If price dont break resistance level we should see bigger Bat pattern completion.
NASDAQ:TSLA looks as if it is not following the channel created on June 24th. It looks as if it is going to break this trend and ride its resistance 1 line at 226.17. Which could potentially allow the stock to break above this ceiling into resistance 2 line. Check it out.
The price is touching a resistance, exist a probability that the price falls a few pips
The price is touching a resistance + MA (200). The price will probably drop down to this area and then will continue its upward trend.
TVIX has been playing well off of daily S/R outlined in chart, likely pops soon or else 2.75 support could test. My guess is it at least tries for 3.84, and if strong enough, we could extend targets to 4.25 area. bounce off of 3.00 strong so far
Estamos viendo un testeo de la estructura alrededor de los 0.736 como opción de compra. Este movimiento va junto con una tendencia alcista de las últimas semanas.
Failed to maintain support, Failed to break resistance (triple top)
Price have broken resistence level and came back. Here is more confluences like pull back, fibonacci 61,8 or trendline like a support. I´m wating for candles pattern.
Read text written in the chart.
AWAITING FOR THE PULLBACK AND PRICE ACTION, PRICE LOOKS EXTENDED & COMPRESSED
Riding against resistance pressure. Overbought territory. Bearish trend line on daily. Fib confluence. Entry: 1.1120 SL: 1.1180 TP: 1.0000
A lot of my radar today going around my trading portfolio including the EURUSD. After being stopped out for a loss on yesterday’s bullish Bat pattern, we re-did our IPDE process and started making predictions for our next opportunities. I still don’t see a structure level that I’m a fan of on this pair that is until/unless we get down to the 1.1000 area, but the...
If you saw my post yesterday then you know that I’ve been waiting for a potential short on this pair. (Here’s the video link explaining the trade www.youtube.com) My initial killzone was pretty large and after a brief test of the bottom levels of it, price has rallied back to the top providing me with the opportunity that I was waiting for. The reason I didn’t...
Hey guys, we've been watching this potential setup for a while & price action is finally in striking distance of you D point completion. Therefore I wanted to repost this chart just as a heads up. Keep an eye out for the *ADP Number at 8:15 Eastern. I'm heading out of town so there will be no more post from me this week, however I did leave you guys a short...
I’m looking at a rising wedge type of pattern forming here on the USDJPY that is working it’s way toward a pretty significant level of structure (look left). We typically see a breakout to the downside with this type of setup as it represents the market losing steam after a high volume move. I’ll be looking for short opportunities on this pair in the Live Trading...