EURJPY failed to break hard upside, now its time for drop to the previous support. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. Previous analysis
Hello traders! There are two failed attempts to break this channel. This trend will break to the downside go for the sell to make profit. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. Previous analysis
Hello traders! We have a bearish Cypher completed on the Aussie-Yen. This could present a possible short opportunity. Not only are we look at a bearish Cypher, the C-D impulse leg is at an overbought area where we are seeing a push up to the 1.13 extension of the impulse move. If the market fails to push higher and we see price break below the zone illustrated, we...
Post Obama's inflationary monetary policy and the Trump Effect disillusionment.
MCD turned and ran down at a strong previous all time high. The action was on moderate volume. The bottom failed to complete, and a retest of the bottom support levels may develop.
NASDAQ:BKNG Which of the two levels will breakout the right shoulder of this head and shoulders on Booking Holdings Inc.? We are ready for the next potential trend. The important thing is always your risk management, the instruments you use (stocks and options), then come the classic patterns of technical analysis.
I'd be fully prepared for a jump back to 5k8 but I dare say that rally will fail. If it happens and does fail, we're most likely gonna be going back to looking for support around 4k8. If that support fails, it's back to the 4k range. If that fails.. Welll.... I'd expect a 2k8 BITTREX:BTCUSD within months. Support Levels I believe that would need to...
EURAUD recently broke out of trend line Resistance last week, but if you check out the daily chart you can see the last 3 days have all had rejections form Aprils high @ 0.618 , swinging above yet failing to close above on all 3 days, seems weak from the bulls. Stoch 55,5,3 is at resistance of 93 and RSI has big divergence on the 4 hour. The concerning aspect of...
Pair is in a range Price failed a bullish breakout attempt Watch Macd for confirmation of direction Short Trade Sell Stop @ 1.1327 1st Sell Take Profit @ 1.1295 2nd Sell Take profit @ 1.1255 Find your SL
Price is in an ascending triangle chart pattern There were 4 failed Bullish breakout attempts of the triangle top Price is falling to triangle bottom trendline 1H Short trade Sell Stop @ 76.20 Sell TP at bottom triangle trendline There will be a decision point at the bottom triangle trendline Long trade Price will rise up to the top triangle trendline Bullish...
Hi! Here are my thoughts for gold XAUUSD . - Gold is bullish since November 18th, 2018. Afterwards a solid pullback with a 38.2% rotation on the weekly and monthly chart. In fact, there was a failed breakout of the 1300.000 psychological level which was not more than a test of the downward trend on the daily chart since the high price 1348.000. Thus a lower high...
most likely the bull flag that fails by my count weve just hit our third wave extension with a .382 and a .236 pullback would expect a .38 or .5 pull back of entire move
Pair in range Failed Bullish breakout of range top Short trade Sell Stop @ 1.3020 Sell Take Profit @ 1.2975 Find SL
NYSE:TKR this had an attempt to go higher earlier this week, but failed. After a failed move higher usually comes fast move down. see my note on where to short it indicated on the chart. Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
WHY BEARISH BIAS TRADE Price had two failed breakout attempts of the 800 sma A 3rd failed breakout attempt of the 800 sma was a news related event Macd is below zero and Red signal lines Short Trades News related spike bullish candle low is support level to breakout @ .71725 Price should close below 50 sma 1st Sell Entry @ .71725 2nd Sell Entry is bearish...
Typically after a flag or pennant breaks a rally sets up to retrace the breakdown and is rejected from lower trendline. Extreme bearishness is prevalent. Expect Christmas Crash. Sorry Santa! Just an idea, not investment advice, GLTA!
acct $1592 short 5 shares at $199.5 small position because really not seeing a good setup believe this little run up wont last lacks vol and we just broke out and lack any follow through... dont have great levels or setups so just a small position will look to build on it if we get more clear