HR - Inverse Head & Shoulders mixed with a fallen angel. And from our, dividend scanning that we were doing earlier this year, also a smart surge system.
After analyzing this pair I believe it is buy. Profit should take place this week because I analyzing the pair on the 1 hr. Please share your thoughts!
HR is in somewhat a consolidation range after a huge decline in share prices.. could be a good range setup
Company announced a few weeks ago a Reverse stock split moving the share value from $0.18 to $18 in matter of a few days. For the last week it has been testing the .236 level where it has been finding strong support. Currently trading above the 100 ema on the 10 hr chart showing a string of daily doji's. Also a nice wedge, triangle has been forming ever since the...
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...