This is a revised chart from a previous post. NEO -0.97% appears to have bounced off the trend line of a lower uptrend line. Price still within local -1.93% down channel but I believe this past downward movement to simply to be a market correction. This coin has great potential. I predict the price to adopt the less steep and more sustainable trend of the upward...
Hello, everyone! KIWI OANDA:NZDUSD is completing the grand bearish Wolfe wave. As soon as the price shows clear signs of reversal after reaching point V, this can become a very interesting opportunity to go short. Good luck and profitable week!
The SPX is on the verge of a rally inside of the consolidation mode it has been in since the beginning of June. Reversal signals at the bottom of support is a good sign that things are about the change. Only thing left is to wait and see. An attempt to reach the resistance in the chart below is looking very likely. Don't be surprised it market does go up. The...
GBP has been recovering from short-term drop due to election loom, given the fact that it didnt break the support trend line clearly. *1.29285* would be a good long entry and TP at 1.304. Trade Safe
I keep seeing this pattern time to time and I think is time to keep track of it. It is a triangle in reverse going from small to big. It normal has 3 points at the top. Lets see what happens :)
Based on the current Daily chart/pattern, there is a possibility to enter a LONG until the top of the channel trendline, before a substantial SHORT to the bottom of the triangle's channel trendline. IF the bottom trendline is broken, after consolidation and crossing the Blueberry EMA, we should be able to have confirmation of a significant Impulse wave downwards...
$25 Million to $50 Million Revenue Generating Company??? YES PLEASE!!! i.imgur.com 1. Merger with McCusker which shows $25 Million to $50 Million of REVS on ZOOM INFO 2. No lawsuits, arbitrations, proceedings, pending investigations, outstanding options, warrants, rights, calls, commitments, conversion rights, plans or other agreements of any character providing...
The DAX has been channeling in a 400 pip wide band for the past 2 months. To make matters interesting, the highest high ever of the DAX has already been approached, already bouncing back just 15 pips away from it! So the question arises: will the DAX break through the channel or not? If the DAX REMAINS in the channel (as I am hoping), then the following...
Current environment for USD and in the bottom of a channel, it must bounce reaching 1.9 or something close to that
Little to say other than this is about to explode on a breakout pennant in anticipation of the R/M 8K
SHORT channel opportunity Let money make you money, thats how we get rich! Chances are high, just participate wisely! Smart profits, cheers
0.77 has held up again after a 3-month bull run makes sense to reverse around here, tough resistance that has been tested 4+ times, to Buy at this point IMO we would have to maintain above 0.77500
We are approaching the top of an upward channel, this key area of resistance is a good area for a sell opportunity. This is supported by divergence, that suggests that the next peak will be lower than the last - which would fall at the top of the trend line. Before placing a trade wait until the candle closes, if the candle closes outside of the trend line the set...
The top of the bearish channel is a good opportunity for a short position. This type of trade gives a good risk/reward ratio, stops should be placed outside of the channel. It is key that stops still allow price to move above the trendline and not be too close to the trendline, therefore the 0.85570 zone is a nice level for this. Targets could be the bottom of the...
Hey guys, today i want to share a traditional structure based trade that's on my watchlist today. On the left hand side of the chart you can see on NZDUSD we are fronting a key resistance level that may stop price action's rally. If you follow me for a while you know i'm a conservative trader and that i need additional reasons for entry in order to set my orders....