...in previous idea about Stratis I expected that in few days hammer appear on chart and will create double bottom. I didn't happen but we have interesting situation here anyways. There is hammer and it hanging on the GAP which is good and also wick touched perfectly less use but very important Fibonacci level 14.58 or something close to it. All this values are in...
Pair is heading south faster then expected. It seems like it found some support around lower GAP. It worked fine as a the support in previous attempts. I think that possibility to test lowest low from 7/11/2017 is very possible and this is the moment it would be good idea to enter the market. When the Stratis will hit 10k which is strong support and it should...
There are two quite visible head and shoulders formation on daily or weekly chart. THere are two gaps based on the weekly chart which are very nicely respected by current market. I market with yellowish rectangle the perfect rejection of the attempt to go higher. GAP erased all gains and pushed pair lower. I don't see reason why this pair couldn't go as low as...
We witnessed strong bullish trend for the last couple of weeks. I believe that the pair is trying to reach 1.200 level where the solid GAP can act as the resistance. We have nice double bottom two engulfing candles and trend on our side. I feel like that the 1.200 level is within reach in the next week or two,
We witnessed sharp downtrend for the one month which starts in the mid of June. There is almost perfect double top formation which based on my experience when is respected by market tend to move price in desire direction for some time not just few days. It seems to me that there is struggle to leave the pair above first GAP. I personally don't think it will stand...
We can see double top which stopped bullish movement with candle with long wick. I marked 2 GAP's which are respected by market in some way. The bottom one is clearly respected by market and gave nice push for the pair to move higher. I decide to put many arrows on the chart:) I would suspected that the pair will try to rebound from these 3 levels. In my...
This is daily chart on which I marked few important candlestick patterns. We can see here clearly three white soldiers, engulfing candle and doji candle which was rejected after trying to breach psychological level 10k. I marked on the bottom of the chart GAP based on the weekly chart. I would expect for this pair to reach 0.0022000 level first and then...
Bounce at 45.50 long off support. Break of 44.50 should mean more aggressive downside
There hasn´t been a proper Gap Fill for the last couple of days in the Dow / DJI . A 2:1 risk ratio while betting on at least a gap fill today could be a worthwhile trade. Be careful though: it´s counter trend. DJI
I'm observing what is going on on this chart for last 3 weeks. I expected that the pair will go towards 6k or even 5k. I used 1h time interval to show the quite strong formation suggesting bullish movement for some time. Head and shoulders pattern hanging on the 10k psychological level is quite a good signal to me. I still have marked two Gaps on the chart and I...
Previously Teck gapped down from here with follow through and now has returned. I'm looking for a short term retracement at this supply level. Copper is currently in an up trend and hit a major supply area.
AMD Reports Second Quarter 2017 Financial Results AMD (NASDAQ:AMD) yesterday announced revenue for the second quarter of 2017 of $1.22 billion, operating income of $25 million, and net loss of $16 million, or $(0.02) per share. On a non-GAAP(1) basis, operating income was $49 million, net income was $19 million, and earnings per share was $0.02.
weekly time frame showing momentum off of weak corrective move signaling strength daily time frame nice gap up to new 50 day high to continue trend on positive volume pressure long term hold
Back tested all gap fills from November 2016 that were below $5 (chart was too distorted if I used the gap fills in the $15's. Target is anywhere from $2-$5 by end of year.
,symmetrical triangle broken with decisive volume, sell order 73.5, stop loss 76, take profit: 62 , We can also notice a kind of break away gap which might suggest a strong change into technical position
VNTV closed today with a possible Evening Star in the $63 resistance, in the upper side of a Descending Channel and closing the gap of six days ago. If tomorrow open with a gap down, we can enter short at $62.35 with a stop loss at $63.30 with a first take profit at $60.45. What do you think about this possible trade? KL: 62.35 SL: 63.30 TP1: 60.45 TP2: 60.00 TP3: 58.00
Top companies like Facebook amazon Tesla Google etc. experienced very strong bullish movement for the last 10+ years. I think that this rare candle stick pattern on weekly chart is suggesting bearish movement. Two Black Gapping which according to the Bulkowski’s book it has probability of 68% that the market will follow the signal. When You will look at the...