The DXY looks like it is trying to bottom near 101.5 support. Today was the first bullish day on the Daily. USDJPY is on it's 2nd Daily bullish candle and looks to be reversing. 1. I'd like to see a pullback on Tuesday to Midrange and for price to find support there. If so, I'll look to get long at Midrange near 130, with stops at 129.60. 2. I'd like to see...
Looking at this chart, we have a potential box break down shaping up. This would mean weakness in the equity markets. I'm leaning short as we are below the -1 Bollinger Band. To me, that means down trend.
With over 16 days of Consolidation. This should lead to Expansion. Target 178. Twice the size of a box breakout over 145.89. Looking at 15 Jan calls up to 165.
AAPL in a triangle pattern, very similar to TSLA's. I'm Anticipating the breakout to occur this week or next. A 35 point base give us a Target 1 - $173. Price has been holding the Quarterly Open for nearly 11 days. Its very near make or break time.
This Trade is an anticipation trade. The market is currently bullish and TSLA has been forming a symmetrical triangle for over 2 months. It is nearing the Apex of the Triangle which means a move should occur soon. Next week I am expecting this chart to breakout of the triangle and to the upside, as price is currently holding the 200 EMA. I see this base as...
This stock has had a lot of good news come out over the last two weeks. The MACD has been losing bearish momentum over the last 9 days. 35.15 has acted as a pivotal level many times before, and the last 3 times price has tested this support level the stock bounced to 40/41. The 200 EMA is less than $1 away at 34.76. Betting that support holds and the election...
Contraction on top of contraction leads to lots of expansion.....usually. Hold tight. Looking forward to watching this develop over the next two weeks. Targets are 26.5 to 32. As always, the Double Bollinger Bands are confirming the trend.
Contraction leads to expansion. GJ has broken out of a large contraction box and has now closed inside of the Daily Trend Zone. The lower timeframes are aligning. H1 signal was given. Lets see what happens. Could go as high as 139.75. First target 138.20.
Looking for USDCAD to retest the previous Head and Shoulders breakout level between 1.3259 to 1.3247. That should run stops that are currently resting at last week's low. After price reclaims 1.3267 or last week's low, the low of the week should be in, and a swing long can be taken to 1.3420.
Hey, Thanks for checking out my trade idea. Please feel free to follow me and like this idea. NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets...
Contraction leads to Expansion. BA moving under 156.36 begins the expansion process. Looking for the big move to occur if price gets under 153.14. As always, supported by the Double Bollinger Bands sell zone. Thinking price to head to the 120s.
Contraction leads to expansion. Double Box move. Bought on a pullback to the BB1. Looking for price to close above the 38/39 Level and then expansion to 42.
Contraction leads to Expansion. Now that price has begun to expand over 28. Looking for a move to 37. As always, Double Bollinger Bands lead the way.
Contraction Leads to Expansion. Just been waiting for price to close inside of the Double Bollinger Bands on the Daily. Ready to go. Looking to retest Highs and possibly move higher.
Contraction leads to Expansion. Bought on a pull back to the BB1. Need price to close above 151.53 to expand to the 160s. As always, price is supported by the Double Bollinger Band trend zone.
Contraction leads to expansion. With a Daily close over 1.56438 or at minimum with price action finding support above that level, there would be potential for EURCAD to expand to the blue levels marked above. Also, the Double Bollinger Bands support a Bullish Trend.
Contraction leads to expansion. With a Daily close over 11.60 Kodak has begun the process of potentially expanding to 17.88. Also supported by a Daily and Weekly close into my Double Bollinger Band Bullish Trend zone.
Market structure has been broken to the upside (check). Now waiting on stops from Thursday to be run (cross), to generate liquidity. After stops has been run and provided price reclaims the launchpad area (airplane). Then Off we go. Target 107.