Candle Pattern: Morning Star Trend: up Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1 Stochastic: over-sold MACD Histogram: contracting up 200SMA: slightly below Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot && S1 Elliot Wave: Just completed Correction C. If this is a new uptrend extension Im...
Candle Pattern: Morning Star Trend: up Trend Entry: with TP/SL Ratio Target: 2+ to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .382 Stochastic: over-sold MACD Histogram: contracting up 200SMA: slightly below Inside EMA/SMA zone: no BB: middle Pivot Point: Pivot && S1 Elliot Wave: just completed wave 4 to the downside of wave 3 looking for an uptick...
Candle Pattern: Morning Star Trend: up Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1+ Stochastic: over-sold MACD Histogram: contracting up 200SMA: above Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot && S1 Elliot Wave: looks like we might be starting a new elliot wave to the upside and just...
Candle Pattern: Evening Star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 30 SL PIPS: 15 Fib Entry: .764 Fib TP: 1+ Stochastic: over-bought MACD Histogram: contracting down 200SMA: below Inside EMA/SMA zone: yes BB: top Pivot Point: At Pivot Elliot Wave: looking for an ABC C point final termination closer to the wave 3/4 zone of the...
Candle Pattern: Evening Star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .236 Stochastic: over-bought MACD Histogram: contracting down 200SMA: above Inside EMA/SMA zone: no BB: top Pivot Point: R1 && R2 Elliot Wave: looks like the start of wave 5 in the uptrend. Hourly starting to show...
Candle Pattern: Evening Star Trend: up Trend Entry: against TP/SL Ratio Target: 3 to 1 Target TP PIPs: 60 SL PIPS: 20 Fib Entry: 1+ Fib TP: .50 Stochastic: over-bought MACD Histogram: contracting up 200SMA: above Inside EMA/SMA zone: no BB: top Pivot Point: R2 && R3 Elliot Wave: Completion of wave 5 final wave 5 completion of the upside wave, terminating in the...
Candle Pattern: Morning Star Trend: down Trend Entry: against TP/SL Ratio Target: 1 to 1 Target TP PIPs: 20 SL PIPS: 20 Fib Entry: .764 Fib TP: .50 Stochastic: over-sold MACD Histogram: contracting up 200SMA: Below Inside EMA/SMA zone: no BB: bottom Pivot Point: S1 && S2 Elliot Wave: finishing the completion of wave 4 Looking for final move up to complete wave...
Candle Pattern: Morning Star Trend: down Trend Entry: against TP/SL Ratio Target: 3 to 1 Target TP PIPs: 60 SL PIPS: 20 Fib Entry: 1 Fib TP: .236 Stochastic: over-sold MACD Histogram: contracting down 200SMA: below Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot && S1 Elliot Wave: Completion of correction wave C. If we are starting a new upside wave, this...
Hulliburton Company (HUL) has reached the 200-day Simple Moving Average, and this happens about one time a year. In last five years, the price has almost always broken the SMA (5 breakouts vs 2 bounces) resulting in big movement over the next few weeks. Will it be the same this time as well?
Candle Pattern: Morning Star Trend: down Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .382 Stochastic: over-sold MACD Histogram: contracting down 200SMA: below Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot && S1 Elliot Wave: Possibly completion of wave 2 for a move to the upside Looking for a...
Candle Pattern: Evening Star Trend: up Trend Entry: against TP/SL Ratio Target: 1 to 1 Target TP PIPs: 15 SL PIPS: 15 Fib Entry: .618 Fib TP: .382 Stochastic: over-bought MACD Histogram: contracting down 200SMA: above Inside EMA/SMA zone: no BB: top Pivot Point: Pivot && R1 Elliot Wave: this may be point B of the ABC correction of the previous Wave 5 Looking...
Candle Pattern: Evening Star Trend: down Trend Entry: With TP/SL Ratio Target: 1 to 1 Target TP PIPs: 20 SL PIPS: 20 Fib Entry: .618 Fib TP: .236 Stochastic: over-bought MACD Histogram: contracting down 200SMA: Above Inside EMA/SMA zone: yes BB: top Pivot Point: Pivot && S1 Elliot Wave: Looks like we just completed ABC correction of previous elliot wave If if...
Candle Pattern: Morning Star Trend: up Trend Entry: With TP/SL Ratio Target: 1 to 1 Target TP PIPs: 15 SL PIPS: 15 Fib Entry: .764 Fib TP: .5 Stochastic: over-sold MACD Histogram: contracting up 200SMA: Above Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot Notes: morning star formed on the 200SMA, Daily Pivot and at the .764 fib of last swing...
Candle Pattern: Evening Star Trend: Down Trend Entry: With TP/SL Ratio Target: 1 to 1 Target TP PIPs: 20 SL PIPS: 20 Fib Entry: .618 Fib TP: .382 Stochastic: overbought MACD Histogram: contracting 200SMA: Above (just barely) Inside EMA/SMA zone: no BB: top Pivot Point: Pivot && R1 Notes: double top evening stars at the .764 fib level of previous swing...
Candle Pattern: Morning Star Trend: Up Trend Entry: With TP/SL Ratio Target: 1 to 1 Target TP PIPs: 30 SL PIPS: 30 Fib Entry: .618 Fib TP: .764 Stochastic: oversold MACD Histogram: contracting 200SMA: Above Inside EMA/SMA zone: no BB: bottom Pivot Point: Pivot && S1 Notes: morning star just shy of the last downside swing and just above Elliot wave 1...
Until the price is below MA and not out of the cloud, we should not expect a price hike. SL = 12000$ TP = 7200$
Candle Pattern: Evening Star Trend: Down Trend Entry: With TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .618 Fib TP: .618 Stochastic: overbought MACD Histogram: contracting 200SMA: Above (just barely) Inside EMA/SMA zone: no BB: top Pivot Point: Pivot && R1 Notes: morning star just shy of the last upside swing I believe this is...
Daily doji formed below 200 sma line followed by bearish confirmation which is also bigger than the previous bull bars. Stochastics in overbrought area. My only concerns are that there is no fib support/resistance suggesting that the trend is still going to continue up rather than dropping. Will look for 4hr and hourly bearish action to enter short provided the...