425*

the pattern of aud/dlr is that of a falling wedge and that of the harmonics exposed to the full fury at 06005*

trade carefully and good luck next week



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chart shows Expanding Triangle of dlr/yen



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I have left eur/yen out of the picture my mistake

the low was 11638*

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Alright let's take a look at some current resistence

Gbp/Chf 18581<>46* run 1,121 pips

Eur/Aud 19616* run 939 pips

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Time is not what i have in plenty alright let's look at dlr/yen expanding triangle price continues to pound at the supporting trendline door current low is 9115* .. eur/yen reaches current resistence 12271* with a triple bottom from 11588* .. and for the record cable new low was 14465* current high is 15080* at resistence door

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Touch and Go

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Touch and Go

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the result of this setup shown on graph

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cable is currently in the take profit zone .. 15647*<> 15680 .. after resistence door broke open at 15080<>15117* a further run of 567 pips // eur/yen broke lose the 4H falling wedge price currenly at resistence1 .. 12545*

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Nice to see another trader working with patterns

> its time to look at eur/yen resistence2 at 131

cable

the take profit zone at 15680<>15722* held. now its time to take a look at the current support in an expanding triangle fashion 14381* (run 1,342 pips) coincide with harmonic 2.618* and also that of gbp/chf 15110* all these in short time frame scenario

happy trading

Happy New Year

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