A rally into resistance is offering up a great short play today! Good luck!
Gold is looking mid term bearish. Bearish divergence and bearish pennant in play. Set you alerts!
KC Wheat could be forming a midterm bottom! Bullish divergences and reacting at key support levels. Set your alerts!
KC Wheat could be forming a midterm bottom! Bullish divergences and reacting at key support levels. Set your alerts!
Enphase is overreacting to the downside today right into major support lines, it is piercing through these levels currently but I think a reclaim of these levels could provide a bullish setup. Also, Enphase report a surprise earnings beat of almost 13%. Weird price action for those earnings.
This chart setup is simple yet sweet, set your alerts! Happy trading!
check your charts folks, this is primed for a rejection and a drop! Trade Safe!
A premature bearish pattern is forming, risky to get short now but reward would be large. Good luck!
GBPAUD setting up for a very quality long. Please set your stops!
The pair has broke below a significant uptrend and confirmed the breakdown with a back test of the uptrend as resistance. I drew a few price targets on the chart (green lines) the optimal target is the golden pocket.
A combination of silver on the brink of breaking below its tight uptrend channel and a strong textbook bearish divergence in play.
I entered a short position on the spy this morning as we rallied into resistance. Along with my current short idea I see a more macro bearish pattern forming. A unique head and shoulders, this is a lower quality head and shoulders but it is in fact a H&S pattern and should not be over looked. Safe trading!
Kansas City Wheat and Live Cattle charts looking scary similar. Hope all you cowboys out their are hedging a few years out at these prices.
The currency pair recently got close to my short line, but did not quite hit my zone. I have selling orders around the cross of the horizontal line and the descending trend. I'd also like to add that I have observed a bearish continuation pattern on the momentum oscillators. Safe trading all!
Crude oil had formed a nice mature bull flag but my gut is telling me it will get invalidated soon and break lower to the green support. I think crude needs to reload its momentum in order to break through the great wall of sellers that we have been knocking on recently. Trade safe!
With the unexpected news of oil production cuts oil has gapped up hard. Although strong, oil has rammed a massive resistance zone . May be to soon to call short, but i am. Gap fill possible.
With the unexpected news of oil production cuts oil has gapped up hard. Although strong, oil has rammed a massive resistance zone. May be to soon to call short, but i am. Gap fill possible.
AUD/CAD looks like a great potential long. Set your alerts and trade safe!