Protect to BE when posible. Manage your risk appropriately.
R1 and R2. Bearish due to break of treandline since 25Jan + Bearish divergence. Buy zone, green box ranging from 46k to 40k
CUP and HANDLE formation + engulfing candle. Target price, 5,5usd.
BEARISH on PLTR. REASONS: -Bearish divergence -Fib retracement
Stock presents a bullish technical scenario. REASONS -breaking the bearish downtrend maintained since March 2018. -Bullish divergence -Inverted Head & Shoulders on smaller TF We could see the price heading to close the GAP in the 58's region.
Eyes on crude. If crude falls, this trade is unlikely to develop
EURCHF bearish Wolfe Wave. TP1 TP2 marked on graph.
Bearish wolfe wave formation in 4H. Eyes on dollar index. Rise in dollar index will allow this trade to develop succesfully.
Resistance Zones: EMA50 4H TP: Marked on charts as yellow triangles.
USDCHF FIB 61% ZONE + SMA200 ACTING AS A SUPPORT + BULLISH DIVERGENCE ON MACD.
If price manages to close and consolidate below red rectangle: -TARGET 1: 1692 -TARGET 2: 1579
If resistance market by red rectangle is broken. Bullish trend expected.
Justification of long CHFJPY position: -Price ranging in the lower area of the linear regression channel. -Momentum indicator just about to cross on the positive side. -Price just crossed 14EMA and if you added 3 more EMAS (4,18,40), we would see a formation described as "ema's death cross" starting to take place, where 18 an 40 range parallel and 4 sharply...