L__Chaim

L__Chaim

This is an actual proof that you can (still) conduct successful trades with lines and channels.

L__Chaim

At least for now... We need to keep an eye on PA to see where it goes to from here...

L__Chaim

Might be broken for now. We should keep the new channel (red dotted) which is being formed under observation to find it if it's fake or the trend has actually changed direction. Only facts matters not feelings.

L__Chaim

As long as the bearish channel is not broken to upside it's a sell. It should reach the green marked demand zone.

L__Chaim

Nice channel still in play. We are approaching a supply zone (light green) which might slow down the price.

L__Chaim

On PA confirmation a good opp to short. Target: channel's lower limit

L__Chaim Updated 

PA has bounced from the lower band of uptrend channel and also from the demand zone. After confirmation it's a buy. Target: 1.1040

L__Chaim

Monthly chart of UBS ...looking for long setups

L__Chaim

The bulls need to stay above the uptrend line, reach the supply zone around 220 and eventually overcome it. Otherwise I'd be a seller.

L__Chaim

AMD shares had a jump yesterday on bad news from competitors. If the price close above the horizontal line at 12.3, there's a potential to go to the upper limits of the box in which the price has been trapped for weeks.

L__Chaim

Price has broken out of the recent daily downtrend. At the same time there has been an increase in volume. This could turn into a long opp if a mini uptrend is established. Signs for conformation would be closing above supply zone(s) and establishment of a new uptrend channel.

L__Chaim

This pair has the potential to go back to pervious highs around 0.0000137 but PA needs to show more strength by closing above the dotted (and the horizental) line.

L__Chaim

We're safe to the upside when we close above 13670 line.

L__Chaim

We are still in an uptrend channel until we get to the weekly supply line.We are however approaching the major obstacle which the marked supply zone.

L__Chaim

I have this pair on my watch list to break out from the triangle.

L__Chaim

Those magic line are telling us how the price is developing and in which direction we should trade. It's important to wait for the bar to close.

L__Chaim

IF the current bar manages to close above the line, the next challenge is to close above that horizontal line around 13880.

L__Chaim

Day close above the blue line would be bullish but a close below the box would be extremely bearish with next stop around 6600!