what a dovish tone it had from BoC, UC was rallying hard for the past 4 days. I'm expecting a retrace from here to 50% fib level(1.337ish), which is also a support from previous price action. TP and SL are marked on the chart, good luck.
Nothing special, just expecting a little retrace on gold, entering at 1286.5, both my targets are on the chart. 4H shows signals on RSI. Quick trade, not full trend analysis 1st: 1297 2nd: 1302
GU currently looks bearish right now, since it had the best week for bull last week. I heard lots of traders calling full bearish trend atm, but, based on the price actions on bear, I'm not convinced. If bears are getting ready to step in, a big fat bear candle or crossing star should be involved. In a short term, I'm expecting GU to have another bullish up move...
Everything on the chart already, Got in at 148.32, expecting 40 pips move at least. Bearish Wedge+MACD & RSI Bearish Div, should be low risk with great RR good luck and poke butt
Pound related pairs got some strong movement in the past 8 hours, although it looks really bullish in a smaller time frame. But still Bears are in charge in the bigger picture. In a short term, I'm expecting another bullish movement until it hits the resistance line. Traders may say there's a gap needs to be closed around 143.43 area, I think it will, but not...
This is a wild and bald prediction, I'm expecting gold reaches 1050 area by the end of the year. Coz I'm high right now, and I can't control myself gamble hard
Another junk yard stock--HMNY I was in on Friday at 16 cents, expecting a future pop to 0.3-0.45 area. No technical analysis or proofs for this kind of stock. I'll send my prayer to anyone that trading in this trashy stock. This is a risky one, more like a gamble, do your own risk management plz~ Best, Cornhub
Junk Stock, I'm thinking about a pop will come in the next few trading days. This is more like a gamble, so trade in a small amount and do your own risk management. Expecting a 2x gain on this. Good luck
I barely post stock analysis in here, but I''ll open a short position on $M today. Here's my reason: I went to Macy's today trying to buy a new pair of sneakers, then I found a pair of shoes that I love and I told the sales lady to hold it for me coz I want to see some other stuff(that's the last pair on that shelf). Just couple minutes later, I came back to that...
Weekly chart shows some weakness on gold, previously we got some noises on 1365ish and unable to break the top, since we were down from there, I feel like we are going to have some bearish run. If we are able to have this and next week green on weekly candle, we may wipe out the bears and hit above 1365. Otherwise, we may hit down to 1304 area, which was a...
CAD has been rough these couple weeks, bad employment data last week plus terrible CPI and inflation data on past Friday, which really drags down CAD or CAD related pairs. For CADCHF, I'm planning to let it fall for a while, but I'm not tending to be full bearish. If we zoom out to weekly chart, personally, this crosspair has been built up a huge foundation for...
FYI, monthly chart says it all~ Love from Cornhub~
Let's wait for the next move: Reasons for staying neutral at this moment: Upside: we may on the end of wave 4 and ready for wave 5 since we have a support trendline there Downside: Double MACD and RSI bearish divergence on Daily chart. so..either we wait for the uptrend yolo swag up... or..wait for the downside breakout~~ *trade at your own risk
Everything written on the chart, set up a small amount of short at 6.72 for a short term trade, targeting somewhere around 6.62, stop loss at 6.755, great RR ratio. Not a pair I traded most, but I just wanna give it a try. *trade at your on risk, thanks
UJ has been falling for a while, but on the 4H chart, I see both MACD and RSI divergence on chart. By far the Risk Reward is good, I'd long at this moment with a small buy. The big picture looks UJ may fall further more, but i'd give a shot on this small bounce back. Targeting top wedge and even break thru.
Just a quick opinion on GDXJ for now, its been running great along with the gold bull, on my chart, it breaks the previous RSI down trend and it still remains in a uptrending price channel. If you are not in miners right now, i'd suggest to hold on, and If you are in miners from a fairly low price, i'd suggest to profit out some unless the top wedge breaks and RSI...
Just randomly scrolling some stocks, and saw twitter here. Technically, on weekly chart, it appears to me it had a breakout of the descending triangle and RSI has a wedge breakout as well, so far everything looks like a great buy opportunity on weekly chart. But...twitter had multiple negative earning reports in a roll and that's somehow worries me a bit. Mr....
Gold on 4H at this moment perfectly bounced from the supporting line and also the EMA 34, it's likely to revisit back 1200+ again, besides, on my chart, it has a tiny hidden bullish RSI Divergence as well. Besides, 4H UJ somehow bounced down on EMA 34 as well (what a coincidence, and i'll post chart below) Switch back to daily, looks like gold is sitting on the...