Hi Traders! The market was moving in a opening triangle. The trendline was moving up. Then it broke out last night to the next level at 1.35000. After that it made a pullback. Now the market could get some power and break out the trendline, at least to the next level, to continue the trend. We recommend to buy the breakout towards the next resistance . The...
After forming a large bearish engulfing on the October monthly close, and price breaking a daily ascending TL and creating a new lower low. I am expecting price to come back for a retest of the TL / one of my areas of interest before potentially another large drop. One thing which goes against this however is price is still forming mini HHs and HLs above my EMAs...
TSLA broke the 200SMA (pink oval), a couple of days after the MACD signal turned positive (yellow oval). RSI(10) @65 OBV slightly higher (blue oval)
I have not seen near as strong of buying momentum as on other Litecoin bull markets. Which leaves me to believe Litecoin is in a bear market rally. However, it did break the downtrend and the indicators are pointing in the northern direction. I put T1 and T2 on the chart. If this is a bear market rally these are two levels for Litecoin to turn back to the long...
Hello! GBP is trong trend is ending wait for falsebreakout at around 0.902 (my opinion) Then Sell Draw some Fib retrace for forecast support and resistant zone! Be patient guys, Goodluck!
When's a wedge a wedge and when is it a pennant formation? To answer this question:- #1 The wedge occurred post a trend-break which from experience is usually an ABCD down move at the minimum #2 The wedge is situated at a key interim support level (note the key SSR level at 2800) #3 Price action is now clustering below a new SSR level #4 Price action tried...
The pair has had quite the week. Since January 2, the Canadian Dollar has been the best performing currency in the world. This comes even with the report of soft economic data on Friday. What surprised me the most was the fact that US non-farm payrolls crushed all expectations, yet the USD still weakened against the CAD. My only explanation is that there was a...
Trend Line Break View multiple touch points to form the Trend Line.
Hey tradomaniacs, welcome to another free signal! --------------------------------- Type: Swingtrade Buy-Limit: 1.13572 Stop-Loss: 1.12992 Target 1: 1.14133 Target-Zone 2: 1.148 - 1.149 Target 3: 1.15 --------------------------------- Leave a like and a comment - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget...
Weekly T.F: Break of the weekly trend line which predominates for the entries in the short and the confirmation of the possibility of the break of the trend and the new uptrend + 78.6% of fibonacci which confirms slow backward movement. Daily T.F: Double floor + bullish emas with ema of 21 subtracting in support area 0.715 + 61.8% correlated fibonacci and fibo...
Hey guys, quick a daytrading chance! Type: Daytrade Short: 7.224 Stop-Loss@ 7.298 Target 1: 7.059 Target 2: 7.009 Risk-Reward-Ratio: 2.22 Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
I forgot to change my "Expected Scenario" in previous idea.
My guesses: If the pattern holds, IRBT will turn down to around $102.09 before beginning an upswing again. The RSI is right for this scenario, and the anticipated drop in price before the earnings report on Oct. 23 would indicate a final drop within the next couple of days, followed by a holding pattern until earnings, before turning up. However, I don't...
Fining Support On Resistence line from december highs possible inverted H&S and will combine with a Break out of the downward Wedge we have been in since january 20, 2018. If the inverted head and shoulder does continue to form and we get a confirmed breakout we will see a break out of the this wedge. The inverted head and shoulder gives up a break out target of...