gibbsys

gibbsys Updated  May 4, 2021

Trend: Bearish Structure: Pullback stochastic confirmation Plan: We have identified a level of resistance confirming the pull back. We also have stochastic confirmation of the continuation of the bearish trend

gibbsys May 3, 2021

Trend: Ranging Structure: Descending parallel channel Plan: Once price reaches upper trend line we look to enter short down to resistance level and 0.618 Fib level

gibbsys May 2, 2021

Trend: Bullish Structure: Ascending triangle, also support and resistance breakout Plan: We look for price to fall and retest the breakout from the ascending triangle. We see stochastic and EMA confirmation. TP set at previous high

gibbsys Apr 30, 2021

Trend: Bearish Structure: Descending triangle / breakout and retest plan: We have identified a breakout of resistance level and then retest verifying the resistance level. Look to enter close to upper resistance and trade down to previous low.

gibbsys Updated  Apr 28, 2021

Trend: Bearish Structure: Trend line/Short pull back Plan: We look for price to bounce off the upper resistance level. Setting TP at previous low and SL just above previous high We look for MACD confirmation along with stochastic. Could possibly read this as a trend line short as well.

gibbsys Updated  Apr 28, 2021

Trend: Ranging Structure: Parallel channel Plan: We have identified a parallel channel and seen price respect upper trend line. In terms of the trade we look to get in at a higher price then trade down to a resistance level or lower trend.

gibbsys Apr 20, 2021

Trend: Bullish Structure: Support and Resistance Plan: We have a stochastic crossover and possible MACD confirmation after a bounce off of lower support. We set TP at 0.618 Fibonacci level and SL just under previous lows.

gibbsys Apr 20, 2021

Trend: Bearish (short term) Structure: Parallel channel Plan: We look for price to either breakout, retest, and then move higher. However the more likely scenario being, we look for price to respect the upper parallel channel line and move back to the previous low. Again we await price action and MACD/Stochastic confirmation before entry.

gibbsys Apr 19, 2021

Trend: Bearish Structure: Support and Resistance zone Plan: We look for price to respect the resistance zone and make a move back down to either the 0.5 or 0.618 Fibonacci level.

gibbsys Apr 14, 2021

Trend: Bullish Structure: Wedge / Support and Resistance Plan: There are multiple ways to view this trade and I would wait for a definitive move either way before entering. We can either wait for price to break to the downside out of the wedge then trade it as a parallel channel or we can expect price to bounce of the lower trend line and continue the wedge...

gibbsys Apr 8, 2021

Trend: Bullish Structure: Parallel Channel & Support and Resistance Plan: We identify a parallel channel and a buy zone, we look for either price to respect lower channel line and bounce to previous high or fall further to the buy zone then move up. We need CCI and RSI confirmation people entry.

gibbsys Updated  Apr 8, 2021

Trend: Bearish Structure: Support and resistance Plan: We look for price to reject the resistance zone as seen on the chart. We await CCI and MACD confirmation before entering.

gibbsys Updated  Apr 7, 2021

Trend: Bearish Structure: Support and resistance also parallel channel Plan: we look for price to bounce off the upper resistance band and move back down to previous support

gibbsys Updated  Apr 7, 2021

Trend: Bullish Structure: Support and resistance + technical analysis Plan: We look for price to respect the support level it is currently trading at. Once it respects we look for CCI and MACD confirmation being entering the market

gibbsys Updated  Apr 6, 2021

Trend: Bullish (short term) Structure: support and resistance Plan: We've seen an MA crossover and price pull back to the highlighted resistance level. We expect it to fall slightly further then upon exit on the upside of resistance level we look to take a long

gibbsys Updated  Apr 6, 2021

Trend: Bullish Structure: Support and Resistance zone Plan: We have identified a resistance zone, we look for price to fall back into the zone (which it almost has) then upon breakout to the up side take a long.

gibbsys Apr 4, 2021

Trend: Bearish Structure: Parallel Channel, also support and resistance Plan: We expect price to hit upper parallel channel line and fall to previous low. We have MACD confirmation and exit on ADX down turn.

gibbsys Mar 31, 2021

Trend: Bearish Structure: Descending channel Plan: Sell on pullback