Be mindful of earnings on the 19th of August. Uptrend resistance breakout. There could be a short term pullback, but overall price is looking to establish a new uptrend corridor. Target price set at a new potential resistance line from February's high. - 5-month uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $475.83 Suggested...
Uptrend Support with an Ascending Triangle forming within an uptrend corridor. Target price set at the 4th confirmation of the resistance line. - 4-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $18.84 Suggested Stop Loss $18.28 Target price $21.04 Note that I tend to adjust stop losses in order to secure profits early and preserve...
Uptrend Support with a Bullish Pennant forming and price breakout. Target price set at a new potential resistance line. - 5-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $127.52 Suggested Stop Loss $124.15 Target price $146.29 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means...
Clear uptrend Support with a Bullish Rectangle formed within. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $266.78 Suggested Stop Loss $259.47 Target price $290.81 Note that I tend to adjust stop losses in order to secure profits early and preserve capital . This...
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Bullish pennant formed within. Short term swing trade that I would close before earnings on 6th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $449.5 Suggested Stop Loss $441.25 Target price $525
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Ascending Triangle formed. Short term swing trade that I would close before earnings on 5th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $117.68 Suggested Stop Loss $114.47 Target price $130
Clear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation. I would place a limit entry order to confirm the new support. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $238.65 Suggested Stop Loss $232.37 Target price $265
A double top pattern have developed on the EUR/JPY chart. Likely we will see a fall down,on the neckline level, and the RSI divergence confirm this theory. Target the trendline for take profit.
This is an unusual Analysis, but I see great potential in it. In my opinion, the events on the market repeat themselves, so I decided to do a short Trade here.
After a little break, im back with a brand new trade idea. Very nice Double Top pattern, then breakout from the neckline. First target is the height of the pattern. Second Target the next Support. The Crossing MA confirm the forecast.
Opening this Week on GBPUSD. Head&Shoulders pattern, great RR-ratio, and the crossing MA soon confirm the forecast. Target the next Support Line.
Short trade at AUDJPY. Great RR-ratio, Divergence confirm the forecast, target the next support level.
Excellent breakup of the resistance of this continuation Cup & Handle.
Omg, omg, omg. I like this chart. I don't know much about OmiseGO as I'm trading mostly charts and not names. Chart is having good looking rounded bottom here so it might be nice investment opportunity as well a trade that I'm setting up. I don't recommend investing in any Alt before doing some serious Fundamental Analysis on the coin you want to invest in....