A viewer on my Livestream Friday brought to my attention that Pfizer NYSE:PFE is coming off a major low (COVID Low) and has done a pullback to the 50% of the Impulse Move off said low. This is why I love doing Livestreams and having a trading community... idea crowdsourcing! I like these setups especially as the S&P 500 and many stocks within it are making new...
after the consolidation it's bound to continue the trend as the impulse move . Trend = Downtrend.
Evening traders, Today’s Analysis – EURUSD- testing local resistance with equal highs, a move back into Fibonacci levels is probable. Points to consider, - Trend impulse - Double top (Local resistance) - Support confluence (MA’s & .50 Fibonacci) - Oscillators diverging - Volume below average EURUSD’s immediate price action is impulsive under key local...
market is hovering at the top of the decending channel. looking for a break of this structure and looking to take profit around the top of the channel which is almost at the daily trendline. R/R 3:1 risking 1%.
Price is setting up nice for the next bullish wave up! Great RvR on this trade. With BTC technically setting up for a nice move up it adds a greater level of likelihood for this one to go favorably as well. Trade with care my friends :)
Really liked the setup before rollover, next opportunity is forming now Flags. I would really like to see a bigger correction and flag