USDJPY: On the monthly timeframe we are approaching the end of the month. This month looks to be closing with a doji continuing to show signs of reversal. Down to the weekly timeframe we can see structure still shows bearish. Last week closed resisting the weekly key level. On the daily timeframe we overall are still in a downtrend. We could pullback here to the...
On the monthly timeframe we are approaching the end of the month. We are seeing some resistance of the weekly key level with a wick forming from the downside. Down to the weekly timeframe the last three candles formation tells me we could potentially see signs of reversal here. On the H4 timeframe we are still overall very bearish. In order for the higher...
On the monthly timeframe we are approaching the end of the month. The candle is about to close with a lot of sellers exhaustion rejecting a monthly level of support. Down to the weekly timeframe we are forming a potential HL fighting through this key level. Down to the H4 timeframe we can clearly see a break of structure. As we currently form a new HH I will wait...
On the weekly timeframe we closed last week with a doji at our weekly key level telling me we could potentially be getting ready for a reversal! Down to the H1 timeframe I need a clear break above the red zone followed by a pullback before going long!
On the monthly timeframe we are retesting a level of support. On the weekly timeframe we pulled back enough to make this a potential HL opportunity. Down to the daily timeframe we are still in a downtrend. On the H4 timeframe if we break the resistance level marked we can definitely start to look for bullish opportunities to go with our higher timeframe overall trend!
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think that MARK was shortened out of a bullish run quite recently, and while they seem to be not too capital intensive for the business sector they are in, likely they are to receive continued positive support and the next...
monitoring this support area which was our first target on prior shorts from TL broken. I ill be looking to tp at next minor resistance and won't be surprised with a continuation to the downside if the price even reaches our target. TIGHT STOP LOSS on this one
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I am bullish on TRPX (at the very least short term). It may easily pass $1.15 and might even pass the $1.50 price threshold. At least 47%+ profit turnover potential wouldn't be too bad.
On the monthly timeframe we are sitting below our moving averages on our way to retest our next key level. On the weekly timeframe we just broke bullish looking to form our next potential LH. All timeframes below here are bullish! On the daily timeframe we broke our main area of structure and are showing signs of reversal to retest daily resistance turned support!...
With price finding a resistant, we can look for a retracement in previuos support and waiting for the engulfing for a new entry. EU Longs
Just a simple break and retest of a zone :) will be buying up to the next resistance when price rejects the support
On the monthly timeframe we are still bearish and are just finding a lot of buying pressure at a weekly level of support! On the weekly timeframe we formed an inverted hammer, this is a reversal candle and we could see some upwards movement! On the daily timeframe overall we are still bearish but there has been quite a bit of bullish pressure off the support...
The daily timeframe is in a downtrend. On the H4 timeframe we are within a range. We just broke higher and I expect that we will retest high levels before heading lower.
On the weekly timeframe we are still in a downtrend. Last weeks candle closed fairly bullish and we are approaching the moving average which could give us some rejection. We are currently testing a daily resistance level and we will see how the first two days candles close before making any decisions on overall sentiment. On the H4 timeframe is where I see...
On the weekly timeframe we are still in a downtrend. Last weeks candle closed fairly bullish and we are approaching the moving average which could give us some rejection. We are currently testing a daily resistance level and we will see how the first two days candles close before making any decisions on overall sentiment. On the H4 timeframe is where I see...
Please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. First off, for buying Macy's as a stock right now prior to the earnings call, there is no way I am doing that (even if it goes up). Given the dramatic hit that retail took, the earnings call is expected to not be so positive and the risk is too high....