Hi, Shares of SEB' AB (Skandinaviska Enskilda Banken AB provides corporate, retail, investment, and private banking services in Sweden and internationally) fell by more than 14% (on Friday) as investors worried that another Nordic bank will be dragged into the scandal over money-laundering. It is hard to say, how the following weeks/months may affect the SEB...
Likes to consolidate after strength and return to growth after "W" double-bottoms. Higher highs could lead to a strong bounce off the current possible W Bottom test. I expect a bounce up to appx $125 and a return to appx $118 by February 2020.
Hi, The "famous" and loved stock among investors, Berkshire Hathaway, approaching a pretty sweet breakout zone. Since the mid of 2018, the price has started to "draw" a chart pattern called Triangle. At the moment, we can say that this Triangle is a continuation pattern and if we see a Weekly candle close above the upper orange trendline (marked as a green area)...
Pay close attention to the underlined minor support area on EURNZD. If bears break and close below it, bets will be high that we will see a bearish continuation to lower structure levels. Key levels of support are: 1.72 1.71
As euphoria has come back into the markets, with earnings coming in strong and the global macro environment looking a lot less hostile, US equities have made all-time highs in recent trading sessions. However, in spite of this trend, investors and traders should keep an eye on the VIX and market volatility. The VIX has reached our "Bounce Back" zone, indicated...
Hi, If you have struggled to take out some profits from Apple then here is a possible hint for you. It could be also a possible "short" opportunity but definitely, if you have a "long" position and you cannot hold it for the long term (you need money or something...), then the area between $250-$260 should be your TP. Several channels upper trendlines starts...
Hi, Criteria: 1) 2x AB=CD 2) Channel projection 3) Strong area (light-blue) 4) Fibonacci Retracement 50% 5) Fibonacci Extension 127% 6) 2013 low 7) Tiny orange dotted trendline 8! Wait for a bearish candlestick formation from the 4H to trigger it! If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from...
We believe there is a Bearish move coming over the next couple of weeks due to the Market Moving Averages not having contact with the market price in an EXTREMELY long time
A strong possibility we believe for a H&S pattern on this pair on the 1HR chart, looking forward to cashing in on this one!
Fundamental Catalysts remain strong If numbers are good, look for breakout to 35.75, and then 37.25 areas Take profit anywere above 37.50 before EoY These stocks have the highest dividend yields in the hot real-estate sector, FROM MARKET WATCH With the Federal Reserve cutting short-term rates twice recently and reversing its decision to shrink its...
EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support stands at the 1.0950. Conversely, on the upside, resistance comes in at 1.1200 level with a violation...
AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a retarget of the 0.6650 level. Conversely, resistance lies at the 0.6850 level where a breach will aim...
GBPUSD with the pair extending its strength, more price gain is expected in the days ahead. Support lies at 1.2800 area with a break below that level turning attention to the 1.2750 level. Further down, support lies at the 1.2700 level where a violation will shift focus to the 1.2650 level. Below here will open the door towards the 1.2600 level. On the upside,...
Hi, S&P 500 price action has started to show some areas where we may get confirmed short-, mid-term movements. In general, since June the price has drawn a bullish chart pattern. It is not the textbook example but still, a bullish chart pattern called the Ascending Triangle. It has printed nice and clear higher lows (HL) and the upper trendline is almost...
Goldman Sachs failed triangle formation before earnings. Some lines and connection have been averaged with step-line over log (chart is self-explanatory).
Hi, Bitcoin's price has drifted around $8,000 approximately a week. Some bounces here, some bounces there but nothing significant. If you have read my previous BTC analysis then you know that this area is capable to produce some reversal. Today's price action is pretty interesting and it has started to show something and the price action has started to show a...
Hi, Let's try again to catch some pips from AUDCHF, high risk! Criteria: 1. Retest the Bear Flag 2. Old resistances 3. Fibonacci 4. Channels 5. EMA200 on 4H 6. Waves 7. You can wait for some retracement from lower timeframes! Good luck, if you trade it you need it :) Vaido
Hi, Criteria around the marked area: 1. 2016 low 2. Strong area (gray), which is also previously worked support. 3. Fibonacci Golden Ratio 62% 4. Fibonacci Extensions 5. Channel projection 6. AB=CD 7. Blue dotted trendline should act as a resistance. Not so significant because of the time period. 8. Bearish candlestick pattern on the Weekly timeframe. 9! Wait for...