mshamjad

mshamjad

Expect to see falling from here.. Targets on the chart

mshamjad

Bears going crazy two weeks ago, then bulls going crazy last week.. We meet again at the cross road of multiple confluence point.. 1. We are at the 61% fib level from the drop 2. We are ON the Upper channel from 2016 . 3.We are retesting the broken uptrend line . 4.MACD and RSI is turning on weekly . The Risk Reward is very high for the Sell side. I will...

mshamjad

nothing changed on my view on dax.. came back from a major support, and we never tested the broken trendline. Next week.. I will be looking to sell around 12750 , then 12950 if it gets there. Alternatively if we break the red line, I will take a sell..

mshamjad Updated 

If you saw this chart on any other stock, what would you do ? Exactly. Sold at 168 today, Stop Loss 185 . Target 133 . Also tonight earning makes it a big night . Lets see..

mshamjad Updated 

#GBPUSD had a good run last few weeks. With Brexit looming and USD been so week, it enjoyed the uptrend. On the daily chart, uptrend now broke. Sell above 1.40 , with target of 1.3750 .

mshamjad

After blockbaster Friday, we do expect #DOW to pull back . Best will be if it pulled back to the broken uptrend line around 25900 . Retest and failure of that will confirm this down move. Sell at 15900 , SL 26350 , Target Open

mshamjad

$DOW sell. Expecting to break the uptrend line.. down to 23500

mshamjad

#dax is showing head and shoulder pattern on the 4 hour chart. breaking of neckline which is around 12850 area, will give us around 750 points to 12150 . However long term uptrend line is coming on 12450 which can be a massive support. Breaking of that will confirm turning point and acceleration to the down side.

mshamjad Updated 

#dax sell if we break this blue line - sell on the retest

mshamjad

Neutral at the moment, watching if the H&S will play out. Will be cool 500 pips if does.

mshamjad

#DOW sold at 22335 - 1st target the blue trend around 22000, Second target is second blue line.

mshamjad

Looking at the weekly chart.. we have now retraced to 61.8% from the bottom. I would go short once the uptrend on weekly/daily chart breaks. Stops would be above that 61.8% . Target 50% fib

mshamjad

Breaking out of a neckline of a major Inverse head and shoulder pattern. BUY..

mshamjad

Short at the break of the bottom channel.

mshamjad

Boeing had the most impressive run up to 245 , where we have now formed a PIN Bar. Next day price fell, giving us a sell signal. First target is 211, then 190 , then 175.

mshamjad

On the Daily and weekly chart , a head and shoulder pattern is emerging. Break of the neckline has the potential to send this down 300 to 350 pips.Short at the break of the trendline.

mshamjad

$US30 Sell at 21895 - Stop 22100 - TP 21400

mshamjad

Since 2009, everytime price touched this red line,price fell. Price might go upto 21700 .. enter short once we see a confirmation. Stops above 21800.