CAD/CHF: Peak Formation high "M", expecting a bearish reversal. Looking to have a long term sell. Sellers are getting strong at this point and you can see from previous days that it formed a trending "M" formation and its going to do it again from high.
HD has been working on a short-term bottom since December 2019. It is now poised to test the previous all time high level again.
Here is a new company being establish. lets take a look at the past price action and determine whether to get in this up trend. Short opportunity now or sign of bullish end of the year. Invest max 12% of your portfolio Above the Red line is Heavy selling area. Good buying below the green zone, but looking for a long haul guys. just keep an eye on this one...
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. Monthly dividends with total Dividend Yield 19.24 per year is very attractive. Morningstar Rating is: Overall 4 out of 5 stars Out of 7 funds out of 7 Large Blend funds 3 Year 3 out of 5 stars Out of 7 funds out of 7 Large Blend funds 5 Year 4 out of 5...
Price is under the key level now. Previous high was 5-6 month ago. Previous low was 7 years ago. Will price meet the 7 years low?
Gold has bumped its head on a historically strong resistance level at ~1560. USDJPY has not confirmed gold's move since Dec '19. USDJPY breaking out higher itself (bearish gold) so we should expect gold to readjust itself. DXY in general has regained an important historical level + 61.8 fib of most recent trend which points the dollar higher (bearish...
Thanks for following us! Strategy: Inverted Head and Shoulder spotted Bias: Bullish . Significant volume kicked in today and breakout the box consolidation zone at the price of 0.250, which is also the previous high since Novemeber 2019. This is the 2nd long green bar after the price hit its bottom at 0.210. If the momentum continue, the price shall break its...
I don't like to speculate too much, thus I am very cautious when mentioning anything further than a few days from now on into the future. This idea was born as an answer to the question pitched by fellow trader - nickrandy1 . Respect! Simply two charts. The #1 major reason why we are going sky up is mapped above - the FINISHED correction model...
AUD/USD is at a monthly demand zone, there are numerous traps enticing retail traders to short. E.g. bouncing off the weekly trend line, and a so called area of resistance on the daily. COT data also shows banks are becoming slightly bullish and reducing short positions. A-la-la-la-le-LONG, ah-long-long-le-long-long-LONG! Don't short basically. Ps. Trade...
ADSK had a breakout last week to move above its previous all time high. ADSK is now in a compression mode, which tends to precede breakouts.
Context: The GBPCAD dropped more than 10% from May 2019 till August 2019. The pair then recovered almost all its losses, just over 9% from September 2019 to 1st week in December 2019. Price: The price is now at an historic monthly resistance level and is also struggling to totally break free out of the uptrend resistance trend line which started from a high...
Pinning the highs on a straight line against the lows oscillating around it produced this lovely, and very scary map. What do you think? Will LTCUSD and the Altcoin market with it embrace disaster, or defy some Sine Law for a Christmas present? I may be releasing my indicator at some point, but for now it's in beta going through some strategy testing and fine...
FMC is in a tight sideways formation at its new All Time High. The compression of this pattern often precedes a sudden breakout.
D1 - Price reached the important support zone. Until this support zone holds my view remains bullish. H4 - Price respected the alternative trend line and is moving higher. H1 - Bullish divergence, if the price moves higher and breaks above the previous swing high at 1.70421, we may then look for pullbacks and buys with bullish evidences.
LULU has been trending upward and gaining momentum as it enters a new all time high price level.
IDXX stepped down after reaching a new all time high. The stock is under moderately heavy Dark Pool Quiet Rotation™ at this time. The bottom red line indicates the top completion level support.
CHTR has moved with momentum to a new all time high. The stock is experiencing some profit-taking by Professional Traders at this time.