DIS broke up ascending triangle a couple of days ago, made a dip, but bounced off 21 EMA on the 1D. Candlesticks, MACD, RSI look bullish. IMO this should be a good entry point (143-145 area). Setting my stop loss at 142 (red area). 10:1 reward ratio. I think this could go up to 150-157 by next week. Trade at your own risk. Let's see where this goes!
This is one of the trading situations I hate most - when I get too late for optimal entry, and I find that the asset has been trending already for quite some time.
In this case, the optimal entry would be around at 1020, on the left chart you can see the area has been circled with a black line.
This asset is a reliable company that has been growing for years,...
I believe the EURUSD pair will appreciate in value to 1.15330 in the next week and then possibly higher to 1.16000 and beyond. On the 4 hour and Daily chart you can see a clear Head and Shoulders reversal pattern forming on a key level. Earlier, the pair had broken yearly lows but quickly bounced back. This has shown to be a false break. There is a good...
WAIT FOR..... Clear breakout of ascending triangle + Trendline + Clear PA confirmation! ....otherwise I wouldn't advice taking this trade!
Adjust the SL and TP accordingly when you get a clear entry.
All comments are welcome and appreciated
EURAUD hit my target on the corrective structure break and is trading at the previous high. This indicates a strong possibility of a reversal soon.
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retracement on 50% fib in extension after the consensus conference up to new levels in the area 11500-11750 $ where there is a very strong resistance with probable strong selling. The projection has been elaborated on the basis of the daily moving averages, taking into account the slope of the price increase and the fibonacci levels.
the rising price pick-up angle...
I think QQQ is a good purchase here as long as it holds above the 160 weekly trend channel support level.
My target is the gap fill at the 169-171 level within the next couple weeks. If you place your stop loss just below 160 (near 158 for example), you risk 4 dollars a share with a reward of 8 dollars a share if you set your profit exit at 170. That's a Risk...
The price just reached a certain area which hold decently for many times for many years, the RISK REWARD is very good even in TARGET 1, the RISK is a dollar maybe 1,2 depends how tight you like it. RSI devergence is good and double top at resistance perfect match ;)
Details written on the chart. STOP LOSS should be around or little bit above 25.00
Good time to enter CLDX!
(1) rising trendline
(2) Zacks Rank #2 = buy (short-term for next 1-3 months)
(3) Zacks ABR (5 brokers) = 1.80 (almost strong buy); past brokers' recommendations = 2 holds, 3 buys, 0 strong buy, 0 sell, 0 strong sell
(4) Zacks' Average Target Price = $6.63 (more than double current price of $3.03)
(5) Risk-Reward ratio = 1:1+
Let me know...
USD/CAD still in the consolidation zone, but i seen some signals, to go short with little stoploss with good reward.
1. Candle Stick stop in the daily resistance and zone.
2. Engulfing in the daily time frame.
At this stage of the price is a good small short term trade.
I need to mention that the past of the pair is very bearish so no need to explain why I think it can give back 10 or 20 % of the gain of yesterday.
Also I could be wrong and be loosing while I'm writing this, but the pair is relatively slow and not volatile.
Trade on your own and good trading...
Hello all, this is my prospective on the pair EURGBP
Daily charts shows that the pair is in an upward trend but has done a retracement to a support level that has held before. The pair has done a bounce off this support, I see it retesting structure that we can see the the left of the chart.
The pair is moving above 200 Simple Moving Average and 200 Exponential...