NZDJPY is currently in a very strong Bollinger Band squeeze. I will enter upon a bearish impulse breaking through resistance. I expect price to continue down to previous lows.
CHFJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse. TP set at 249 pips near previous lows. SL set at 80 pips. I expect price to continue through resistance to previous lows as marked.
EURJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse making new recent lower lows. I expect price to continue to drop to previous lows as marked on the chart. TP1 has 1:4 RRR at 345 pips. SL set at 80 pips.
Good Evening Traders, After an impulsive move to the downside (green arrow), price has slowly rallied up into the previous structure low. Expecting price to break out of the triangle into the 142 level. Follow my twitter: BrightForex for more ideas! Thanks and Good Luck! Ike
Currently 23% short float interest in TDW. Trending slightly above 20-55day EMA's. Beaten down stock from 9$ to $1.36 at it's 52 week low. Since it's low it's bounced pretty well tagging $4.50 at it's high. That will be the level where we could see this thing run with no resistance until we are above $6's. I put the support and resistance as such in the blue...
Besides the past few months, this year has been extremely bullish for $NGD. Now that price has come to a major support area, It looks like the trend is going to reverse. I really like this trade due to the Squeeze Momentum Indicator showing bullish divergence, while also indicating a squeeze is going to happen. Also, on the WaveTrend Oscillator it is near oversold...
As you can see we go back to 50.20. There was 1st resistion at 01.12.16 & now we have support level here. if we will go lower we can get some long close squeeze to 49.00
Dow Jones index clearly shows a strong indecision. We have confirmation of this by price movement, who sees from the beginning of September a compression area from 18,170 to 18,200 points. This is due to buyers who buy at increasingly high prices, and sellers liquidating their positions at ever lower prices. All this has created a compression of price and...
New bounce on annual support. Copper bounced back again to the important annual dynamic support. This raw material is returned back into the price squeeze. It is priced in dollars, will definitely important to see his reaction to the Fed meeting on November 2 and the US presidential election. These two events could lead to breakout of the triangular figure,...
Watch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
Lithium X Energy Corp. has just broken the small wedge it has been forming. The reason I think this trade has a nice upside is because the StochRSI has been showing an oversold level for a while now, the squeeze momentum indicator is showing that squeeze is on, and the stoch is just above the 20MA which it has been respecting.
Pure Energy Minerals has been on an uptrend over the past few months. As you can see on the chart, price has been following a trend line that the stock has recently met again. The price has been respecting the 20MA - 50MA during the uptrend and price is currently positioned right under the 20MA, for me this looks to be an area of value to buy for the next move up....
SPX500 Tight & High Tight Squeeze High Range Hard to say if and how far will we go this year but currently looking addition for nice long-term Short trade. www.iBrokers.ee
Very tight and confined pre-breakout sructure on the 1 hour chart. If we get a breakout to the downside a move towards 111.000 is likely. A breakout to the downside is more likely in my opinion. If we on the other hand get a breakout to the upside we should see a move at least towards 114.500 (red arrows). A conservative play is to wait for the breakout and enter...
Reasons for upwards trend shown on chart, also other indicators of the trend are, MACD buy signal, and RSI gaining strength.
Erickson Inc set up for a swing trade. Reasons shown on the chart, but several other reasons are also the RSI is gaining strength, CCI has moved up over 0, and MACD is showing a buy signal.