Price Action (Technical Analysis): Daily Head and Shoulders formed & ready for a Breakout . Bearish weekly pin bar formed giving us a heads up bearish pressure isn't going to be fading away, bears are in control. I'd like to see a 4H or Daily candle stick breaking & closing below our Head and Shoulder Neckline to confirm our high likely...
The break of this counter trend trade must bring us to the 200 ema in the next week, try to catch the blue zone for sell, but this counter trend line must be enough if the price dont go to 2800, lets see how this one play for a long term trade and minimum risk. Beautiful picture.
Eos in trouble. If price will Break level 56286 and close below it on daily or weekly candle , there'll be many chance to see it at level 32080. Short agressive : on close candle below the level. Short conservative : on retest of level after close below it.
USDCNH Timeframe: H4 Direction: Short Confluences for Trade: - Around Resistance Line of Previous High - Stochastic Overbought momentum - Fundamentally, China has seem to be slowing moving towards a psychological level of 7.00.Currently, the previous high proves to provide some resistance and we can take this as a short term opportunity to short USDCNH....
As I stated in my last published idea, Bitcoin is falling and falling fast. Please put your pride aside and make money will you can while the market continues to tank before the regulators come in. WE ARE IN A BEAR MARKET! Let us not keep falling for the moon reversal that Bitcoin keeps fooling us with! Now, with that said- lets get down to the numbers Simply...
Good Morning, Chart has allowed us to spot symmetrical triangle, which can be found as continuation or reversal sign. In my opinion this formation will support further downward movement. To support my point of view, you can see on the chart that second trend line was broke and we are likely heading to a main trend line below. Moreover we can see that MA50 was...
Got rejected with a lot of volume on 12/07/17 and broke support with higher than average volume..If CONN manages to stay below the $32 resistance level, you might see price test the $28. Nice and quick short opportunity. be careful as its still in an upwards trend channel.
Bullish Candle preceding Bearish Hanging Man Overbought RSI High Acc./Dist. Indication ABCD Pattern Trending near Weekly & Monthly Resistance SL: 83.555 TP1: 80.037 TP2: 78.403 Thanks and Happy Trading, KeraTrader
This morning as I was running through my trend following screener, I found Harley Davidson. What I saw was not good. After reporting an extremely disappointing earnings seasons, HOG started its downfall yesterday. It's interesting because for the first time I'm shorting a company that emotionally I like. This is a good learning lesson. It is helping me remove...