Pullbacks are healthy, for this stock to remain bullish it needs to move down to .382 or .5
Every time the S&P has made a Balance area at it's all time highs it has sold off hard. We just broke the most recent balance area to the downside again.. Looking for a bear run for quite some time. I fully expect market to revisit 1850's again, just given previous patterns. Best of Luck
talk about a croc of shizza. if there is one thing i learned from trading, it is this: don't use fancy systems to make good returns. keep it as simple as possible. you don't have to trade. in fact you can always invest and double down when the market is wrong about price. you simply cannot predict price action. trading psychology (if there were such a thing) will...
Potential Bear Shark. Looking for target to hit at most 1.618 extension of BC leg. But might also hit between .886-1 of XA leg.
For confirmation, use renko 1h + MA8 crossover. Hold until renko negative crossover MA8 CCI seems to point to when its GO! just keep an eye on it Its a clean and simple setup, you should not be able to do wrong here. Company has attracted new investors and something is brewing, new members of board to be elected 21 june 2016. Please do your own research on...
EURUSD Month trend = Flat Week trend = Down Day trend = Up Stage = correction in down channel BUY and SELL available SL=35 pp.
Recently saw a new structure low on the daily chart. We are now retracing into previous strc. which should become resistance. The market gives us a bearish bat pattern which acts as my reason for entry. Because we expect further downside on this pair my second target will be the retest of recent lows which gives us a nice risk/reward profile. Trade your...
A swing trade Short on EUR/USD. Have entered yesterday currently at 30+pips profit. However I will follow up on this trade as with all my other trades the fundamentals as I am expecting volatility on this pair due to the eurozone issue that Brexit and the fairly weak Euro is causing and the Dollar expecting rate hikes (although chances lower now due to NFP) will...
As posted previously in my published analysis of CHF/JPY I am looking to continue with my Short Bias with targets at 107.000 then onto 104.209 as the final target for this trade. I have entered yesterday was down about -60pips however, the trade now seems to resume its down move and currently sitting at about -14pips. Stop loss set at 112.109 Also check my...
Just like the Bull cypher on the Gbp/Jpy that I posted about, you have a bullish cypher on the Usd/Cad currently at market with a better entry price. If you don't trade cypher's or if this cypher get blown out, you have a bull gartley that will complete at 1.28345. Both offer good R/R ratios and great upside potential.
This one is a nice oportunity to break nicely the 5 round number, and could fill the gap for a nice low risk setup, another nice thing the SMA 50 is just in the closing price...the target is 6.23 and the stop 4.56 (sma50) only if the price breaks the round level of 5 with nice relative volume
What I like on this stock is the ascending trend above every moving avarage, is some kind of ascending triangle close to the 10 big resistence, the target on this one will be the SMA200 in 10.54, and the stop in 9.19 (al the SMA area)
This stock test the 9.80 area 5 times, so in this case the SMA 200 will be below the price if we make the breakout the same as $CHI...I expect nice relative volume on the day of the breakout... target above 10...stop 9.29
GBPAUD well, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price...
Potential Gartley Pattern Formation on GBPUSD Place Sell Limit Orders @ 1.47500 Take-Profit Targets at .382 and .618 retracements of A:D Leg. Stop Loss @ 1.48251 (1.131 Extension of A:X Leg)