Gold has broken down and should hit 1201 next week. But in very near term it's staging a minor rally within what is now developing into a medium term downtrend. Levels to watch today. PLEASE check CRB index comment if you trade Gold. It will help you understand and stay on the right side of the bigger picture...
IDTI is in our watchlist for quite a while. It has very high price to chase-flow ratio. It also has good insider selling. It seems rolling down & it can be a good short if it breaks down. * Trade Criteria * Date First Found- May 4, 2017 Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling Entry Target Criteria- Break of $22.73 Exit Target...
PAGP is looking a very good Momentum short setup. It seems broken down from a falling wedge formation. Moneyflow also had a strong decline to the negative side. We think it will be a good momentum short trade up to as low as $15. * Trade Criteria * Date First Found- May 4, 2017 Pattern/Why- Wedge breakdown momentum short. Entry Target Criteria- Break of...
Alternative expression of individual short USDJPY and AUDUSD short.
JUST WAITING FOR MORE DAILY CONFIRMATION. THE MARKET IS SIDE-WAYS FOR NOW.
I think that the uptrend is coming to an end and bitcoin will start a downtrend now. I will be watching for reversal of this and possibly buy in again.
the chart has tested a significative resistence level and now it's time to enter in market with a short position 2 levels of take profit. anyway there is a good ratio of r/R >3
Price is nearing prior highs which need to be broken for trend to change to up. Until then a short bias should be respected.
There market is trending on EURAUD on a daily chart. It makes Lower High and Lower Lows, which means going downtrend. Currently, it is closed to its previous high and it is more likely that market bounce it back and continued downtrend. Moreover, Gartley pattern apprears on Daily chart, which increases the probability of this trade to go short. Also, there is a...
ECH seems building some momentum to the down side. It is a basically short on CHILE. we are watching it for potential shorting opportunity at the break of 50SMA ($42.77) Please check back for Trade updates. (Note: Trade update is little delayed here.)
CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A...
Taking an extremely small short position here on USDJPY just to dip my toe in the water. USDJPY is still a falling knife at this point and neither fundamentals nor technicals suggest an immediate reversal to the upside in my opinion.
Sorry for my Head and Shoulders analysis completely wrong i cant delete it .First of all, the downward trend has to be passed completely. RSI is weak now too.If USDTRY can break MA20 too, we must do other technical analysis.
Following latest reports from French Presidential Elections Current situation with North Korea Brexit, Possible Frexit... Both DAX and CAC are at highs and looking for reversal for longterm downtrend
Longterm Short after opening gap for DAX "Ger30" same scenario with CAC "CAC40" Remember to follow French Presidential Elections Events at North Korea etc.. Take Profit at Previous Swing LOWs appx 9400s SL- With relatively safe trades .... who needs SL when at worst scenario you can hedge :p
Investors pulled out $800 million from GDX and GDXJ on Wednesday (4/26)!