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Trendreversal

EURNZD -Possible Reversal???EURNZD - We've seen three attempts by bulls to break through resistance. Another attempt by bulls? Watching for signs of a reversal. EURNZD is up 1200 pips YTD, 900 pips since July. Bulls need to muster a convincing break above resistance or seller's are likely to step in. Watching for any signs of life in NZD index... EUR is starting to show possible signs of weakness in other pairs. See EURCAD channel breakdown related idea. Placing sell limit at resistance, with stop above the highs... Three rejections tells me fourth attempt likely to be rejected as well... Will update the idea as it progresses.
Short
by cccpKGB1
$FLL Looks Set To Keep Climbing The Charts$FLL has not been a great investment for long-term holders, but the worst looks to be over. The price action the past 2 days has been positive with both days green on higher than normal volume. $FLL looks to be a worthwhile punt at current levels. Full House Resorts, Inc. owns, develops, operates, manages, leases, and/or invests in casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 920 slot machines and 26 table games, a surface parking lot, approximately 800-space parking garage, and 129 hotel rooms; a fine-dining restaurant, a buffet, and a quick-service restaurant, as well as oyster, casino, beachfront bars; and 37-space beachfront RV park. It also owns and operates the Bronco Billy's Casino and Hotel in Cripple Creek, Colorado that has gaming space, 36 hotel rooms, and various acres of surface parking, as well as 1 steakhouse and 4 casual dining outlets. In addition, the company owns and operates the Rising Star Casino Resort in Rising Sun, Indiana, which has 917 slot machines and 25 table games; a land-based pavilion with approximately 30,000 square feet of meeting and convention space; a 190-room hotel; a 56-space RV park; surface parking; an 18-hole golf course on approximately 311 acres; and 5 dining outlets, as well as a leased 104-room hotel. Further, it owns and operates the Stockman’s Casino that is located in Fallon, Nevada, which has 225 slot machines and 4 table games, a bar, a fine-dining restaurant, and a coffee shop, and approximately 300 surface parking spaces; and the Grand Lodge Casino that has 270 slot machines and 17 table games, which is integrated into the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada on the north shore of Lake Tahoe. Full House Resorts, Inc. was founded in 1987 and is headquartered in Las Vegas, Nevada. As always, trade with caution and use protective stops. Good luck to all!
NASDAQ:FLLLong
by OptionsGains
2
BTC Breakout or another Fakeout - This is the day we find outBitcoin has been volatile and without clear direction since falling from its local high of 13800~. Anyone who has paid attention lately is aware that BTC has formed a steady upward-trending support, and has been rising throughout the last week on low, but steadily increasing, daily volume. The bulls might have pierced this channel briefly, but they failed to hold it for a whole day. Now, according to the above chart, our current trending support will intersect with the resistance that has kept BTC subdued for over a month. This will give traders no choice but to send the price up, where it will challenge this year’s high and perhaps go further, or back down, dragging on this period of consolidation for a few more weeks at least. These trends intersect on August 10, although we could possibly discover the direction sooner. Others have made the following point, and I believe it will hold water: if we close above 12K on August 10, that’s a green light for a new rally. My take: this week resembles the setup for a bullish breakout more so than a fake out. Consider the following: 1: Volume is subdued, but rising gradually. 2: The MACD on the 1D chart has flipped green recently, historically a sign that the correction is over. 3: The daily gains recently have been very consistent, apart from the recent pullback from above 12k. That’s normal when BTC moves up while fighting strong resistance. Tell me what you think, if you disagree, or if you think i’m an imbecile below.
BITFINEX:BTCUSDLong
by Yorvos
Is CRSP going to "technically" break the bear trend this weekIn my previous post on #CRISPR I talked about the Green upward sloping trendline & how every time CRSPR has traded on or below it since May 2017 we've seen parabolic action. I don't want to say I told you so, but we've seen some parabolic action. To my surprise, the parabolic movement came the news of Vertex upfront payment of $175 million upfront payment. Specifically, Vertex gets worldwide rights for CRISPR/Cas9 technology along with other items such as AAV vectors for DMD and DM1. This deal totals just about $1 billion when you factor in all milestone payments for these programs, plus royalties. Moving on to the chart now.. It appears as though CRSP is about to "technically" breakout of the bear trend which started in May 2018 after reaching ATH's. The blue downward sloping trendlines are the attached to the swing highs, and one has already been broken to the upside, which could be considered the first real confirmation of a trend reversal. Once the second blue downward sloping trendline is broken to the upside CRSP is "technically" out of the bear trend, IMO. Time will tell per usual.
NASDAQ:CRSPLong
by ScotianBot
Electroneum starts upward trend!I can see the moon over the horizon! The trend is in full reversal! Electroneum has hit rock bottom with only one direction to go...UP! Look closely at the shaded circle, here you will find a special blue line indicator created by @TradeIndicators , as you can see price action is currently opening and closing above this line, something that has not happen in almost 12 months! I believe that if we continue to see action similar to this for the next week or so then a huge move to the upside is very much possible. After doing much research on Bitcoin's price correlation to new coins after a bear market I've notice that new coins usually begin to pump about 6-8 months after bitcoin's reversal. As you can recall Bitcoin bottomed in late December 2018, which puts us 7 months out within the targeted time range for a reversal to ETN. They is also a chance of side ways action for the weeks to come which is also a good indicator the bottom is in. **This is not investment advice. This is purely for educational and entertainment purposes only. Do your due diligence. Awareness618
ELong
by Awareness618
2
Double BottomThis pair seems to have formed a double bottom which could be indication for a long position.Wouldn’t be surprised if this shot up for some good pips. Entry: 140.258 SL:140.000 TP:141.529 Quote:’I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game’s winning shot and missed. I’ve failed over and over and over again in my life and that’s why I succeed.’ - Michael Jordan Trader essential from Amazon 1. amzn.to -Tylenol Extra Strength Rapid Release (LOL) 2. amzn.to -Encyclopedia of Chart Patterns 3. amzn.to -Apple MacBook Pro 4. amzn.to -OLLY Goodbye Stress Gummy, 5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US 6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver 7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
Long
by Red_Rock5