We are looking at a very interesting trade opportunity (such perfect chart patterns are hard to come by) in QSP. With their network launch just around the corner, quality development & all the right things on the chart, its a definite buy. Levels on the chart.
With Fundamental catalyst (twitter.com) and technical structure in place, we foresee a possible reversal in MFT. Buying zone, Stop and Targets are highlighted on the chart.
1.Price did come to important resistance level. 2.Price did break major trendline 3.Price did break short term trendline 4.Price create pulback to 61.8 - 78.6% fibo retracements , 3rd wawe of eliot start 5.Price close 2 times below the pivot, 2 red large candles. Possible targets half 38.2% and 50% fib levels . Good luck! :-)
EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 1 Overbought/oversold : none The priority area of transactions : buying Selling in the area of 1,1390 with a stop above 1,1460 and a profit in the area of 1,1290. The purchase in the area of 1,1290 with a stop below 1,1220 and a profit in area 1,1390. The purchase in the area of...
BINANCE:DASHBTC Price action and indicators showing this could be a good time to go short Entry Point: 0.02300 Target Point: 0.02284
After 5 days of consolidation above the weekly resistance now support . also a fake breakout yesterday and MA's still in the biased direction in the weekly daily and 4 hour. i favour a long position for 118 pips.
Buys from major demand zone that has been respected on numerous occasions.
I believe the local election would help to the goverment for next few days and Mr. Albayrak has announced they will show the economic programme in April. But i think that programme will suck cause the Turkey have more serious economical and political problems like unemployment rate is most highest rate before the 2008, the inequality of the Turkish citizens are...
price is beginning to gain bearish momentum . no rejection with daily close .. may gap up if it does or i start to see price break my reference areas on this chart will solidify shorts for me for a couple hundred pips potentially especially with GBP strength gaining as well
MKSI worked on a longer-term bottom formation that is completed and moving up with momentum at this time. The consolidations of the past two 1-day runs are very precise and horizontal. These candlestick patterns offered excellent low-risk entries. The stock has an all-time high around $128, so ample room to move up further. It has also completed a near perfect V...
EC trading in a zone, long term bullish bias, however, this zone has held before. Going for a short trade.