PATH looks to recover to 25-28 areaPATH and other growth stocks might benefit from a potential FED halt-buy long duration.
PATH is set to benefit from it as it is a revolutionary industry, RPA and the growth rate of its revenues is still above 20%, even though many companies from the industry lost in revenue growth steam.
Technically, it crossed 200MA and consolidated for a while with a potential to break above 20 into 25-28 area.
Gapclose
DAX - Long Chance around 14320The Dax is on the way to close the gap, where is also a nice support.
Trend is up, so here we can look for long with target 14360 and 14420.
spx run up at gap close may fail (spxl)if we dont break 133.33 confidently, and confirm 15 min reversal pattern with a lower low 131.85 this may signal overheated conditions in spx
should we keep the uptrend holding 130.69 and continuing higher i imagine we have a go at 135, although id still be wary of buying borader markets right now except for a quick flip
if we dont hold 130 and cant get back over 130.66 we will probably see 127.66 again soon
volatility comes in waves
the odds we close up at the highs are low but if we do theres a good long in it
$SPCE Virgin Galactic Holdings potential LONG Trade Setup$SPCE made a 90% retrace of it's last run.
Nice bullish divergence on the daily.
Something to watch though is the small gap at $ 17.30
Maybe wait for a confirmation daily close above the daily EMA 20 to enter.
If the gap somehow gets closed before we run, its a STRONG buy imo.
EURGBP Long??The long-term trend may be short but hear me out, on the 1H timeframe the price rejected the 50 EMA and is trying to break the 200EMA. On the 4H timeframe, we may have a gap close between the 200EMA and 50EMA if it succeeds in breaking it. What adds some confluence is that we have an area of interest (purple line) where the price bounced many times before. Enter this trade only if the price breakout, retest and form two bullish candlesticks. Good luck!!
EURAUD possible gap closeTrade this idea only if criteria is met. Price has broken the 200ema and pull backed. Now in case the price action breaks the channel upwards and two candle sticks closes above it, we could be looking for a trade long where the price will try to close the gap between 50EMA and 200EMA on the 1H timeframe. Take profit at 200EMA of 1h timeframe.
Trade wisely! Wait for the right setup.
USD/JPY 200EMA and 50EMA gap closeOn the daily timeframe the price action tried to break the 200EMA but instead it retested it and now it's going bearish. On the 4h timeframe the price action broke the 50 EMA and now we may have an opportunity to go short. Wait for confirmation when price action retest the 50EMA a gap close towards 200EMA will be happening. Go short around 104.977 and take profit approximately at 104.410 or where the price meet the 200EMA.
Don't just copy trade. Trading is risky! Good luck.
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free signal!
Type: Daytrade
Market Sell: 118,530
Stop-Loss: 119,165
Target 1: 118,000
Target 2: 117,235
Target 3: 116,655
Stop-Loss: 74 pips
Risk: 1-2%
Risk-Reward: 2,5
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Dax daily: 11 Jul 2019 Wednesday's session was interesting too. Dax first started to descend towards our support at 12 326. shortly before this level, bulls took control and the price shot aggressively up. After a prudent upside move, Dax dropped again slowed down significantly. The statistical probability of closing inside the previous day range was also fulfilled successfully. The price opens with an ascending gap today.
Important zones
Resistance: 12 500
Support: 12 378, 12 328
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
United Kingdom - a row of news streaming throughout the London session (ref eco calendar )
Today's session hypothesis
The initial price action of the session could offer the gap closure and finding some buyers. Should the price descend below yesterday's low and bulls appear around 12 328, then the breakout probability of yesterday's high is not on the table any more. Should bulls prove their strength right at 12 378, then the clear target lays in the form of an untested gap at 12 500. Beware of today's news from the UK and the CPI form the USA. Although this hardly has any effect, a big deviation could bring some volatility for Dax too.
Dax daily: 01 Jul 2019 Friday's session happened to be a very positive one for bull traders. As expected, Dax reached the 12 344 level, however, this didn't function as resistance at all. Buyers were strong enough to touch 12 397 and the session was closed near this level. Closing the week on a weekly high is certainly a good signal for buyers.
Important zones
Resistance: 12 601
Support: 12 391
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
This new week and month have started quite unusually for Dax. We hardly see an ascending gap sized 174 points. The statistical application also doesn't count with such extreme value, hence not giving any historical reading. Considering the gap of such size (probably caused by the G20 outcomes), it is normally very common that we see a directional continuation hence it is likely that today's session might see even higher levels. On Mondays, however, the moves are not so prudent with volatility being slower than usual.
Dax daily: 03 Jun 2019 The last session of May closed in red numbers when the price continued its drop in the descending gap direction, just as we anticipated. Those last few bearish days erased all the gains from the past two months and we are now in the territory where the price was at the beginning of April this year. This confirms the known theory that bulls walk up the stairs, while bears jump out the window.
Important zones
Resistance: 11 788
Support: 11 620
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap today is only 30%
Macroeconomic releases
09:15 – 10:00 CEST – Eurozone PMIs
Today’s session hypothesis
The first trading day of June started optimistic on Dax. Bulls are in a lead it appears they might have enough power to close the weekend gap. This one is sized 70 points and doesn’t close often. It is likely there is a weaker resistance level on Friday’s close, which could be a bounce point for further sells. Should the price descend below 11 620, it is likely we see further selling pressure.