Friday completed the 2nd leg of 3, for the morning start reversal pattern. I will be going long if the price closes above $29 on Monday. The past 2 days had 2x relative volume, next stop $30 (overhead resistance).
Friday closed the 3rd leg of the bullish morning star reversal pattern. I plan to get in bullish at the break above $29 with STOP around 28.46. Bullish engulfing candle as well on Friday. Overhead resistance around 29.75.
BANC has come under alot of criticism for their operations being a little too good to be true and eerily resembling another financial operator with links to the firm that turned out to be fraud (identified by some short activists). BANC responded that it's false and tried to use a firm that is a customer of the bank to help clear the air. We will see in the next...
Trade : xdaystogo.com Last quarter, the 9-period crossed the 21-period MA (on the 240-min chart) in a bullish manner and the stock rallied and snapped lower only to rally into earnings. I like the stock to repeat history and move toward $107 soon.
Trading again today. This time I am going long on the USDJPY. Looking at a 4h chart there are several good signals. Shown on my chart we are in an area of Demand. Additionally we have 76.4% fibonnacii support, a morning star candle formation and are coming out of being oversold. My entry, sl and tp are marked. As always use your own discretion for placing your orders.
This Bullish Bat Harmonic pattern is forming nicely. It has the potential for some great profits here. Going to keep y eye on it.
Last day of trading and we are about to finish with a morning star canddlestick pattern.... What do you guys think????????
USDJPY formed a morning star bullish reversal pattern. Looking to buy around 112.30 zone Take profit Area could be up to 115 possibly earlier, not a long term trade. Stop losses placed near 111.60 area.
A Morning Star candlestick pattern (3-candles) has formed on the Daily EUR/JPY chart. This is Bullish. Happy Trading! Markets are very volatile. Please manage your risks accordingly!
The decade of bull run from ~$260 in 2001 to $1920 in 2011 (6X) on back of safe haven buying and an investment asset class ended with revival in major global indices and on track economies. The 5 years of slow and steady pain from 2011 to 2016 where gold lost 45% of its glittering from its peak might come to an end. We might witness the resumption in the bullish...
The SPX has fallen to a 52 week low following concerns on the Chinese economy and oil glut that drove oil prices to record low. It appears that the SPX has found temporary support around 1820. The Index has previously on two other occasion (in October '14 and more recently August '15) failed to break past this level. Daily close candles points to a reversal of the...
RSI is extremely oversold on MONTHLY. January couldn't close below 61.8% Fibonacci. Once Feb will close around 1.13 we can see possible reverse up as it will be ideal morning star with Doji. But nonetheless the trend is still bearish. Move up can only indicate correction (maybe to relax RSI) Watch 1.12/1.21 as medium term range. Intelligent trades!