descending triangle monthly timeframe short confirmation or wait for retracement 0.61
claramente los bancos europeos fueron afectados por la crisis de DB , pero ya comienza recuperarse . las acciones del bbva estan muy por abajo de la MA de 200 , incluso coincide las bandas de bolingr en el miso punto .primer target seria 4.97 y el segundo 5.10
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Write sometning about your psyhology thinking before trade? I am good at one week pause Describe the trade. What you see? play within the channel on a way up What have I done well for this trade? Enter point was at the right time maybe a little to late What can I take away to help with later trades? that the stop loos in this kind of trades should be much wider,...
ALXN is approaching our first resistance at 5.50 where we might see a corresponding drop in price to our first support at 5.24. Stochastic is also approaching resistance where we might see a corresponding drop in price.
BBVA reversed from its resistance where it could potentially drop further to its support
BBVA is approaching its resistance at 5.309 (61.8% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it could reverse to its support at 5.025. Stochastic is also approaching resistance where a reversal could occur.
BBVA is approaching its support at 4.88 (61.8% & 100% Fibonacci extension, 750% Fibonacci retracement, horizontal overlap resistance) where it could potentially rise to its resistance at 5.06. Stochastic (55, 5, 3) is approaching support as well.
BBVA is approaching its support at 4.551 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 4.832 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
BBVA is approaching its support at 4.551 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially rise to its resistance at 4.832 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 2.91% where a corresponding bounce could occur.