$REN I will be looking to short depending on Price action at the open. The stock is a previous runner where it managed to almost get to 9.00. However, following four days of solid volume with massive gains, the chart looks over extended and had fading volume.
I will look to enter on the open or possibly into the late afternoon to hold over the weekend depending...
Could go either way here, but i am swaying to the short side more than long! I will come back to this Monday
Target 59-58.30 area
Edit to add: I love this VPVR Indicator. Great visual
Price Action showing too much confluence that bulls on Euros are testing to break dailly previous resistance high. Fibonacci D Level Target Extension aligns with Resistance a A Level where price initially surged to. Price moved up Hit A and moved down and Hit B and moved up to create Lower High and came back down to hit Support (Double Bottom) price moved up...
Nice Nasdaq ABCD Breakout of Fibonacci D Level hitting targets, sl moved further in. that coincides with 1-2-3 elliiot wave move on price ABC, and the third completion of third leg range, 200 EMA is bullish and 13/21 EMA are crossed over well in advance and the bands are wide showing strong momentum. On multiple timeframe analysis Monthly/Weekly/Daily/4Hr all...
Too many confluence in Price Action. Entry triggered at 1.13000 9/10 on ECN cTrader... SL well within Profit area. Up 95 pips around. Trailing This Euro Up. ~ !
Breakout I caught last week at 1.13 psych level, now mapping price, this chart on EUR/USD, ABC Elliot Wave, confluence with ABC-D Fibonacci Extension Profit area which coincides with 18/9 Previous High, and 3 leg movement upwards, Also giving a nice momentum bullish with 200 EMA, and crossover of 13/21 EMA on 6/10. the overall chart shows swings higher highs and...
Already Long @ 1.13000 still riding it though on Eur/Usd, Price Action - Multiple Analysis.
NASDAQ ABCD Pattern forming in the flag, with AB-C Elliot wave to the upside, combined with Price Action Candles forming Higher Highs, and Higher Lows and Fibonacci Retracement and Extension, with extension D third leg to 1.618 which aligns with previous High with long...
Right now channel down perform to target level at gartley at 41.70, this point also as doube bottom pattern and january to february 2014 support level.
Consider this scenario failed if 55.65 bullish key level success break up at 55.65 as stop level.
And if bullish key level break up, check bullish scenario at :
Rightnow bullish keylevel almost touch, If this level break up, Ideal target at 60.48 (resistance level at july 2013, sept 2013, oct 2013, june 2014 and july 2014) with maximum target at 68.70
If the Bullish key level cannot break up, then check this bearish scenario :
Friends,
Screening $IWM through my predictive/forecasting model, the following three targets were generated:
1 - TG-1 = 115.52 - 04 JUN 2014
2 - TG-2 = 117.83 - 04 JUN 2014
and
3 - TG-Hi = 119.72 - 04 JUN 2014.
PREDICTIVE ANALYSIS/FORECASTING ORIGIN:
These forecast targets are defined using the same predictive/forecasting model that produced all of my...
