Support bounce in an Uptrend Corridor. It might be a short-term trade (potentially intraday), depending on price action. - 5-month uptrend - RSI and STOCH well above 50 on the 5min - MACD well above Signal on the 5min Suggested Entry $39.14 Suggested Stop Loss $37.48 Target price $46.58 Note that I tend to adjust stop losses in order to secure profits early...
Uptrend Support with an Ascending Triangle forming within an uptrend corridor. Target price set at the 4th confirmation of the resistance line. - 4-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $18.84 Suggested Stop Loss $18.28 Target price $21.04 Note that I tend to adjust stop losses in order to secure profits early and preserve...
Uptrend Support with a Bullish Pennant forming and price breakout. Target price set at a new potential resistance line. - 5-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $127.52 Suggested Stop Loss $124.15 Target price $146.29 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means...
Clear uptrend Support with a Bullish Pennant forming and price about to break-out. Target price set at a new potential resistance line. Once broken, it might have the potential for a greater run. - 5-month uptrend - RSI above 50 - STOCH approaching 50 - MACD above Signal Suggested Entry $39.35 Suggested Stop Loss $38.61 Target price $41.72 Note that I tend...
Clear uptrend Support with a Bullish Rectangle formed within. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $266.78 Suggested Stop Loss $259.47 Target price $290.81 Note that I tend to adjust stop losses in order to secure profits early and preserve capital . This...
Be careful - earnings tomorrow. I suggest you wait for earnings to be out to then confirm or dismiss the below theory. Once out, I would place an entry with a Limit order to confirm the breakout. 5-month uptrend with Support confirmed multiple times over the past 5 months. Ascending Triangle formed within, breaking through consolidation with an opportunity to...
Approach this with care. Medium confidence on the Resistance Line due to a lack of touch-points. Strong level of support, confirmed multiple times over the past 5 months in an uptrend corridor. Ascending Triangle formed within, just broken out. Place a Limit Entry to ensure triangle support confirmation and decrease risk. - Historical Uptrend and All-time...
2-month support established and confirmed multiple times in an uptrend corridor. Ascending Triangle formed within, just broken out. - 6-month Uptrend and All-time High - RSI + Stoch well above 50 - MACD below Signal. Suggested Entry $69.50 Suggested Stop Loss $214.69 Target price $72.64
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Bullish pennant formed within. Short term swing trade that I would close before earnings on 6th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $449.5 Suggested Stop Loss $441.25 Target price $525
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Ascending Triangle formed. Short term swing trade that I would close before earnings on 5th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $117.68 Suggested Stop Loss $114.47 Target price $130
April-May has shown considerable Upside movement June - July month is showing consolidation period ... prices has touched the red zone thrice ==> also showing breakout ( very high volume ) Daily chart is showing evening doji pattern .... Future price movement can be expected in two ways .. 1. legitimate breakout ... new consolidation zone around 740 ... at-max...
EURNZD H4 - Seen a 100 pip rally from support here, hoping to see something similar on EURCAD, we wanted to take a trade from EC rather than EURNZD due to RR benefits. EC seems to be lagging for the moment, saw a nice H1 engulfing from support, but have yet to break the counter trendline.
Hi All, It has been some time since I have posted a public analysis. We are currently at resistance at the 7250 region. Difficulty breaking this does not bode well as the next order block has proven to be historically a stronger resistance. There are two primary trend lines that im looking to have respected. We could see a retrace to that 8K region however this...
Hi everyone, Lets look at AAPL weekly charts While stock remains bullish, I think its set for a pullback, which I think is actually good for the stock too. It has had a massive run up and has bulldozed over all the expected the resistance zones on weekly charts. At this stage we see the following prevailing conditions 1. RSI dipping from overbought...
FX:USDJPY The Kumo twist takes place at the opening of this week. the price is at the mini support and only need to wait for the close of trading today to take the short USDJPY . if the closing price creates tails outlined in mini support then take the short trade because the price has also broken through the kumo cloud .
NYSE:DB Entry - $7.60 Target 1 - $8.30 Target 2 - $9.65 Target 3 - $12 Stop loss - $6.79 DB is at an important Fib level as well as showing Bullish Divergence. Be aware that this is a contrarian play and a countertrend trade. However, this area has a good chance of being a medium term bottom and we might be catching a trend reversal here which can be very...
Welcome to Forex Trading Snacks I know it’s the GBP! And some traders are asking is it time to sell it now because of it’s recent pop up from a short term bottom? No one up to this point has asked me if it was a good time to buy it for the same reason? So if everyone is short why is it moving up? Truth is there is only one good reason for getting into a trade...
Currency Pair: GBPUSD Time Frame: 15min Trend: Sideway Momentum: Bullish Structure Waves: The market is located in a correction Waves. Strategy: Swing strategy . Long R/R:~ 3 Entry & Exit points on the chart