G-channel
TRMB - short from current price to $32.57 & $40 May-18 Puts TRMB is just breaking down through support from a beautiful upward channel formation. Money flow is very negative, and it has massive insider selling.
We think it has very good downside potential. This would be a good stock short however, we would also consider $40 May-18 Puts.
* Trade Criteria *
Date First Found- December 13, 2017
Pattern/Why- Upward channel breakdown short
Entry Target Criteria- May $40 puts
Exit Target Criteria-1st Target $32.57, 2nd Target $28.63
Stop Loss Criteria- $44.17 or $42.13
Indicator Notes- Moneyflow divergence
Special Note- Massive insider selling, big on % wise
Please check back for Trade updates. (Note: Trade update is little delayed here.)
GBPAUD- Get ready to short or may be you can buy it in the dips.GBPAUD- Get Ready to Buy on the retracement:
GBPAUD- Get Ready to Buy on the retracement:
To Consider a week of strong data release, by both Countries of the pair. Aussie will have a
RBA minutes of the Reserve Bank will two weeks after the interest rate decision.
The Pound will have Inflation Report as well GDP follow up and public borrowing.
I expect strong volatility and though most probably Pound will be in pressure, which justify the retrace on this pair.
EURGBP- The long weekly trend will not disappoint you!GBP is likely to continue to lose ground for EUR. Although I consider myself a retracement trader I have to admit that this rising trend is here to stay and will continue for several weeks as my projection forecast.
Technically the Regression Channel is showing that we are now at (-1 sigma STD) on the daily 200 LRMA (Linear Regression Moving Average). My experience has shown that this slight retracement on this pair is not sustainable so the odds are now favouring EUR, eventually will come back with the bullish signal after the completion of the retrace near the support, trend Line. You should Buy EURGBP near the support TL or when prices test it again. Good Luck! (Beware that this will be a Long-term Trade)
ADUS- Support breakdown short from $31.63 to $25.17ADUS seems breaking down from an upward channel. Moneyflow going sharp down. Overall interesting short setup.
* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Support breakdown short, capturing the crash
Entry Target Criteria- wait for a break below $31.63 (hit November 14, 2017)
Exit Target Criteria- $25.17
Stop Loss Criteria- $34.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
GBPUSD: Waiting for a selling opportunityThe British Pound seems to have complete a complete downward cycle made of 5 waves. The GBP/USD is building a correction phase which might come to an end around 1.34 and so, a reversal is to be expected. We cannot know for sure if the market is going to reach this cluster, but if it does, we might expect the GBP/USD to bounce off and go down. In this case, I will send the potential trading targets defined by using the Fibonacci levels.
GBPUSD hits top of daily channel, waiting for bearish setupThis is an update to my GBPUSD analysis I talked about last week.
GBPUSD has hit top of daily channel with excessive volume(See daily chart).
This likely suggests that buyers could have cashed out since price has not moved up for the past 2 days.
I see this formation as being weak and I will be looking for short opportunities above 1.3570.
What I will look out for?
1. Weak break out above last week high on LOW volume
2. Mid to high volume bar, high spread closing on the lows.
3. Will enter upon completion of 2)
4. Will target low of channel as profit target, risking about 100 pips to make about 500 pips.
Will keep you guys posted.
SGDHKD Short OpportunityOur alert on this pair went off today and presents a nice short opportunity! We always want to first make sure that the position we are taking is not highly correlated with our other positions. Once all of that checks out, we should be good to execute. In this case we have a nice 4 to 1 risk reward setup. We want to set a limit order near resistance and wait for price to hit our order. Hopefully we get filled. I will update when/if we get a fill. Remember, keep your positions size and risk within your personal risk tolerance parameters. I recommend no more than 1 or 2% risk per trade. Happy trading!
Trade Parameters:
Sell Limit: 5.80310
SL: 5.90060
TP: 5.39990
NEO Trend AnalysisIf NEOUSDT continues to break through the bold upward channel, we will see a sell off toward the support zone. Ideally, the potential downward trend would reverse somewhere in the support and it would be a good time for going long. Conversely, if NEOUSDT breaks the red downward trendline and shows a large bullish candle somewhere along the bold upward channel, we will see a continuation of the upward trend. Each of the resistance levels will have to be broken before we see any strong bullish runs. However, if the all time high of ~$56 is broken along strong bullish movement, we could potentially see a new swing high of as much as $85. GOOD LUCK EVERYONE.
NEO Bearish Channel BrokenNEOUSDT has broken through the boundaries of its recent bearish channel. We notice the price finds support along the boldest line. We should expect to see more upward movement throughout the day in response to this breakout as long as the price is able to break the $42 resistance level. Neo has a lot of potential and I believe now would be a good time to enter for both short term and long term trading. GOOD LUCK EVERYONE!
Clarifying Trend Channels ChartThis is a revised chart from a previous post. NEO -0.97% appears to have bounced off the trend line of a lower uptrend line. Price still within local -1.93% down channel but I believe this past downward movement to simply to be a market correction. This coin has great potential. I predict the price to adopt the less steep and more sustainable trend of the upward channel with the bold line.
SPX Ready For A RallyThe SPX is on the verge of a rally inside of the consolidation mode it has been in since the beginning of June. Reversal signals at the bottom of support is a good sign that things are about the change. Only thing left is to wait and see. An attempt to reach the resistance in the chart below is looking very likely. Don't be surprised it market does go up. The signs are there already. Just make sure you know the difference between good reversal signals and bad reversal signals.
CC - Upward channel breakdown short from $38.13 to $30.74 CC seems breaking down from longer term upward channel. It has a lot of insider selling, and P/E ratio of 72.33, where Debt to Equity is very high 10.06. We think it has good down-side potential.
* Trade Criteria *
Date First Found- June 6, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $38.13
Exit Target Criteria- $30.74
Stop Loss Criteria- $42.17
Please check back for Trade updates. (Note: Trade update is little delayed here.)