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Higherhighs

Facebook Inc FB Head & Shoulders Cypher HH and HLFacebook for weeks now has been creating higher highs and higher lows in the strong uptrend. Being bullish on this stock we would look to get in with the bulls. Lets look at the daily time frame. Here we see a beautiful head and shoulders formation. Once it hits the neckline Price would reach around $98. Adding confluence there is also a bullish cypher formation which may possible form. Buying at the price range $92 - $97 would be a wonderful spot to get in on the trend.
NASDAQ:META
by Jnwsk
1
LOWER VOL, VOLU AND LOWS. HIGHER CORRS AND HIGHS (GOOG BUY @711)Google C-Class shares i am bullish over the 6-12m, hence I am buying any 5-10% pull backs from highs. Goog has been moving sideways but i think it has just started a cycle higher, in which it is about to make a higher low at 715 before moving up again to 750+ 715-750 is a 5% move hence i am interesting in buying at this price with reward skewed something 1.5:1 with risk. Coming into earnings, Goog has to make at least one bull run to highs at 770 and i believe this will be the set up for the run for several reasons: 1. since april earnings lows at 687 goog has moved in an upward trend of 688-722-700-736, the next cycle i approximate to be down to 710-3 (volume traded price) then up to 750+ (previous support turned resistance). Also the Linear regression for the on graph prices is $723, so prices below this are below this cycles average - encouraging mean reversion upwards. 2. Goog volatility correlation is in its negative cycle - the last bull cycle to 768 began with a turn from positive to negative price-volatility correlation change. - Plus goog's volatility is at yearly lows. Low vols is something that imo is vital for any sustained bull run, as logically, more people want to own a stock that has a greater "normalised" return and risk profile. 3. Volume average divergence - google volume is trading below its 6 month average, lower volume characterises goog's bull runs typically. Since it signifies there are fewer structural sellers that are prepared to sell the stock, thus volume drops and the price is bid up until sell side liquidity is increased sufficiently to meet an equilibrium price. 4. *please see last 3 price bars* - these bars have been highlighted as having a "topside range skew". What is inferred by this is that the candle has more activity at the higher prices e.g. the candle traded at its highs and open more than its close and low - thus this is a bullish signal as the open high and close data stayed in the upper percentiles of the candle. - Even the first candle in question (the first bear candle), opened and closed at apprx the median price.. this is unusual. the first bear candle after a strong bullish run, usually shows heavy open-close downside skew e.g. the price opens and then closes close to the lows (rather than in the middle of prices traded) - indicating that time period closed with the price being driven/held at the lowest possibility. If we were to see the opposite e.g. the candles closing on the lows, this would be bearish and indicate the price is wanting to push lower, since there was no difference between the low and close. Fundamentally i am also long google anyway, hence why i liike buying 5-10% pull backs.
NASDAQ:GOOGLong
by QuantumLogicTrading
EURUSDFX:EURUSD Price seem rejected from the ascending channel resistance and initial support would be the Monthly RES @ 1.1350 with a 61.8% Fib Level , it gives an extra confidence for the uptrend bias. Meanwhile price also maintained above a rising TL (black color) & price will be having the 3rd touch on it with either a break/bounce we're ready for action. Currently still recommend to trade with the uptrending directional bias so I would be looking to buy if any Price Action(PA) Signal appear to Long around the KEY ZONE - 1.1350 If & only if price, price manage to break below the rising TL (black color) then I shall ignore the buy at 1.1350 area and look to further setup. As Shooting Star PA occur at the channel resistance, this will push the price back into the channel once more or further decline into the channel bottom. Trade Well with own market analysis preference and risk management tolerance. Happy Trading!
Long
by ITraderAnalysis
[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCEFX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision Candle. Trading Details: Time Frame: 12hr Entry: Below the low of the indecision candle (Pin Bar) Stop loss: A few pips above the high of the Indecision Candle Risk/Reward: 2:1 Account Risk: 2%
Short
by daldertg
NZDUSD Long A longer term outlook on this pair. It has posted higher highs and higher lows over the course of the last half year. Last month and this month it seems to be breaking out of its ranging behavior from earlier this year and looking to make moves upwards again. On the Daily we see seller rejection with the long wicks and an indecision candle forming, the channel bounce supports further up movement from here in that it's likely to follow it up since it bounced twice before. Furthermore the 3 touches down support for a possible channel break (let's see here). I'll enter on the 12 hour chart when price makes a clear higher high, it's then likely to make a new higher high near the next Support and Resistance area from June 2015 at the 0.7 price zone and perhaps even further. Comments or idea's, please do let me know below. Thanks for reading!
Long
by Cenotaph
1