Trend Analysis: ROKU - Elliot Wave and C&H PatternNot an expert at EWT , but it's relatively easy to see a wave 4 correction of larger wave 3. I'm targeting a pullback here before earnings to the horizontal white line (which was previous resistance before the recent breakout) and then continuation of wave 5 of 3 to about $210 (2.618 x total length of wave 1 (which is about 80 ($140-$60)). Furthermore, I see the wave 4 correction allowing for a potential handle of a cup n handle pattern. Which takes the chart ultimately to about $260 before the next consolidation phase.
Pullbacktrade
EUR/NZD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
Market-Sell: 1,73875
Stop-Loss: 1,74480
Take Profit: 1,72810
Stop-Loss: 60 Pips
Risk: 1%
Risk-Reward: 1,8
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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INDICATORS POINTING DOWN - RANGING - MARKET CHANGE - TVIXF 240MNThank you for your lies and shares, Much appreciated!
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The market needed to be looked up with another eye. After the decision of the Credit Suisse company to take down some shares.
Did we notice any change ? No!
Market TVIXF changing in market shape, passing from a descending trend to a ranging lower trend. Is it the results of the company's decision? No!
For the analysis, we can clearly notice that there is a strong resistance illustrated with a green horizontal line, which as been tested several times before. Possibility of an entry short from that point again to be on the wave of a probable pullback down on it.
Furthermore, the lower part of the actual overall horizontal trend marked with the orange line, can probably see the market trying to break it, to evolve at a lower price.
Another idea would be an entry long from that point(bottom orange line)
At the moment, because the market hasn't shown any strong sign of recovery, we would wait and see what is going the happen from next week.
So Wait Few Days to Increase Your Probability Limiting the Risks.
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GBPAUD PULLBACK I love trading these small pullbacks. We have a clear three drive pattern, watching RSI shows price can't surpass the 67-68 levels. OVERBOUGHT.
Sellers stepped in and continue to push price down. Possibly to test that support line I've drawn. Let me know your thoughts on pullbacks. We know this is a small pullback before another potential push to the upside.
Tesla- Waiting for a pullbackTSLA soared to all time highs this week... and though it would be fun to jump in on the action, it just feels like Iwould be entering no man's land to be bullish on TSLA at such a high price. I am going to be watching for a pull back somewhere between the 13 and 21 EMA over the next 7 to 10 days. What goes up, usually comes down. This is one that I will be waiting for in the days to come.
Trendline Breakout & Retest SetupEURJPY currently finds itself trending within an ascending parallel channel after successfully breaking out of the descending trendline. We will be looking to enter longs on a pullback towards the 0.618 fib retracement, in confluence to our outlined parallel channel and the previous level of support.
Resistance Retest | Pullback ExpectedUSDCAD currently finds itself retesting the previous level of resistance and holding on pretty well so far. Assuming this level holds, we will be looking for a pullback to retest the current ascending trendline in correspondence to our 0.5 fib retracement area, and potentially bounce off into further bullish momentum.
Monthly candle on USDCAD shows huge bullish candle wick forming up - providing us with a bullish sentiment for next months price action on this pair.
Trade at your own risk!
Pullback Long SetupCurrently trending within a parallel channel. Price just recently experienced a rejection from previous level of resistance and will most likely retrace back down to our 0.618 Fib level where we could potentially open longs and continue to the upside to retest the higher time-frame descending trendline.
GBP/USD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
GBP/USD: Daytrade-Execution
Sell-Limit: 1,25060
Stop-Loss: 1,25790
Target 1: 1,24265
Target 2: 1,23900
Target 3: 1,23470
Stop-Loss: 73 pips
Risk: 1%
Risk-Reward: 2,20
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)