Multiple downgrades on same day (1/10). Possible bounce. www.marketbeat.com Trade Entry Options are only monthly with SIX. No optimal options strategy. Day trade or swing trade shares. Hold week or less. Will do my best to update if alert hits. Chart Details SIX created large gap on downgrades. Looking to hit previous support around $33.29. May go...
looks bear but idk -fibs -price action -ll &hh -shoulder entry --
AUD/NZD is forming a bearish gartley pattern on the M15 chart. I am looking for the pattern to be confirmed at the D-point and looking for signals to go short around this area. The higher time frame context shows decent S/R levels around this area. Risk to reward (when entering around the D-point): 1:2 TP1: 1.07429 TP2: 1.07109 S/L: 1.08302
SIX was a successful short trade quite a few times. And again it seems ready for another decline. It is running within a long-term rising wedge formation, and when it hits its top resistance, money flow has gone to zero with huge divergence. It has good insider selling as well as good short flow. We think it has good downside potential. Along with stock we would...
Hi, traders! Swiss Market Index* INDEX:SSMI formed the bullish wave and appears to be ready for take off to point 6. This potential move is being supported by RSI divergence as well as significant volume at point 5 (unfortunately not available here, but I can see it in my terminal). It is also worth noting that internal structure of the wave is being enhanced...
SIX is one of the older alerts. It is going down & now approaching a key support areal around $57. We think it has good downside potential if it can break down.
SIX is forming upward neckline H&S formation. Still like this a lot as short, and we think it can decline all the way down to $42 For a entry we are looking for a break of $56.57 & we would consider $55 Puts, last traded for $1.85 * Trade Criteria * Date first found- March 23, 2017 Pattern/Why- H&S formation in weekly frame Entry Target Criteria- Break of...
SIX seems forming a head & shoulder pattern. And now rolling over beautifully. The H&S pattern has potential to decline all the way down to $42. To play this we would consider $55 Jun Puts, currently $1.48 or $60 Jun puts for $3.69 Please check back for Trade updates. (Note: Trade update is little delayed here.)
Hello, folks! After monitoring the whole situation since 9 hours, it seems like Mondays are blessed days! EU shorts are forming right now and there is plenty of room for everyone to GO SHORT! Yes, EURUSD is going short for the next 200 pips! Updates will follow! prntscr.com
SIX getting weaker after touching its resistance level near top of the upward channel. We think it will reverse from here & it would decline breaking the channel formation. We think it will decline to $49 area. For trade we would consider $60 March-17 Puts @ $5.60 You can check our detailed analysis on SIX in the trading room/ Executive summary link...