TehBingTrades

TehBingTrades

Heavy resistance at neckline & down trendline on Friday's high. Move looks extended as suggested by the 4h MACD bearish divergence & will be best if the market opens with an island reversal. Looking to test Dec lows in the coming weeks as China's cooling economy bakes in and Q4 guidances potentially disappoints. GL to all

TehBingTrades Updated 

Price was rejected thrice at .382 and formed an inside candle. SL placed on yesterday's high.

TehBingTrades

Broke long term trend support, MACD below signal line potential crossover over the next two weeks. Price rejected at 200 SMA. SL: previous swing high TP: -

TehBingTrades

MACD below zero line. Broke triangle and short on pullback upon bearish engulfing. SL: previous swing high on 4h TP: complete of pattern at weekly support

TehBingTrades

Simple triangle trade, MACD below zero line with a potential bearish crossover next week. SL: previous swing high on 4H TP: chart pattern at support area

TehBingTrades

MACD below zero line. Broke daily trend support, rejected at new resistance forming a downward wedge pattern. Short at bearish engulfing. SL: previous swing high TP: -

TehBingTrades

MACD above zero line, potential crossover next week. Simple setup to long on the breakout of resistance, SL below previous low, TP height of triangle at resistance area.