Similar to CAD/JPY this pair has increased a lot in 1 month by about 6% so with that being said my technical's are showing me that the RSI has hit overbought regions and the stochastic has now start to head down and with NZD hitting recent highs in nearly all majors & lastly it closed below the resistance line which has been around since 2015 and also the trend...
The CAD/JPY pair has increased by more then 7/8% in a month. The RSI and Stochastic are indicating to me that its seriously overbought and its hitting a very strong resistance that has been around since 2015 so a correction will in order in with all these indication I feel that this is defiantly a sell. Keep in mind that the bank of Canada will more likely...
Hi. This is huge update for my previous trade using trend zones indicator.
I used divergence to analyze lower time-frame and prevent loosing profit.
On day zones we are still in bull trend. Also as you can see even if doing nothing we can still have 36% profit. (but 52 is much better ;)
NZD/USD has rallied by more then 4/5% since May without a pullback. The signs I see is that a divergence has formed on the RSI and the stochastic indicating that its overbought on the weekly (You can see whenever the stochastic hits overbought levels there is a drop) and lastly it has broken through the more then 1 month old trend line and also struggled to...
Hello traders investors and community. This is an update analysis on my past middle-term analysis of EOSUSD, i wanted to update with an long-term analysis,
now the day has come! We are looking on the daily timeframe and can see...
Over six months has completed Gartley Pattern. The downtrend from last one and half month has been stablized quite a bit in Blue ReversalZone. Stablization of Sharp price action gives a signal to validate Gartley pattern. Strong support for Gartley lies around 0.009100.
If the price action continues to be at support level then profit making...
Setting bullish if it breakout level $2,500.
We are ready with alerts to ride the next trend on the world's #1 eCommerce company.
On the fundamentals we do not discuss, from the technical analysis we know the Risk/Reward and the %Profitability on this classic pattern.
New Thesis on ETHBTC,
Points to consider,
- Major support broken,
- Lower lows market structure
- RSI neutral
- Fib extension target met
- VPVR volume transacted extremely low in this area
- Volume climax candles present on 4hr time frame
- Stoch still on down wards momentum
ETH needs to rebound where it is able to retest resistance,...
Following is a video of a simulated trade in which I made $724 by shorting ALLK. I saw the stock at FINVIZ after the market had opened and saw that it had risen up to 124%. I quickly went on TradingView to see it was double than most of its days and shorted it knowing it would come down after a while. I didn't know how fast. I started with stocks about 4 months...
Buy now about 700-715.
Buy if you want lower risk at green zone.
Buy and accumulate more in green zone if possible.
1. about 950
2. about 1100-1200
MID term call. 2-3 months till max profit in my mind
Emc2 is oversold like others, have some very big news coming, btc dominance is going down, altcoin session is near.
Hold for huge profits.
In a previous post I talked about this being a risky time to buy for a long term investment in the S&P, Emini, SPY, or MES. Despite what the media may want you to believe - this market is no longer in a strong bull trend. If it was, prices would break out strongly above previous highs. But what is happening instead? Prices go mostly sideways to down,...
Slight adjustments were made to this chart that I had previously published. However the point remains the same and thus nothing changes but a few minor adjustments were made as explained below.
I noticed after the fact that I was missing the first wave correction fib. Also noticed that my fibs moved slightly, must of bumped clicked and they moved...
Our @FollowMyForex trend trading system just gave a new signal, this time to short the GBPAUD.
This trade carries a nice 2.4-to-1 reward to risk ratio and we'll be taking 50% off at the first target. After that we'll let the trade do it's thing and ride out the rest of the position to target 2.
All the GBP pairs have been in an incredible bearish trend over the...
RSI and MA anticipating an uptick in Kroger given that the earnings were in line with last year and the stock is oversold. Investors are likely to see this as undervalued over the next few months. Beware the eventual consolidation that will follow towards the end of the year and as the stock adjust to fall back in line with downward trend.
The king of cryptos is poised for a big move. Bitcoin has been trading in a symmetrical triangle, which will come to an end in approximately 25 days, after that your guess is as good as mine, if bitcoin heads down it will land on the 8500 price area, if it heads up it will re-test the 12500 level.
New Thesis on BTC,
Points to consider
- Resistance at $10,800 - $11,000 Zone
- Support at $9000 - $9200
- Stoch on downwards momentum
- RSI on downwards trend respecting resistance
- Bounce from support straight into resistance, .382 Fibonacci Retracement acting as CONFLUENCE
- EMA's acting as support but looks weak
- Volume is declining,...
SYMC is at the bottom of a bull flag trading range and in the midst of an expanding triangle. Prices have been volatile the past two weeks, with gaps up and down. Both sides are fighting for follow through. The bulls have a slight advantage because we are near the bottom of a bull flag trading range. The bears need a strong breakout below the 16 higher low. ...