The asset is apparently forming a symmetrical triangle, and perhaps it is forming a shark pattern. This corresponds to the "January rally" (a seasonal trend) and the elevation of the projection in the shark pattern corresponds to 1.6 fibo. So it is very likely to be long in the next few weeks. Too good to be real, then only long to fibo 1.27... Happy pips
The pair is apparently oversold ( CCI ) and was rejected in the area of 93, so therefore I think that how much could form a double top, before continuing down significantly. It is important to understand that the general trend is apparently fall (in this particular setup off course), so the Long side is an additional risk, I think only suitable for intraday.
The FX:NZDCAD he symbol apparently is filling a "mega-big" ascending wedge or flat upper triangle and testing the 0.95/0.97 zone. At other times it has been rejected, these weeks could see if it reacts the same form and falls toward the area of 0.85 / 0.87 for next year.
AMEX:EWW Is not necessarily highly correlated with the SP US30 , etc
Now are apparently immersed in a brake of him downtrend, and this is acting like a support line and meaby is a little megaphone in development ; if we think positive (maybe a little innocent) can expect a reboot to the 60 level, but the fear ambient can make drop from the 53-60 zone to the...
I see the GOLD apparently developing a head and shoulders pattern, i think go short to the 1000, a big psychologic zone.
Inside a Mega descending wedge in weekly graph.
Ideas, comments and corrections.
These are always welcome.
The pair is apparently fulfilling a flat top triangle in a smooth heikin pattern, the price maybe can broke the diagonal support and fall to the 79/80 zone; But this point is very interesting:
I speculate: The price can't broke the diagonal resistance of the weekly chart, maybe not touch - and then run out and go to the...
I see a black doji at FX:GER30 i think hte next: this is can see a signal for small pullback, or is taken power to fulfill an ascending wedge. I think is better wait for some of the two scenes:
TP: 9735 zone
At the start of the year can see the price like an upper flat triangle; the pair NZDUSD is apparently filling an ascending wedge and now is not very clear their limits, but the indicators can help to see how in the next weeks or few days her upper limit will be defined.
The price was rejected in the past months from the 78.6 of fibo and then was started the...
NYSE:DFS is involved in a large downtrend, now is at the end of a correction bull trend, but is close to turndown. The price is close to test the 52 zone or 23.6 of her fibo and the 200 sma. i think the price can return over test the 200 SMA.
Lukoil (UK adr) LSIN:LKOD is filling a ascending wedge, but how many more time? i tink not much before take a correction and in this point is the interesting:
The stock can be rejected by (2) fibo and then take an ascending route, but if broke the level then go to the 2.41 or 2.618 of fibo...
Only like additional info: ...
NASDAQ:GOOG and NASDAQ:GOOGL are highly correlated,for a big frameset it's the same, and now:
The stochastic is overload and crossing the signal
Demarker is overload
the price for now is falling to broke the (3) fibo line, maybe test again.
In more detail we can see a formation like a double top
AMEX:RSX is in a interesting point, is fulfilling an ascending wedge inside a ascending channel, is close to a big resistance zone and apparently was rejected.
To determine the SL is necesary see a big pic:
And the situation is more important because is close to the historic minimum and is filling a flat bottom triangle,...
A Speculative Frame Set, NYSE:GE , some articles speak about the weak fundamentals of this , but if we see the long way of this stock, the surprise does not exist. Is in free fall from 2000 over the split and only have a long flat uptrend in the past years (meaby is starting the recover way).
Now is close to touch the 1.414 of fibo and the middle of the month is...
Is an update of the original idea.. the price FX:EURUSD is "stable" at the last days, but the last was a doji and now is presenting a bear candle, the 1D volume weighted stochastic show a exhaust bull trend.
The price at heikin Ashi show an undecided action price (a end with doji in hekin is not undecided) and...
Some days ago i see NASDAQ:CSCO walking with dante, but if we put attention the price is rejected by the 22.75 zone one and other time and is describing a big flat bottom triangle pattern, and very nice to navigate inside of this.
The volume is reacting now and indicate the same risk than the Stochastic - and the price ...
i see the next at NYSE:RTN
The stochastic close a turn down
The price have problems to cross the 127 zone
The price meaby can test the 130 level again
The price is filling a flat top triangle with a nice heiken smooth path, and is close to broke.
Entry: 127.6 (over not cross or rejected by 130 zone)