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Hourly

Waiting for rally up on GBPUSD and retest of previous structureThe GBPUSD has been a in long term down trend. Here we have a descending wedge so probably the prive will want to bounce of the last level of the wedge which retests the resistance. However the structure outlined with blue line has a lot of potential selling power because it was recongnised by the market in the past. Because of the general downtrend bias the price will probably look for a structure to retrace to before going down.
Short
by Trading_Wulf
EURUSD LONG DEEPER LOOKDaily chart of the EU v DOLLAR Upside for the foreseeable future and i mean until we hover at around 1.260s as i talked about on the Monthly chart displaying the overall BIAS for EURUSD.. but we have to acknowledge this major resistance level that is in our way on the Daily, we may stumble reaching it if we do not close above the previous high by the close of tomorrows trading session it is likely we will follow a minor channel correction upon market open on Monday.. so a good short term sell real quick there as we will retrace to the 1.1080 level if we are unsuccessful at closing above the previous high. if we are considerably bullish starting the weekend then assess your positions moving forward long, i would place a purchase order for x lots @ 1.13600 with a SL of 1.11000 and a reminder @ 1.17000 to assess whether i increase/decrease my position size.
Long
by HektorMorgan
General Electric Buy [Go Long] Just take a look at the chart, we are in a good position to go Long on NYSE:GE General electric, if you look out for valid reasons - Below are few : 1) In 4hr chart, we have Double Bottom & RSI Bullish Divergence 2) In Hourly chart, its a Triple Bottom with RSI moving upwards 3) Check the Support area marked in Green, its along previous Resistance formed in 4hr We have attractive Risk:Reward also to go Long in GE. If you agree or have suggestions on above idea Like/Share & Leave your comments..
NYSE:GELong
by InsiderB