Strong signs of upward mobility, strong indicators of bear territory. Andrews Pitchfork Downward over the long term. RSI, CCI, Stochastic are showing reversal from bull to bear. Schiffs Pitchfork touch on the median, showing clear reversal over the next day or so. Touch on the 2.09-2.20 resistance region. Upper resistance at 0.618 pitchfan level. Upwards...
WMT is offering a very nice entry, after forming a new weekly mode, which implies the strong uptrend is seeing reaccumulation at higher levels. I'm looking to enter longs at market, at the open, ideally on retrace to the mid point of the green triangle on chart. Stops should be below 67.40, for example at 66.51, or using 3 times the daily ATR. Yield is very nice...
My data miner is showing high probability, based on last 20 years, of VOD going up Longterm neutral Andrew's Pitchfork at roughly 33.50; Shortterm schiff's pitchfork bullish (and below price action); Showing strong support/resistance at fibonacci levels ActionReaction showing a downtrend yet realized that should end around 4/22. Fib Arcs showing strength by...
USOIL WTI Crude bullish divergence in H1 possible targets 36.70 and 37.70 if trendline holds backtest
Might be H&S forming, but also could break higher. Not really sure right now, but it looks like a big move could be underway. MACD looks a bit unclear, CCI appears to be bottoming, RSI looks like it could rebound but near 50. New phone looks to be a bust, and is just meant to be a filler pre-7 release.
The Nikkei is showing an interesting setup. On one hand, there is a daily uptrend in place, but on the other hand, price is approaching the key area corresponding to the day when negative rates where announced by the Bank of Japan. This daily candle was followed by a higher low, which is labeled on chart as a key level, and then a heavy decline. As an interesting...
As you see there is a high structured consolidation going on on this NZDUSD pair. The consolidation is happening a lon time already, but this one seems extremely structured. Could be a good opportunity, or a pure technical failure.
USDCAD has confirmed a daily time at mode downtrend aiming for 1.30 as maximum target. I'm short from last night, using a discretionary entry ahead of confirmation in the daily, but I'll be adding as we progress towards the target and continue to be in the money with our position. Good luck if going short with me, remember to keep a wide stop loss, either ATR...
Bitcoin has smashed back into the new "downtrend line" from ATH. This 3 day uptrend is a solid trend continuation of the previous 3 day uptrend after a nice correction down to the $360 area. At this point the uptrend has serious momentum just starting. ADX has turned up, CCI is just above 100, and MACD histogram is accelerating into positive territory while the...
Trying out the simple pattern strategy and it turned out in this. Holding the position since yesterday evening, good luck.
A very nice set up for EURUSD is on the way. The market just began a downtrend and right now a pull back is trying to form. Let's wait and see if it will touch the 40ema, if it does I will take a short position targeting 30 pips. The market is below all the EMS which includes 20, 40 and 200 ema. Keep posted I will let you know once the signalis strong enough.
lOn an hourly time frame, AUDUSD has been in down trend. On 21st Jan at 15:00 the price crossed the 200 ema. This shows that its getting ready to start an up trend. Last night before market closed, it touched the 20 ema and nearly touched the 40 ema. CCI (20) is already at the oversold. We expect the price to continue in the uptrend, this is just a pullback....
I think it's worth it to enter a long in EURUSD now, and one if we break past 1.10056 as depicted in my chart. The stop loss for both is 1.0913. We have US GDP news coming and it's highly likely that the whole week continues to march up from this juncture. I'm right, which I think it's highly probable based on the DXY analysis I conducted and EURUSD's own price...
The previous analysis on this pair failed and led to a massive paradigm shift in the markets, which struck me with clarity. I'll look for long positions in this pair on any chance that I get. The quarterly chart has an uptrend signal that will confirm by year end's close, as long as it's above 0.9324. There's resistance above, let's see how price reacts to...
NZDJPY seems to be lagging AUDJPY, I'll be taking a short if it slides under today's low. The resistance to the left is pretty obvious. Let's see how it goes. Cheers, Ivan Labrie Time at Mode FX
In this chart I analyze the price action in USDJPY's weekly chart. It appears like we have formed a balanced distribution after the lowest low in the recent selloff. Despite this not-falling situation, rgmov continues to suggest the enviroment is overall bearish, so I'll look into fading exremes in lower timeframes, using CCI and Rgmov signals as...
Very clean detailed S/R x Fibonacci retrace analysis, 62.8% retracement occurring last 2 candles suggest bullish momentum is dying out! This trade for me is a channel trade, I use Fibonacci and S/R to add confluence. Please zoom out and examine these areas The diagonal channel is 3 - 4 months old and very valid and we have seen price already bounce off the top...
Two significant reasons to make a bullish bet on GoPro