618 Fibonacci Retracement
ACRX - Perfect Trend Bounce 0.168 Levels On DailyAcelRx Pharmaceuticals, Inc. is a pharmaceutical company focused on the development and commercialization of therapies for the treatment of moderate-to-severe acute pain. The Company operates through the segment, which includes development and commercialization of product candidates for the treatment of pain. Its lead product candidates include ARX-04, Zalviso, which utilize sublingual sufentanil, delivered through a non-invasive route of administration, and ARX-03. ARX-04 is meant for the treatment of moderate-to-severe acute pain to be administered by a healthcare professional to a patient in medically supervised settings. Zalviso is meant for the management of moderate-to-severe acute pain in hospitalized adult patients. ARX-03 provides mild sedation, anxiety reduction and pain relief for patients undergoing painful procedures in a physician's office. It also includes ARX-02, which is meant for the treatment of patients who suffer from breakthrough pain (BTP) due to cancer.
SHORT INTEREST
15.09M 07/15/19
Average Recommendation: BUY
Average Target Price: 7.71
P/E Current
-3.02
P/E Ratio (with extraordinary items)
-3.90
NZDJPY - Approaching 61.8% Fibonacci retracement levelDAY TRADE - EXPIRES AT 9PM
Trade Idea
A bullish reverse Head and Shoulders has formed.
Bespoke support is located at 72.25.
Positive overnight flows lead to an expectation of a firm open this morning.
Dips continue to attract buyers.
Further upside is expected although we prefer to set longs at our bespoke support levels at 72.25, resulting in improved risk/reward.
We look to Buy at 72.25
Stop: 71.95
Trget 1: 73.15
Target 2: 73.55
Gold Trade opportunity between the FibsI can see an opportunity here. Gold has retraced perfectly and bounced from 0.618 fib measuring from the last swing low.1420.30. 0.618 fib from the high gives us a target 1440.91 and there is some resistance there too. In between there is nothing until 1436.37 the highs from earlier in the month. I am going to look for gold to show some buying interest first, if it gets to 1427 and then a pull back to 1423 or lower without breaking through 1420 it would be a good sign. If we get a bounce off 1420.27 exactly then I would be very confident of a 200 pip run back to 1440. For me it all depends what happens in the first 3hrs, if it doesn't go where I am looking then it's not worth pursuing. This is a high RR trade depending on how close to 1420 you can get an entry if I can open a position at 1423 SL 1420 tp 1440 RR is 5.6.
ETHUSD weekly 0.618 and demand zone combination longIn terms of weekly chart, this combination is quite impressive!
It is a good shot for not only trading but even an investment-level trade!
so there will be 2 kinds of thoughts:
1. wait for intraday setup after hitting 188 and take it as a short-term trade.
2. buy some long-term positions without leverage and put the out at least below 80.00
Let's see how it goes!
BTC; waiting for the long once againWe had a nice ride up and it looks like btc is finally entering a period of consolidation.
The overall htf trend is still up so we are still going to look for longs.
Our current area of interest is the golden pocket on the 1h chart. We will long in this area and start managing the trade when we hit the min. target level.
This setup will become invalid IF we make new highs.
USOIL trend analysis and strategy updateWe closed some of our USOIL positions in profit today. We have since entered a buy again as price action has retraced to 50/61.8 fib zone (blue). As a part of our strategy and risk management, we have set a stop 20/30 pips below red line with take profit on the green zone. USOI
Dax30 0.618 and 30min shooting star combination short!1st time to post an idea on DAX30 as many friends are so interested in trading this one.
Here we got an 30min shooting star after it finished daily 8ema correction and pulled back to the daily supply,
Also, in terms of 8ema, this trade also got abundant ema correction rooms!
I would like to take the short with a 11898 sell stop
If it makes new high before triggering my stop order, this trade will be cancelled !
Let's see how it goes yo!
EURUSD 0.618 and shooting star combination shortDXY has already pulled back to its 0.618 and 4hr demand zone combination spot,
and here we got this 4hr reversal sign for EURUSD.
I would love to take this shooting star breakdown short!
If it makes new high before broke 1.1205, this trade will be cancelled!
Let's see how it goes yo!
Berry Global Group at Key Fibonacci Level BERY started off the year well, but took a very bad hit following missed revenues and continued US-China trade war actions. BERY operates in the materials sectors, in particular, plastics, and the sector has been very vulnerable to the trade war. After the recent gap-down, BERY is now finding support at its 61.8% Fibonacci retracement level. I would continue to monitor this today and Tuesday, to see whether it bounces back from here or continues its downward plunge.