- Shows weakness at top - would short with good risk to reward ratio - usually after dividend the stock will go further up, this was not the case here. Tell me what you think about it :)
see title, good R/R My estimate is that in 70% of all times it works out
if above 0.26 buy -> Broke resistance also watch at the volume, it should have decreasing sell volume and strong buy volume. Good R:R of 1.5
It was long time never this low. In 2008 when the market collapsed it was just a bit shorter. In my opinion it will go up safely until 1000 mark because market love that kind of full numbers. Risk to Reward is excellent also the market did a retrace from the bottom level indicating that the buyers are now in control.
Strong Support Zone + small Hammer Take .05 Fib Retracement as Profit.
I will sell at 2111. Stop Loss is 2132.2 Take Profit: 2046. As you can see we are near the top of the trend and a pullback can be expected. Take Profit 0.236 fib level but can even be extended 0.5 fib level which would be 1965.
It did break the PRZ before but then a nice hammer formed and it is back to the 1.13 level. I think this is good buy with a Take Profit at 14.52 and a Stop Loss at 12.99
Seems like selling at the top of the sidewards channel is a great idea. Take profit is the bottom of the channel. Risk Reward is 2.05 Stop Loss : 12.06 Take Profit: 10.34 Have a nice day.
I think this is a good buy because of the 200 sma and the 0.382 fibonacci retracement. I will set the stop-loss below the 0.618 retracement. Take Profit is 2.618 Fib
Gold Short 382 pullback expected after that uptrend and hammer Stop los: 1317.75 Take Profit: 1213.21