SPY appears to be in a short term H&S pattern. It may reverse to $38 area to form the second shoulder & that will be place where we would look for shorting opportunity. At the break of H&S it can decline to $233-34 area. * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Possible Head & shoulder formation Entry Target Criteria- Break of...
GPRE seems forming a Long term double tap Head & shoulder formation. It also has a lot of insider selling. Aggressive trades may want to enter into Short trade now, but we would like to wait a bit for perfect entry. * Trade Criteria * Date first found-March 16, 2017 Pattern/Why- Long term double tap Head & shoulder Entry Target Criteria- Break of $24 or...
Short EURNZD, fib tested, take profit as shown.
STAY seems breaking down from a rising wedge formation. Moneyflow was diverging & now crossed down to negative side. We think it can decline all the way down to $13 area. * Trade Criteria * Date first found- March 9, 2017 Pattern/Why- Rising sedge formation Entry Target Criteria- Break of $16.27 Exit Target Criteria- Momentum trade, up to $13.00 Stop Loss...
take the s.l above the blue zone, our first target is near to 1220.04. Hope you guys enjoy
After USD news there is high impact CAD news from last resistance market will fall and break down and getting short. instructions: timeframe 1h
Hello traders, My Analysis on GBPUSD is I think It will break the 23.6% Fibo Level, so If it breaks and close under the 23.6% level I will be short on this pair with 1st Target of 1.20785. #TradeAtYourOnRisk #GBPUSD #SHORT
Short this pair. retested both trendlines and is ready to go down again.
Gold reached a resistance zone. We will ride XAUUSD down to the support zone wich is drawn as a blue square in this chart.
SLF seems breaking down from a rising wedge formation. Good moneyflow divergence. We think it will decline from current label & it can easily decline to $36 area. * Trade Criteria * Date first found- February 2, 2017 Pattern/Why- Rising wedge breakdown Entry Target Criteria- from current label or retest to resistance around $39. Exit Target Criteria-...
NASDAQ: AAPL has finally reached a resistance line around 132.40. AAPL has reached these levels over a year ago. Does this mean apple may fall? Yes it could, but it might finally reach an all time high soon. I would stay neutral for now; leaning more to being bearish. Check it out!
Big down trend in 4h probably goes down to 112.500 after retraces and goes deep down to 111.200 - 100