Looking at the monthly pivot points and the trendline, I'm expecting price to test the trendline and start moving down to S1... thoughts?
Breaking out of its bullish trend channel established since March 2016. T1: 116.30 T2: Hold
The GBPNZD 50% retracement from the last major move appears to be holding. Indicators are suggesting oversold values and weakening bullish pressure. The red rectangle is the projection based on the 50% retracement. A pending sell order has been place a few pips below today's low at 1.748. SL is safely above the highs of this retracement. GBPNZD likes to make...
Wondering what you all think about this, double divergence between RSI & MACD, stochastic dropping, TP at latest swing low... nice RR... thoughts?
Let's see how this one ends up, double divergence... thoughts?
Looks like everything is starting to slow down, expecting a huge break either way... thoughts?
Stochastic confirms by crossing below 80, good RR for my plan, placing stop at previous swing low... thoughts?
Nice channel formed, anticipating the bounce with confirmation of stochastic... thoughts?
MACD Divergence formed a little while back on EURUSD, starting to form by touching the 20 SMA, waiting for further confirmation
Using Heiken Ashi along with MACD & Stochastics, we can see a really good trendline flag pattern forming. Expecting it so see it break either way, looking for the bounce to go long, or the break to go short. What do you think?
Increased volume, recent news, and green heiken ashi bars makes oil look strong. Also I want to note the support found at the fib 618 level. But we are still under the resistance line. If oil breaks high I will be looking at 64 for the next resistance. If sellers happen to win I will be looking to 36 for the next support level. This is not a trade recommendation.
Ascending triangle formation could lead to a bull break out which will result in Wave B (second shoulder of H+S formation) to occur.
My analysis is on the chart. I publish my charts to see how well I am doing, I am no guru. Trading what I see So Sell limit at 1.29515 where I will hold until price reaches a price I have not determined yet :) possibly 1.23905 which I have marked as a wkly key level After the break below I will sell at the top of the pullbacks. Remember the object is to grow...
AUDCAD GOIN UP TO PIVOT POINT TP 0.97462
Some days ago i see NASDAQ:CSCO walking with dante, but if we put attention the price is rejected by the 22.75 zone one and other time and is describing a big flat bottom triangle pattern, and very nice to navigate inside of this. The volume is reacting now and indicate the same risk than the Stochastic - and the price - in this days can re-test the 28.5/29...
333.31 or thereabouts at the start of march. Externals like exchange hacks, security measures and regulation will dictate where we go from there. *First published chart.