double top setup on resistance, weekly broken uptrend retest. short after a bearish engulfing close, h4 ...1:2
$AN AutoNation looking oversold on the weekly chart bouncing off long term support around $39 this week. Expecting further recovery in the medium term. Targeting $48-$50 area by January.
NAS100: Nasdaq 100 Index - An Important Week Ahead Nasdaq never made it to 7518, failing badly at 7495 and then breaking the first support at 7479 and then falling another 100 points to 7380 before bear closing in the last couple of hours on Friday took the index back to the 7414 line and a newly forming dynamic resistance line just above price now. It should...
GE Will 2018 be the year GE starts to get better? Who can say and who can be believed anyway? The chart. It walks while CEO's talk. GE has pretty much turned dead since the traumas of the Fall. It's been moving in a very controilled trader-friendly way with 4 perfect hits on the 18.04 line and three on the 17.59 line before it gave way, falling to new low at...
I am long AN $38.00 puts that expire ten days after the next earnings and revenue release. I expect the numbers to be poor, and I expect that the stock will sell off even more after this release. However, I got a message asking if I thought the market will go lower from here. Likely, not until the release. But, I will take if if it does go lower.
BITCOIN BTCUSD: Update Although it's just hit the next upside target at 1947, exceeding it with an intra-day high at 1955, there is still more to come. Price action over the last week (which we were a part of on the short side at the time, see comments) has shown that Bears don't really stand a chance here. We really had a go last week - and all we succeeded in...
Trendline, Fibo 61.8%, HS
Entered short on AN @ 1.07340 Very tight 30 pip SL just above previous highs in resistance zone RSI and MACD4C Div
AN break looks to be making a pullback 1) RSI divergence 2) MACD4C divergence 3) 10 MA crossover 4) Structure breakout SL @ 50 pips TP1 @ 90 pips TP2 @ 150 pips
After long consolidation , we have long setup. Best RR 1:6 trade
Long set up waiting to be confirmed here. Its a good trade to take as we can place our Stop Loss just below the support. I will enter the trade when the downward channel is broken. 1. MACD4C Divergence 2. RSI Divergence 3. Stoch Oversold
TCT Trade With Bat pattern As An Entry Reason
Audusd Short cyhper, 1 to 1 risk to reward just an idea