This is a counter trend but here is why we are selling. Trend: W1: Down D1: Down H4: Up Moving Average: Within the Daily MA H4 pointing downwards Pattern: Deep Crab on m30 Strong resistance at 0.6600 to 0.6610 H1 has a double top and divergence.
This is a counter trend but here is why we are selling. Trend: W1: Up D1: Up H4: Flat Moving Average: Above the Daily MA H4 pointing downwards Pattern: Shark on Daily Strong resistance at 151.50 Double top on Daily and lots of divergence
The month of February saw an incredible bull run up to 5110. The high was created on the 29th of February and as of March 1st, the high has not been broken. There is bearish divergence on D1 and H4. The upward channel is at the risk of being broken after 2 months. We have taken a short position at 5104 with a stop loss at 5150 and a reward of 4750. Good luck!
Here is why we are selling. Trend: W1: Down D1: Down H4: Up but it is overbought Moving Average: Within Daily MA H4 pointing upwards Pattern: Bat on M30 Strong resistance at 1.0705 35 pip stop loss. 100 pip target Lot of divergence on M15
We are taking a short position on AEP before it's results. 1) There is a nice deep crab pattern on H4 2) The H4 is overbought 3) There is a double top 4) Divergence is present This is a purely technical view and we expect the news to be bearish for AEP. Stop loss above 84.50 Target 73.
With H4 Moving Average and Daily There is a crab pattern on H1 There is another pattern on M15, and it is at the HOP M15, M30, and H1 are overbought with multiple tops and divergence Stop loss is above 1.760 The first target is 1.75
Moving Average: With the Daily MA With the H4 pointing upwards Pattern: Deep Crab Pattern Strong Support at 0.5410- 0.5425 25 pip stop loss. 40 pip target The only danger is there is a DT on H4 with divergence.
H4 moving average: Against the trend Daily moving Average: With the trend Deep crab pattern on H1 Previous days high with a lot of resistance Quick trade if it doesn't work in 10 hours take either the loss or profit Stop loss at 0.6225
Pattern on Daily, H4 and smaller pattern on M15 and M30 Triple top on H4 with divergence A lot of resistance at this level Stop loss above 40.5 The first target is 33 Stock should weaken in the next week so should be a good trade to short
Moving Average: Against Daily MA H4 pointing upwards Pattern: AB=CD pattern Strong resistance at 0.5430- 0.5440 30 pip stop loss. 70 pip target This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation
H4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence
-M15 oversold - Bat Pattern on M15 -With the H4 and D1 trend - Stop loss at 1.6470 - Target 1 at 1.66 - Quick in and out trade
A similar trade to the EURUSD from last week. H4: Pointing Downwards D1: Down Moving Average: With Daily MA H4 pointing downwards Pattern: Deep Crab on M30 Strong resistance at 0.6125 30 pip stop loss. 70 pip target
With H4 and Daily trend There is a pattern on M30 There is a double top with a divergence Stop loss is above 0.53 The target is 0.5245 Quick trade as risk to reward is not that much
This trade is the start of a fall for SPX. There is a pattern on H4 and multiple signals for us to sell this trade as it is Non-Farm payroll tonight, and I believe it will be the start of an economic crash based on the data and the analysis of the technical side. Stop loss should be above 5020, and the target of 4840
Trend: H4: Pointing Downwards D1: Down Moving Average: With Daily MA Above H4 MA but H4 pointing downwards Pattern: Bat on M30 Strong resistance at 1.0905 33 pip stop loss.
Trend: H4: Down (Not with the rules but there are lots of patterns to take this) D1: Down Moving Average: Opposing Daily MA Opposing H4 MA Pattern: Butterfly on M30 Bat pattern on H1 A few more patterns as well Strong support at 1.0680 and 1.0700 33 pip stop loss.
Trend: H4: Up (Not with the rules but other NZD is looking weak so taking the trade) D1: Down Moving Average: With Daily MA Opposing H4 MA Pattern: Butterfly on M30 Strong resistance at 0.6170 33 pip stop loss.