Waiting for daily close below black line. I am bearish equities. There might be one final push higher in the cards but chances are low. Daily close below the support shown on the chart will accelerate prices lower to the start of wedge shaped pattern . LT i expect much bigger correction. So far the trendline did a good job in break and retest. I did take a short...
long eur nzd on break of trendline. pair is breathing right now...
Long Eur cad on break of trendline with 4h close. Price currently testing support.
On my radar, need close below 18.35 for shorts. Trendline broken and Below the cloud. Just need momentum. Until then, I'll wait. It can be just an a-b-c correction. Patience for now...
Sitting at rising trendline support. Aud data in few hours...
Short on 4h close below support as shown by black line. There is rsi diveregence and it is double top. TP will be the height of pattern.
I am short JPN 225. Ichimoku 4hr has momentum along with RSI or you can wait for 4hr close below trendline and initiate short there. Not much support till 19000. Looking at Nikkei, usd jpy will follow and I am also looking for move lower in spx500 and dow.
Pretty important trendline has been broken. On 4h close, go short. First Target is black line although I am expecting move lower to 175 and even lower LT. Keep in touch for updates.
As you can see, go short on break of the trendline. Longer term, I am looking for move to 84 and possible lower. Move from 89.32 is corrective. Move from 102 to 89 is impulsive. I am looking for another leg to downside LT.
As you can see on the chart, On break of the channel, look for longs....
I am long NGAS. It's looks like it is ready to rip higher in elliot wave 3. Short term it is overbought. I will look for consolidation or correction to the marked black lines. Also, there is possible inv Head & Shoulder pattern. Overall, It has lot of potential.
Watching RSI for break for long. Also, the stock is sitting at support zone and bouncing from lower boundary of channel too.
2.1332 Is the key. Ending diagonal formation. For short, target will be the start of the diagonal or wedge pattern . This pair need to correct before ripping higher . Nice short term trade . RBNZ tomorrow will trigger it. I am biased more to downside for now than upside. RSI is diverging with each higher high made. I will look for shorts tomorrow.
-DAL Broke the channel -Ichimoku momentum to downside -Support turned resistance on chart. It is being tested right now. -Long term trendline Broken as well Looking for short. Will see how it reacts tomorrow at open
Daily close below the box will trigger short entry and watch rsi as well.
Looks like a bull flag. Long on break above channel. Target is the top of channel.
Looking from a long in gbp usd. Pitchfork doing its job, Ichimoku points higher, Falling trendline broken. Opening Half position for now. Will add later if it plays out