A huge rally followed the impulsive decline I was mentioning. Considering that the market already retraced 90% of the previous move, we have to assume that the impulsive decline was part of a correction and not the start of a bigger down move - count shown in red - a flat with a B wave into the highs and an impulsive decline for a C wave. Above the previous high...
Risky set up coming into key 155 level. Could have waited to see if price breaks below this level before entering. Price going below the key 160 and showing strong downwards momentum. I can see on the weekly and month that there is much lower to go. Price is still making lower lows, and lower highs. Got some news to trade through, although on the surface this...
Has this neat little trend of tanking and crawling back up Tanks can't be predicted that well but the rise is consistent Opening short term position and then a long one if it pans out well
Overall trend is down however ; Stock RSI crossed and moving higher RSI made a flat low & price made a lower low Pair has started moving so 80.85 holds and price allows for proper Reward:Risk, buy for moves into 81.80 and potentially 82.30 In reversal - below 80.80 3x reverse for moves into 80.60 for break-even or 80.40 for some profit
High test candle on the weekly, strong momentum down on the 4 hour. Weekly fib 50 retrace is below the .75 key level. macd and rsi showing downward momentum. 4 hour making lower lows and lower highs. Getting in early - will have to wait and see how this one plays out.
Bear trend on NZDUSD shows potential trending support and resistance.
On FX:GBPUSD , the market moves sideways on 1H bars. This makes the great opportunity for harmonic traders. The market is heading to the swing low, where the support is found at 1.4382. The price respected that level few times and it is more likely that it will do it again. The gartley pattern appears, which gives a perfect set-up to go long. T1 - 38.2 T2 -...
Look at what happened during the pre-shock "market dump test" in August. Look at what happened to the real move at the beginning of this year in Jan., Feb. The market bounces like a ball, even on the way down I think at the moment we will bounce for a few weeks.
Looking in from the monthly, weekly, daily, multi time analysis is suggesting and showing a huge strong down trend macd divergence. Got CHF CPI news coming up - up that is good and will help out our trade. Price has broken key .7000 level. TP Set at .69200 - will watch and may manually move to .68800 if there is strong momentum
On FX:EURUSD , the market is bullish and going upward on 1H Bars. It makes Higher High and High Lows, which is an indication of trend. This is a high probability trade, which provides an opportunity to go Long. 1. The market is trending - Follow the TREND! 2. The major key zone is 1.1230 (red box), which was support and after the breakout it became a resistance....
Expected 10% rally in by 02/19/2016; strictly technical; BUY right before market close.
It's been a while since I updated the long term count. My intermediate bearish view was confirmed in the mean time with DAX putting in a spike above the previously indicated magenta TL from the ATH, however quickly losing momentum and failing also to keep above the 200d MA. The decline from ATH was very choppy, with waves which were difficult to count, so there...
Preferred short around $21.00, but can short now @ $20.52 market. Stoploss at $21.63; Profit target at $19.30. Must hit profit around 02/15/2016. Stock expected to lose about 8%.
Not too much to say about this potential setup. The pair is in a sideways consolidation for quite a long time (see my last outlook on the daily timeframe attached below). The market formed another advanced pattern in form of a bullish cypher pattern which completed on Friday. If the market opens at the same levels, there will be the opportunity to give it a...
This is not the bounce you're looking for. My prediction it breaks the Ultimate MA and then moves on to break 200MA and down we go
SCTY is a very erratic stock that can be sent flying or diving and usually follows patterns and triangles very well. I see it going down a bit on the triangle in the next few days or so and then continuing. I'm in right now but I'm going to probably sell tomorrow and get in on the next low and long until 40ish. Solar companies also received good news from Nevada...
This is SBSTOCKS.COM take on GOLD this week. looks pretty strong taking in consideration the fall in stock markets, and instability in all over the place. might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend. targets might be on @1119. look for supports on lower time frames, 1h. 4h....