My thoughts on intra day of GBPJPY
im expecting a downside move to the 1.11600 zone First Target: 1.13200 Enjoy...
It's funny how many can doubt the efficacy of the fibonacci tool when we see consistent reoccurences of such patterns in the marketplace. As I had charted a 4H cypher formation on the EURUSD, a mini cypher on the same pair (EURUSD) formed and completed right under our noses. Just goes to show you that you never know when the right opportunity may strike. Please...
NZDUSD ending the uptrend, wait the breakout and go short until trend line and see if break trend line and continue down or make another correction. NZDUSD llegando al final de la tendencia alcista, espere la ruptura y entra en corto hasta la tendencia, este atent@ si rompe tendencia para seguir en largo o hace otra correccion.
Price found resistance at 1.67-ish level. Since then we saw a reversal and crossovers with many moving averages. I will short this position if price falls below 1.649 level. Stop will be at 1.6550 and profit target at 1.620. This gives me sufficient P:R ratio of 4.75. From fundamental perspective one can favor the downside since China beated almost every analyst...
retest resistance + shooting star...fallin in love :)
Currently trading at a 4 months low, Nautanix issued a weak Q3 guidance prompting the stock trade in an all time low territory. Fundamentals aside, trading over 10 times more than average volume on Friday and short float at 31%, I'd expect some sort of bounce early next week and would look for an entry around $24 or $25 if it can get up there to play on the short...
Upon breaking down EURAUD I was able to discover a advance pattern formation. Bullish Cypher. Completion of the D leg has occurred and the first rejection so far has taken place. This pair can attempt the price of 1.41475 multiple times before committing to a reversal. So far, We have gotten exhausted candles illustrated in our H1 and H2 charts. I am...
NVDA came up in our smart money course. It had a really long run, and now seems forming a Head & shoulder. Also seems forming a double top. We think it has very good down side potential & it can drop to $90 shortly. * Trade Criteria * Date First Found- February 13, 2017 Pattern/Why- Head & shoulder; Double top Entry Target Criteria- Break of $108.07 Exit...
Trend is fading and volume doesn't support higher prices. So far the channel is thinning as well. This is not fancy but a simply 1 day chart. What I have learned that trend and volume should never be overlooked. One can scalp up and down using the channel or short everytime it hit the upper channel line since more likely for a downside. Support seems to...
Ignition sequence for HTZ. Whether the trajectory is up or down is the question on the traders mind. Everyone knows that hertz is and has been an abysmal company with improper management since mid 2014. Not only has the stock been unfruitful, but the stock is going to announce their earning report today. At the moment, the stock is in a slow agonizing...
AUDCAD has broken the trend line and is showing strong signs of bearish movement at it appraoched to retest the trend , looking for price to head lower
Expecting a 800 pips movement! Time to break the triangle and go down... Targeting to a strong support--> 133.200 Risk reward 8.33 :) Stop loss: 143.000 Lets see how it does! Albx
Going to enter in a short position after the AB:CD movement, my entry point is going to be the 1202.24, first target (1170.00--> -27.00%) Enjoy