DATA broken down from a long term upward channel & seems breaking down strong support area. It has strong insider selling at this price. We think it has very strong downside potential. * Trade Criteria * Date First Found- November 15, 2017 Pattern/Why- Upward channel breakdown short Entry Target Criteria- Break of $69.63 Exit Target Criteria- $64.33 Stop...
"Dollar steadies after solid U.S. data" www.reuters.com
"Wall Street falls with energy shares; tax angst weighs" www.reuters.com
Flat topping over the last 3 weeks and now looks ready to breakout of that pattern.
Fundamentals: Interesting article www.investing.com Especially this graph: d1-invdn-com.akamaized.net Technicals: Impulsive break of 23$ with steady volume picking up, dips will be very good supported. There is a great chance that we will see another leg higher into 30$ for a gap fill. There is a big chance that this correction is over, and the next leg has...
The long blue wave was formed at m30/H1 time frame and once successful, it will become the natural part of the major yellow structure. As the bulls have been keeping pushing this pair up without significant resistance since 11 May 2017, the minor pattern has good chances to succeed even though currently it is not being supported by RSI divergence/volume/data. I...
When we look left we can see interesting similitude let's see ** this is just observation **
Sterling looks to be capped at the most recent high of leg D of this Black Swan pattern, even with the pressure of negative CPI data and tensions with the east the DXY is looking to extend some upwards action with US yields data. Sterling on the other hand doesn't have much to stand on as most of the upside momentum has been delivered from US data and news. ...
Too early for investing. Trouble there at EMA50. If support fails, S1 Pivot likely to tested for support. Should bulls rush in, P Pivot will be tested for resistance. One possible trade scenario. What matters is your plan and your rules.
to continue. If so, it will hit round numbers on the way down. If it is too sudden, it may chop some before testing prior lows. Obey your rules.
Self-explanatory until it hits the 2nd support line.
WARNING: Tomorrow is a massively important day for short holders. Firstly it is important to note that there is very big spread between December ($3.066) and current contracts. Furthermore, tomorrow invontory data is released. If you see December contracts gapping down tomorrow that is a very bearish sign and could indicate that there is a short opportunity...
The Risky BOJ front run trade using CPI inferences - I find it very interesting that the BOJ is releasing ALL of its key economic data (minus GDP) before making the easing decision, especially as we have already had CPI data this month so we will have an 2 CPI releases in one month which ive never seen happen before (CPI from JPY is usually due next week). -...
THIS REPORT IS IN TEXT ONLY. CHART DATA CONSISTS OF SESSION LEVELS COUNTED EARLIER, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS Volume Call / Open interest Call / Level 8 / 628 / 1.31850 0 / 1257 / 1.32010 1 / 499 / ...
Volume Put / Open Interest Put / Level 0 / 332 / 0.95500 0 / 205 / 1.00000 0 / 218 / 1.01000 0 / 237 / 1.01500 0 / 245 / 1.01995 0 / 232 / 1.02495 0 / 320 / 1.02995 3 / 256 / ...
THIS REPORT IS IN TEXT ONLY. CHART DATA CONSISTS OF SESSION LEVELS COUNTED EARLIER, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS Volume Put / Open Interest Put / Level 0 / 1527 / 949.90 0 / 980 / 969.90 0 / 1332 / ...
THIS REPORT IS IN TEXT ONLY. CHART DATA CONSISTS OF SESSION LEVELS COUNTED EARLIER, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS Volume Put / Open Interest Put / Level 0 / 10 / 20.00000 0 / 27 / 19.04762 0 / 81 / ...