scommesylvain

scommesylvain

PERFECT SHORT THERE IMO

scommesylvain

I ENTER SHORT NEXT TIME THE HOURLY STO IS GOING DOWN

scommesylvain

NBI IS TURNING BEARISH TOO, CRASH INCOMING HEHE

scommesylvain

THE DOWNTREND IS NICE ON HIGHER TF, GOOD ENTRY POINT

scommesylvain

Such a nice and big wedge is to monitor

scommesylvain

This down bounce on the RSI confirm the diamond top pattern

scommesylvain

Waiting for a better shorting entry point, where we are is not that bad though, the stop would just be a bit far but the potential gain is still worth it

scommesylvain Updated 

Such violent moves up and down after a nice uptrend often ends up being diamonds

scommesylvain

A long is really interesting there, strong probability for the price to go higher

scommesylvain

Much bullish potential given the long term chart, worth a try

scommesylvain

The break should validate a big move, either way

scommesylvain

The risk reward ratio is pretty good for a short even right now...

scommesylvain

A break of the trendline + the rsi resistance would be a very good opportunity imo

scommesylvain

Seems like a nice short here with SL above daily high: - Ascending Wedge break + pullback - Divergence on the Sto - On higher timeframes it is bearish

scommesylvain

We have a nice divergence in this uptrend and the last bounce seems kinda "jerk" to me Though right now, i think it is too early to consider a short, i will wait for a break of the price resistance @29.50 and of the RSI resistance to really consider a short there.

scommesylvain

WMT is crashing for a while now and i think it is turning bearish long term, here is a good entry point in case i'm right because that bounce was pretty weak and the Sto is falling now

scommesylvain

- We got a clean break of a top diamond in the Stochastic and now the pullback seems to be ended - There is confluence with the price being unable to reach the 2007 tops (diamond top there again) - On a lower TF, the break and the pullback is a Ascending Wedge break (see my 1D idea) with once again a diamond top - The RSI support already got tested 4 times, last...

scommesylvain

- Clean break of an Ascending Wedge being a consolidation on a longer term view - Tricky pullback forming a kind of diamond pattern on top (on this TF but on 4H, it is a double top) - Now seems like a good timing to enter, aiming above last low at 89.70 for a first TP and a hold for long term for the rest of the position. SL above the top pattern at 92.50