Looking at current price , RIO has climbing to the top of the range. Going back and looking at price, it seems to like to reject when it is Overbought and fly when its Oversold. - Buy @ $116 - Target for 8% with the possibility of a Sell off again
Wesfarmers have reach all time highs and due a correction - RSI divergence indicating SELL - Buy @ $58 - $60 range - This would be a high probability trade to gain for Short Term Trade
Flight Centre has been ranging between 20 to 22 It is a very range bound stock which can make for short term gains, pip & dip strategy. - Waiting for price to go under $ 20 then will check RSI oversold for Buy - Buy @ 18.50 , strong support which can open opportunities for short term Buy - Buy @ 18 , would be at heavy discount, at this time RSI should be...
After a massive gain looks like Bitcoin can do some retracing - Had made 3 high touches but did not break - Had made 3 low touches but did not break - Lower High in the range SELL now to go down to Support for 5% , then holding to 52000 Consider BUY @ 52000 for a quick gain +14%
The Star has been getting punished hard and lack of confidence in traders has pushed price down to new lows. - RSI is oversold - Push down to Fib 1.27 Looking for BUYS for a discount @ 0.36 T1 for 13% T2 for 20%
Gold 500 pips Sell if we reach OR All time highs. We all know that CPI red folder news is one of the biggest news events for GOLD. It is highly volatile, however we can capitalise on what we know so far. IF Gold comes up to our highs, there is a very HIGH chance it will reverse giving us a 500 pip move back down to support levels. Lets go ENABLE CHEAT Codes and SELL !
Monthly biased is Long for GOLD - XAUUSD Based on Bullish Pennant forming Rejection at Highs is likely so will take T1
The Story of ZIP so far.. How far can ZIP fall ? where is the bottom ? Only time will tell..
Z1P has been on a free fall since Oct 2020 Big News : Z1P and SZL merger though the "Placement Price" is $1.90 , will Z1P be able to use this as Strong Support ? Rumor : Goldman Sachs the most likely candidate for a take over , will this happen?
After a bullish flag and break, the AUS200 has started to retrace to Support This is an interesting area to BUY as there are a couple of wick rejections at the 7380 area Using the bullish the momentum price may reject off this level again and then move to the upside to our highs. Buy @ 7380’s Stop @ 7365.1 3:1 RR
MFG price target $28 , this is a long term investment. At the moment we like to see a further sell off due to the GAP BUYING $16.00's at 1.27 fib level and having stops around the $14.70's Watch out for the Earnings Report in FEB
A beautiful Elliott Wave, we may see some SHORTing taking place as it is has reached ALL TIME HIGHS! Please leave a comment if you agree or disagree, also if you trade Elliott Waves. I have just started to read up on it and found this pattern.
(1) Big Daily Bat (2) Daily Structure if price goes higher we can aim for the Big Bat (3) Cypher pattern at market (4) Bat pattern at already a little lower than market (5) RSI Divergence (STOP) had to be little lower than 1.13 to get a 1:1 , stops are hug also with 200+ pips (T1) can aim for the 382 , with 136 even (T2) can aim for the 618 , with possible 134...
- Ghartly - T1/T2s traditional Targets. Trail the stop down if we can. - Lots of support, turn resistance
Very interesting chart. Price trending lower highs, but can't break. ??? Will we break structure and have a massive move up???
A play on the short term trend using structure and candles only
What are you thoughts on a Ghartly short USDCAD 1hourly ? Are Ghartlys profitable for you? On the Daily chart price has reached a support level, so it is possible that we can be looking at LONG. If we take the short-term approach, we can see maybe price may fall before going higher.