KORS-160411-CCI/VSA-G1D-SHORTNYSE:KORS present the next symptoms:
is reacting to the 38.2 support line
a "slow" volume weighted CCI have space for too much bear trend
KORS presents a big resistance around the 58/60 level.
The price and volume present a big divergence.
i think in the other analysed scenes and the general ambient and meaby can react to form an head and shoulders or another slow bear formation.
X-volume
GD-160411-CCI-VSA-G1W-POKER_FACEAn speculative idea of NYSE:GD We can see how the volume have a big drop down starting the week, meaby can be a hammer at weekly end, or continue the drop. The RSI (price) have space for a big down and the VSA_CCI is recuperating or simply will be down a "little". The Heikin Ashi of the volume weighted price is forming a descending wedge and is easy the route to the 0.328 of fibo.
Target 1: 115
Short for few weeks
“stocks do not rise in price unless demand exceeds supply. Demand is measured in volume and thus volume must precede price.”
Joe Granville
$SQ Cup&Handle Breakout FIb ret. and continuation of trendSquare's trend has changed, if you don't belive me take a look at this chart! Following an unsuccessful IPO (Can't think of any successful one in today's market enviroment) it bottomed out at $8.05 and volume dried up, subsequently it started gaining momentum volume picked up and reached a level of 12.64 forming what looks to be a cup, then the handle came along at a theoretically perfect retracement level 38.20% in Fib terms. The breakout pushed the stock beyond the high of the left side of the cup, and volume is continuing to increase signaling fresh buyers. Adding to all Mizhuo initiated coverga eof the stock issuing a BUY rate with a target of 16$ (www.marketbeat.com)
Possible H&S forming on the ETHXBT chart !Hi Guys,
Guess what.... Maddie is back!
Because some of you found my chart's ugly i've made a new layout, with a little touch of pink :) hope you'll like it! Im no't gonna make a very long description on explaining patterns etc so, if this head and shoulder pattern breaks it's neckline for more than 1,5 days, than you should take a look @ my price prediction. Everything you need is in the chart, but if you still have any questions, feel free to ask them of course!
Have a great day,
Maddie
Buy ABCDE completionHi Traders,
Last Week I posted Short in EURUSD Gartley Pattern, Now in lower Timeframe before they making A Gartley pattern, I see an Opportunity to go Long with TP at Gartley D Leg.
The Volume Show more demand in Wave A and C, So i'm taking the risk to Go Long in Wave E.
So i will Buy this EURUSD pair at the Breakout of D retracement.
Good Luck and Trade Wisely
Short CADJPYHi Traders,
Volume shows lesser people attracted in upmove (less demand). so i see the upmove just as an retracement.
Bat Pattern will formed soon.
Elliot ABC retracement is ended soon.
Stoch divergent
More than a reason to short this pair. and i will short this pair just like i planned
Good Luck
Why I am long usdJpyI am long UsdJpy - at 1.1190, since yesterday - I will explain why
It is clear now on the daily chart that the previous lows have been rejected
We see large volume on the initial lows and less volume on another push down towards these lows
This indicates that the market is exhausted bearish, and will turn bullish
We see that in the oscilator indicators - there is bullish divergence
My SL is below previous lows and my first TP is at 38.2% fibonacci retracement of move down
this level has not been reached yet - but - in my opinion - will be broken
There should be some retracement off 38.2% daily fib (maybe back to 23.6%)
I will take out half of my profit at 38.2%, and let the rest ride to 61.8% fib retracement
which is a natural retracement and TP target
HKDEUR descending triangleA nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong.
The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market will start in a downtrend and move towards the support line.
If there is another move towards the support line I expect a break and will go short. (I am currently testing profit-taking at previous structural forms.)
USDOLLAR TARGETING 98.9 on USDx (12200 USDOLLAR)Index currently coming off point of control at 12100. Next key PoC is 12200. Bear this in mind when trading USD pairs. Could be an indication of risk on sentiment returning, however divergence between the index and safe havens (JPY and CHF) could lead to strong indication that risk off sentiment is still applicable.