KITOV PHARMA LTD. (KTOV): All The Pivots, Supports & ResistencesFind Winning Trades In Seconds >> efcindicator.com (Special Discount)
KITOV PHARMA LTD. (KTOV): All The Pivots, Supports & Resistences
Pivotsupport
US 30 ZigZag Correction Near CompletionNearly there. Probably another rough day or two to get crushed down to support and complete the Zig-Zag correction (WXY). Elliott ABC wave near support.
Expect a hammer Doji, a deep spike with reaction lift. Maybe Tues/Weds. Who knows, utterly unpredictable atm. Spy might get down to 253. Nas- who knows?!
If index breaks and closes below the blue pivot support box, it's in big trouble and we should expect a bear market. Biting my nails to stubs.
Monday wild price swings were astounding, it fooled a lot of us into thinking "This is it! Going up!" Expect consolidation at bottom first, not a giant bounce.
As always, this isn't investment advice, trade at your own risk!
VIX Double Vertical Spreads for a move higher in VolatilityAfter reaching a low of 11.10 today, the VIX closed at 11.57.
Having been in a low Vol Environment for a while, I believe that this bounce off of the S2 Pivot Point intraday today, can be a potential low for the index.
I have chosen a synthetic long position to play this out, over the next 60 days.
More specifically, I sold the Nov 2018 14/12 put credit spread for $1 per contract and bought the same expiration 15/17 call debit spread for $0.50 per contract, in one order. This gives me a 2R (2 times the risk I assume in potential profit), since I can lose $0.50 for every $1 I can make, as my max profit.
I will close my position when any one of the following conditions come true:
1)My position gets to $0.90 per contract
2)The VIX reaches 20 (as this is a Fib level that will act as a resistance point, or
3)The spread gets cut in half, or $0.25 per contract.
Happy Trading
Lindosskier
US 30 Bearish Gartley Near Completion - Closeup Personal ViewStarts to look like US 30 might fill the pattern in this bearish Gartley model after all.
After 3 days of hard selling, pressure may abate and we ought to get a lift off the pivot at 26000, we saw strong resilience in US 30 over past sessions. In past two days, pattern of fierce selling relieved by bargain hunting in the afternoon. It appears that rotation is moving funds out of NAS & Sand P into US 30, which rose modestly on both Wednesday and Thursday, show of divergence in face of sharp declines in other indexes. -> "Flight to Quality" - seeking blue chips.
RUT selling off, Sand P selling sharply then late day bargain hunting. Sand P has come down to support at its 20day moving average, and I expect it to bounce from here as well. Probably prudent to cover shorts if you're hoping for more bleeding, might be done for a while.
US 30 is poised to move up the last leg to complete its Gartley pattern, see in chart how US 30 flight path is pointed straight at Fibonacci 1.618 from B-D?! NB: The trendline reaching back to Apr/Jun peaks intersects precisely at Gartley 'D' - coincidence? Perhaps...
A final drive up to R3 will complete the pattern- only a measly 270 points north, could get easily there on one bullish Monday!
Pulling money out of FANGs to move into Dow will do it.
The pattern suggests a new lower high on/about Tuesday 11 September for US 30, unless bad surprise over weekend. After that- the big slide into the Zig-zag.
I'm getting pretty excited thinking about the Big Short...!
As always, this isn't investment advice, it's a fun post for education, enjoy it, and FGS be Carefull!
The GBPUSD Trading Below Support Last post: June 14th. See chart .
Review: Price had weakened over 100 pips since bouncing off resistance but needed to break and close below support.
Update: Price is currently trading below support but need to see a close below support by the end of the trading day.
Conclusion: Applying patience to see if the break and close is confirmed which will suggest a bear trend continuation.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
EURCAD short? 90 pips
Simple EMA strategy
H4 Lower highs and Lower lows
Waiting for price interaction with H4 20 EMA in the trend direction.
There's good resistance on the pivot points as well.
Entering at the 50EMA bounce downwards.
Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards
Two trades 30pips Stop Loss, targets at 1:1 and 3:1
Don't forget to risk manage - www.babypips.com
t > @bizlus
A Potential Pullback Long OpportunityUSOIL is going through an extended consolidation phase where some decent opportunities for both buyers and sellers are present. I expect aggressive sellers will take this down to 7056 where I am looking to initiate a pullback long position with stops below recent low of 7024 and targets around 7097 and 7154. This is 2R trade with lower probability than 60/40.
USDJPY 4h Long- Trendline Bounce + Pivot Point Support + Low RSILooking at USDJPY on the 4h timeframe we can see a clear trendline bounce with 2 confirmation candles. Low RSI shows a clear oversold making the trendline hard to break. Adding to the support there is the pivot point just on the trendline. Targets towards the top trendline but being cautious of the MA zone that is on the P pivot point acting as resistance.
GOLDIdea: GOLD continuation long if it can hold yesterday's Daily pivot .
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
AU Short Using Monthly Resistance Levels!FX_IDC:AUDUSD Currently Short on my initial entry. For this Trading style I look for the ebb and flow of the market, my initial entry is .01, with a second of .02, and occasionally a 3rd (have not hit that point before). I trade small in relation to account size so if you are reading this expecting big wins try to remember it's risk vs reward. The monthly pivots are set to Fib Support and Resistance levels and I like to trade from one level to another. Usually from S2/R2 down/up to the monthly pivot. Occasionally I will let a trade roll over to the next month and change my trade accordingly.
EM-BTC analysis (Ref.)TO Ichimoku Cloud system is focuses on equilibrium, moving averages, and dynamic support and resistance zones. So, for a instance when you look fast for the actual moment for this asset, it appears that it is possible to make a entry; however, there are three things that highlight-me a no-entry: The Lagging Span IS NOT above the price, the price is between Tekan-sen and Kijin-sen , and a short time-frame analysis is necessary for a better entry.
For those that have 'balls of steal', it is possible to leave bids on Kijun-sen in an attempt to get some money and sell it at the instance that the price goes up. (I dot not have that courage. So, I do not recommend this craze strategy, lol.)
It is possible to notice that there is a Pivot (P) that shows a possible support region. So, let's see whether the probability works in our favor.
To interact with this chart, click on it of in RELATED IDEAS below.