can see here is at 71% fib zone and major resistance looking to close daily as bearish engulfing seeing a good sell opportunity long term swing trade taking partials along the way great risk to reward.
EURNZD - 3a - 190204 - SHORT - OANDA - ATx3 - 4H - (RRR 6.58)
In that OANDA:BCOUSD 240 minutes chart we can identify two opposite forces. On one side the momentum is correcting bullish attempts, on the other side Buyers are rescuing the price correction. As shown in the chart step by step bullish bets managed to push the price up, one level after another level. As we learned from Bill Williams the momentum is the last to...
Inverted Head and Shoulders in USDCAD! -Wait for the breakout of the neckline for confirmations! ALSO: Possible outome #2: DOUBBLE BOTTOM! - Be carefull with bear traps ;)
USDSGD - 2a - 180126 - LONG - OANDA - AR - 4H - (RRR 8.42)
Really like today's candle. Would like to see a retest of the low of January 29th candle to get into some March $100 calls at $4.10 with a $1 stop. Let's see what she does next week :-)
LTC looks like a decent swing leverage short here petering itself out on lower time frames at resistance
Sterling has been a really tricky asset to trade recently, lets see if we have spotted this one right.
Im trying to illustrate this Elliot Wave's analysis as simple as possible and as clear as it can get. The explanation is simple: Price is currently showing rejection at a key resistance area and it matches to be impulsive wave 3 with its 5th sub-wave having already ended. The projection is for the market to create the corrective wave (iv). - Short term sells...
price is at the support of this ascending channel, looking for price to continue this trend.
Ever since SQ broke its downtrend from the all-time high at the beginning of 2019, our team at PLT has been watching for great intra-day and swing trade setups. SQ is one of our favorite companies to always remain bullish on due to the products and services they offer in the Fin-tech industry. This trade was planned on January 18, 2019 over the weekend to enter...
VTVT had news on Phase 2 study and it spiked 21% It close pretty strong as it stayed within the 5min chart break out zone. Possible runner tomorrow or a few days as I do see accumulation going on. Reason: 1. Indicators is still strong and positive with RSI divergence on daily. MACD positive 2. Price still within the channel of support. 3. Overall, the company...
After researching the trend of AU on 10.10.18, one of my worst days as a novice and new trader, this stock hit my radar. I followed it early on 10.11.18 just to be sure that it would break thru the resistance line set up over the last 20 days or so, and then jumped on at 9.37 With a price so low, most traders with any type of bankroll can get their hands on...
We've recently some good news coming from the U.K but how long will it last? it could be a good opportunity to sell now as the trendline appears to be holding.
$MDT has been reaching higher high after higher. today it finally had massive pullback. This the best time to get for the cheapest price for when earnings come.
Possible break out soon. Low Risk / Reward to 50 dma Reason: Stair stepping on daily making higher lows Low volume Indicator: RSI is at 45 and has been increasing (not overbought yet) MACD still in negative so this might spike soon. Recent offering in 2018 had created a sell off and currently accumulation has been steadily moving the price higher. Higher...
NYSE:CARS is showing a lot of strength. If it tests the resistance, pulls back and goes back up, just like drawn on the chart, then buy as a swing trade above 25.50, with a stop at 24.90; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then I wouldn't chase it. Please like and comment if you like my ideas. THANK...