Here's the game plan Fam. If that bottom TL fails then all bets off otherwise if the bottom TL holds I will take a long scalp.
Probability of price breaking away from the purple range (highlighted on the chart) by 600-980 pips is >85% Note: Grey lines are anticipated pivots to instate the big move
Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback in wave 4. Wave ((a)) ended at 223.55 low and wave ((b)) bounce ended at 231.66 high. Facebook then extended lower in wave ((c)), which ended at...
MartyBoots here . I have been trading the markets for 13 years and want to share my ideas with you Do NOT MISS THIS
From my analysis I see growth prospects up to area 1.68 before the end of the month. The rise in oil prices, economic activity and the climate of positivity that is developing may bode well for this trust. I have it in my portfolio as monthly cash flow
expecting all equity markets to rebounce and test the previous tops.
There were mad moves on the DJI (Wall Street) north on Friday 5th May 2020. The bulls gored the bears big time. But there's 'fundamental' stuff that's not right. The Bureau of Labour Statistics (easily findable via a search engine), said that their figures were not correct. They even said in their report that if unemployment was counted more correctly the...
Hello all, I do not typically do any analytical content out side of cryptocurrency, but with the state of the markets and everything happening I thought I would take a look. This analysis is just a simple thought process so do not trade based off this. S&P 500 in Elliot Wave Correction. This seems to be a possibility. After the unfortunate spike in the...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
The stock market has been pumping and with things coming back to normal, we are going to likely be climbing back up to pre-covid19 levels, but nobody knows this for sure, so I find marking key levels of support and resistance helps me keep track of my bias so can take trades accordingly. Once the levels are nailed down the execution becomes the next...
It is breaking the buy point out today. The volume is about to exceed the average. watch for channel resistances. 12 months Consensus Price Target: $18.57 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
This is not a prediction. I don't do predictions. The setup is only a probabilistic estimate based on a reckless disconnect between market sentiment and fundamental reality. It's probably the most reckless in history. For every probability estimate in one direction - NOTE CAREFULLY - that there is a residual probability in the opposite direction. So if for...
Buy @0.940, TP @1.480, SL @0.650
Buy @1.190, TP @1.40, SL @0.78
Hello fellow traders ! The chart speaks for itself, nice bullish candle trend break with the 50 day moving average as support. MFI was oversold and making its way up, stochastics gaining traction as well. Looking at the fib levels to have an exit plan. Just my opinion! Good luck ! ;)
Upwork is a company that mainly makes money as their hired consultants make money. So the more employers hire people through the service the more revenue they generate. This could be problematic long term as after they hire a "temporary employee" because thats whats assumed through the program if they decided to hire them long term after their term is over then...
Netflix ha tenido un alza en los últimos días y semanas, llegando a máximos históricos de $433 por acción. Nivel que ha roto el día de ayer y esta convirtiendo ese nivel ahora en un soporte. Expertos creen que en los próximos meses Netflix pueda llegar a $520 por acción o incluso más.
See chart and risk to reward for details...