As per my previous post I will be aiming for a cover at approximately 0.40. Fading volume follwed by Price Action is leading me to believe this can drop. Happy trading
The price of British Pound (expressed in US Dollars) is making its way up to fresh supply @1.325 which happens to line up with the MIDAS Resistance R1 Curve (Trend Curve) launched from 2016-06-23 high+Low/2. Momentum is also approaching overbought conditions, increasing the odds of a successful trade. www.FXMarketTimers.com
GBP/NZD just broke a major bearish trend line Price action showing bullish momentum Trend Continuation Trade As of now on the 15 min chart, GBP/NZD is correcting; Looking to enter at 23.60% Fib
This stock looks pretty nice for a long swing if we break 16.20, the stock have more than 34% of short interest, if we break that level we should move fast becaouse a lot of people put their stop into tha area
www.cnbc.com I decided to analyze this stock after hearing about McAfee being appointed C.E.O. and the massive gains that were made that day. On the monthly chart it appears that MGT19.69% may have just completed a double zigzag pattern or possibly a triple pattern (which we can't see because of the 10 year gap in public trading, I've also hidden the data prior...
The current political uncertainty in Turkey is what drove that sharp rally in the first place, and the current consolidation is, for me, a signal of momentum build-up that will cause another spike following further uncertainty in the country. The reason for this is that tourism could be affected, thus causing investors to stay away from the currency, buying...
GBPJPY made a big run up today after breaking the bearish trend line. I believe it will continue this bullish run up until the 157.00-158.00 mark. It's currently moving in an bull flag and has a high chance of breaking out to the upside again. Stoch showing a slight sign of being oversold. This along with the RSI divergence nearing a bounce up.
The "S&P 500" bear market seek & destroy short squeeze rally is nearing its end. We are very soon running out of fools buying the top. I see at least a decline back to 2000 points and a fast crash back to 1925 is also in the cards. The momentum of the rally is running out of steam (as shown by the "KST" indicator which measures the rate-of-change). Currently the...
The momentum squeeze on the BTC daily chart has finally fired to the long side after over a month of waiting.
Saw a break above previous resistance. Retraced in form of a channel. Broke above channel and now looking for upside momentum. Stops and Targets as shown. TRADE YOUR PLAN Good luck! Felix
Who would dare buy the USD and sell the yen. I would. Monthly trend is down but price is at a large monthly DZ, not an area to be going short. Price is also at weekly demand then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline, leaving behind, a Demand zone I would dare to buy the USD up to...
Looking into this bearish market, focusing on this daily trend... Shorting @ 1.2575 if price can show me further bearish signals. 50 point stop 100+ point TP
Square's trend has changed, if you don't belive me take a look at this chart! Following an unsuccessful IPO (Can't think of any successful one in today's market enviroment) it bottomed out at $8.05 and volume dried up, subsequently it started gaining momentum volume picked up and reached a level of 12.64 forming what looks to be a cup, then the handle came along...
once coca cola starts to gain momentum ride it. yes yes yes correction will come. not yet though
True... today news did come out that new Model Car tesla will not see a 7,500 tax break. Still in the next few....... we will see outperform and go above the all time high...
Just waiting for price to complete a Fibonacci retracement [back inside the 33%-38% Purple Zone ] before adding additional Buy positions. There is horizontal Support around 0.7360 so from there we look to hop back aboard the fast moving train and follow the "current" path of least resistance :) The next major train station is near the 0.77740 price area (the...