We have a sell signal on the Daily from Yesterday's session. It's off of resistance and a long-term trend line, we have almost a double top forming, although the short term trend is up, I see this market going down with considerable conservative money making opportunities from the Sell Zone listed in the chart.
Mood: Bearish
For Educational Purposes Only.
Buy, Stop (Red) & Take Profit parameters are indicated in the chart. LIVE recently posted positive earnings and made a bullish move forward on Friday, December 4th, 2015. There is a nice trend that formulated in the process. If volume and price action continue next week, I see a decent 2:1 setup opportunity within this...
For Educational Purposes Only.
Price is struggling to break through resistance up near the 1.3395 area.Although still in a nice range bound trend, it is becoming more choppy as counter trend movements begin to take over. I see accumulation near the Buy Zone listed in the graphic chart provided. This could possibly lead to another leg in the range upwards towards...
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Price is approaching major resistance up near 0.7380 - 0.7345-50 area. If weakness is shown in this area, I would look to Sell on either a counter trend trade back down towards 0.7215 from current levels with the stop just above previous high near 0.7345 or, a more longer term trade with a sell back down towards 0.7155 from current...
For Educational Purposes Only.
Price approached a major buy zone 8 hours ago near 1.3335 - 1.3315 and bounced out of its range. Bullish price momentum continuation is looking buoyant. I would look to see any Price Action signals in these areas. Bullish Hammers. Bullish Outside Bars, Inside Bars & Fake Out's to the Downside before returning to the top of the...
