Entering long looking for higher levels good R:R
Been short a while off the gartley pattern, however there is a Head and Shoulders Pattern present right now as well Looking for retracements to sell into again
Near a bat buy level at 1.0642 looking for 1.10798 first target second target 1.16719, although this may not happen
GBPCAD Weekly, coming into long term Bat support area Long wicks on red candles like last week rarely create a lasting bottom from my experience so expect prices to drift back lower to the 1.60 zone again at which time I will be looking for reasons to go long with less risk than 700-800pips There is still an unfilled gap to the upside so there is a possibility...
CADCHF Daily Bearish Shark Pattern Looking to sell around 0.7540-0.7570
Nice 3.3:1 to first target + possible 9.6:1 to second target USDCHF also has bearish clues as well so selling on a break of yesterdays close
Have pending orders either side of silver, think there are some good low risk/ high potential reward setups either side
Looking indecisive with pin bar and divergence, could easily drop to 725 and still be bullish overall
Long term channel, next trend line support (urgk!) is still a bit lower
I still do not think the markets are positive despite the impressive moves last night on the indices 1171 points on the DOW in one day due to the Trump victory! only to end up higher than it started... impressive emotion driven trading or lack of liquidity or possibly a combination of both Either way Apple is a giant and represents a major part of the US indices...
was looking at this back in January and is looking bullish medium term
Hesitating at the all time highs, clearly Fed and Election are make or break time for these US indices
Am short... looking for lower levels Really don't need any indicators here, we have a monthly pin bar at all time highs and resistance level going back 16 years am expecting it to get to 6300 and hopefully back to the next major support at 4542 although that could take a year and is a long shot looking at it right now
Penny stock for the watch list - love to buy it at $0.64 -$0.65 Might check the fundamentals first but Uranium is near a low in my opinion
Going to wait for small green candle in the zone then looking to buy Uranium stocks for position hold - R:R is very very good