technical_analysis

Expecting price to hit C) where my trend line and S/R meet. Expecting price to shoot up to the D).

Aetna Inc has been in a bullish trend since 2007-2008. It has been in a steeper, and narrower bullish trend for the past four months. On multiple occasions through the long bull trend, three of the technical indicators discussed below are at similar levels that they are at now. These instances have resulted in short-term losses for the stock. I have also conducted ...

Simple price action on move, Broadening top in a price channel

In the following chart you can see my opinion about AUDUSD. I believe the pair would start moving in a bearish way due to the complete 5-wave move.

AMD has fallen 9% since taking profits. There are some technical levels that the stock could find support. I'm still Bullish on this stock. With a new chip and earnings being released at the end of the month, I expect the upward trendline to hold. I'll look to buy when there is a confirmed bounce. This trade has a risk to reward of 9:1. Post thoughts!

H4 Chart Technical Analysis: Short Candlestick analysis of a bullish real body followed by an inverted hammer/topping tail, to a bearish engulfing (of the bullish). Alongside this we have the MACD's anticipated crossing over and Overbought RSI at the time of the inverted hammer. My target is not necessarily to 'touch' the bullish trend line of support, but to ...

Should be some clear trades on TWTR. I'm going to trade the potential channel; the break of support or resistance. I hold a lot of swing trades but TWTR will be day trades. It will be important to use the lower time frames to get the entry and exit.

GOLD: The commodity continues to hold on to its upside pressure short term leaving risk higher in the new week. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further ...

Hey Traderz! Today, I have found a very good setup. Now, I already have a long position - for testing purposes. What I see is the following: On Monthly Chart there is a huge double bottom Both Weekly and Daily Chart provides information of going long on this pair We know that Euro has overachieved almost every G10 currency with an advance of 6%+ this year ...

Hey Everyone! Let's see a scenario for AUDUSD LONG. Very strong support/resistance @0.745 - white line An upward movement for 7+ days A valid trendline that holds the price Now, even if we have these good points we can't just look at the long side. I will only take this position once the price hits the 0.746 or even a bit higher. The safest place to ...

r/r 4.08 and 1.83 respectively for short term profit targets

Here, we have a bullish 5-0 on the 4H chart with GBP/CAD. Price is making a steep break to C point (1.79623) measuring in at 1.618. Following C point, we can look for a 50% retracement at D point (1.68521). Risk/Reward Ratio - 1:3 The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50

Hello, traders! This set up is looking too good to pass! Here we have a bullish 5-0 on the 4H chart with NZD/CAD. Absolutely nothing but GOLDEN RATIOS & 50% RETRACEMENTS. With price making its way up to C point (0.96176),we will look for price to reverse and make it way down to D point (0.93955) and completing the pattern. It should be noted that C point ...

Hello, everyone! I hope everyone week is going well. Today, we are looking at a bearish 5-0 on the 1D chart with the NZD/CHF. Price is making its way down to C point measuring in at 1.618, which is also a very strong support and resistance zone for this pair. With price reversing at C point, we can look to place a position at the 0.50 retracement coming in ...

The price is seems to retracing after a strong uptrend. In this chart i present you a possible "reverse head-shoulders" formation, with many chances of profit if it is comfirmed. Please like is you find it usefull for your trading strategy. Thank you very much.

Hello, traders! I hope everyone had a great weekend. I am PUMPED for the week ahead! Here, we have a bearish 5-0 pattern on the 4h chart with the CAD/CHF. The Canadian Dollar is looking bullish on all charts this week. With price beginning to reverse at the C point, which is a strong support/resistance zone, we can look for price to make its way up to D ...

The pair seems right for a short after a three-day rally. The RSI indicates that it is approaching the overbought conditions. Any break above the resistance level on the hourly should favor a long position but this seems highly unlikely as momentum is lost.

AUDJPY bearish swing trade set to continue. See chart!