Haliburton releases earnings in 8 days. Three things that standout bearish to me: 1.) the correction after the advance from the low took over 3x the amount of time the impulse did, rendering it a wave B by default, 2.) RgMov failed to take out the late August pivot high, and 3.) price has rallied into a prior earnings/mode level. GL
Analysis on chart.. gold has broken out of the downtrend pitchfork (see post below). In the near term, gold is a long swing into the 1185 area, with a stop under the most recent range expansion daily bar. If gold slices through the mode, achieves target price projection and maintains stability above it, a critical blow would be dealt to the dollar.
Analysis on chart, smaller TF (15 min) shows a beautiful impulse up from the low. For other great/practical setups check out www.tradingview.com as well as his listed signals page, free for 7 days!
Beautiful wedge into a prior huge mode resistance, target is the base from which it broke out... .5% risk to make 4%, if you get stopped initially, reenter on next break lower... the reward is large enough to forgive a false break a few times over and still yield a size-able reward.. GL!
Analysis and a lengthy depiction is displayed on the chart.. Good luck!
CADJPY is still being ruled by two weekly pitchforks that suggest lower prices at least to a retest of the lower median line of the red pitchfork. In addition to the pitchforks, price is below a huge 21 month mode that I expect will act as a rejection point to lower prices if these pitchforks levels are surpassed. The initial target is a retest of the lower median...
Analysis on chart.. could consolidate sideways for a few weeks first before dropping lower..
Analysis on chart-- Check out user IvanLabrie's work and top notch signal page! @ www.tradingview.com
Analysis on chart.. Several key hurdles to clear before the bias can shift long
Leave a sell stop under the recent pivot low
A compelling level to see some temporary upside action
Analysis on chart, buy effective immediately
Analysis on chart.. please tell me how cool my little fish contraction pattern is it took hours to make
Analysis on chart.. that hopefully loads
Analysis on chart.. previous long posted in links!