Hi, Buy 1315-1325 - You're looking for a long red candle-wick on the 4 hour or daily for your entry point. Best to wait for confirmation. To the Technical Analysts - An Inverse Hammer for entry signal. Good Luck. - Divit - P.s: Keep your eyes on the news ( Chubby Korean Boy dropping bombs like Travis Scott Drops Hits )
H1 - We got the breakout below the 86.75. Price testing the resistance zone. We can look for shorts using the double TL principle as long as this high is holding. M15 - We have two trend lines on M15. Aggressive entry would be with the break of the TL (M15). Conservative entry would be with the break of most recent low + trend line(M15) NOTE - Keep in mind...
CADJPY possible short. At the moment it touches the downtrend curved line. Low risk and good risk-reward ratio
FOR THE LAST WEEK WFM HAS BEEN TRADING ABOVE THE $42 ALL CASH OFFER FOR WHOLE FOODS. I AM TAKING THE VIEW THAT WHEN A STOCK IS CONSISTENTLY ABOVE THE OFFER PRICE (ESPECIALLY IN AN ALL CASH BID) THAT THERE ARE OTHERS INTERESTED IN THE COMPANY. THE STORY HAS GOTTEN A LOT OF ATTENTION AND THERE ARE SEVERAL OTHER COMPANIES WHO COULD USE THIS (NOW THAT IT HAS...
There may be an intraday increase due to double bottom formation.The short term trend is down.Act careefully.
Declines on AUDNZD has been going on for three months. In previous week demand tried to reverse this unfavourable situation which ended in a rebound from resistance at 1.0550. Support at 1.0390 also did not stop the sell of and as a result AUDNZD reached its lowest level since January 2017. Current target for bears is 1.0340 support. At this level we could...
Declines on AUDNZD has been going on for three months. In previous week demand tried to reverse this unfavourable situation which ended in a rebound from resistance at 1.0550. Support at 1.0390 also did not stop the sell of and as a result AUDNZD reached its lowest level since January 2017. Current target for bears is 1.0340 support. At this level we could expect...
Bears on AUDNZD took wind into the sails. Strong declines began on May 22nd and since then price has fallen from 1.0750 to 1.0425. During this period following support levels were broken: 1.0570, 1.0500, 1.0440. The nearest support towards which currently price is heading is 1.0390. This level can provide a temporary correction, but main target for bears is below....
Bears on AUDNZD took wind into the sails. Strong declines began on May 22nd and since then price has fallen from 1.0750 to 1.0425. During this period following support levels were broken: 1.0570, 1.0500, 1.0440. The nearest support towards which currently price is heading is 1.0390. This level can provide a temporary correction, but main target for bears is...
Lowe's is setting up to repeat previous large declines after its most recent earnings call. The stock has been in a bullish trend since 2015. The stock has cycled in tight channels up and down throughout this bullish run. Currently Lowe's just repeated movement that has resulted in a two quick 13% drops. Near-term downward movement is outlined below. When we take...
The downside trend for AUDNZD is doing great. Supply once again proved on Friday that it is in power. Significant support at 1.0570 was broken, and today we have seen return to this level which was tested this time from below, confirming the polarity reversal principle (broken support becomes a resistance). Next supply targets are in the following order: 1.0500,...
The downside trend for AUDNZD is doing great. Supply once again proved on Friday that it is in power. Significant support at 1.0570 was broken, and today we have seen return to this level which was tested this time from below, confirming the polarity reversal principle (broken support becomes a resistance). Next supply targets are in the following order: 1.0500,...
The resistance is good and the candle form is showing that people are buying the sh** out of BTC. Going in here.
LOW seems running within a wide upward channel, and at this time coming down from Upper channel line. We have earnings for it tomorrow, so we would like to see how it reacts. However if it shows weakness after earnings, we will consider for a short entry. * Trade Criteria * Date First Found- May 23, 2017 Pattern/Why- Upward channel formation with Earnings...
Gold remains low, reaching an important level near 1260, which marked an earlier resistance. It is very likely that the price reaches this level to maintain a lateral position. Be aware of a rebound or break.
68 Seemed a fair market price for Lowes - Looking to potentially enter LT long on this dividend payer if we see a 8th test of the consolidation box. Notice the triangle test along the 7th hit of the consolidation box - strong moves tend to come after years of consolidation and Lowes price could be setting up to make the top of the triangle broadening formation support.