TradeAnatomy

TradeAnatomy

It's been an impressive 2 days for $WMT. Now we'll see if it decides to fill the gap or consolidate above it.

TradeAnatomy

For the first time since its IPO, SNAP looks like it could continue higher after holding the main trend line on 8/14 and moving above resistance today. Looks like 13.96 or 13.19 could be used as initial stops for position sizing purposes.

TradeAnatomy

TTD moved to a new closing high on Friday. The main trailing stop remains at 53.55.

TradeAnatomy

Despite the most recent move down, crude is still holding above the first tier support of 48.93. A close below would put the next support of 47.91 in to play. From a daily time frame, a close below 47.91 would result in a trend change.

TradeAnatomy

TPIC is above its previous all-time closing high. Looks like the initial stop could be placed at 21.67 or 21 for position sizing purposes.

TradeAnatomy

From a weekly time frame, BTCUSD has support at 2725.70. Over the last few years the pink line has acted as a good support level for Bitcoin with prices closing above the line on all occasions. A weekly close below the 2725.70 could signal a major trend change.

TradeAnatomy

BTCUSD is breaking below its main trend support for the first time since 7/10/17. Price alerts had been going off for the last month which is generally an indication to tighten the trailing stops. In the last two instances, tightening to the pink line would have resulted in better trading exits.

TradeAnatomy

A move above 1.52134 would continue the trend higher and offer a new entry with trailing stop sitting near the 1.48247 area. It looks like the trend could continue towards 1.58 before finding more resistance.

TradeAnatomy

USDJPY is below the support level (110.7850). In mid-May USDJPY broke lower offering the first short entry and with today's move it appears to be offering a second chance with a tighter trailing stop set around the 112.30 area.

TradeAnatomy

The EURJPY is continuing higher through the upper band and is also moving the trailing stop to new highs not seen since last April.

TradeAnatomy

A move above 1.09989 could see the EURSUD trend higher into the 1.1133 resistance area. The current trailing stop is at 1.07782.

TradeAnatomy

A push and close above 114.061 on the daily chart would move he upper band higher, providing a new entry. The initial stop for position sizing is sitting at 111.434.

TradeAnatomy

EURJPY moved through its lower band on the 4 hr chart and has since moved back towards the midpoint of the bands. On the daily chart, EURJPY is still in an uptrend but might try to move down towards the lower band near 121.25 to find support. On the 4 hr chart, 124.311 appears to be the initial stop value.

TradeAnatomy

USDJPY is moving below its lower channel line which was at 113.6680. I would like to see the upper channel line start moving down for confirmation. The upper channel line is currently at 114.363 which is the initial stop value being used to calculate position size.

TradeAnatomy

All time frames seem to be aligning just before earnings release in the morning.

TradeAnatomy

The upward price trend continues and the trailing stop has pushed to 1.3025 area. A close below that area could see a short-term trend reversal.

TradeAnatomy

A move above 9.69970 would continue the trend higher with 9.68207 acting as the trailing stop.

TradeAnatomy

LPTH has set up on both the daily and weekly charts and trying to move above consolidation today. With an initial stop set at 2.48 and risking 1% of capital, 6% position size could be taken.