There seems to be a possible double bottom formation occurring around the 5.35 area. The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum. I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of...
LJPC had a huge jump & now seems forming a flag formation. The flag break did not occur yet, however in hourly frame we can see that it got nice base of support in the moving averages and seems getting ready for breakout. So we would like to take a speculative entry around $34 & our target would just below $42 * Trade Criteria * Date First Found- February 28,...
DIS was going higher within an upward channel or rising wedge formation. It seems broken down the pattern, retested the broken support and getting ready to rollover. It would be a good short, If it breaks below 50 day MA, and for trade we would consider $110 May-17 Puts * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Upward channel or Rising...
ATEN seems forming a Flag formation. Moneyflow increased & showing upward potential. Looking very good as long. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.74 Exit Target Criteria- $10.57 Stop Loss Criteria- $9.27 Please check back for Trade updates. (Note: Trade update is little...
RMBS – upward channel, seems ready to break Trade Criteria Entry Target Criteria- Break of $13.60 Exit Target Criteria- $11.83 Stop Loss Criteria- $14:70 Option $15 May/Jun/Jul Puts You can check detailed analysis on RMBS in the trading room/ Executive summary link here- www.youtube.com Time Span- 13:00" Trade Status: Pending We checked further in Thursday...
NZD is currently in the uptrend channel and I think it is a good idea to enter long trade on the dip. SL and TP as in my chart. Fundamentals: USD should not have much space to rise as FED rate hike is already priced in the current price of greenback. On the other hand, NZD is a commodity currency and that's why OPEC deal could help it.
This is my perspective for this subyacent for the next weeks.
NASDAQ:GPRO is still following its channel, which could mean that it will continue to fall (until it reaches it bottom boundary). I would not be surprised if this happened. Check it out. (looking between 12.14 and 11.86)
Hey guys! A couple weeks ago I posted about a Descending Triangle on EURJPY that seems to be near completion soon! But I seem to find signals that it will be an upward breakout instead! -Stochastics have shown a bullish divergence -Weekly chart Fib Retracements has shown that this Descending Triangle is resting on the 50.0 Fib Level Seems like it could be a...
Support and Resistance zones for NZDJPY with Fibonacci levels to keep an eye on. Price has recently bounced lower from the 50% Fibonacci level, with price currently experiencing a small bounce on the edge of a key monthly support zone.
Monthly Support and Resistance zones for NZDJPY with Fibonacci levels and a key upward channel to also keep an eye on.
EURJPY currently breaking below 50% Fibonacci level after trendline held. Price also moved out of upward channel as well.
4 Hourly analysis for CADJPY which is currently in two upward channels. Price action has moved away from resistance at 61.8% Fibonacci level, now it is stuck between trying to move lower away from the 50% Fibonacci level and 4 Hourly resistance zone. But price is currently being supported by the lower trendline of the 4 Hourly channel.
NZDUSD m30 is in an upward trendline currently and it might bounce down a little before continuing its journey upwards.
its seems this correction is a WXYXZ (triple ZZ) . but wave (x) triangle ...?
Pfizer is doing pretty well on long term perspective Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33 Nothing stops the price from trending upwards -...
Hi everyone, simple trade idea, the trend shows higher highs again as we can see with the 200 period simple moving average. This pair is usually quite stable waving up and down and the RSI and Stochastic show it is a good moment to long. I will enter in this trade unless any bad surprise on Monday. Any opinion is welcomed. Good luck.