BHP GROUP LIMITED

ASX

BHP

This is one Shoulder Head Shoulder ready to fall and close the GAPs below? Beware, eye and focus. @Luizdenot @xbroker

BHP looks to be forming a possible H & S at a strong resistance, looking at a move back to the longer trend of $34 or $35, before continuing its uptrend. ill also be looking at a close below the middle Bollinger band before entering this short.

Some times the slow moving obvious trades are the most profitable. BHP has been in an up trend for a good few years now and now it’s hit a resistance level. If it cracks it, a 20% appreciation to $46 isn’t unreasonable. Otherwise a drop to $36 is likely.

I have no idea what I'm doing. But it feels cool to draw lines and such.

BHP - Will it break through old resistance area ? BHP has been having such a good run of late, I thought I would have a look at much longer time lines and you can see it is entering this really interesting resistance pocket. I would probably want to see it crack $40 before making a strong play at it, but might be worth a watch. About BHP Group BHP Group Ltd,...

BHP group

china banning coal imports. possibly also iron ore

chart has notes, dont get stuck up there

Graphics test system in progress ...

BHP has three swipes to the high and has accumulated there for quite some time, three levels are seen. BHP will most likely break past perceived resistance, maybe accumulate for a few days, and then drop.

BHP is approaching support line where it has rallied many times. BHP should do well this year and break out of this channel. Happy Trading!

Trading in a tight channel and it looks a turn to the downside is quite likely, expecting if we break below the channel to fall into the blue box which would have us in the range of $29.27-27.44 before seeing a possible bounce up.

BHP for the last two years has been quite the bullish pick of the ASX, after it's bear run from late 2014 it was an obvious investment for the long haul trader. - Now into late 2018, we can see that price is currently retesting structure at the range of DEC 2013 and JUL 2014. Currently ranging in the structure zone as displayed, accompanied by an RSI divergence,...

Refer to charta - Enter at 33.14

If the channel is right, the asset will fall close to the Up Trendline...Let's follow up to see ...#luizdenot #xbroker #bhp

Stop up here at AB-CD or first run the stops above that are marked with the thick red line - eitherway we are coming into a big area of interest

BHP share prices fell below the price channel in today's trading session and now slipping into a bearish boundary. BHP share prices will need to stay above its 500 EMA line to avoid falling further. Potential future support and resistance are marked on the chart

- Consolidating market : but within a Bullish market - Coming down into an area of interest of support - looking for T1 at 35's - Stops below 31's - Note: Its interesting to see these moves are made between 1-2 months apart.