Take a look at the traffic of moving averages for Tesla. Not exactly something you want to see for either side of the trade. One side will come out on top, however the prudent strategy is to way for the move.
Very very high risk, but it could turn out that this was the lowest price area after the second rally peak at 453.92, therefore I publish this chart to be able to claim that I forecasted this bottom area :) Part I () Risk is 90% and chance is 10% that this here at currently $355 is the bottom based on current chart data. Especially look at my chart "Bullish...
18-11-2014 CHYR( Chyron Corp) buy@ 2.80 stop loss @ 2.10 take profit1 @ 5.60 take profit2 @ 8.00
1) SP500 on ALL TIME HIGHS, MEGAPHONE pattern, GLOBAL RISK OFF 2) Investors confidence extremely BULLISH 3) YEN INDEX is technically EXTREMELY OVERBOUGHT, ABOVE 2 STANDARD DEVIATION BOLLINGER BANDS on daily basis 4) USD is EXTREMELY OVERBOUGHT aswell as US growth has been EXAGGERATED. Wage growth is WEAK, and INFLATION EXPECTATIONS are really WEAK, so FED...
Anticipating the pair to be somewhat range bound in the near term but I have a risk on bias to go long on this pair.
Looking at the USD/CAD chart there is a lot of action. Another trade has presented itself with another good swing. I feel that when the pattern complete it will trade sideways a little before it drops off the edge of the cliff to test prior lows. Again almost a 4 to 1 risk reward. A clean trade in my opinion
Although the AB retracement of XA is almost 61.8%, indicating it to be a Gartley but the good fib confluence is at 88.8% of XA rather than 78.6% so it is more beneficial to sell it near 88.6% of XA. It will reduce some risk. sell near 5.51181
Price has retraced to the .764 fib, (most recent high) and has remained in a range just below it. Price is currently bouncing off the .618 fib and the RSI has failed to reach the 70. mark, and continues to move lower, creating bearish divergence (see chart) first target is horizontal resistance at .9217 which also coincides with the .5 fib level. A break of...
Based on this pattern triggering on a move over ~21.60 you could expect a measured move to ~22 before hitting resistance. The timing of this breakout seems to be coinciding with market topping action which further strengthens the likelihood of this chart having predictive utility. This chart taken together with today's breakout in Treasuries (TLT) and over 30%...
Price is testing the support level forth time. A good place to buy.
Monthly chart, must have patience, but pays dividend while waiting for good R:R to pay off.
Low risk trade opportunity, 0.886XA, 1.618 BC and AB = CD all are converging in the tight area and structural confirmation is also here. Although Gartley ends at 0.786XA but to lower the risk and all the resistance was near 0.886XA, so I shorted at 0.886XA.
Elliott Wave oriented analysis of cyclical maturation fortify the distribution of probabilities towards gravitational developments. As of the immediate future, parroting descending channel (not depicted) provides clear boundaries for deeper proceeding. In the event of being negated (13.16), USDMXN will be considered indecisive (not necessarily long). Thoughts on...
As of now, it should be pretty clear that we are on a rising channel. Given the fact that this is just the beginning of the long term bull market, there's simply no way we can clearly define which channel the market is following. In the graph, it is defined by the blue, red and pink lines. (With the pink lines as the least confident ones, best suited for short...
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart. Entry: 2.98 Stop: 2.70-9.3% Target:...
Trade from my watchlist came into play. Comments on the chart.