Just_PIP_it

Just_PIP_it Updated 

Selling the 108/106 Bull Put gives you a 69% of Break Even at Exp with 48% return vs Risk. Nice Double Bottom Support above the Spread.

Just_PIP_it Updated 

On a Break above the trendline, long entry supported. Holding major volume support and less than 50% Pullback Targets 1:1 or 1:2

Just_PIP_it

With shorts covered and the previous 4 days of bullish price action, look for a pause bar potentially monday/tuesday and/or a trend continuation to the top of the range. Expecting heavy pre-market volume of more shorts covering, buyers taking positions. Great Swing Trade (stop loss below $21 or bottom of Initial Trend bar $16) or intraday trading.

Just_PIP_it

Looking at opening a Bear Call Spread, earnings for airlines mid Jan, will probably close before if profitable early. Expecting range bound with a little bit of bullish sentiment retesting around $21-$22. Option Prob 80% change of closing under $22 over the next 30 days. Trade setup 10 Calls Sold $22 Jan 21 22' 10 Calls Bought $23 Jan 21 22' Max Profit $170,...

Just_PIP_it

Just my opinion based on the present daily chart. From the picture you can see consolidate above previous consolidation and a strong bulling candle breaking through previous resistance. The last two days have only showed minor pullbacks, a break above the 50 MA could yield a 100 pip run up.

Just_PIP_it

Looking at the 1 hour, if we stick and hold above the 50 MA, good chance we will be running higher.

Just_PIP_it Updated 

Low Risk Entry on the hourly, you can see by the circled area we are holding right above the 50 Day Moving Avg. The shaded area is where I'm looking to break through and hold, with a target above the last high.

Just_PIP_it

As indicated on the chart if we get some upward movement from this position , this looks like a great opportunity to go long with low-risk.

Just_PIP_it

Looking at the BAT Harmonic pattern, we've got a great sell Opportunity coming. I shorted too early yesterday, re-evaluating this looks like the best point to go short.

Just_PIP_it

Looking for a potential sell opportunity in the grey shaded box or a break of the current setup. Take profit will be at the bottom yellow line indicated by the arrow.

Just_PIP_it

Looking at the chart a possible buy opportunity if price holds above the orange horizontal line. You can see the Wedge marked with 5 touches of support previously. Low Risk/High Reward entry.

Just_PIP_it

As you can see from the chart waiting for price to reach the sell zone or a break of the yellow diagonal (with alert set). I have marked to potential take profit zones.

Just_PIP_it

Looking at the Daily, I've marked a Sell Zone along with a Head and Shoulder pattern which could potentially break down further. Waiting for an optimal entry.

Just_PIP_it Updated 

Looking back since March, we've got strong support on the daily, consolidated with higher lows and price once again consolidating. Looking for roughly a 200 pip move to the upside over the next 3-4 weeks.

Just_PIP_it

Weve got a double top, nice shooting star rejection candle on the 4hr and confirmed fading momentum.

Just_PIP_it

The pair has moved 700 pips as of recent, based on MACD and Retail money already heavily bought in looking like a potential short opportunity is among us. MACD is is showing strong momentum into resistance, 700 pip run-up and retail money is way over invested.

Just_PIP_it

If you saw my last post on USDCAD, we've got a very similar setup, previous strong rejection on the Daily, a bit of a retrace on weakening momentum, retail money starting to fade, with no real sell-off, would expect a big drop in the next few days.

Just_PIP_it

Looking at the Daily, you can see major resistance marked by '1' and '2', we are now heading into an area of resistance. If you notice, slight MACD divergence and retail money moving in not as strong, also we had a very small sell off last time marked by the small red curve on the Sentiment indicator. If we get a strong rejection look to sell.