Since GEM has broken out from a base formation @ 6.62, it began a strong move cummulating to short term peak last Friday before falling sharply as naysayers doubts began to kick in. However technically this chart pattern has room to go..!
Who would have thought there is still a chance to stake this guy after it shot up so quickly to 14.80 last Friday? It was a...
If you agree with me hit like and follow me thank very much.
The price so neutral but last day engulfing candle closed.
Wait for shows support or break. If break this support zone go sell.
Shows support good buy zone :) goodluck all
all indicator is mixed
Futures , Options, and Currency trading all have large potential rewards, but they also have large...
so my technical indicator is moving average 50,moving average 100,moving average 200
XAD/USD huge up trend daily / 4h/ 1h analyze but 1 h have this moment supplier but its not strong once S@R break down after retracement S@R zone because deep up trend seller and try to price push down but can not wait for retracement and trend continue
Wow. What an opportunity here on EUR/USD based on technical analysis.
The price has hit this horizontal resistance before. I put the behaviour of that area and overlayed it with the current price (slightly squeezed to make it fit). We can see a very similar pattern, and that's something that we can monetize using technical analysis.
Place your stop loss not...
Here's my trading opinion du jour: Trendlines tend to break and when they do, they get ever so conveniently re-drawn by the chartist. Hey if they don't put the Art in chart then who does?
I've learned a lot this past year, re: trendlines. Basically, they're a massive waste of your time. Just like most patterns. Not that they don't exist. Just that you can create...
Happy to see typo here, guys and gerlz!
While crypto twitter is shitting thy pants all over the place yelling about how ugly the weekly bar is before it has even completed... I have been patient and sticking to my plan!
The price revisited neckline and found support at 7700-7900 zone (I marked 7600 previously).
Daily close above 8050 will provide a strong...
In this eurusd pair the chat clearly shows that the trend is bearish making consistent a lows and highs. I drew daily structure to indicate price action and how the candlestick would react in every zone it reach.
The retracement on the 60% level indicates how the market would react making consistent bounce predicting that the market will continue go into trend in...
EURUSD has bounced off two support structures: A horizontal support + retesting descending trendline, RSI also shows horizontal support. With the US Fed potentially cutting interest rates, we might see a big move up again. Let me know what you guys think!!!
I've been watching $TEVA for awhile now and finally it is hitting my first buy target.
Both the Daily and Weekly are showing a TD 9, however the daily did break the TD resistance line.
Furthermore, the RSI, CMF, moving averages, stoch, and current bearish candle all point to $TEVA moving lower.
I'm going to enter half of my position size in now and wait for a...
Confluences for Trade:
- Waning bearish momentum
- Stochastic Oversold momentum
- Price action bounced off a Horizontal SupportTrendline
- Fundamentally, weakness in the GBP is explained in the GBPUSD post in Related Ideas and the impact of Brexit will be more extensive for GBP in comparison with EUR.