I really like this stock, and i think we could easily see a 20% rally in the coming weeks. I already bought it some time ago at 22.35 and my emergency stop is currently slightly below 20, i will probably close the position if we break the 22.00 level and dont show signs of a strong reversal. In my eyes 22.00 is a key level if we break it and stay below it, there...
If we break higher tonight on the FED Minutes it will probably be some kind of stop hunt above the recent high. I dont think it will be a sustainable move above 101.80, except something really major happens, that turns the sentiment on the USD completly around and makes it super bullish then look for buys above 101.80. But right now i am not seeing this scenario...
EurUsd is on my watchlist for a bull swing higher towards recent highs and maybe a little bit more. I prefer to wait and not to jump in while the market is moving aggressivley lower like now. Lower timeframes (15min, 10min, 5min) can give clues when the downmove is slowing, or a change of direction is happening. So be patient and dont rush into a position. Price...
Next leg higher is probably coming. I am expecting it to be as big as the first impuls. approximatley 750 pips. I am awaiting more positive sentiment on the british pound before jumping in.
I see a lot of traders losing in situations like this. Thats why its important to watch fundamental developments and news. Because waves and all the chart analysis of this world, can give you a bias but no more. My bias is GBP bullish because of technical analysis, but this does not mean that it will rally directly just because i see it so. What will make it...
Chart is really clean and technically beautiful to play. The 120.00 level is pivotal and very important, i am looking to play this level and the flag from the buy side. As you can see on the chart, bears were not able to make a decisive move below 120, the bulls countered pretty good, showing a strong hand. Look in the lower timeframes for a entry according to...
My view on EURGBP. We are currently in a clear downtrend, but in the shortterm the market seems oversold and ready for a small corrective phase. We just had GBP average hourly earnings data, and they were not so great, so there is scope for a shortterm move higher in this pair. For the remaining time in this week i will be looking for small flag setups to BUY with...
Bulls were not able to make a decisive close above the important pink trendline. Bears used the fundamental trigger of the RBNZ to make an impulsive move lower forming three black crows. For me it seems like the top is in place, i am looking to sell a corrective move higher towards 0.7300 because i think bears should not allow for a close above the pink...
If you take a look at this daily chart of TULLOW OIL, you can clearly see some big potential for a move higher. I personally entered as shown on the chart because my analysis is showing a beautiful lowrisk setup, its a very tight stop, you might aswell give it a little bit more of breathing room, but the reward is very tasty. I think if OIL prices start to go...
I am not gonna say much, except i am buying with a stop around 1.0320 targeting a serious move higher.
Perfect setup. The multimonth correction is in my opinion over. Look at this tasty ending diagonal, if it plays out, there is some big pips to be made. We have a dynamic impulse after the NZ-Unemployment report. It came in very weak. Market made a false breakout to the downside, and now it broke the golden trendline. Watch for a potential flag, or corrective...
Beautiful textbook breakout out of an corrective wedge after an initial impuls higher. We formed a nice bottom and correction seems to be over, we broke impulsivley higher above the all important 1.50 area. Look for a small corrective move towards 1.50 enter with a tight stop at 1.35 and let the market do the work for you. I love this setup. Risk:Reward = 1:5
Trendline broken, and market formed a textbook flag above the broken line. For me a textbook buy signal is forming here. If you like to take a little bit more risk like me, buy here at 975 and place your stop at 957. Target would be the longterm trendline at 1060. This would result in a nice 5:1 Risk:Reward trade. If your looking for a more conservative...
Waiting for the breakout of the green upper trendline. A beautiful trade might be setting up. I am not going to buy as long as we are below 8.90, because further move lower is possible. I want a clear impulsive breakout of the golden zone, and then i will buy the correction with a stop at 8.80 targeting 9.20 and 9.30. Also keep an eye on USDNOK and USDPLN,...
Textbook triangle breakout! Bears failed to break to the triangle to the downside, Bulls are now dominating this market midterm. Note the 50,100 and 200 DMA's are all tight together, big move probably coming. Wait for a small retrace towards 60.00 and a bull bar put a Stop at 57.50 Buy and keep it in your portfolio. Target 70 and potentially 80. Keep it simple...
After a strong impuls higher we have been in a corrective trend lower, and from a strong support area, we broke this important trendline higher. I am expecting further upside in the coming weeks. I am long since 2220 with a tight stop at 2198. Targeting 2420 and 2620. Buying dips in this stock should be a solid play in coming weeks. Blessings to you all.
Pretty simple setup. Multiyear trendline got broken yesterday, market gapped higher and stayed above the line. Market also broke a textbook triangle pattern. I already entered one position @ 9.93 with a stop @ 9.22 and targeting a big move higher. and i might also take a second position if market retests the top of the triangle. Earnings are a risk factor, but...
Bulls managed to make a breakout out of this circled corrective pattern. Now after the breakout, market is retesting the breakout level and i am seeing potential to buy here with a tight stop. Note the previous similar breakout pattern, that was followed by a big rally. Buy @ 5.53 Stop @ 5.43 1. Target @ 6.00 2. Target @ 6.75 There is a potential 1:11...