Reasons for bullish bias: - Falling wedge pattern - Price is at support zone - Overall a bullish trend on weekly - Bullish divergence Here are the recommended trading levels: Entry Level(Buy Stop): 70.92 Stop Loss Level: 63.24 Take Profit Level 1: 77.79 Take Profit Level 2: Open Note: If the price gave an ATH breakout, it would also be the bull flag pole breakout.
A rising megaphone structure has formed with price currently trying to find support in the middle of it. If support is found another test of the upper trend line is possible. Daily timeframe.
$MAS Masco Corp - Range breakout this week with close above resistance. Ideal entry is a pullback and successful retest of support near $60. Medium term target - $75 possible by August (~25% return) Note: This is NOT investment advice. Educational only.
42.53 ENTRY PRICE. 38.28 10% STOP LOSS. 44.66 5% TARGET. 46.78 10% TARGET. RSI above 50 with a steep incline. Volume at 100% +. Price above 200 sma uptrend bias. Hugh large Bullish engulfing candle. Price above both all ma's. Price had a bullish breakout of range top. Price closed above 50 sma for a bullish bias.
Stop: 51.00 Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search...
CAMBIO DE TENDENCIA EMAS 200 800 BANDERA MENSUAL BANDERAS SEMANAL RETROFIBO DIARIO...
ANALISIS ELIOTISTA MAS 0.68 RETRO FIBO ... ESPERANDO FORMACION DEL PUNTO C... .... EXTENCION 1.68 DE LA ONDA A...SUBIDA INMINENTE
BTC USD key levels to watch now (MAs & EMA S/R)
We have an interesting setup in GBPSGD, look to enter longs at market open, on dips to support or if we get new highs. There is potential for the weekly uptrend to resume as well, but ideally we'd want to see price move in our favor right away. As usual, risk a max of 1-2% on this trade if you take it. Stop loss orders should be below Friday's low to be...
Long position towards monthly downtrend. 250+ pips Bullish engulfing confirming bullish sentiment and bias along with ma's. Along with the clear bounce off the 50% fib level and monthly support level towards 38.2% fib. Price action at 38.2% will further confirm my position.
Target 1.32, channel support. All evidence points to a huge dollar tank ahead. Gold: EURUSD:
I reccomend going long USDSGD, both with a 3 times the daily ATR stop loss, as well as a tighter stop below 1.3506. There seems to be evidence of a bottom forming here, and we can expect a sharp rally to fire soon, and resume the long term uptrend in this pair. Fundamentals favor a turn, or at least a mejor retracement and a sideways market. "The Singapore...
Interesting developments in this pair, unlike SGDJPY, seems like the uptrend can resume from here. Price found support at a strong level from the previous uptrend, and came down forming 7 waves, an ABCXABC correction. If we see a move off this consolidation, which is strong enough, I'll try to go long asap. Good luck! Ivan.
EMA's are bullish. Nice gap, good volume.
MAS expected to open at 27.00 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
MAS expected to open at 24.5- trapping a lot of bearish traders. Careful Retest gap - watch out for resistance between 24.45 and 24.71