30min
QQQ 30m long opportunity. QQQ is consolidating after it's plunge recently, and we see a higher low coupled with the test (and break) of the channel high. I believe traders will try to push price back to the supply zone in red. Yesterday's breakout was met with selling, pushing price back into range. This presents an opportunity for buy on the dip next time the upward blue trend line is tested. With the 50 VWMA bullishly crossing the 200 VWMA right beneath the trend line, I'll be looking for buying opportunities in between the trend line and the averages.
Long EUR/CAD - 30 min chartWe have a higher high, higher low. A retest was just done (blue arrows) putting a higher close on 2nd retest. I suspect this will go retest previous high. There is also a bullish engulfing candle after 2nd retest on the 30 min chart around upward trendline.
Take Profit: 40 Pips
Stop Loss: 40 Pips
[Short term] WTI : Enter short in a bearish momentumOil, and especially WTI, is inscribed inside a downside trend early March.
On short term (30 minutes graph), we can notice that the bearish movement isn't interrupted as long as prices remain below 48.41$.
Currently, the WTI is testing its previous top at 48.25$. A few elements provide the opportunity to unter short at this price level :
- Probable back of the downside trend because of the presence of a resistance
- RSI bearish divergence under construction
- The 200 periods Moving Average remains bearish, which highlights the fact that oil prices are still declining.
In this configuration, here is the strategy you can put into action :
- Sell short at the current price level : 48.2$
- Stop @ 48.35$
- Target @ 47.90$
Reward/Risk ratio : 2
$SHIP Shipping Sector Breakout Winner along with $DRYSShipping sector is about to go bonkers with the BDI moving north in addition to possible Exxon news. $DRYS being the obvious leader has been a good predictor of movement. Right now $DRYS is breaking out of its downward trend and $SHIP with the incredible news of getting rid of their debt vehicle yesterday is poised to be the one right behind $DRYS to make significant gains. Here are the current techs.
$ICLD Massive Breakout Confirmation on the 30MinWhat a freaking beast this has been!!! From .01 and she ain't stopping until $1.00 Just like all our other calls $OWCP, $IFAN, $BMXC, $NEWC, $ABHI, $USRM we've called in the past this one is going to be massive, it's on the same level as $OWCP in potential honestly. Riding the bollis breaking out the techs and dropping massive PRs on upcoming pipeline projects. In it to win it.