NYSE:UHS UHS has a long way to go to hit it's target and I'm excited. I hopped in on Friday and I'm ready for it to run up.
Signal: 61.8% retracement Confluence: Exaggerated Divergence Confirmation: Dragonfly Good luck to all trading EUR/USD !
EURAUD at this point isn't presenting any clean set ups that fit my strategies, but here is how I'm reading the PA Monthly: Rejecting support at 1.6100 Weekly: Not clean PA, price as been simply falling for about 2.5 months. Daily: Very messy price action. Overall, price is sitting at a support level of 1.6250 Intradays: Price is in a bit f a triangle for half...
This pair has very nice higher time frames. Looking to take this short, technical line up, additional confluence is my DXY bias, posted earlier today. There is no setup here yet that fits my strategy, still waiting for development at this point. Monthly and weekly chart show price rejected strong downward sloping trendline and also retesting previous support as...
AUDJPY has pulled back to where we started off the year, rejecting 76.00 as resistance once again. The weekly PA shows us at the break above the 50 ema, and we've currently pulled back to it, and finding support at the ema. On the daily PA is finding resistance at 74.40 which is a strong Support/ Resistance area, and yesterday we formed a nice daily hammer...
This is a pair I have been waiting on for a very long time, has the time finally come for it to pullback? Looking across many currency pairs, it looks like the GBP may be strengthening over the next little bit, while the AUD is sitting at areas it could drop from. Monthly on GBPAUD closed as a strong bearish candle Weekly is sitting at the next support level...
Not a trade that fits my strategy, just my opinion on how I see EURUSD potentially playing out in the near future. Weekly : We are rejecting a zone I drew in 5 weeks ago, and we seem to be breaking out of it to the downside. Daily: isn't very clear, but the way I'm reading it is we're finding resistance at the botton of the zone at 1.300 4 Hr chart giving a 3rd...
AUDCAD has been moving in a range for almost a month now. With 0.9420 holding as strong resistance! Price has failed to close above this level every time is attempts to. June has closed as a monthly candle rejecting the 50 ema and 0.942. Weekly candles don't look very clear and the Daily is clearly ranging. We need to understand traders have been trying to...
With NFP news coming out in about 2 hrs, it'll be interesting where/if the news takes the DXY. My personal bias is to the long side. From technicals on the chart we can see: Weekly: We're sitting at major support of 96.50 with multiple rejections of this area. Daily: Price is clearly forming higher lows and if we get a bullish push today, we'll have a confirmed...
Looking for EJ to form Right Shoulder on the 4H. 30-40 pip SL depending on 4H candle close with 100 pip TP. Very simple no need to complicate things. Pip Hunt Safely.
Stop Loss: 121.25 Entry Point: 120.84 Target Profit : 120 Do not hesitate any question for clarification. Good Luck!
as we all know ACTIVISION has been in a traiding rainge for a while now and it is pridicted to exceed the 75 border wich will creat a new downtrend stay tooned we recomend to sell NOW
The Point D completion on the bearish butterfly, if the candle closes above the consolidation zone it can be a warning sign. Let's see how the candle close. If the candle break and close above it I will be looking at the reaction on the Resistance level, if breaking and close above of it may cause me to close my longer-term trade(link at bottom)
Woooo. Finally a break and close above the resistance and this confirms a bullish flag trading opportunity. The Bullish Bat pattern was spotted on the Daily Chart as early as 8 Jun 2020, patience is required when you are trading on a higher timeframe. When we are new in trading, often not we engage 1 trade and look for the next product to trade, in fact by...
The completion of the bearish butterfly pattern, I'm waiting for a shorting opportunity, the nice thing about this formation is that the Point D completion is at the previous resistance. The not so nice thing is that it is not at the furthest end nor it's a trend trading opportunity. Candlestick pattern confirmation is important.
USDJPY doesn't have a distinct trend at the moment. If market consolidates within the red box I will be waiting for a shorting opportunity. A break and close above the red box then I'll wait for the market to travel to Point D for a shorting opportunity.
A bullish bat pattern came closer than last week, I will be waiting for candlestick pattern confirmation before engage the trade as a counter-trend trading setup. Take note that there is 2 support level that is close and lower than X, being aggressive on this trade is not advisable.