


MonsterMoves
Strong trend line support on the EURCAD. Should see a rally to the .618 fib. level.
Update from the 1H chart. If we zoom out to the 1W chart, we can see that this move up could be even bigger yet. Waiting to see if price can close above resistance on the weekly chart. If you are watching the 1 Hour chart, price will probably retest the support that has just been broken. Could probably make a little bit on that pull back. I'd wait though.
Head and shoulder pattern on the GBPUSD daily chart. You could go long now and keep a nice tight stop or be a little more conservative and wait for a break above the neckline. 1.) pattern formation 2.) lowest price has been in over 20 years = strong support at this level. I don't think it gets much clearer than this.
EUR/GBP is sitting at support. I expect a retrace from the most recent leg move down.
Looking for a leg down next month. I'm getting in now. Fundamentally I believe KO is a little over valued.
Looks like a good time to go long on GBPUSD. Tight stop. Good Reward/Risk ratio.
I think CAT can make it back up to previous structure support within the next 2-3 months.
It's never a good idea to call a top or a bottom, but Tyson is running really hot. I'm looking for at least a slight pullback.
I am a fan of Alcoa. I would like to see this stock rally, but it would not surprise me if price pulls back next week. We'll wait and see.
- Looking at a longer term 1W chart here. Price has been ranging for the last 4 years. AT&T is approaching the top of it's range and historical resistance. The next major resistance level is at the 42.50 price level. - Waiting 2-4 weeks to see what happens. Watching if price can break this range or if it will roll over. I think price is going to roll over...
Providing these shorter term trend lines hold true. The NZD/USD will pull back to highlighted target area before rallying.
Looking for a target around 1.19 by mid July, if this pattern holds.
Hopefully price follows trend down to point C and then back up to trend line resistance, Point D. Fib retracement lines up nice with .382 level.