Find Winning Trades In Seconds >> efcindicator.com (Special Discount) GENERAL ELECTRIC COMPANY (GE): Pivots, Supports & Resistences
The indexes for the last few weeks have had big drops, possibly we are talking about a crash of the global economy to give this analysis, but it is very likely. The increase of #XAUUSD (store of value par excellence) increases those possibilities!
Nearly there. Probably another rough day or two to get crushed down to support and complete the Zig-Zag correction (WXY). Elliott ABC wave near support. Expect a hammer Doji, a deep spike with reaction lift. Maybe Tues/Weds. Who knows, utterly unpredictable atm. Spy might get down to 253. Nas- who knows?! If index breaks and closes below the blue pivot support...
As you know, there is a liquidity zone just below the equal lows. Also, it might be a potential double top pattern for DJI. Be prepared to be rich if it brakes down the dotted line ;)
Maybe Im a biased bear, maybe not. Chart says it all. Manage your risks. Strong breakout above the Pivot line would invalidate this trade.
After the blood comes the green. Scalp BUY : S4 to S3
After reaching a low of 11.10 today, the VIX closed at 11.57. Having been in a low Vol Environment for a while, I believe that this bounce off of the S2 Pivot Point intraday today, can be a potential low for the index. I have chosen a synthetic long position to play this out, over the next 60 days. More specifically, I sold the Nov 2018 14/12 put credit spread...
Starts to look like US 30 might fill the pattern in this bearish Gartley model after all. After 3 days of hard selling, pressure may abate and we ought to get a lift off the pivot at 26000, we saw strong resilience in US 30 over past sessions. In past two days, pattern of fierce selling relieved by bargain hunting in the afternoon. It appears that rotation is...
GBPUSD hovering over Daily and Weekly Pivot with Bullish Bias
Last post: June 14th. See chart . Review: Price had weakened over 100 pips since bouncing off resistance but needed to break and close below support. Update: Price is currently trading below support but need to see a close below support by the end of the trading day. Conclusion: Applying patience to see if the break and close is confirmed which will...
Simple EMA strategy H4 Lower highs and Lower lows Waiting for price interaction with H4 20 EMA in the trend direction. There's good resistance on the pivot points as well. Entering at the 50EMA bounce downwards. Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards Two trades 30pips Stop Loss, targets at 1:1 and 3:1...
USOIL is going through an extended consolidation phase where some decent opportunities for both buyers and sellers are present. I expect aggressive sellers will take this down to 7056 where I am looking to initiate a pullback long position with stops below recent low of 7024 and targets around 7097 and 7154. This is 2R trade with lower probability than 60/40.
Looking at USDJPY on the 4h timeframe we can see a clear trendline bounce with 2 confirmation candles. Low RSI shows a clear oversold making the trendline hard to break. Adding to the support there is the pivot point just on the trendline. Targets towards the top trendline but being cautious of the MA zone that is on the P pivot point acting as resistance.
This pair seems to go up.....TP and SL given in the chart
This pair seems to have a big potential to go down....TP and SL given in the chart....
Go long at prior pivot high $79.50!
Idea: GOLD continuation long if it can hold yesterday's Daily pivot . DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Seems we could be met with some heavy technical support here, i'd keep an eye out. Confluence checklist: Whole number support 1.272 extension Within support pivot zone #1