MoneyForNothingAndPipsForFree

MoneyForNothingAndPipsForFree

Looks like a reversal to me on D1 and I'm long this pair.

MoneyForNothingAndPipsForFree

We had three nice swipes to the downside and it looks like this pair has finally formed a triple bottom. On top of that we have a nice "W" pattern which is usually signals the beginning of a new bull trend. The pink circles on the volume profile are areas where price should face no to little resistance. These areas are usually revisited.

MoneyForNothingAndPipsForFree

Just like EURUSD this one here is a short as well. Looks like nothing can stop DXY right now. My first conservative target here is the area between the 61.8% - 67% fibs.

MoneyForNothingAndPipsForFree

There is no reason to be bullish here, the downtrend hasn't finished yet, more pips to be made here.

MoneyForNothingAndPipsForFree

Looks like we're in for swipe 2 to the downside. Keep shorting. MACD hist. is also pointing downwards, so we have a bearish convergence here.

MoneyForNothingAndPipsForFree

I was gone for quite some time, will post more charts now. Here's what I see for this pair. The MM needs to complete the move with one remaining swipe to the upside.

MoneyForNothingAndPipsForFree

AEO created a double top and should revisit the $10 low.

MoneyForNothingAndPipsForFree

PTON is one of the stocks I've been watching closely and waiting for it to bottom out at $3.

MoneyForNothingAndPipsForFree

JD is still in a downtrend and headed down to $25 and I would not exclude a sharper drop to $20.

MoneyForNothingAndPipsForFree

I'm currently waiting for price to get down into the $10 range, so I can go long. Right now it's trading in a falling wedge and MACD is curling up to the upside.

MoneyForNothingAndPipsForFree

Personally I would not buy here, rather wait for a clear double bottom to form. If it hits the $0.6 range I'll be a buyer, otherwise it's a no trade for me.

MoneyForNothingAndPipsForFree

There's nothing bullish about this chart, despite what others claim. Protect your capital and wait for price to get right into the area between the two pink lines.

MoneyForNothingAndPipsForFree

LC isn't done falling. It has to drop to he demand zone at around $4-$5. Given the massive put wall at $5 I don't think we'll see $4, price should bottom out slightly above $5.

MoneyForNothingAndPipsForFree

Given the OI , there's a put wall at $5, so there's still room left for another drop, from there we should start moving towards $8.

MoneyForNothingAndPipsForFree

Keep shorting until the double bottom at around $13-$14. Longer downtrend could last until $10-$11.

MoneyForNothingAndPipsForFree

ING is clearly a short candidate here. OI put wall is at $10, so it'll give us plenty of room for a nice dip.

MoneyForNothingAndPipsForFree

Looks like the bottom is finally in. I expect a move to $5, then pullback to the blue MA and then massive ripper to the upside.

MoneyForNothingAndPipsForFree

Keep shorting, the bottom isn't in yet. We're still trading inside a bearish channel.