AEX is approaching our first support at 511 where a strong bounce might occur above this level pushing price up to our major resistance at 533 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price should...
AEX is approaching our first support at 517.10 (horizontal swing low support, 61.8%, 100% Fibonacci extension ) and a strong bounce might occur above this level pushing price up to our major resistance at 552.37 (horizontal overlap resistance, 50% Fibonacci retracement ). Stochastic (55,5,3) is also seeing a bullish divergence and approaching support where a...
Trade plan for $CO. Entered just before breakout with stoploss on bottom of flag. After breakout the price came above 200MA. Next target is next support and will be watching the 200MA support of price falls down. Trend looks like it is reversed from Januari 2018.
A beautiful morning star pattern can be observed on Valeo on the descending support. This pattern is generally very powerfull. A gain of 15% is probable with this pattern a break of the resistance canal is also possible with higher gains...
AEX is approaching our first support at 517.10 (horizontal swing low support, 61.8%, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 533.25 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bullish divergence and...
Path is getting more clear. We had 5 waves down for our A-Wave. When the A-wave has 5 waves you always get a zigzag pattern. So there will be a nice shorting opportunity.
Peugeot is in an interresting cup and handle pattern (cup T1, handle T2), the price has broken the neckline CR1 beginning october. Immediately after prices begin to growth before to pullback to the neckline with the recent market krach. The pullbback to the neckline is a very common behavior after a cup and handle pattern is confirmed. 3 scenarios on 4 are...
