In a supply zone on the 4hr chart, top of trendline, targeting .236 fib
outside of linear regression fan, in a sell block. target 1827.
Long AUDUSD, held the trendline beautifully. I am not convinced USD will continue up from Fridays NFP news
Hey guys, looking for USDJPY to retrace and correct a bit. Heavy short term buying always results in a little correction. Short down to about 133.65- 134.00. After PT hits ill go long and ride it back up to the top of the trendline on the hourly. Good luck fellow traders.
Price is currently around a main resistance point on the downward trendline. Deutsche Bank pumping the euro refusing to allow it below parity with the USD but unfortunately this is a synthetic pump to trap retail bulls. The euro collapsing is inevitable with their economy in turmoil. Defaults soon. The correction off parity is over in my opinion and ill be looking...
Breaching triple top on the 30 min, as well as a key resistance point. I don't believe it will hold, low buy volume bars, high sell volume bars and an overall downtrend. MACD is also about to cross for a sell, as well as divergence showing short. Be careful going long here in my opinion. Don't fight the trend.
This stock tends to make big moves in the early year months and down moves in the end year months. With a couple licenses and building completion expected in the near future, looking for a $0.25 price target within 6 months from today.
.618 fib was broken so the .50 fib gives a potential entry of .30 for a long position
Next level of support is 1.05. Will go long for a swing trade.