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 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.
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 indicators with a overloaded uptrend. The plan...
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.
I see the EURUSD in an existential debate, to be or not to be... i think this is develop the same pattern from feb/2015 to oct/2015 and then when short break the triangle to fill the monthly descending wedge, touching the physiologic frontier of 1 (0.236 of month fibo) and over push him value to the sky (0.5 or 0.618 month fibo). markets crash = us dollar...
The INDEX:MXX are in the accumulation zone at the weekly graph, and at daily and weekly graph are close to the end of an uptrend cycle. No more than 45900. this is a nice opportunity to go short or go out for few weeks. Ideas, comments, corrections. They are always welcome.
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...
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. Setup: short TP1: 43 SL: 53.2 entry: 52.5
A fast setup: the AUDNZD now is apparently filling a flat bottom triangle, maybe can go short to 1.108 area and then go long to test the 1.133 zone
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 90's, why not - But if all fall, can...
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...
MOEX - LUKoil (LKOH) Can be filling a bottom triangle, in the next weeks we can see if the pattern is filling, to go down for 2050/2100 zone and continue bull to 2500 and then continue to break short the triangle. following the fibo. Ideas, comments and corrections. They are always welcome
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: MOEX:LKOH is testing the superior...
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 Hypothesis 1 The price fall to the (2) fibo,...
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, then will be very to good point to see...