Possible play here if the trend continues going up. The biggest issue we have found currency is Bitcoin, what will that do over the period of time. Nano had a heavy correction but has turned recently, could the trend continue? Keep a close eye on it and if it breaks above the resistance over the next 12-24 hours. It needs support.
After the customs tax news yesterday, it had been a steep loss on USD against JPY. Today I expect a bounce back from USD. At least to the levels between 107,787 and 108,998. RSI may start to show uptrend on hourly chart shortly.
Last Support level has been successful. Chart primed for an easy run up to 200 DMA @ 15.86. Expecting this new leg to visit 19-23 area given the positions of the SP, current indicators and direction crude has been going.
Potential for bounce up in symmetrical triangle pattern after bullish falling wedge has formed. Key supports to watch : Support @10325 USD - if candle close below this support, trade is invalid. Triangle bottom line - if candle close below this support, trade is invalid. This idea is for educative purposes.
BTC 1hr chart looks like its turning bullish but now we have all the resistances to work back through keep an eye out for the previous resistances and my other ideas are back in play. Be careful out there!!
AAPL is now below 60% of its shares held by Institutions. Dark Pools continue to slowly rotate out of AAPL, even as the stock bounced up on corporate buybacks recently.
PayPal broke to the downside, then bounced up on a strong upside market day. However, the gain of the bounce is weaker in volume and price pattern than the previous downside black candlestick. It has weak support to the downside all the way to the red line.
Nvidia has bounced up from a slightly higher low than its previous low. This may result in a bottom formation developing slowly over this summer.
Entry :1.30186 Tp:1.30510 Quote of the day:”Be patient and tough; someday this pain will be useful to you.”
ADA is crossing "BUY ZONE" right now. There are few potential bullish signals forming on graph. 1D chart RSI divergence: Bullish MACD Golden Cross forming: Bullish Bounce from strong support zone between .382-.5 fibs. TP1: 1520 TP2: 1700 TP3: 1950 Stoploss: 1150 (if drop down from green channel) *This idea is for my own educative purposes only.
Hi there Halliburton Company (HAL) has shown a clear and strong support at 30.00 and could very well bounce right back up to 50.00 or even 55.00 The MACD, Parabolic SAR and the Williams market buttom finder are all indicating bullish momentum. Since this is a fairly long term trade it is necessary to look at the fundamentals aswell. With a PEG ratio of 0.63 and a...
Reasons I bought 1. Currently bouncing off of a weekly support level which is also respected multiple times in the daily timeframe. 2. Zacks rank: 1 strong buy 3. Also bouncing off 50 sma 4. Solid risk reward ratio about 1:4 or more
HTZ has been trading around its 100 day moving average since the middle of January. This average should serve as an important level of support over the next few trading days. Looking at RSI (2 period, 90% and 10% upper/lower bands) HTZ tapping that lower band at 10.79% at today's close. If support can hold up, HTZ might be ready for a nice little bounce. Long...
In his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60 Also check +DI and -DI on their way to cross and RSI heading upward in a channel. I hope my analysis is useful for your next trades Don't forget to hit the like button, I really appreciate...
Bitcoin has been in consolidation during the holiday weeks and showed some improvement by the end of the weekend. And it showed a good uprise and is now testing its resistance and support levels. We might see bearish influence downwards upto 3850-3900 USD area and if bears can continue pentrating and broke the resistance we might see another leg down movement in...
We are ending now 5 waves down and I´m waiting for big bounce between 2800 and 3000 USD (BitMEX price). Put your long orders between 2800 and 3000USD. One of the most important support, Elliott Waves, Harmonic pattern CRAB, psychological zone and lower sell volume gives us BIG PROPABILITY for big bounce UP.
Hey tradomaniacs, Do I go out on a limb or is it technically really time to see a retracement? I know, Bitcoin is pretty unpredictable and manipulated. The huge sell-off disapointed a lot of cryptofans and forced many traders to sell all what remained. But I see a good chance to make some back before we continue the sell-off! For all holdlers - Relax..it`s...
EURGBP Timeframe: 1D Direction: Long Confluences for Trade: - Price close to support of Parallel Channel - Price close to Horizontal Support Trendline (since May 18) - Stochastic Overbought momentum (D1 & H4) - Gap between 8EMA and 50EMA very wide - Fundamentally, Brexit story continues. Suggested Trade: Entry @ Area of Interest 0.8660 - 0.8715 SL: ...