Price Action Analysis. (Structure, Channel, & Fibonacci Retracement)
PRICE TESTING A HIGH RESISTANCE LEVEL AND RETRACEMENT %
Golden Retracement & Double Top, Reversal Ready.
Sell Balfour Beatty (BBY.L) Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment,...
The price does not support the 8k zone, so I see a move to search for short entry, a good ideal selling area in this bearish continuation would be 7.8k looking for 6.7-6.9k.
AUDUSD Short Idea Overall price action on higher time-frames has been bearish and we are looking to short upon proper confirmation at the current level Current price action is at the daily 50% fib level as well as a major daily resistance around 0.688 Ideally rejection from this level in the form of strong bearish signals would be enough confirmation to...
NZDCAD short Idea On higher time-frames we have seen that this pair has been very bearish and as always we trade with the trend Current price action has yet to form higher time frame structure, so we will look for price to reach our daily 38.2% fib level around 0.8500 or even the 61.8% around 0.86500 Ideally a swift push to the 38.2% fib level and weekly...
NASDAQ:AAPL AAPL is still near the resistance, only because of the strong earnings, good news from the market, partial deal with china, etc... Yesterday ended up against the SPY, which should be a good indicator, today ended up a bit up, because of the good NFLX earnings. Good setup to short: - loosing momentum - volume - weaker - closed against the SPX...
As i said earlier about bearish setup on BTC/USD chart, now i can promise you my son that current situation is bearish as never like. Why? So there is 3 (three) theses: 1. Expanding bearish triangle. When downtrend term this TA pattern is very strong signal to short BTC/USD. 2. 4th leg of expanding bearish triangle will touch line on 23rd September 2019 as you...
Using price action I see that price has been pushing up with what seems to be little to no resistance holding back buyers from pushing this market higher, what's interesting about this level is that price is around its 61.8% & 78.6% Retracement which also collides with a Resistance level. I believe we can either see price continue pushing above to our 78.6% then...
TVC:SPX and AMEX:SPY are still forming triangle, and when it breaks we can expect that move in the direction of the breakout would be rather strong. Nevertheless, for low risk entry (though also with much more uncertainty), trade may be attempted right now with stop just above previous high @294 and target as far ~275 area. Again with such tight stop the...
Price Action (Technical Analysis): Here we see price is forming a Potential Gartley Pattern in the 30MIN-4HR. I'd like to see price rally around 80.50-80.55ish and gain confirmation to go short if price action tells me so. (Bearish Candle Stick Reversal Confirmation) This trading idea is invalid once our D leg breaks above X. Fundamental Analysis: None.
$NUS short idea after similar company $USNA reported earnings last week and gapped down 20%. USNA reported a slowdown in growth in China due to Chinese distaste for Multi-Level-Marketing. NUS will have the same problems when it reports, as it has promised growth in China
Looking to sell EURAUD from sell area, wait for rejection signs. Take profit at the target area (+50-70pips).
Looking to sell GBPAUD from sell area. Wait for reversal candle indication. Take profit (+30-50pips)
EURNZD has presented another good short opportunity. Looking to sell EURNZD from sell area, close position at the target area (+40-50pips). I do favour the second entry as it would create a right shoulder on the 4H. Good luck traders!
Looking to sell XAUUSD from sell area, close position at the target area (+50-70pips).
Looking to sell XAUUSD from sell area, close position at the target area (+40-50pips).