stefanofolle

stefanofolle

Inversion pattern on strong resistance H&S completed and neckline broken Short opportunity on retest of the neckline Confirmation on 4H chart, descending lows on RSI TP on range Right Shoulder - Neckline SL above neckline

stefanofolle

The prices touched the resistance of the descending channel Confirmation from Heikin Ashi candles (green to red) SL above the last local HIGH TP 1 = 32 pips TP 2 = 48 pips

stefanofolle

Possible Head & Shoulders formation Confirmation coming from Volume Analysis: Left Shoulder Volume is higher then Head Volume Buy opportunity @ neckline breakout if the H&S formation will be completed

stefanofolle

Test of a very strong support on daily chart (false breakout?) If the support will be tested again, there will be a strong buy opportunity RSI divergence on lower swing low

stefanofolle Updated 

False breakout of the resistance USD currency index reached a good support and it's ready to raise up Stochastic oversold and crossing Entry @ 0.8860 stop TP = 30 pips SL = 20 pips

stefanofolle

Price collapsed due to Public Offering Huge investment on the company (24M$) Previous earnings were positive, growing business 4$ is a GREAT price Multiweek / Multimonth depending on TP

stefanofolle Updated 

Inversion on multiple bottom pattern R/R = 2:1 TP1 = 25 pips TP2 = 50 pips

stefanofolle Updated 

Inversion on Triple Top Pattern R/R = 2:1 TP1 = 50 pips TP2 = 100 pips