This looks a good buy with a close above 1805, then 123 low - higher high - higher low - with the potential for a 3 wave corrective move. Trading within a falling wedge on the down turn has created MACD divergence to price also indicating weakening of bearish sentiment.
Potential for a Bullish Cypher here on the weekly chart with some decent support
Cobham is currently trading within an area of support with MACD & RSI divergences to price on multiple time frames. With such low risk/exposure to this trade I think it is well worth consideration and I have took a small long position here.
For me this is now either a buy @ 840-850 or buy the break of neckline/wave A high
We have divergence to price on the 4hr & 1hr chart with MACD & RSI. Potential for a good risk reward trade here
CPR released a positive update to market this morning and has opened with volume. I fully anticipate this to breakout of downtrend and have opened my first long position this morning, i will add to my position on breakout
Weekly chart shows MACD divergence to price within the downtrend, I will be watching for a breakout and close to start buying here. Thanks to uk.tradingview.com for bringing this to my attention with you analysis of the daily chart.
Entry 7268 - Stop 7278 - Target 7248
Usual tact here with this harmonic pattern, entry point D with stop above point X with target 618 fib retrace
Watch for pullback to .618 retrace of A-B move for 2nd short to target point D of potential ABCD move, also target area of .618 retrace of harmonic pattern
Usual harmonic pattern rules here, entry point D stop above point X, target 618 Fibonacci retrace.
Will be watching for buy signals between 817-846. See related ideas for how last POLY trade performed.