Yesterday's close once again confirmed EUR weakness. Offcourse some of the traders are experiencing discomfort with not being in it :) As far as I can see, the price is showing us a 1H weak reversal signal (do not use it) which is giving us a possibility to sell by a better price. Sell Levels: 1.0825 1.0900 SL > 1.0900 (maximum, in case of 1.0825 Bouncing -...
At the moment the price doesn't show any reversal patterns. Use Intraday Price action to trade, continuation of a down move for today is likely.
The Price is at the very strong support area. The bounce of this area is highly possible mid-long term . In case on a "Bounce" Scenario - the 1st target will be at Weekly 0.7750 resistance area. The break towards down is also possible, but have to be confirmed with a price action,
Short term. In case if the PA will confirm a level brake, the continuation towards the 1D down-trend is highly possible. It will open the way down to 1st: 0.7600 2nd: 0.7550. In case of a bouncing off the 0.7650 Level, the price 1st target will be at 0.7750.
symmetrical ABCD triangle. comes into confluence with 11000 level. AB=CD to the pip. also aligned with 161.8 fib extension. with that said D=(B+A)/C downside target 9488
Annotations on the chart. This is an update of my last chart "Anticipatory layout with important trend lines, levels, time fibs"
Why did BABA hold the level it did in the recent pullback? It is the level where earnings were released on the way up - so there were natural buyers who wished to accumulate stock at that level who were waiting to an opportunity to buy at their price. They didn't want to chase after shares after the earnings report, rather, they lay in wait for a chance to buy...
These are the fair value and top/bottom edges to trade off on the daily chart. There is a clear rejection off the lows and it looks like price could move higher into liquidity above 5 as winter approaches.
Looking at daily chart it seems we are stuck in a limited price range from many months, and we are not seeing the 200$ swings of a time. Now we are bouncing around 460 area, that is acting as a support. If this support is broken i'm looking at 420 area as a possible target. A very dangerous zone could be the 340 level,and i think it could hold very well attracting...
Key Hidden Levels indicate that BBRY is having an easy time rallying and is set for a move higher, with a wide stop. There is a Key Level up at 12.50 that I am targeting. Buy dips to 10-9.80 and look for a move to a new 52-week high in the near future. Earnings due 9/26 Tim 3:09PM EST, Thursday 9/11/2014 10.73 last BBRY NOTE: Subscribe to Key Hidden...
Generator manufacturer likely to be in focus this hurricane season. Deeply oversold and climbing above key-hidden-earnings-levels. Plenty of upside with close support. Note how well previous "key hidden levels" have performed. Target 53, 47.36 last, 46-45.50 stop loss area. Buy down to 46.80. Tim 10:21AM EST 8/26/2014 ***subscribe to "Key Hidden Levels"...
These demand zones are the most likely places where price is out of balance and will turn around. 450-410. -Untested demand where we see days of consolidation in price then a large and rapid move out of that area. 360-310 - This is an area where Prior Resistance became Support. It is also the lowest price point since the January rally and remains...
Oil open range breakout long signal has now been plotted This trade example is for educational purposes to show users of the MicroTrends indicators sample trades. And i am calling early and (perhaps not on the best day) to show what it looks like as you go into a trade... win or lose... that is irrelevant, this is about learning the systematic approach of entry,...
Oil Horizontal Levels of Support and Resistance - Peaks and Troughs Monthly, Weekly, Daily Historical Levels Resistance Red Support Green Automatically calculated and plotted Horizontal levels of support and resistance. using the MTHLevelsSRHTF on the top left MT Horizontal Levels of S/R Higher time Frame Simply select the time frame and mode and let it it...
I would expect the high to be in the region of 112 if the uptrend continues and we break through the 2012 level of 100.72. The MT AutoFib Indicator and MTHorizontal Levels Indicator show levels of horizontal support and resistance in the current market structure. More details of the indicators used here are available from Chart > Indicators > MarketPlace > ...
Here's a well defined trading zone between 2 balance areas. I'm going to look for a tiny pull back to go long next week and will scale in/out at various resistance levels and adding back into longs after taking profits at lower prices. Once i reach the red line, I'll take off all the longs and look to short on any bearish pin bars intra day or traps off High of day.
After that big run, big players cashed in at the top and will want to buy at low prices. I know that there will be resting orders down at 160 level because that was the start of the up move where a fundamental driver was announced. Markets have memories. A double bottom will likely be formed where all the retail traders will buy, maybe off the 200ema, then...