Bitcoin daily is telling us that there is more downside to come. Bitdog's poop needs to land on the box otherwise he's going to visit goblin town.
Repeating myself...watch the purple line. If it ain't broken, a decline on short and medium scale should begin.
Watch DAX and Nikkei first. When all breach the blue lines - then BUY & HOLD & WAIT.
DXY Dollar Index DXY has rallied from lowest blue line (just out in fact, but close, considering how far it has fallen now) and rallied to the next line pretty much spot-on. So it's now vulnerable again at this point....it has to push up through this next line right here at 89.42 and hold above here for the dollar to go up any more and therefore for EUR and...
Hey traders, we have another head and shoulders CAD long play here on the EURCAD cross. I'm in if we break lows with SL above recent highs, target at 2:1 and MTBE at 1:1. Cheers
Hey traders, we have a big potential reversal pattern here on GBPCAD. H&S has completed on the 1H with many missed pivots below. Channel breakout will provide resistance against SL. Trade only active at limit and move to B/E target is 1:1. Cheers
There is a clear head and shoulders pattern complete on the monthly chart for cable. Instead of shorting the pair immediately, I'd rather sell it from the 1.6 area to create a higher R/R and minimize risk. If we see a monthly pinbar for August I will be buying the pair up to this level on the 1-4 hour TF. There's an overage of pessimism surrounding the GBP at...
On the chart wee see several signals for short movement based on price, graph and volumes (more detailed on the chart). Recommendation is to sell HAS Sell the breakout of 80.00 Stop-loss 82.00 (+10 tics 81.90 -> high price of upbar after diapazoning downbar) Take profit 74.00 (probable touch of inclined supporting level)
Hey traders, quick post here. Potential head and shoulders reversal off of a trendline. Potential target at AB=CD. HAPPY FRIDAY! GM
Eurusd has big probability to break the channel downstream I believe that this will be a short-term good opportunity
EURNZD has broken the neckline of a bearish head and shoulders breakout. A lower TF bearish bat has provided a nice entry short on the retracement to the neckline. Trendline resistance may also provide bearish bias. Entry is placed at the completion of the bearish bat with target placed at the completion of the bullish shark. 15m Bearish Bat (Entry):
JAKK has very decent fundamentals. The whole industry seems to be doing okay, leaving JAKK lagging behind. If we look at all earnings releases in the past 3 years, they work the same way: 1) if there's a strong prior move up, the stock crashes on earnings release (even if it beats expectations 6-20%) 2) If there's a strong prior move down, the stock rallies on...
Watch this one closely on the hourly. Already had a nice retest on the 15 min. Bullish appears to be the edge, especially if HAS closes 59.50 today.
Since the beginning of the year, Mattel, Inc. (NASDAQ:MAT) one of the largest manufacturers of toys has seen its stock price decline from the highs of $47.00, to a closing print this past Friday of $30.81. Mattel's recent earnings report was not well received by Wall Street. Over the past few days the decline accelerated after Mattel, Inc. (NASDAQ:MAT) lost...