WE MIGHT HAVE A POSSIBLE BULLISH CYPHER PATTERN SETTING UP HERE. RSI IS ALREADY AT EXTREME OVERSOLD CONDITIONS AND ARE NEAR THE EXTREME OVERSOLD CONDITIONS ON THE HIGHER TIMEFRAME AS WELL
NKE Threading the needle off that upper trend line. Failing up here and overbought. watch that 104-103 level for a price target.
So the deal here is DO NOT TRADE THIS WITH ME. I have never traded a deep crab pattern , therefore i don't know how it is going to work and i have no basis to share with you, but this is a learning experience for all of us. I have placed my entry at some structure down near point D , it seems like pretty secure resistance, so i decided to mark that (in green) as...
Go long the USDJPY currency pair if it trades at 123.25 or higher. If triggered, place your stop at 122.44 and exit the position for a profit at 123.85 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Coming soon rules for this Simple Trading Strategies Donchian Channels #3 Watch and subscribed to video: www.youtube.com
Go long the EURJPY currency pair if it trades at 1.4005 or higher. If triggered, place your stop at 1.3820 and exit the position for a profit at 1.4132 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Watch and subscribed to video for rules for this Simple Trading Strategy RSI #1 Link: www.youtube.com
When trading daily, it's all about risk-management and the technical set-up, so here it is. After the double top last week, a bearish channel is being formed. Above 1.22/1.23 is a good short entry area with a stop at around 1.13, but definitely not exactly 1.13! T1 & T2 are the targets for the trade which provide again above x2.3 and x6 risk / reward respectively,...
Go long the EURCAD currency pair if it trades at 1.3904 or higher. If triggered, place your stop at 1.3736 and exit the position for a profit at 1.4050 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Watch and subscribed to video for rules for this Simple Trading Strategy RSI #1 Link: www.youtube.com
This is my trade hedging for the NZD/ USD trade, although this trade appears to be a bit stronger, being that the butterfly pattern completed in both negative deviations. So if this market respects the pattern , we should see a rally to the 1.618 extension of the BC leg. Limit is the 1.618 extension of BC Entry is the Point B of the butterfly pattern Stop is at...
WBA in a bear Flag pattern. The flag pattern is perhaps the most favorite For most technical analysis traders. Watch that 78 level, which would be the measured move. Wait for confirmation.
A simple strategy to decide whether the market is Bearish or Bullish. If the price trades below the weekly opening price (Monday) it is Bearish and vice versa! By using this strategy you can decide if you should look for long or short positions
Here we see a Gartly pattern with a respected linear regression, suggesting the market will rally even higher for Verizon. the RSI suggests that the market is not over bought and the linear regression shows an obvious uptrend as well as the Gartley pattern suggesting a move up, so i have decided to get in long. I have place my entry at current market price...
Nice bearish retest gap. Good R:R. Making lower highs.
$EVER closed yesterday 1.5% up with a nice long bullish candle. Broke the 200DMA on Tuesday, found support on Wednesday on the 200 DMA line, formed a double bottom pattern as you can see in the image below and buying pressure today should continue to take this stock to higher highs….
Possible ABCD Pattern to Point D for the Price Reversal Zone
FIVN closed down 1.62 % yesterday, - normal volume. Pivot off the 200dma closing with a hammer and got my attention. A nice strong uptrend, and looking for the reversal.