Using our ElliottWave Indicator suite for the TradingView platform we have put together a long term stocks swingtrading opportunity for QSR on the Weekly timeframe. The wave 4 profit taking pullback has found support in our Red probability zone, which represents a 75% probability that the price will return to the main bullish trend and hit our automated elliowave...
BEAUTIFUL H4 UPTREND CHANNEL WITH A 3RD TOUCH TRENDLINE CONFIRMATION ON GOING LONG
GBPCHF seems to have the necessary strength to get out of a 5-week congestion phase. that is quite unusual for such a volatile currency pair. Buyers seem to push the price higher, already attempting once to break the resistance formed by the sideways trend. Bad news is that the price is currently also forming lower highs, showing a very tight pennant on the...
USDCAD is on a support formed by a very important swing high that we had before. In addition, right on the same level, there are the red and the orange moving averages that could work as dynamic key-levels. Normally, we wait for a sign of rejection, but we can get an extraordinary risk-to-reward ratio structuring our trade like this, so I'm going to reduce a...
I really like this EurGbp long trade here. On the weekly chart we can see we are on the trendline of support established July of 2016. The technicals I like about it are converging macd as demonstrated by upticking histogram. The Rsi is on support established back in mid 2015. On the daily we are currently testing pivot s1 for support which is a flip of...
Here is a great opportunity to pick up LVGO . At Three Percent Trades we have a price target of $35.00 / share, which is a potential upside of 54.4%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot. So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK....
Trade Summary Ticker: CCXI (Last: $8.84) Entry: $8.50-8.84 Price Target: $13-15.0+ Target Timeframe: 0-6 weeks Trade Thesis CCXI is an orphan/rare disease-focused company with a robust pipeline of clinical assets targeting autoimmune and inflammatory disorders as well as cancer. The company's lead asset CCX168 (Avacopan) is an orally administered small...
We are currently near two key levels: a daily and a weekly underneath. Waiting to see if price will breakthrough daily SR level and head to the weekly. What it does at the weekly if it can get there, will determine if we will have a strong bullish or bearish move. Here are the TPs for now: BEAR TPS: • 1460.33 • 1455.75 • 1442.25 • 1438.31 • More TPs if...
GBPJPY recently has shown good action by buyers. I'm waiting to see if this action continues and is strong enough to take GBPJPY out of a sideways trend that seems to be very solid in the last period. I place my buy stop entry order out of the congestion phase to confirm the breakout and the strength by buyers. Risk to reward is great for this trade :)
EURUSD is a currency pair that we were already monitoring in our daily analysis on YouTube. As I mentioned yesterday, I wanted to wait for a better signal because the blue line of the Ichimoku Indicator was heading up for the first time in a while, so not a good sign for a possible short position. We finally had a good rejection on the cloud, with some strength by...
This chart on the daily looks so juicy for a buy and as my confirmations line up i look at seeing if price will either go up to mitigate or fill imbalance, if it does so will we see a reversal happen or a change of strong direction? Maybe, thats why we trade with a stop loss However we cant ignore the fundamental factors going on right now within the eurozone...
Dear Traders, The upcoming three months, Gold is very likely to be around the 1600 mark, with that bias in my head it is important to position myself in multiple longs. Currently in two long-term gold positions which have their stop loss at break-even now, but I will be looking to add positions every week. Every time I can trail one stop loss to break-even I'll...
Its always great to have long term investments in your portfolio with strong growth Stocks. CERN is getting ready to be added to our portfolio after a recent wave 4 pullback on the weekly timeframe . Using our Elliott Wave Indicator Suite for the TradingView Platform we can see the recent wave 4 met all of our criteria for behaviour. 1. Wave 4 pullback found...