NKY double bottom?Time to buy? Divergence on RSI, and looks like a double bottom. Will be interesting to find out what happens next week.
Ilovetrading
$ARNA, $1.50 on the menu... Again!Stock insanely undervalued with Belviq and a great board! Biotechs tend to perform well in bear markets.
I will create a google drive for company models, so that everyone has access.
1.50 is a great price to buy more if you are already in this
GL
www.tradingsignalreviews.com
CADCHF : 2 patterns pointing to a buyFrom the charts I can see the bigger Gartley completing at 0.7344/58
The smaller Shark completing at 0.7357/69
Hence we have a potential reversal zone of approximately 35pips, small for a H4/Daily chart
Let's stay patient for the TBar to form.
EURUSD with interesting level for SHORT after BREXITWe presume short selling after Brexit vote in U.K.
Surely Central Banks will react but our view is weakening of EUR against safe haven currency USD.
Both Bullish and Bearish Bat on the EURUSDAfter the market calmed down towards the closing of the week, the chart is showing us a Bullish and a Bearish Bat pattern on the EURUSD. Let's see what happens next week and trade them accordingly.
EURUSD showing us bullish and bearish BatsAfter the market calmed down towards the closing of the week, I see the EURUSD chart showing us both a bearish and a Bullish Bat pattern.
What is the theme for now : Risk-On or Risk-Off (AUDUSD)What is the market telling us now after all the turmoil from Brexit. Is it going to be Risk on or Risk Off for next week ?
The charts are showing us that the AUDUSD is currently supported at the 0.7330/50 levels.
If these support levels give way, we could be looking at 0.7060 or even 0.6950 levels for the pair as it goes down to complete the Bullish Bat pattern
Index of Italian Market (MIB) created a downtrend before BREXITMIB shows signs of a downtrend (again). Around 17300 we expect a rezistance with higher volatility due to BREXIT.
INDEX:MIB [/symbol
MIB is mainly driven by low-quality titles from the bank sector.
We expect reaction to the downside with quite interesting RRR of almost 3.
More you can find and learn free on UncleTrader.com .
NZDCHF coming to test the highs again?NZDCHF completed a Bat pattern, price could potentially come back to test the PRZ again
EURCHF coming to test the highs again ?I see a bearish Deep Gartley completing at around the 1.0905 level.
Will see how the price reacts to the levels.
EURGBP looks ripe for the pickingThe pair completed a bearish Shark and reacted to the PRZ, we are right back at the PRZ for a Type 2 test.
I also see a smaller bearish Butterfly pattern completing at about 0.7950
Both the H1 and H4 RSI reaching the OB zone
EURCAD Completing a Bullish GartleyThe EURCAD completing a bullish Gartley pattern at 1.4310. Other reasons lining up with this trade
- H4 RSI turning off the OS zone
- The PRZ of the pattern also coincides with the support Trendline drawn off the April 2015 lows
Time to buy Sony?SNE is hovering near the 61% Fib retracement. There is also renewed hope of a positive growth outlook among investors. Time to buy SNE?
AUDCHF Bat pattern short at last week's highHere is another AUD short and this one has good structure to pull off the short unlike the AUDUSD short at 0.74.
GBPJPY turning bullish after that big drop ?As you all would know, I missed the big drop on the pair after being spiked out of my short. (See related ideas)
Now after all this, I am going long for the reasons below :
- Completed a Bullish Shark Pattern
- Forming a falling wedge (bullish indication)
- Bullish Divergence on the RSI
Breaking above the falling wedge would be a powerful indication that the price is ready to move up
Still bearish on the GBPJPYGBPJPY already completed a bearish Bat earlier last week, now a smaller bearish Shark pattern has also completed. Looking to short on the quick retracement.
All ready to short at 162.60 with stops above 163.00
AUDJPY Completing a Shark PatternThe AUDJPY just like the GBPJPY is completing a bullish harmonic Patterns
CADCHF Long before the Big Short ?CADCHF seems to be on my radar this past month. In my earlier trade idea, I was looking to short this pair but it never came up to my sell zone. (See related ideas)
Now the pair has completed a Bullish Bat pattern to go long. The chart is indicating that it might come back for a re-test for us to go long. I'll be watching this pair.
EURUSD setting up nicely for a shortEURUSD completed a Bearish Gartley pattern. Once the indicators are aligned, this should be a good pair to sell.
