BITCOIN: BTCUSD This thing moves like lightning. Shifting shapes: Head and Shoulder Top Still don't think this has finished its rinse out yet. Evenn more worrying, after dealing with the failed reverse HandS this morning there looks like there's a massive head and shoulders TOP formation appearing on the chart...stay away for now unless short...it's still...
EURUSD: The Euro should gap up on Monday and surge to 1.143. So 4 EU upside Vs I EU downside
Facebook: even if results are already baked in this is a case of sell on the news this stock shouldn't fall below 147 tomorrow. It would take a fall below 146 to trigger any further weakness back to 143.8 which would be viewed as another fantastic buying opportunity
I'm keep watching this pair since sunday. I expect some up move soon.
The whole Defense industry is extremely overbought in all time frames, even in monthly. Stocks are reaching important long term Fibo projections. NOC is making no exception, showing RSI bearish divergence and declining volume in parabolic rise. Excellent risk/reward on the short side, target near $167, even $135 possibly.
In the last usdjpy chart, ive posted this Because i entered too early (something to work on) i missed the trade, and even take a small loss. Now it should be a good idea to buy if price breaks out this corrective structure ( I didnt move or edit the chart posted here from the one in the pic, just change from candles to line) Thank you for reading Have a nice day.
2 year old log downtrend line finally broken with strong volume! Target based on equidistant channel idea in combination with S/R levels.
Fundamentally this company is looking quite grim. As an avid gamer, i know (as do most) the future is digital downloads. There is no reason for a company like this to be the "middle man". As much as I like owning a physical copy of the games, I'm a minority. Most people are lazy and want gaming on demand. Its like vinyl records. Gamestop is quite reminiscent of...