NFLX has been stale, like predicted, since May-June. We all want to see subscriber growth and the long term plan for taking over TV. With such high valuation, the stock needs to perform. I recommend waiting until earnings to make a decision, but if you are a big risk, big reward type of investor...if you feel confident, now may be the time to strike. www.trendyprofits.com
EURJPY breakout Nice Short term sell setup
i am expecting a good pull back of gbpnzd because it has formed a solid price action on a support key level in h4 time frame.
audusd has been rejected from 2 years old trend line on d1 time frame, how ever we watched bearish avoidance as a pin bars on weekly time frame, so it is time to sold audusd,
I can see very clearly a massive resistance/support zone which was broken and now is being retested with a beautiful candlestick rejection, Monday formed very nice low test rejecting 0.5 level as well as new long term support level. I will wait for further deceleration and for Tuesday`s intra-day signs of bullish momentum coming in. This analysis doesn't mean it...
in a first time : will retest daily support SELL in a second time : will form triple bottom and then rocket up to monthly level BUY LIMIT
This is AUDCAD 2-hour chart where we can see the impulse down, now this pair is in correction and we're looking to catch the next impulse down.Traders who are more conservative with their trading should wait for the breakout since its a safer entry, because we dont know for how long this can consolidate before it goes down.For traders who are looking to get this...
On Friday, the bearish of USD made G/J effects too. It break new low and i think it is the wave 3. The first TP is 129.5 second is support line around 128.5. But i trade with EUR/USD pair that TP my trade too, But it is the short TP because it is go strong down trend with wave 3 too.... ;/
This is a buy setup.We have a breakout now and we'll be anticipating the 1.27 as target.This may take some time so you have to be patient if you want to trade this.Traders who are more conservative can wait for a correction on lower timeframes before buying which I'd highly suggest.Trade your plan
I am looking usdjpy short because it is getting rejection from the mother candle on D1 and formed a Pin Bar So we can get enter on breakout of pin bar or 50% retracement. If you found helpful then please Like and Follow me, Thanks
1) Daily resistance zone 2) Downside shifts in MA's 3) Previous/ most recent daily candle closed below resistance zone , if zone holds + break of ascending trend line shorts to 113.847 4) If support at 113.847 fails to hold further shorts towards 112.354 ( May see price pullback into 114.467 when 113.847 is reached to accumulate shorts to take out the 113.847...
1) Intraday market direction is short 2) In a Bearish Channel 2) TestIing minor resistance of a 50% pull baack 3) At the beginning of forming a new HL & more.. Expecting price to rally down to around 1.3209
Wait and price will be trapped in the blue box. Later it wil go up with trend support. When this happen buy.
EUR/JPY is moving within a symetrical triangle. This Pair is in a major downtrend but is moving within an ABC Corrective structure. The C wave completion failed so i expect a breakout to the downside. Scenario 2 is a breakout to the upside, out of the symetrical triangle which offers a great long Setup. The largest distance from the triangle is my goal. Always...