still_waters

still_waters

Potential 3rd test up. AU has been trending since December 11th... so... I'm riding the wave to see how far it goes.

still_waters

Waiting for a third push up the the upper channel line, or better.

still_waters

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still_waters

I think they want to test last weeks low first, near 1.051. I'm short currently waiting to see what develops. Always open to holding for swings. I'm entered in early, but maybe dollar will pick up near London and start something downwards.

still_waters

It appears to be in a bull trend, and worth buying and holding for an extension.

still_waters

Potential beginning of a Bear Major Trend Reversal. Earlier Bull Trend began in August, the bears tested fairly strong below the exponential moving average (20) for the first leg down and break of the bull trend. After the bear test, the bulls retest back up creating a new swing high (wedge top- 3 pushes up.). This might be considered a 40% probability trade, but...

still_waters

Looking at higher time frames, Exxon (XOM) looks to be in a position to break upwards toward 104 area. It may take several weeks, but potentially, a nice addition to your portfolio. I recommend only using a buy stop order above the high of the last formed bull bar from this past EOW close.

still_waters

At market buy. Bulls showing strength in the candles. I want to see it retest the upper channel line (red dashed line) and see if it will break above. If so- keep holding.

still_waters

A bull channel has been formed with consecutive higher lows formed on the daily chart, so I would only look to be buying and holding for an upswing over the next month or two. AAPL buyers will look for a retest to near 134.40 (May Swing High).

still_waters

You can see the red line is where the 3rd leg down is likely to bounce, and where it would be a good place to buy, as BTC could rally to even higher price.

still_waters

I'm starting to look at stocks and ETFs more, and I figured I would start with something popular like FB. This is a scaled in short on the hourly. There is a wide swinging convergent pennant forming, and the bulls are nearing the resistance slope. It's likely there will be profit takers and bears waiting to sell near that area. Since this entry is early, it is not...

still_waters

Decent SHORT stop entry @ 0.74312. on 240 Chart, we've got a nice lower high formed, and we just need the low of the last good bear bar to be triggered for potential sellers to be filled and holding shorts. I've added a slightly modified version of the Chris Moody OHLC script to clearly see the highs and lows of the previous week, which act as potential major...

still_waters

Potential 2x measured move down to support

still_waters

Bullish Perspective

still_waters

I liked this strong bull daily bar. the high was broken on the following bar, and that to me is a triggered buy good enough to swing for 2x target profit.

still_waters

It just seem like it's going to go down. The basis: Consecutive bear bars. RSI has recently been oversold in the 20 level area. So, Why wouldn't they be inclinde to make another push down there to see who else may want to sell. GB is still trying to stabilize after BREXIT, and since then the majority of action has been selling off. The market has inertia- it...

still_waters

Bear Signal Bar and Overbought on RSI14 on 1H Chart. Read chart for detailed description of trade signal. Make sure to protect yourself with appropriate stop loss, and go for at least 2x take profit from your risk. As of yet, the low of the bear bar has not been triggered, so the trade is not a go until that entry is hit (wherever you put it exactly). Entry...

still_waters

Strong Bear Bar on 2H Chart... One problem though: It's low was never triggered. So I would consider this a scaled in short position, as opposed to a entry order position(triggered below the 2H bear bar). Nonetheless, I feel that bar was significant to the bears' selling pressure. Hopefully we get some more movement down. If the trade does go our way, we will...