Looking at the overall picture, we have been forming a perfect cup and handle pattern. The price has successfully re-tested key fibonacci levels and confirmed them as support . Therefore, we must assume continuation of this pattern. The key resistance to break is the neckline of the pattern which is the $11.00 level. Once this level is broken with volume, there...
Looks like we have an accumulation pattern as prices have stabilized at the mid $5.50 level. Bollinger bands seem to be squeezing very tightly on the 2 hour. This suggests we may see an explosive rally to the upside. I'm expecting after the lockdowns end and the economy starts to open back up, that there will be a huge surge to movie theaters and other places of...
Looks like the $50 level will be a good time to get in before another big rise to the $200 level. I am expecting more re-accumulation before the rise.
Long EU at 1.2144 TP 1.222, 1.227, 1.234
Longing EU during Asia First TP is at 1.234 Will cut the trade if we break below 1.22
Short from 39,770. TP: 37,000, 36,000 SL is set at break even...bullish momentum may take me out of this trade!
long 1.225 TP: 1.234
short eu at 1.22988 TP: 1.2218 (gap), 1.218
I'm short GU at 1.36715 Targeting the 1.36 level as first TP
Looks like EU, xxxUSD pairs are looking to get hammered within the next week or so as DXY is in the midst of a relief rally to 90.3, and possibly 92 before another hell spiral below 89...
Looks like we could make a down move on this possible flag pattern to 139.2xx level. This will only be confirmed if the current 4 hour closes below 140.6.
Long EURUSD 1.219 TP: 1.234 We have a symmetrical triangle and Bollinger Bands squeezing on the 4 hour time frame. This suggest a big move soon to come, with a squeeze expected to the upside.
GU long at 1.35 Let's see if we can break previous top.
Still looking for 20,000 to get tested. I closed my shorts from yesterday and reopened higher. Expecting a big drop...very overbought...
Shorting here, first target is 20k.