trisperon

trisperon

A bullish divergence is forming with a confluence with price bouncing inside a parallel channel. The elliott oscillator should turn green with minimal time lag between its value going above 0 and price breaking out of the channel. For now i'll stand aside and watch for possible confirmation.

trisperon

Chances are an ascending triangle is about to form on AIG's chart. I'm long now to minimize possible losses from a false breakout.

trisperon

even though a symmetrical triangle always carries a 50% percent of price breaking out to the south or 50% to the north, the first candle emerged to be a bullish one. Boeing has many room to the upside so I entered a long with a R/R close to 1 and eventually will trail my stop if this stock will keep showing signs of appreciation.

trisperon

I'm considering placing a buy order a few points above current weekly candle. Given the outcomes of covid19 turning positive (mainly for China) I retain the possibility of Alibaba (aliexpress included) to be one of the first industrial giants to regain pace on the asian side. If price will break out from current trendline, I think an advance to 250 could be in the...

trisperon

Price on daily chart has been bearish since a turn in trend around january 2018 moving inside a channel to the downside. An ascending triangle formation and a rise of RSI above 50 could mean an advance towards the midline of the regression channel. I entered a long trade @ 3.90., current SL right below 100HMA @ 3.17 First target: 4.5 - SL will be moved to...

trisperon Updated 

A descending triangle is forming and price looks heading toward the 61.8 fibonacci level crossing with a 0.75 fibonacci ray showing a possible downward continuation of price. I'm short with a 1.0 RR ratio.

trisperon Updated 

A confluence of the 0.75 fibonacci leg and two previous resistances dating back to 2017 now can become the new support levels for SNAP. A worse than estimated earnings report could push an already halting uptrend. I'm short with 1:2 R/R ratio with SL @ 19.20 TP @ 16.50

trisperon

After breaking a longterm trendline and surpassing first 61.8 fibonacci level, price is likely to advance to the 0.3000 area.

trisperon

An ascending triangle formation and an approaching confluence with the triangle's upper line and the 50.0% fibonacci leg might give an opportunity for an already bullish momentum to continue pushing price higher until the 61.8%. The next earnings report should be the main driving force to reach new all-time highs and therefore breaking an almost 2 year old...

trisperon

While the very last candle is clearly not showing right now a reversal pattern. Past price action seems to respect a channel movement with a possible formation of a H&S pattern. Let's wait for a month or two. Investment style positions are welcome at the dotted line, all Take Profits equal or greater the actual channel's lower line represent an optimal and low risk trade.

trisperon

SPWR price shows a willingness to retest supply zone and therefore possibly encourage bulls to push price into the 9.45-11 momentum zone. Limit orders are favored above 9.45. with tight SL for a good RR ratio.

trisperon Updated 

Correction and rebound from fibonacci level is showing a possible correction downward.

trisperon Updated 

Price seems to go into a correction from previous demand area. Next possible are to test is 1.70.

trisperon Updated 

A newly formed descending triangle just formed. In my opinion this is a good entry point for a short trade.

trisperon Updated 

The audbgn pair may indicate the end of a downward trend, which may move price to 0.75 fibonacci level. Technically RSI and price action are showing a bullish divergence which inreases probabilities of an impending bullish run.

trisperon

A long term divergence on the RSI may indicate a downward correction.

trisperon

A bearish divergence is forming on AUDJPY, this however can be a false signal giving an opportunity for price to breakout and thus neutralizing the signal meaning an evolution into a ranging market or a complete trend reversal.

trisperon

In my opinion a good short with tight stops with trailing feature can give a good probability of a profitable trade.