4H Chart Explanation: - Price is on the Ascending Trendline. - Two possible paths from here: a) breakout and continue the down move. b) up move towards the All Time Highs. - Wait for a confirmation that indicates which of the two scenarios is the correct. Weekly Vision: Daily Vision: Updates coming soon!
After a month of sideways action, UTX broke to the upside to resume an uptrend. UTX candlesticks lengthened just prior to the run up.
EUR/USD 1) Two days we close above main volume 2) We have two impulses for first target correction 3) We have resistance zone 1.11923 4) We have Low volume trade zone for confirm first target correction --- Buy = 1.11500 Take Profit = 1.11950 Stop Loss = 1.11050 ---
USO is finishing weeks of #bearish movement and we're ready for some neutral to bullish price action off the long term trendline support. Accumulating in this area is key.
Here i have broken down my projection for the BTCUSD based on pure price action. I am going for a short position down to the $5800 level for this Crypto currency. Happy trading and use your risk management strategies. On this particular chart I have identified a swing high as well as a key resistance level on the 1 Hr charts.
Today and throughout the week I am going long on EURUSD and other dollar pairs. Donald trump has been aggressive towards china with the tariff threats so I see an intense week ahead for the bullish USD. Happy trading keep in mind my setups are intraday and the trends can change at any moment. Manage you risk and take educated trades. HAPPY TRADING !
Today and throughout the week I am going long on USDJPY and other dollar pairs. Donald trump has been aggressive towards china with the tariff threats so I see an intense week ahead for the BEARS TO REGAIN CONTROL. Happy trading keep in mind my setups are intraday and the trends can change at any moment. Manage you risk and take educated trades. HAPPY TRADING !
Today and throughout the week I am going long on USDJPY and other dollar pairs. Donald trump has been aggressive towards china with the tariff threats so I see an intense week ahead for the bullish USD. Happy trading keep in mind my setups are intraday and the trends can change at any moment. Manage you risk and take educated trades. HAPPY TRADING !
Today I am remaining in a short position long on the GBPUSD due to an AGGRESSIVE sell price action formation, and an overall weakening GBP economy weeks even. Here I have displayed it on my charts. My trading style is trading but you can possibly hold some positions much longer. Check out my analysis I would love you feedback. Happy trading.
Today I am remaining in a short position long on the GBPAUD due to an AGGRESSIVE sell price action formation, and an overall weakening GBP economy weeks even. Here I have displayed it on my charts. My trading style is trading but you can possibly hold some positions much longer. Check out my analysis I would love you feedback. Happy trading.
Long term trend line and ultimate bottom trend. Ascending wedge pattern still being respected. Short term bull, medium term bear (correction), followed by continued up movement along trend
After GDP:USD hit a double top at the resistance I've been bearish ever since. I think we will breakout of this ascending triangle pattern. Wait for confirmation at the lines of the triangle. If breaks down, set a short trade & the target will be the trend line. If stop-loss is broken go long.
United Airlines has its second largest hub in Houston, Texas where 7,400 flights were canceled over the course of the Hurricane. The company expects PRASM to decrease 3.5% to 4% due to impact from the Hurricane. Slightly higher fuel prices should impact YoY comparisons even if an overall edge is still present. I believe the company's higher expenses,...
We have shared this entry in the KHL chatroom. You can still enter at market, or buy dips to the key level at 45. With oil possibly topping for the year, this can be an excellent trade. Props to Tim West and his Key Hidden Levels. I've come a long way thanks to his mentoring. Leave comments if you take the trade with me here (or if you've taken any of the ones I...
United Technologies in a very risky situation... On long term basis price is trading between 10-year and 5-year means. Price close to macro means is actually an outlier, an indication of uncertainty of major market participants and investors regarding the stock. On short term basis price is currently on downward risk, as it trades below the 1st standard...
After tailing off for 2015, United is not facing a major trendline as well as a key Fibonacci ratio. If United breaks out, look for it to break out from this regression channel. If we break the trend, we have plenty of support below.
FTSE Resistance The FTSE is currently in a very strong resistance zone. It has touched this level 2 other times this year, we have seen several retracements on the FTSE this year and this seems to be where it stops the downward pressure with resistance. I have already enterered into the trade and have set a fair tight stop loss about 70 points away to ensure...