This stock has formed a top rectangle with a preceding upward trend. If stocks breaks the top of the rectangle it should go up. PLEASE THIS IS NOT INVESTMENT ADVICE . TRADE AT YOUR OWN RISK
Since december HSY trended up until Febrerary 9 where it began to form a reactangle 2.5 MONTHS). If prices breaks the top of the rectancle it should go up. TRADE AT YOUR OWN RISK. I would enter if price goes above 110. with a $2.4 TP
Consolidation Rectangle Breakout and Trend line breakout confluence. Short to key level. CAD to strengthen following oil price increases. Wait for retest of rectangle
i will be looking to short on cross of 137.34 with SL at top of rectangle Target 1:1 Ratio
rectangle waiting for broke and open position
Are we ready for another down move?
i will be looking for Buy on cross of rectangle top SL will be bottom of rectangle Sell on cross of rectangle bottom SL to be determined later TP 1:1 Ratio
Hello traders. Now we are in complex correction. We saw a bullish attack ( white line), we saw bearish defence ( white rectangle) and we saw a very strong bearish attack ( another white line) so I am really expecting now for price to break 1900 level and move to one of the yellow horizontal lines. if price does not reach them, I will start seriously thinking of...
Risk reward bearish rectangle pattern, short position, price is moving short and sideways motion.
After making a Head and Shoulders bottom price has now formed a horizontal flag. Volatility has reached new lows as price has coiled into a squeeze at the key level of 15.85. I'm anticipating a resolution to the long side from the squeeze with the major trend. Immediate target @ 19.56 and LongTerm target of the 2015 highs @ 24.23
Now let's take a look at how AUDUSD acted out since November 2016. As you can see the strong 0.77615 Resistance held and the initial downtrend begun ; downtrend continued but eventually stopped right around the very end of December , 0.71633 support level stays strong and the uptrend has begun. As shown , the first uptrend moved kind of strong up towards the...
A rectangle has formed on AUD/JPY. Potental down move of about 180 pips. Wait until .236 fib mark is hit (86.74).