on the gbp/usd. I see an ascending channel on the 4hr timeframe. overall bias is bullish with support line being respected multiple times and price is forming higher highs and higher lows, I am hoping price creates another HL to support my idea. 4hr/1hr timeframe shows a lot more of the channel and a lot more in-depth details about entry and take profit.
Gold and silver daily pullback will continue to push this miner lower. The metals shouldl not break the daily impulse, but miners cannot take the pressure after only 1 impulse up. Trade at your own risk!
HECLA MINING COMPANY SHORTING OPPORTUNITY TARGET: 2$
Hello Everyone, I appreciate the feedback that I have been getting this past couple of weeks and something I that I been wanting to share with y'all is one of my confirmation. I know you will do your own independent reseach on this and I wish you the best in your trading Journey. Thank you. Ps. I'm looking for a new HL point to get a new HH.
Bought HL here with a break above the previous highs. CDE looks the same.
Forming HH,HL on 30 min & 1 hr timeframe All indicators supports upward movement. Comment your ideas.
Bullish ascending triangle since 15 march, might go above current resistance @ $6, bullish engulfing on 7 June
NOTICE HOW MARKET CLOSED UNDER PREVIOUS HH,HL . HH,HL REPRESENTED BY THE RED AND GREEN FOR LH,LL . MAKET STILL UNDER 50EMA. LOOKING FOR MARKET TO TEST 4H SUPPORT AND BREAK TOWARD DAILY SUPP . LOOKING TO TP@1.618FIB
After a parabolic run-up it appears HL has done a pretty standard H&S pattern. If you look at the hourly, after the initial neckline break there was a clean backtest. Currently we are looking at the first real back test on the daily timeframe. The target is roughly $2.75. Monitor for break of recent retracement and enter with a stop above the neckline.
Throughout 2016, Aud/Usd always trends HH & HL just before hitting the .77 mark then we see a crash to the downside. Early 2017 its repeating the pattern, creating HH & HL, we could see a big move to the downside in the next few months to come
HL bouncing back from MA200 & seems made some base here. It is showing upward moment now & we think it can easily go above $7 from here. Trade Criteria Entry Target Criteria- current price, $5.83 Exit Target Criteria- $7.13 Stop Loss Criteria- N/A You can check detailed analysis on HL in the trading room/ Executive summary link here- www.screencast.com . (...
This is a little gold miner than came up on my high implied volatility screeners (the others were AUY and KGC). Metrics: Bought Shares at 5.82 Sold Oct 21st 6 call Whole Package: 5.35 db Max Profit: $61 ROC: 12.1%
HL running within a downward channel, if it can break it up we think it will easily go to 7 area. You can check our detailed analysis on HL in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:10" Trade Status: Pending