Let me warn you now, this is not a fundamental or technical analysis based trade. This is a speculation on my behalf based on a simple theory. As the US Federal Reserve continues to rise interest rates up to 3x this year, is it time that a true bear market in fixed income has come to fruition? Are the "safe" government bonds becoming one of the worst asset...
Today, I am looking at the AUDUSD currency pair. There seems to be an inside day that formed on the daily chart. On top of that, there is a major resistance area just around 0.8100. One thing to be cautious about is the major up trend. It is usually not a very wise thing to trade against the trend, which could be the case here.
$BTC fall is not over yet in my opinion. The cross will likely turn bull temporarily to let the market brethe but will soon revert into the third wave and the cross could lose another 20% or more till it reaches its next support level around 8000$. From there, even if it is too early for a "prediction", seems like the market could return bull since the chart...
This short sell limit has been triggered and now i expect further momentum to the downside region 1.7250. price should consolidate around this price action. will be watching closely for the pullback. rejection of 4hr 200 ema. evening star formation reason for entry. many more confluences, im only giving a few though.
Wow, what a week for NEWA. Up over 50% in the last week this stock made major moves when the bulls rushed in to seize up cheap shares of a good company after it's presentation last week at the 2017 Disruptive Growth Conference in NYC. With respect to the 50 day moving average, the stock trades comfortably $8.50-$11 range, and I can see this company selling off...
TYHT Poised for an afternoon sell-off! Here is my set up and thesis: MACD stumbling around the average, The price is bullied up 30% today, well above 100 and 200 day MA's. RSI is showing overbought at value=70 Entry: 3.64 Add if goes to 3.7 SL 3.83 TP 1: 3.52 (40% position) TP 2: 3.45 (50% posiotion) TP 3: 3.23 (10% position) Good luck, happy Friday!
I don't trade Bitcoin personally, but I can analyse most Forex charts and Stock charts from a technical perspective. Looks like this pair is heading into a Major resistance zone. With the right price action, there's the potential to get into a short trade.
AS explained on the chart, APPL's Stock has TWO POSSIBILITES. Quite clear huh? It's either bullish or bearish, but how much? FIRS we get a retrace towards 147-148.50. if we get this, with a bullish divergence on 1 hour chart, I believe we are headed to 156.78 (first target) if we retrace BELOW 147-148.50, our three targets ARE first- 142.50 area second-...
OPEN ->MARKET PRICE; SL-> 20PIPS;
Today Place SHORT SELL order @230 (Support) and take profit @228. Since VEDL is in downtrend, it will break support level.
A beginning downtrend started a few days ago, price broke through and bigger timeframe key level (red line), we see the first retest of the line. The idea is to get a second retest to the line and then break through the countertrend. Target would be the next key level 1.4111. I will update this idea when price moves
In this moment, we have a nice bearish harami pattern on the daily chart, this means that the retracement might be end. For confirmation, we must wait when candle is complete. The High of the second candle of harami pierced 61.8% Fibo. We have two signals for a bearish move and we could think that bulls run out of their force to push up the price. My forecast is...
The 60 min chart revealed an Engulfing pattern, that is a strong reversal pattern. This pattern followed by a black candlestick not yet finished. Furthermore, the engulfing pattern is at 61,8% retracement Fibonacci level. I think this will be a good short trade because I forecast that price will go down. First take profit should be at 123,6% Fibo, next at...
1) Intraday market direction is short 2) In a Bearish Channel 3) Minor support &resistance 3) On the verge of breaking the last HL which is also a support which will create a new HL and a indication of a trend continuation & more.. Expecting price to rally down to around 1311.2
Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin reg line.