HD stock make a pullback on an uptrend toward 20 MA - Price respect 20 MA and bounce - A bullish candle confirmation - Price also retest last resistance that became support at $211 -TP $220 -SL $209.5 (This price target are used for HD option swing trade )
1. Stock makes a double bottom pattern 2. Price respect 20 MA on 4 hours time frame 3. Price also break a previous resistance at 365 Profit target: 385 Stop loss: 363
1. SHOP is on a strong uptrend 2. Price has retracement and bouncing of 20 MA 3. Price makes a higher high in a lower timeframe Profit target: 335 Stop loss: 288.5
A market pull back on EUR/NZD Market form a double bottom by having two bullish candlesticks 1:1 risk reward ratio on this trade SL should be at least a 1.6350 or below TP at the last high 1.6650
The market breaks out on daily candlestick from the previous resistance and forms a new support around 1.79 area. Bought this pair when the market pulls back to 1.7940 area and have a bullish candlestick confirmation. The prices I entry was at 1.7960 with a profit target at 1.8330 and SL at 1.7895
GBP/AUD are bouncing strongly of the weekly trend line. The price itself is trending a little bit higher on a weekly basis. This is a trade with pure price action and simple trend line, no other indicator is used in this analysis. This is an aggressive trade if you wanted to follow. Entry price varies from your trading timeframe. But I'll suggest the SL should be...
EUR/NZD had been in an uptrend for awhile. On the top of 4hrs chart, the trend had some pull back to the last resistance which makes a new support around 1.6400 area. A pair had confirmed a 1.6400 new support area and continue back on an upside. Potential target for this trade is on 1.6800 below the last pin point on May 9 daily candlestick. If this trade didn't...
So this pair had been on an uptrend channel base on a daily candlestick. There is a clear higher high and higher low on this chart. When there was a pull back from the second high toward a lower trend line I had waited for this trade setup. The price came down to test the trend line and confirmed a continued uptrend channel with two bullish candlesticks. So this...