Vf_investment
ESTE - HEAD AND SHOULDERS - SHORTEarthstone Energy inc. stock is forming in a head and shoulders pattern signalling a short trade opportunity provided that the shape forms. Where, upon a break from the neckline (green line) accompanied with a surge in volume. Price of stock will fall in accordance with the arrow in the chart. The stop loss and take profit levels are shown in the chart. The target would be at the previous support level (white line)
ADTN - Pullback - shortADTRAN Holdings, Inc. stock shows to be oversold on the stochastic oscillator (over 90). Moreover, We notice the presence of a bearish pin bar that is way above the Bollinger band of EMA as well as the 20 ema lagging far behind. Therefore, we anticipate that price will drop in retracement down until a potential resistance level in yellow.
Entry, stop loss... are shown in chart.
Bitcoin Long Position AnalysisThe chart indicates that bitcoin price has been down-trending for a long period. Also, MACD indicates that it is buying signal. The price has crossed the Keltner's bottom band. In sum, all indicators point out that it is a buying signal.
Target: 32191.25
Entry: 18834.98
Take Profit Level: 28574.44
ETHUSD potential bullish pushThe price has formed a falling wedge, we expect the price to break to the upside. we are looking for 50% Fibonacci retracement.
RSI: Is below the 30 threshold, this means that it is oversold. we are expecting upcoming bullish momentum.
Target: 2260
Entry: Buy zone in chart
USDCHF potential bearish dropThe price has been rising, however the RSI is above the 70 threshold, so this indicates that it is overbought. Price is at the top of the Bollinger band and this also indicates upcoming bearish momentum. we are looking for 50% Fibonacci retracement.
Target: 0.979
Entry: 1.00
S&L: 1.012
AUDJPY SellThe price is approaching the resistance level. RSI shows that AUDJPY is overbought, so this could indicate upcoming bearish momentum.
Bollinger band: The price is touching the top of the Bollinger band, so this could also indicate upcoming bearish momentum. We are looking for a 50% Fibonacci retracement.
Target: 90.63
Entry: 93.76
S&L: 94.95
CADJPY double topThe price shows double top, which would indicate bearish momentum. The RSI shows that CADJPY is being overbought, which also indicates upcoming bearish momentum.
Bollinger band: bounced of the top of the Bollinger band, which also indicates upcoming bearish momentum.
Target:99.74
Entry: 102.55
S&L: 103.48
CHFJPY SellThe price has been rising, however the RSI is showing that CHFJPY is being overbought which would be an indicator for a bearish momentum. The price is also touching the upper level of the Bollinger band, which would also indicates bearish momentum. We are looking for a 50% Fibonacci retracement.
Target: 131.780
Entry: 135.235
S&L: 136.720
CADCHF rising wedge The price has formed a rising wedge. We expect the price to breakout below wedge and continue the bearish momentum. We are looking for a 38% of the Fibonacci retracement. After the price reached its target, move the s&l to the entry point.
Target: 0.7511
Entry: 0.7670
S&L: 0.7749