welcome to another free signal of WEEK 38 Nr.7
How to trade: Wait for the clean rejection of the trendline and the break below the green support-line before you sell!
Target 1: 0,68560
Target 2: 0,68385
HEI has been on a steady uptrend since late May 2019.
On September 9th, It dropped 20%+ aggressively in 3 days. To land on the 61.8% fibonacci retracement line. (Pullback?)
It is currently breaking the 50% level with above average volume....
One possibility is we wick down to the bottom of this channel before a major rally in the next few weeks.
This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.
Home Depot was downgraded ... it's already down about 1.3% pre-market.
Looking at the 4 hour chart, HD has been in an ascending channel since December of last year. It recently bounced off channel resistance, and this downgrade might cause it to fall to channel support.
In addition to the channel, notice that the RSI is overbought. Combine all that with the...
(See my old idea with the other alternative channel option as well)
As much as I'd like to see Digibyte bounce here and slowly climb along the edge of the top parallel channel, I'm just not seeing the volume that warrants a lift. What I have learned is that what we want to see is less likely to happen than what we actually end up seeing happen.
BTC is still...
Log chart of DGB/USD mapped in a parallel channel with time based fibonacci markers. You can see that DGB is at a pivotal point. Shifts in momentum and direction happen shortly AFTER the fibonacci markers. Thus indicating another 3 or so months of consolidation and accumulation before ushering in a change of direction in December 2019/January 2020. Based on a...
Last week the dollar finally traded in line with fundamentals again, with the Dollar Index gaining four out of five days. There had been a strong bearish sentiment surrounding the dollar for the last couple of weeks, helped by key data points coming out unfavourably and when a currency is fundamentally bullish, but sentiment-wise bearish, the result is choppy...
Higher timeframe analysis presented here for an overall market perspective. Before considering a buy, suggestion is to drill down to lower time frame and use analysis and confluences to enter at correct point with tight stop loss for greater reward to risk ratio.
Positive fundamental factors to consider:
- Insider buying s.flashalert.me
- SEC inquiry coming to an end foxbusiness.com
- Working with Oppenheimer M&A to sell retail
- Search traffic up 50% in Q3 twitter.com
- Global rank...
Good morning, traders. Price finally began pushing up a bit later into the evening, yesterday. I'm still looking for the $11100-$11200 target. But traders should make sure they're watching the yellow box. That's $11050-$11250 which is the ascending light grey dotted channel resistance to the descending red dashed 2.5 month resistance. Based on the height of the...
The pair is in an ascending channel and bounced off sharply from its supportive trendline.
It broke a critical resistance of 0.74988 and is consolidating just above it.
Hence, we expect the counter to be bullish in the near-term.
I opened a couple new short positions on the E-mini this afternoon.
The E-mini has been in a channel since its initial gap down last night ... this afternoon it broke through that channel to the downside. Unlike the false break earlier to the upside, this one tried multiple times to re-enter but failed. In addition to the break below, it also came back up to...