we are currently hitting on the support of downtrend line. Great RR on this one. Test your luck~
UJ short term bottomed, as long as weekly candle closes above 109.6, then we are good for the next couple weeks
Trust me, Vegan is no good. This Beyond Meat will definitely ride to the top for a while. BUT!!! We need meat~!!! Actual Meat!! Expecting this BYND to long for a while and then drop below it's journey's starting point. We love meat, and we love to beat the meat and eat the meat~!!
Everything shows on the chart, great RR Entry 269.5 TP 320 SL 255
Everyone is seeing the potential short opportunity there. So the big boys will definitely do a SL hunt before the drop. No technical applies, just pure visual. GL all Set a Sell Order @ 1.0115
Haven't touched stocks or ETFs for a while and now I decide to get back to my favorable Gold stock analysis. We can easily spot that flag on 4H or Daily chart of GDX, normally with previous bullish price action, gold has slightly more chances on breaking the top side of the triangle. But!! When I zoomed out to weekly, it tells me a different story. GDX was...
Nothing informative, just got bored and draw some lines on NZDUSD. Somehow managed to put an exact length AB=CD on the chart (Ctrl C+V), and the D falls right at March, 2019 low. This is nothing but a bald guess, hope it'll reach there in the next 5-6 years :D:D:D
This pair has huge potentials on heading down. Previous high on Mid-march 2018 doesn't impressed that many traders, and it's been forming a weird H&S pattern. I may set a sell order at 1.51. expecting to hold for a while with positive swap income as well. Sell Order: 1.51 TP 1: 1.4963 TP2: 1.4808 TP3: 1.455 SL: 1.5137
Everything showing in the chart. And this is just a potential trend Idea. By far DXY still have 0 intention on a hard retrace, if it wants to go down, it should be done many times before. I still have more bullish bias for DXY, wish to see it goes higher.
Clearly NFP and bad earning data didn't boost EU back above to 1.125. I decide to take this risk and short this pair at so called the bottom. Indications: 1. Hourly candle shows a inside bar that may favors the bear. 2. Hourly candle bounced off EMA 230, which I used a lot. 3. 4H candle bounced of the bottom of the Ichimoku Cloud
With dovish FOMC tone being announced, EU spiked up to 1.145ish, which is about 50% fib level. Overall the tone is still bearish for euro, and we are expecting a mid-term trade to close the gap at 1.08 level. Still, weekly shows a bullish divergence on RSI, but the long term trend is still bearish.
This is a short term expectation, expecting price heading back to 1.1280ish Overall big picture still bear.
Stay neutral at this moment. For some reason, the price action is jumping up n downs with bounces off my EMA, so if it stays like this, I'd short on USDJPY based on the latest bounce. Wait for more confirmation since the candle still shows bullish power.
RSI shows double bullish divergence, could be a great opportunity for traders to enter long position. My strategy with RR ratio is 1:2.2, worth a try Entry: 1.1250 SL: 1.1238 TP: 1.1286
Entry: 159.107 TP: 158.80 SL: 159.22 RR ratio: 1:3, worth a try.
Expecting oil to fall in the next few weeks. If u are doing long term trade, I suggest you to get in with small position with SL around $62 We are still on a retracing trip, and its a long journey. The bearish potential is still there plus the president said oil was still expensive :D So, for those who doesn't want to drive Prius like me, it's a good time to...
Scalp, expecting double bottom to be formed before its going up. Entry, TP and SL are all marked on chart
UJ Massive sell off on Friday, but mini term AB=CD has finished and had a bounce in lower timeframe. Expecting price to hit previous resistant around 110.30.