Technically, the late April gap on the daily chart has been filled by the latest down move and there is strong support above 108 from the lows registered a few days earlier. By contrast, there is little resistance ahead of the 1.1050-1.1200 trading range in place before the latest fall, and any break above those levels would bring the recent highs around 1.1430...
Hammer Reversal on Daily, Most bullish Candle. Plus volume was a Plus.
Right Triangle Bearish, Direction (Down) Prediction Range: 278.97 - 284.56 Prediction Period: 5/17/17 to 6/10/17
Head and Shoulders Pattern. Clear as Day!
$GS: Triangle Formation: Direction up! Price range $230.36 - $237.75 Prediction Period 5/2/17 1:30pm - 5/20/17 3:30pm (18days)
Predicted price range: 232.26 - 243.01 Prediction Period: 4/24/17 9:30 am - 5/23/17 9:30 pm. Trade expires in 23 days!!!!!
Watching! Flag: Direction: Up! Prediction range: 0.75405 to 0.75743 Prediction Period: 4/19/2017 8:30 am to 4/23/2017 6:00 pm. Easy Profits
The MACD-LT, an intermediate-term trend indicator, is bearish at this time. DIA's chart formation is showing signs of reversing its recent trend. If the stock closes below $203.31 a change in trend will be confirmed. Upside momentum, as measured by the 9-day RSI indicator, remains positive.
Pattern: Channel Dow, which is a Bullish pattern. Need to break $111.00
1. Inverse Head & Shoulder 2. Ichimoku confirming a move up in the near future. Noted on chart! 3. DMI - +DMI is above -DMI, direction is up. ADX is 20.1793
The EUR/USD has opened this week’s trading just under monthly highs found at 1.0774. Technically this point remains significant as the EUR/USD is again trending higher in the short term. If the pair successfully rallies above this point, traders may then look for a bullish breakout to carry the EUR/USD towards 1.0829 and then 1.0854. A move above 1.0854 would...
MONEYFLOW -9 Extreme bearish 1 day moneyflow by 1:55 pm ET (15-20 min delayed), occurs 10% of the time. Bearish at resistance
Flat price area, both long and short entries have high trade quality
The technical condition of the AAPL is strong. The chart pattern suggests that upward momentum should continue and the stock is positioned for higher prices. Any pullback is buying opportunity!
Possible correction on the horizon. Extremely Overbought
The pin bar formation is a price action reversal pattern that shows that a certain level or price point in the market was rejected. Once familiarized with the pin bar formation, it is apparent from looking at any price chart just how profitable this pattern can be. Let’s go over exactly what a pin bar formation is and how you can take advantage of the pin bar...