Just looking at the short time this stock has been public, and just looking at how crazy scattered the 4hr candles are (not much better on any other small time frames, too few candles on larger ones) I know that I am "throwing lines on a chart" here in almost the typically derogatory way. But this is mostly a framework for me. I have been in this since almost...
A conservative upward channel for SQ as charted from its Autumnal breakout. I found it interesting that the parabolic trend that seemed to be forming around November crashes almost in concert with the beginning of the BTC breakout around the same time, far afield from each other in market (NYSE vs. OPENSOURCE) but deeply correlated. Vague ad-hoc speculation but...
it found support from long term upper support line (orange) now it moves between 9639-8095 if it break its horizantal trend's resistance (9639) then targets: 13200 and 16900
This morning's (in the US) big volume was just what BTC needed to power above the 9200 resistance/support level. Looking for probable consolidation here before testing 11500. This idea shows the path ahead to test several levels of horizontal resistance and moving averages ahead.
As much as we all want for berish trend to stop i think we all know that it will continue but in more horizontal trend.
CVCBTC was moving in down trend. You can see main trend lines at graphic. It tested second time its important support point at 0.00010663. It returned from this support line. If it can broken up line of its down trend (A) it might change its down trends to horizontal trend between 0.00010663 - 0.00012901 . Do not forget use 0.00010663 as Stop loss.
SCBTC has horizontal trend between 0.00000200 and 0.00000156. You can trade between these ranges. If it can break 0.00000200 with volume we will see good targets. But for now horizontal trend.
SCBTC is moving horizontal trend between 0.00000156 and 0.00000200. You can trade between these ranges. And watch to 0.00000200 if it will break with volume. SC will go good points.
Bulls and bears have created the doji candle on the monthly chart. The doji candle after long uptrend might foreshadow trend reversal. Moreover this doji candle is after a long white candle. This means there is imbalance on the market. The market is "tired". The bulls might not have enough strenght to keep uptrend. The maximum of the upper shadow is the...
Impulsive move from bottom has now formed a corrective horizontal flag. Looking to buy the bottom of the corrective structure and hold for a measured move of the flag and the lows of the corrective structure that forms the all time highs. E: 187.00 SL: 180.97 TP: 227.45 Soft stop = Daily close below 186.00 NYSE stock also has same structure and clean vol.
March Corn still sees horizontal movement with creep upwards. Thursday is the USDA report for all grains, but the 2016 crop is still impacting this market. If USDA report shows a lowering of future crops, this may help corn. Also Funds may buy this week so support levels around 354'2 off the 3/1 Gann Fan may hold. If prices fall further look for 349 4/1 Gann Fan...
Horizontal movement this stock looks good for swing and position trades. Or as an option trade straddles and strangles. However one interesting aspect is that the OBV is in a trend upward, precluding an long run trend.
Price has retraced to the .764 fib, (most recent high) and has remained in a range just below it. Price is currently bouncing off the .618 fib and the RSI has failed to reach the 70. mark, and continues to move lower, creating bearish divergence (see chart) first target is horizontal resistance at .9217 which also coincides with the .5 fib level. A break of...
GBPCAD has turned up from the bottom of a 6 month triangle. Another Spike unfolded today in USDCAD by the way. Support is estimated at 1.8210 in GBPCAD. www.sz-ventures.com
Looking this pair with comparison of USDNOK. USD is at resistance against NOK , EUR is at resistance against USD and against NOK as well, So short EURNOK could be highly fruitful with handsome risk reward ratio. www.sz-ventures.com