Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed. Current point:...
The FB daily shows a coil around the point of control in the 114s. A break north of the coil on weak volume, paired w/ a flat RSI, and MACD negative divergence indicate a potential reversal back into the coil. If the support in the 113s holds, the coil should then break north again. If it fails, it could result in a possible bow draw reversal of the coil, at which...
$GOOG is coiled up on the daily. Nearing gap fill into broadening formation resistance. Short on the gap fill.
Busy chart, so bare with me. Bold call, but the more I look at the FANGs on a combined chart, the more I see an (incomplete) bump and run reversal (BARR) in blue. A head and shoulders is present within a broadening formation in white, that gives room for the H&S to complete. Support in green, resistance in red. Down.
INTC weekly broadening formation into resistance & keltner upper extreme. Looking for a move back to POC in 32s, potentially lower into support plotted below.
2618 Trade Formation With Feb Confluence
SGY- Long Trade Logic: SGY- Long Trade Logic: Ascending triangle formation, swing trading Entry Price: 7.53 Target Price: Target 1-9.2, Target 2- 10.61 & 11.30 Stop-Loss: 6.57 You can check our detailed analysis on SGY in the trading room link here- Trade Suggestion Date: 21/6/2016 Trading Room - Executive summery link: Time Span: 13:15” Trade Open: Waiting for...
Buy throwback if there's one with a Stop loss at 0. profit taking can be very high if the structure is valided by the market. look at the graph..
Here we are looking at a bearish gartley setting up to complete at 0.68831 Entry: 0.68831 SL: 0.69379 TP1: 0.68195 TP1: 0.67903
Entry: 0.79107 SL: 0.79393 TP1: 0.78858 TP2: 0.78701
Entry: 155.777 SL: 155.567 TP1: 156.078 TP2: 156.262
Here we´ve got another small opportunity to go longon the AUDUSD 60 min chart, er got a Cypher formation setting up, our PRZ entry level is 076102 stops and targets are on the chart hopefully RSI is going oversold. Good luck and good weekeend Kind Regards Thomas Jeff
Entry: 1.5146 TP1: 1.84298 TP2: 1.83775 Stops above X
Potential Bat Pattern Formation, Short NZDUSD
Potential Bat Formation With AB=CD Pattern with RSI Extremly OverBaught, 4 Hour Resistance with Feb Confluence
Potential Bat Formation AUDCAD Short
Daily chart of the EU v DOLLAR Upside for the foreseeable future and i mean until we hover at around 1.260s as i talked about on the Monthly chart displaying the overall BIAS for EURUSD.. but we have to acknowledge this major resistance level that is in our way on the Daily, we may stumble reaching it if we do not close above the previous high by the close of...
Aks appears to be forming a head and shoulders or perhaps double top. The weekly RSI closed at 100 showing that this price is severly overinflated. I expect a pullback into 3.26, with support at 2.75, and then 2.50.