CADCHF - Bullish crab short and long setupBullish crab setup short and long - I can see a slight change in structure on CADCHF after price holding higher than the downsloping channel so i'm expecting more up soon but we are hitting resistance, On the hour there is more buying pressure but momentum is weakening so i think we will have a corrective pullback before another rally to break the top.
Momentum Indicator (MOM)
USDJPY - Looking for a big pullback USDJPY Looks interesting here on the daily we've just broke previous high but now stuck at resistance with momentum divergence for a move down will be watching on lower time frame for possible entry if we can't break resistance. Could see a possible pullback to around 110 - 108 whats also interesting is the false break of resistance im seeing on usdchf on the hr which has been dragged back down nicely if CHF goes sure JPY will follow.
HAPPY TRADING
$HIIQ pretty over extended, looking for short tomorrowHIIQ is pretty over extended, looking for the short tomorrow but if it breaks above yesterdays high then i'm getting out
Short AUD/USDBullish sentiment weakening. short the break of bullish trend line. TP is safe and modest right next to recent lows. Risk/Reward reasonable
Multiple approaches: 1) Short the break. 2) OR wait for consolidation of the new resistance after the break (safe) 3) short when 0.77071 (before or after breakout - high risk)
Take Profit: 0.75605
Stop Loss: 0.77339
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Risk reward: 1.9
BTCUSD 4 hour - selloffBTCUSD is technically still in an UPTREND but currently in a sell off. Look for support at the 50% fib retracement level @ 684.45 and below that at 78.6% fib level @ 649.78. Lots of divergence leading up to the sell off. Momentum is is drifting BEARISH but still BULLISH overall.
XAUUSD - Long Entry on Support/POCThis Zone is the strongest accumulation Zone also seen in the Volume Profile on the left, while holding the Support (green dots) it's quite safe to enter a short Term long here and wait for a good Entry on lower TF (2h- 4h).
There is one Resistance Point before the Target that would be 1294.64, so this could be TP1 and TP2 the final target at 1344.25.
Bullish Momentum is still there as seen in the 2nd panel, Bearish Momentum is just an Extreme and not out of norm yet, so we buying the dip here.
AVP - Long - Swing- Overall market is bearish
- Slight upper shadow
+ Breakout bar with above average volume
+ Bullish trend intensity
+ 5ema pierced through the body of the breakout bar
+ NR7 and NR3 combo on -2d, with descending volume throughout the last week
GST - Long - Swing- Bearish market
- Significant upper shadow
- Gap-up
- < $2
+ Broke-out with ultra high volume
+ Long lower shadow
+ Bullish Trend Intensity
Possibility of going long with the SLVif the stock breaks that bearish flag pattern, its could possibly go up. It bounced on the 200MA easily and that is a strong signal. We saw it multiple times in the past.
What I'm waiting fot :
- 10 and 20 MA crossover
- for the stock to break that bearish flag pattern
LPI will drop in the twelve dollars Their is a very strong resistance level and it seems like LPI can't get passed it. I mean the stock tried several times and it didn't work. Now, it's losing momentum and its going to go back in the area of twelve dollars, where i drew the up channel's trendline. What do you guys think ?
Buying at twelve dollars may be a good thing.
EMES - Long - Swing- Bearish market
- Earnings in less than 2 weeks
+ Broke out today with ultra high volume
+ Prices have been moving side way over the past few weeks with below average volume
+ Volume was significantly lower on -1d, leading to today's break-out, under NR7
+ Bullish Trend Intensity
+ 5ema piercing through today's break out bar
+ Slow ema providing support for today's bar
MIME - Long - Swing- Bearish overall market
- Significant upper shadow
- 5ema pierced into near bottom of breakout bar
- Prices were a bit choppy last week
+ Prices broke out approx. -3w with ultra high volume
+ Side way price movement with narrowing range and very low volume
+ Broke out bar supported by 5ema and high volume
+ Bullish Trend Intensity
+ MACD crossing upward
KORS - Long - Swing- Overall bearish market
- Trend Intensity just returned to neutral (from bearish)
- Slight upper shadow
- Wide ATR
- 5ema pierced towards the bottom of the bar
- Earnings in 2 weeks
+ 5ema cross upward
+ Broke out with very high volume
+ Closed near high
: Grab-n-go! If momentum continues and trigger entry tomorrow, will exit half position on +2d
ARRY - Long - Swing+ Broke out earlier this week on very high volume
+ Prices retraced back towards the rising 5ema
+ Broke-out again with but on very low volume
- upper shadow on Friday's bar
- the range of sideway move over the past few days were a bit too wide, subject to volatility (& chopped) even if successful break-out formed
- Target was beyond 2 yr high
REN - Long - Swing- Bearish market
- Trend has been on a run for months now
+ Broke out -2w with very high volume
+ Prices moved side way for the next 7 days
+ Followed by 2 consecutive break-out bars, 1 w/ high volume
+ Inside bar today, with a strong close, on lower volume
BPMC - Long - Swing- non break-out volume is on the low side
- overall bear market in the past few days w/ high volatility
- price range is a bit wider than ideal
+ broke out today under extreme high volume
+ support from both fast and slow ema
+ narrowing of bollinger band
+ 5ema pierced through the middle of the body
+ Consecutive NR3 of prior days
+ bullish trend intensity
+ MACD Crossover upward
+ sideway price movement over the past weeks
: Strategy - if triggered, exit half position on entry+1 day