LONG TERM BASE HAS BEEN CREATED POST BREXIT. ASCENDING TRIANGLE BOTTOM AND LARGE CORRECTIVE STRUCTURE HAS CONFIRMED WITH A WEEKLY CLOSE AND BREAKOUT OF THE KEY LEVEL @ 148.00 PULLBACK AND RETEST OF LCS HAS BEEN CORRECTIVE BUT UNCLEAN VOLATILE. TRADE IDEA: ENTRY: 145.4 LEVEL IS VISIBLE ON A DAILY CHART, THIS LEVEL IS ALSO THE LT LSZ. BULLISH LT @ 145.13 ON A...
Strong breakout from large head and shoulders bottom leads to an impulsive breakout above key level @ 1.076. Price has now gone into a counter trend corrective flag structure. Treating this level as LLT, and using a long term target @ 1.125
After forming a double bottom in 2016 this stock has 6-8 months in accumulation forming an ascending triangle pattern with a clear horizontal level of break out. The breakout candle is an outside engulfing day making a convincing looking breakout. Looking to enter on a pullback into 34 using the low of the breakout day as my stop level. Target is previous high...
After making a Head and Shoulders bottom price has now formed a horizontal flag. Volatility has reached new lows as price has coiled into a squeeze at the key level of 15.85. I'm anticipating a resolution to the long side from the squeeze with the major trend. Immediate target @ 19.56 and LongTerm target of the 2015 highs @ 24.23
Impulsive move from bottom has now formed a corrective horizontal flag. Looking to buy the bottom of the corrective structure and hold for a measured move of the flag and the lows of the corrective structure that forms the all time highs. E: 187.00 SL: 180.97 TP: 227.45 Soft stop = Daily close below 186.00 NYSE stock also has same structure and clean vol.
This is a play on a continuation of the strong dollar breakout. Anticipating a "shallow" corrective pullback .382 pullback into a weekly level @ 111.36. This level formed a prebo structure on the impulsive move up from the lows and that level was already tested once. I'm anticipating the level to hold again this time. Likely order will be filled on NFP...
This is my strong US dollar breakout trade idea for LongTerm. Strong weekly RRL and MedTerm LSZ @ 1.085 as entry. Sl: 1.0963 TP1 1.052 TP2 1.00 Optimizer: .382 PullBack of monthly swing high to low. ShorTerm and MedTerm bias change bullish with daily close over 1.085 LongTerm LSZ is the top of the monthly range @ 1.146 Add to position with new daily low close @ 1.04
TSX:IFP A NICE ORDERLY CORRECTIVE STRUCTURE WITH CLEARLY DEFINED HORIZONTAL BO LINE @ 15.80. LOOKING TO BUY THE LOW OF THE STRUCTURE AND HOLD IT FOR A BO TO 17.90 WHICH IS A MEASURED MOVE OF BULL FLAG AND THE .618 RETRACEMENT FROM PEAK TO TROUGH OF 2015 - 2016 DECLINE E: 14.17 S: 13.06 TP:17.90
GBP HAS MADE AN IMPULSIVE NVT MOVE OFF OF THE LOW, FINDING RESISTANCE AT THE DAILY LEVEL 1.6605. THE CORRECTIVE STRUCTURE IS CLEAN AND HORIZONTAL GOING INTO THE END OF WEEK. IM ANTICIPATING A CORRECTIVE BREAK DOWN INTO A LOWER RRL. I'VE CHOSEN THIS ENTRY LEVEL BASED ON 1H PREBO STRUCTURE THAT FORMED @ 1.6297. THAT BO HAS NOT BEEN RETESTED YET. CONFLUENCE OF A...