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SLF - Rising wedge breakdown Short, from current label to $36SLF seems breaking down from a rising wedge formation. Good moneyflow divergence. We think it will decline from current label & it can easily decline to $36 area. * Trade Criteria * Date first found- February 2, 2017 Pattern/Why- Rising wedge breakdown Entry Target Criteria- from current label or retest to resistance around $39. Exit Target Criteria- $36 Stop Loss Criteria- $40.13 (Note: Trade update is delayed here.)
NYSE:SLFShort
by AcornWealthCorp
EURJPY Selling Opportunities Preferred Below 122.02!Good evening traders. This pair is clearly in a downtrend. 122.02 marks key resistance to keep pressure on the downside. Only a sustained break above will begin to put pressure back to the upside. Until then, selling opportunities are preferred. The 121.6 figure marks key institutional resistance where sellers may be looking to add to shorts. A push up into the figure may be matched with swift selling. Short-term support is at the 120.76 low and a break below will expose further downside. Enojy!
Short
by UnknownUnicorn261897
USDJPY Selling Opportunities Preferred Below 116.05!Good evening traders. 116.05 marks the "line in the sand" on USDJPY. Only a sustained break above the figure will reduce selling interest and revive upside focus. Until then, selling opportunities are preferred. 115.07 marks the first key institutional resistance level where we may see selling pressure. A push into the figure may be matched with swift selling. Further downside see short-term support at 113.63. Enjoy!
Short
by UnknownUnicorn261897