TL;DR- ASGN is a great investment. As some of you have noticed, I hold my largest and most long term position in ASGN. It's had great growth overall, but has recently showed greater bullish indicators and may be pulling out of this corrective phase for another bull run. It appears the $79 mark has flipped from strong resistance to strong support. Also the...
Hello all, Analysis earlier this week proved successful with two solid shorts. To be honest, there's lots of lines, patterns etc but the majority of my decisions rely on divergence, bullish and bearish. I use these to determine when to close a trade and when to enter. I really like using the 4hr chart to enter trades. Using divergence on the 30min or smaller time...
A lot of bearish views coming out on EURUSD. While I agree, there is bullish divergence on the 30 min. We may see one more leg up on the divergence and a short squeeze before heading downward. I will be looking for an entry closer to the top of the channel or upon confirmation that we break down out of the rising wedge.
Hello, Excuse any imperfections as I am posting from my cellphone. Also, forgive the 10000 red and green lines. They are a combination of weak/strong support/resistance for short term trades that I use. It's pretty clear that we currently have some bullish moment from fairly strong support at 1.16210. However, this momentum may be short lived as we approach the...
Hi everyone, long time no chart. Doing the "life" thing. I'm on mobile so forgive any funky patterns or lines. I opened a short at the orange line. Currently it appears a revere batman (yes batman) my form indicating a market reversal, similar to a double bottom. If it breaks and closes the plane in yellow, it may invalidate it and head to 1.17. if it closes a 30...
USDCAD is consolidating in it's current position. Some interesting things to keep an eye on: The trend has technically broken through the overall descending (purple) trend line. Typically this is a bullish move, but we must first establish a higher high. If we maintain the 1.35 support but continue to get lower highs, we'll likely see another move like the last...
For some reason it won't let me draw trend lines on the RSI band. Looking to play off the bullish divergence established on the daily. There is decent support at the green line, which offers a good risk to reward. The overall trend is still downward, so I only plan to trade within the FIBS and take profits before the .382 or dead cat zone. Even if this range, the...
This is a long term investment of mine that has already yielded some nice profits thus far. You often here the recommendation to "buy the dip" or add to your investment at opportune moments. This is one of those areas where I may add to it as well. I'd like to see previous resistance around $18 become new support. 2-5 year plan! Happy trading.
Long setup. Entered at orange line. We'll see how volatile Friday is, this trade may extend to next week. We are developing nice bullish divergence on the Weekly.
See the chart. Completed a massive short and trying to capitalize on some scalps/recovery.
USDCAD broke down through the descending triangle as presumed. We are now forming a smaller symmetrical triangle that typically has a 50/50 chance of breaking up or down. If we broke up, we face formidable resistance at the .382 dead cat fib and retest of the triangle support line, now turned resistance. If it does break up, and hits resistance at the triangle,...
Check out the chart and let me know what you think!
Check out the chart and let me know what you think!
Approaching the black curve trend, .618 FIB, Pivot, EMAs, etc. I would expect retrace to the red line after testing the pivot.
Hello all, In my eyes, BTC is bullish as hell now. I'll be setting up longs throughout 10k+. Little to no retrace after pumps is showing bear exhaustion. Keep a close eye on the next couple of weeks! I will be anticipating a possible massive sell-off/correction on or around the halving date. all As you can see I put another trader's @ over my chart. This guy...
Hello all, If you saw my previous chart on GBPUSD, you would know that I am in an active short since the orange line. Here's a quick look into what I'm observing while the trade is active. On the 4hr time frame, we have developed a channel. The current candlestick is a particularly important one: If we close this candle within the channel, and form a "hammer"...
First time in Forex! GBP looks to be setting up a double top. I bought at the orange line, but a safer buy would be confirmed break below the neckline (blue line). The double top target lands right at the green horizontal line, which is major support. Stop can be pretty tight. This is why I chose this trade, it has a great risk to reward! Hopefully the first...