the market is getting pull back from the buy zone and should go to the sell zone around 1.0965 so you can set your stop loss at 1.0789
I just found this analysis i did on AJ, for a long, it is still looking good for further upward movement.
Looking entry at current price and a re entry at retest
GREEN Line (470) has acted as historical resistance twice Same GREEN Line (470) then became a strong support during end of 2015 GREEN Line (470) acting as support one more time now...I am highly bullish about trend reversal from this point. one may start accumulating.....next quarter results will be good too. Mid term safe target 700 ( 4 to 5 months) almost...
If price breaks over the 0.786 level, buy break out if not then wait for the pull back to price zone 0.98312 for a buy. Target price is 0.99844
Finally bulltrend. Check the related Idea to a old post I've created and the updates comments
A lot of demand is rising near 20 SMA and prior resistance wich now is support (blue horizontal line) Buyers will reveal if : prntscr.com If not, then : prntscr.com
Walmart held nicely at the .618 Fib level, but looks like it might drop down to the .786 fib level soon. Looking to buy some calls if NYSE:WMT drops to and shows support at $65.40. Any thought, ideas, opinions? All are welcome.
The trend is broken and we are in consolidation period. It is possible to go down a little bit, but finally it will come back very soon Thanks
1) WITHIN A BULLISH CHANNEL 2) RETESTING SUPPORT 3) RALLYING BACK UP OF PHASE 1 4) NEW LOW HIGH & More.. IF WE CAN ENGULF THE PREVIOUS 4HR BAR WE SHOULD SEE A RALLY UP LIKE, SHARE & COMMENT ON YOUR THOUGHTS.
after a successful sell, time to buy as GBPJPY 's gonna bounce on a monthly support. Let's put a buy limit on this monthly support that will be test. what ever the bounce 100 pips minimum to take.