$GC_F GC1! Gold Futures is showing that bulls, at least in the short term, want to attempt some movement. If that is the case, then I want to see them complete some objectives before shorting so they are mostly out of the way.
I expected price to show some rejections from 11150 area and it played out well. We have break below the previous low or local support. I am expecting price to retrace around 10625 area for another short set-up. It is less likely to test 10742 but we should consider it as another level of resistance. Possible targets for bitcoin are 9300 area as you can see...
The $SPX sell-off from September 2nd highs, created a consolidation range (orange rectangle) from $330-340 approximately. Making a measured move, with the consolidation constituting a half-way measuring flag structure (blue arrows). 100 exponential moving average is now the trend support, coincidental with June highs. Unfortunately, this is not a support trend...
GBPCHF Target Price 1.17521 and 1.16518. See August 23, 2020 Trade Idea
Contect for the Resistance at $12000 levels is very good. Wedge, Measured Moves Based on Height of Trading Range, Bull Breakout. When did you see 2 Bear Bars Closing below mid point and this much big bear body in last 30 Days ? Bulls have taken profit at the Resistance. I can say that Bull Trend is Over, We can see Trading Range or Bear Trend. With good...
Head and shoulders registered. Measured move down to 78.6% Fib (about where thick orange daily 200 SMA line is at -- Note that this chart is the 3hrly , showing excellent confluence between my Cyber Ensemble Buy/Sell signaling algo at this timeframe for this chart). Not necessary if it will be fulfilled, but will start cost-averaging if it hits about 61.8%...
Technicals IHI is breaking out of a parallel channel with an RSI(14) = 69. A measured move to continue to a new channel, would take us to to $322 approximately. A close below $285 would negate the current up-trend. News ABT has come out with a COVID-19 test kit, which reveals the result in 15 minutes; it will cost around $5.
SETUP 1 SHORT TRADE Enter with 1H Candle Close below Bear Flag Bottom SETUP 2 SHORT TRADE Enter with 1H Candle Close below Support level @ 1.8056 Measure TP for both trades @ 1.7976 SL above Swing High
I think Gold could blast up, bypass $2000 landing on $2100. This is a highly speculative play but I base it on a measured move extrapolation (see the ascending triangle?).
Immutep Ltd is a biotechnology company working primarily in the field of cancer immunotherapy using the LAG3 immune control mechanism. The company was originally built on CVac, a therapeutic cancer vaccine. Break out of ascending Triangle confirms, Targeting Supply @ 0.30 - Ascending Triangle Confirms - 4th touch on Fib .236 breaks - Measured move lines up...
Falling wedge, play the breakout ONLY. Measured move is 11k sats. MACD diverging bullishly. Stop: 500 sats
Inventories and Distillate Data are both negative. Rejecting 33 $ Good Luck
covid news , working with state of ny can get serious if it breaks 209 possible swing.. measured move on the daily we can see 233
UK gilts flash a negative sign for the Bank of England - FT - Should the BoE walk down the negative interest rate policy, Gilt investors have a reference point in the government bond markets for Switzerland, Germany and Japan. A rise in bond prices boost capital gains for holders of debt as yields fall, even below zero. Rather than provide a fixed income, a...
Hello Traders!! Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. If Price fail to reach above resistance zone, we have a continuation of a downtrend and only sell order will be place. Good luck to you all. If you liked...
I think it's obvious that we had a fake out/ liquidation grab coming out of the rising wedge. Ultimately, this pattern broke down within reason and as expected. I think a good measured move should put us about -$25 out of the wedge, that being around $79-$80. I have highlighted some levels in blue that I think you should watch for, especially if you like to scalp,...