Hi, AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed. Criteria: 1. 2x AB=CD 2. Channel projections crossing area 3. 2018 low should act as a resistance 4. The round number 0.70000 5. Fibo Extension and...
Hi, Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Fundamental pros: 1. Trading below its fair value. 2. Good PE and PEG ratio. 3. Earnings are forecasted to grow. 4. A lot of insider buying. Technical pros: The...
Hi, Lerøy Seafood Group produces, processes, markets, and distributes fresh, frozen, and smoked seafood products in Norway. It shows pretty good value numbers, it is way undervalued, insiders (CEO) have bought the stock recently (actually yesterday) and etc. Fundamentally, Lerøy Seafood looks quite good and most importantly, technically as well. There is a ...
Hi, Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel, biofuel power plants, energy storage systems and technologies for the marine sector, including cruise ships,...
Hi, Background Information Tallinn Department Store (Tallinna Kaubamaja) is a renowned trade group in Estonia. Its history dates back to 1960, when Tallinna Kaubamaja was opened. Over several decades, the two department stores in Tallinn and Tartu have grown to become the largest retail group in Estonia. Kaubamaja has retained its image as a beloved, valued and...
Hi, The Gold price has started to approach one of the possible short-term reversal areas. Several criteria matching each other and they make up a crossing area. At the moment, the XAU price is trying to break above the down-trendline which is pulled from this year's high (red dotted line). It is great because, then the breakout momentum may drive the price to the...
Hi, In this pretty quiet time, I would like to give an overview of what does I see and what I expect from the market. This week we got a pretty nice pump upwards from the slightly expected area. As always we needed confirmation, we got it (Morning Star candlestick pattern on 4H) and 10% was pretty easily doable. Now before Christmas, I would like to give a slight...
Hi, It looks like I can make another post before Christmas because my previous idea has started to work pretty nicely. As promised, I make an update if it happens and currently, the Bitcoin price has started to approach my mentioned key area ~$8,000. At the moment, we are quite far from it, actually not so far but still, we have time to prepare for the next...
Hi, Litecoin (LTC) has started to approach one of the strongest areas, even among the other altcoins, this could be the strongest. Probably it sounds super-hyped but it just has historically two strong criteria/price levels that have started to make up a crossing area. Technically a good BUY area stays between $30 - $36: 1. Historical trendline, drawn from...
Hi, The price has reached to my previously pointed area $6,800-$6,900. As usually, it moved too long to the mentioned price zone and I have to make another post because we might have some changes on the chart. Firstly, I want to point out a double bottom possibility. This is not THE Double Bottom, because we haven't seen any breakouts from the neckline but...
Hi, EURNZD has been quite a good trading pair with a high success rate. Buy criteria: 1. The trendline 2. The round number 1.68000 3. AB=CD 4. 2014 high should act as a support level 5. Fibonacci retracement Golden Ratio 62% 6. Fibonacci Extension 161% 7. Previously worked support level. 8. Possible RSI Divergence 9. Wait for a bullish candlestick formation...
Hi, We might get a short-term buy opportunity if you have seen a bullish candlestick pattern inside the light-blue area. Criteria vise there is nothing special so definitely wait for it, criteria: 1. 2x AB=CD 2. The round number 3. The trendline 4. Invisible trendline :) 5. Strong area - previously worked as a support and as a resistance level. 6. As said, wait...
Hi, Another stock idea, they have been pretty accurate so, let's hope that the pattern doesn't change :) Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally. I have great news for investors because it starts to approach technically a good rejection area, plus - Teleste trading below its fair value and...
Hi, During the downtrend, I have found a SHORT-TERM buy opportunity. I haven't seen this set up on the Bitcoin chart for a while and I would like to share my thoughts with you about that situation. Short-term bet against the trend. Just a little intro, as said, we have a downtrend and we can call it even crypt-long-term downtrend because it has been...
Hi, We got a bearish candlestick pattern on the 4H chart called Evening Star. The rejection came from the EMAs crossing area and the old strong support area worked perfectly as a resistance. Actually, the biggest action was made on the Daily timeframe and on Friday. At the moment, the current price action just confirms Fridays bearish Engulfing close. The entire...
Hi, Firstly, watch out for NFP but the area looks promising: 1. Channel projection 2. AB=CD 3. Strong area 4. Trendline 5-7. Minor short-term trendlines, AB=CD etc. 8. Wait for a bearish candlestick formation around the entry area! Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! ...
Hi, We might get some trading opportunities because the Bitcoin price has reached the tip of the Triangle. Triangle breakouts have been pretty successful and hopefully, this time it is not an exception. Luckily this is not just a triangle. Those two trendlines, red and green, are also short- and mid-term counter-trendlines (CTL) which have guided us into the good...
Hi, Risky, because it is GBP :) A possible short-term reversal should stay inside the marked red box. It consists of: 1. The trendline, nice and clean touches, waiting for the third. 2. The orange horizontal line is the previously worked support level which now should act as a resistance. They both make up a solid crossing area. 3. Short-term AB=CD 4. The mid-...