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Tripplebottom

KO Coca-Cola Long Trip BottomLooks like a trip bottom forming on daily. Charts look good on the Weekly as well in my opinion. Good setup with a relatively tight stop. Always base your trades on the possibility of it going wrong and adjust your risk accordingly. Never risk what you cannot afford to loose. Good luck everyone! Tips are always welcome and will encourage us to release more setups. Thank you! : ) BTC 2.53% 2.56% ~ 3AzvnCnCE84CCBrJgbYJoZReGomeFWWQnc ETH ~ 0x6BD4C177BA087B83c4505d1a997167b0fcFe6D74 LTC ~ MKpsqHCkYVZWgC8GyWERA5WJerxosgduKz
NYSE:KOLong
by Pyr09903
Maidsafecoin perfect triple bottom really good BUY signalIt is perfect rebound from the very solid support. We can see on daily chart really perfect triple bottom formation. I would set up TP area near highs but it can change over time. really good buy signal. I took closer look: 1st bottom we see morning start formation with upside down head and shoulders formation. Shoulders level above 10k 2nd bottom upside Head and shoulders formation shoulders level above 10k 3rd bottom nice hammer and it seems like it is forming third upside head and shoulders This looks pretty harmonic
MLong
by Krystiannwk
1
Correction EurUsd Confirmed 15-03-2017 (ap)Hello Dear Traders & Welcome To Growing Forex "TRY & REFER THE BOLLINGER BAND WITH RSI" Be Prepared For A Rate Hike Today (1.00%) According To Bloomberg The Sentiments Of The Rate Hike Are 94% & It We Are Pretty Much Sure That They Are Going Hike The Rate, The Average True Range Of Volatility Of EURUSD On Rate Hike Is Approx 100-150-200 Pips (according to past rate hikes) That Is Enough To Drag The Price Southwards To 1.0560 or 1.0492 Levels. Trade On The Breakout & Close The Trade On 1.0560 - 1.0492 Levels As Shown In The Chart. This Will Probably Indicate The Completion Of Wave B & Start of Wave C. KEY EVENTS TO WATCH TODAY : 1. FOMC Economic Projection (report) 11.30 (IST) 2. Fed's Monetary Policy (report) 11.30 (IST) 3. Fed's Interest Rate Decision 11.30 (IST) 4. FOMC Press Conference at 12.00 (IST) "Don't Waste Your Time With Explanation, People Only Hear What They Want To Hear. " Good-Luck, Regards, Growing Forex.
Short
by GrowingForex
USDJPY Triple bottom, long positionsUSDJPY has formed a triple bottom, hugely respecting the 111 level. We also have a fibonacci 61.8% on 110.4, so the zone 110.4-111 works as a really strong support. The price is also respecting the TL from 2013, making the current zone really strong and the pair would need a huge momentum to push the price below these levels. The TPs are based upon fibonacci and resistance from 2001. Entry: 112.4 SL 110.2 TP1: 116.2 TP2: 117.5 TP3: 119
Long
by AndreM.Moldegard-Eriksen
GBPUSD, potential long at triple bottomOrder is showed on chart. Plan is to catch the price when it falls down, which it probably will do soon due to being oversold (See RSI), as well as the price is currently trading between fibonacci 61.8 and 76.4. The pair has formed a double bottom twice at the support zone, and if you have a look at RSI, then you can see that it has been oversold both times, and it has came from a oversold position (Which we currently find us self in). If the price is rejected here, then we would see a triple bottom. Keep in mind that this support has held since 2002. Order is as following: Entry: 1.407 Target: 1.43 (right below fibonacci 61.8 SL 1.403
Long
by AndreM.Moldegard-Eriksen
3 patterns + possible implication for $MU(1) A falling wedge has formed since October, wich is a longer-term pattern, and since $MU is in a down trend since 2014, this should be considered bullish. (2) A head and shoulders pattern has completed, with target 10. Combining these two patterns gives a price target and a time-frame. Additional points: * Historically 10 acted as support and resistance. * It still has to break through the 13.50 support at which it triple-bottomed. Which historically never played a role, but was the low during the "flash crash" of August 24. Putting things together gives a possible scenario/speculation/what to look for: MU pushes through the support at 13.50 during the first half or so of January. After this MU keeps trading between the trendlines of the falling wedge, until it reaches the 10 area. This should be somewhere around end February, first half of March. Here it might break above the upper resistance, completing the (bullish) falling wedge pattern. Who knows that involves a rally before FQ2 earnings.
NASDAQ:MUShort
by Undertow