WindhorseTrader

WindhorseTrader Updated 

$PLCE has had a good pullback from an otherwise consistent downward trend beginning long before the recent market crash. After a gap up it's been consolidating over the past two weeks. The Elliot Wave oscillator has pulled back to between 90% and 140% and stochastics are in the overbought zone. If price can close the gap in the next few days, a sensible entry...

WindhorseTrader

This high performing clean tech stock is on sale for almost 50% off. While a move toward the lower supply / demand zone at $30 would be ideal, a @tradethefifthcom Rollercoaster signal has appeared at around the $40 mark. Scaling in at $35 seems a good place to start, either adding on at $30 or $40. NASDAQ:ENPH

WindhorseTrader

GC has fallen out of the daily channel it has been following, while remaining in the upper half of a downward 240 min channel. On the hourly TF, it has just crossed over the center line of that channel on a 3rd wave. There is a lot that needs to happen for a valid 5th wave to occur, but two possible scenarios are portrayed here: 1: Price continues toward the...

WindhorseTrader Updated 

CL has found resistance in its 4th wave pullback at around the $34.50 - $35 mark, coinciding with the uppar limits of Green Pullback zone. If it holds, all indicators point to a downward move below $28, with two significant points of resistance along the way ($30.13 and the previous low of the curve at $27.34.) An aggressive entry would be just below $32.50....

WindhorseTrader

The ES is currently in a daily bearish pennant formation which coincides with a 4th wave retracement on the 240 min time frame. While price retraced into the "Red Zone", other indicators still point to a short trade at either the break of the bearish pennant pattern (around 2905) or the taking entry at the BITS signal which has formed just below it (entry at...

WindhorseTrader

CL has been following a downward trend within a daily channel and has been honouring upper and lower bounds of a channel since the beginning of this year. Currently price has returned to the center line of the channel after completing the 4th wave and is currently on a fifth wave move with a projected target around $42, which coincides with a strong daily supply /...