The daily chart has crossed the 14 EMA line and will try to change the down swing into an up swing. Today´s candle is making a retest. If this holds we will start going up. The 4h chart is showing the same reaction. Entry after trendline break or a buy stop at the top of the actual candle.
It seems Time Warner Inc may be suffering the result of it's Turner Corporation's CNN being associated with #Fakenews and the terrible #CNNBlackmail scandal? On the technicals, in my opinion, on the 15 Minute and 1Hourly Charts, we can see a clear swing from a strong resistance area / flip zone, after a Elliott impulse wave on the subminuette period, going SHORT...
AUDUSD testing descending trend line also EMA is crossing. Rate decision,Trade Balance,GDP report will show clear direction of aussie keep an eye @ this level
It seems we may have a confirmation of the end of a Wave 2, ready to trade a Wave 3 LONG. TDI in this instance shows almost oversold position and would correspond directly with the price action and structure. The Mustard, Ketchup, Mayo and Blueberry EMAs have also all crossed (note Crossing of Ketchup and Blueberry EMAs) suggesting an imminent reversal to go...
Price is in an descending triangle on the daily. We've broken the counter trend line and are now back below the clouds. 50 EMA recently crossed below the 200 and we have rejected the 38.2 level and are headed down. Waiting for a break of the 0% level and a previous low wick for confirmation to take it down the he daily level.
been shorting since 122 levels short again @117.833 predicting breakout on 4h . SL@118.195 tp@116.146
Just spotted not a traditional but effective ABCD pattern. I will take Buy entry when 5EMA crosses 10EMA and my first TP will be 23.6 level of Leg AD and second TP will be 38.2 of Leg AD. Nice Risk reward. Hoping Well
#ACAD - ACADIA PHARMACEUTICALS INC - SHORT AND LONG SWING HAD SOME GOOD SWING GOING ON HERE WITH THE 50 EMA CROSSING 200 EMA AFTER BOTTOMING OUT AND CLOUDS DIVERGENCE ABOVE THE KUMO SOME MORE SWING DOWN AND UP BEFORE WE TEST THAT RES / SUP LEVEL AND FIND A NEW CHANNEL UP
Bitcoin continues its technical breakdown. On the 1-day chart the 50-day EMA has crossed below the 100-day EMA. You'll also notice Bitcoin price has dropped far below the 200-day EMA as well. In addition, Bitcoin has fallen below the Keltner Channels, which is something I had mentioned as a possibility in the past. On Balance Volume (OBV) is at an extremely low...