HR - Inverse Head & Shoulders mixed with a fallen angel. And from our, dividend scanning that we were doing earlier this year, also a smart surge system.
After analyzing this pair I believe it is buy. Profit should take place this week because I analyzing the pair on the 1 hr. Please share your thoughts!
HR is in somewhat a consolidation range after a huge decline in share prices.. could be a good range setup
Company announced a few weeks ago a Reverse stock split moving the share value from $0.18 to $18 in matter of a few days. For the last week it has been testing the .236 level where it has been finding strong support. Currently trading above the 100 ema on the 10 hr chart showing a string of daily doji's. Also a nice wedge, triangle has been forming ever since the...
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...
Just entered this trade on the short side. We saw a nice rally in this throughout this week which i was able to catch successfully. I believe that upside bullish momentum is over and anticipating a correction nearing the inital breakout area Expected Target is around 1.5190
I called a long play on this yesterday which i posted n it hit its target while i slept but it was on the hourly timeframe. This is pretty much the same trade just on the 4hr, anticipating the bullish momentum to continue. The extension of the target coincides nicecly of the high it made few months ago. Target is around 125.80 Attached is the hourly Long trade...
I just entered short on the pair after last friday's massive rally which i was able to correctly anticipate n profit off from That bullish momentum is clearly over and i was waiting all day on this pair for the correct entry to go short as im expecting bearish momentum to arrive. Expected target is around 1.0860 giving around a 70 pip target
On the bigger timeframe/picture I'm currently neutral on this pair as it hasnt really done much over the past few weeks. This is clearly shown in detail on the intraday charts. This is a pure technical play, where i'm trying to play monentum within the ranges. Expected target is around 1.5695
Just entered this trade on the hourly chart. This is inline with the other EUR Short trade i just posted earlier which is also attached in the related ideas. Rationale n analysis is also the same as I'm expecting bearish momentum to arrive. Expected Target is around 0.6970
Just entered this trade on the short side. Last friday we saw a massive rally across most EUR pairs and for many EUR pairs that upward momentum has ceased. This is highlighted by the yellow box where the trendline angle has been broken. Been waiting all day for this entry and it finaly was triggered. Expected target is around 1.4290 giving it a over 90 pip ...
Entered this trade few hrs ago as i wasnt on the computer at the time entries were triggered. CHF pairs a very weak today across the board and the GBPCHF is no exception. Im playing out this bullish momentum with an expected target of around 1.5240
Same rationale and analysis as the AUDUSD trade i posted up which is attached in the related ideas section. AUD is showing weakness across all pairs on the bigger timeframes and I'm playing that out on the hourly chart. Expected target is around 2.1520 testing the high it made last week.
Just entered this trade as I still believe this is bearish momentum for this pair and the AUD pairs in general all across the bigger timeframes. For that reason, i've decided to play that out on the hourly w a expected target of around .7255
Just entered long on this pair more because of the Aussie weaknes then sterling strength even though sterling is showing strength across the board. The uptrend and the bullish momentum is very clear both in terms of the intraday levels and on the bigger timeframes. Expecting that to continue, I'm playing it out on the hourly Expected Target is around 2.1715
I went short on this pair along with other EUR based pairs earlier this week and its all been successful. Now again, the EURUSD along with the other EUR pairs have broken the downtrend line highlighted by the yellow box and it is expected to go higher Expected Target is around 1.1050 I couldnt post the other EUR longs that I'm in now b/c my entries were...
Just entered this trade on the EURCAD. We broke the upward trend this week and we are now seeing a sell off for this pair along with all the other EUR based pairs. For that reason this is technical based play where I'm expecting further downside momentum to continue. Expected Target is around 1.4110