Symbol: INTC (Intel Corp) Setup: LLT Entry: 43.5 or lower if possible Stop: 41.85 Target TP: 48.5 (TP1) 51.8 (TP2) 56 (Target) 64 (if extension occurs) Idea: LLT should offer support zone (42.6 to 44). This should hold and cause a reverse to 56. you should see price run into resistance around 48 and 52, these zones should be broken for price to return back to...
Major support level acting as an LLT look for extension on trade (yellow arrow) one resistance zone that could slow done flow however i am not expecting it to have a huge impact of the overall trade entry: 33.5 (bit deep in the zone but will take my chance of limit order being hit, will manage it though) Stop: 30.25 TP: 41.7
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.
This is a play on a continuation of the strong dollar breakout. Anticipating a "shallow" corrective pullback .382 pullback into a weekly level @ 111.36. This level formed a prebo structure on the impulsive move up from the lows and that level was already tested once. I'm anticipating the level to hold again this time. Likely order will be filled on NFP...
This is my strong US dollar breakout trade idea for LongTerm. Strong weekly RRL and MedTerm LSZ @ 1.085 as entry. Sl: 1.0963 TP1 1.052 TP2 1.00 Optimizer: .382 PullBack of monthly swing high to low. ShorTerm and MedTerm bias change bullish with daily close over 1.085 LongTerm LSZ is the top of the monthly range @ 1.146 Add to position with new daily low close @ 1.04
GBP HAS MADE AN IMPULSIVE NVT MOVE OFF OF THE LOW, FINDING RESISTANCE AT THE DAILY LEVEL 1.6605. THE CORRECTIVE STRUCTURE IS CLEAN AND HORIZONTAL GOING INTO THE END OF WEEK. IM ANTICIPATING A CORRECTIVE BREAK DOWN INTO A LOWER RRL. I'VE CHOSEN THIS ENTRY LEVEL BASED ON 1H PREBO STRUCTURE THAT FORMED @ 1.6297. THAT BO HAS NOT BEEN RETESTED YET. CONFLUENCE OF A...