We can see here on the daily that the EUR/JPY pair is looking at a nice set up for a continuation of it's recent break-out. After forming something of a bottom it has broken out above previous resistance then pulled back making it new support. We also have a lovely text book Pinbar candle that's wick crosses over the previous resistance (now support). This tells...
Hi TViewers, Here we can see EOL formed a big cup and handle over the past 10 years. I'm no specialist in patterns but there are a few we should know. To me, the cup and handle is one of the bigger and more consistent patterns we see. Apart from the cup and handle we see a good trend in play here. With all of our SMA's pointing in the right direction and in the...
Hi TViewers, CORN is continuing it's solid trend from it's break above the 3.40(ish) mark and is looking very strong. As you can see on the chart it has pushed through it's previous minor resistance points at about 3.70 with excellent volume which would lead us to believe it will continue. We could look to buy here if you weren't already long. Those looking...
This is my first published idea so be kind. Always appreciate feedback. This is not financial advise, just my thoughts and opinions. TWE is looking good after a brief period of consolidation around the 17 mark. It has rising volume and is showing signs of a good move up early next week. Today the price moved well above the recent consolidation zone (see chart)....