So now, we are approaching the high's of the slanted channel or bear flag. - This so called bear flag is invalidated and treated more as a channel given the volume ranges. Normally with a bear flag you wanna see decreasing volume less volatility. I believe strongly we will break the highs of channel above 443's with a continuation up towards 450's at best 460's...
We have been getting a consistent Faithful down trend since 2018 well actually since 2015 it just got faked out and came right back in line. With that in mind it'd be wise to assume we'll just continue till the stock possibly reach single digits. 1. With the pandemic, travel has been affected as such airlines can't get the customers to sell their products to...
Given the present market and the possible rate hikes, we should not be aggressive in the $AAPL stock... it's not time to be aggressively bullish! - At best it's a trade... Expectations : 1. A small testing of proposed resistance as noted on chart. 2. a reversal and consolidation right around highs of channel. Important details from transcript: "As I...
1. We are oversold ladies and gents as such, from a risk to rewards point of view it's rather silly to be buying puts here. No big fish is gonna open position done here, that's only dumb money like you and I that's always late to the party so they can squeeze us out with a bullish rally. RSI : 24.55 on daily chart. 2. Vix is getting rejected, sure we had a...
This pair is not ready for a huge move in any direction... I'm more bearish in the grand scheme of this yes however, after this channel is completed... i do expect to see another fake out to plunge back in to channel creating a possible "Triple Top Short" going below "0.7100"; besides that wait until the channel is complete for more assured swings...
Short term long longer term short. (be careful as we are close to the possibility of a breakout with NZD/USD... otherwise i'd long to nears highs of channel then short from to the down side.
Not much to say on this gem... but it'll be shortly bullish unless it breaks out which make no mistake is a possibility...
Let's watch and see this beauty perform... Trade safe, trade free and trade well.
I'm very skeptical now on these plays with the dollar's erotic, volatile movements... None the less we have a continuation from a triple top brewing.. Looking for a pull back to a small support as shown on the chart for entry... All the best trade smart, trade free.
We may get another pump to the upside or just another test and fail then plummet like the usually fresh meat pattern..
Looking for a continuation on this beast... would wait for a possible pull back for all those late ones who are just entering...
This has held like a stellar. Making no apologies while doing so you have to admit this is an amazing hold.. Should have plundered after just volatility around a week ago. However it's holding like a champ.. looking to another week of steady gains, that is, if it doesn't breakout to the upside..
It's been a wild ride. Looking for a pull back here. It's only healthy that it gets one to be honest.
I wanna know what you guys thinking... this is getting quite interesting...
This chart is showing a very consistent reliable patter... Whilst *AUD/USD* had a stellar recovery this had a less convincing one... Further increasing my bias of a stronger lower low... THIS IS JUST AN IDEA AND OBSERVATION, DO NOT TRADE BASE ON THIS IDEA ALONE...
What are your thoughts? do you agree? or disagree? We all saw the short of a lifetime coming (i'm overreacting i know, hehe). However what we probably didn't expect was that stellar "retracement"... Understand that carefully. That was not so much a reversal but a retracement after an impulsive move to the down side.. Given that the stronger larger trend is...
As the dollar was taking a small pull back from ath's since sep 2020 could got a nice chance to go long to previous highs. This afforded us the privilege of a short term bullish run on the AUD/USD.. The DXY has since recaptured some of that pull back and is pushing the barriers to go higher should get really interesting from here.
Well the short plunge was seen by many including me from a mile away however we all timed it incorrectly. After fake out after fake out it finally plunge into this now huge, humongous falling wedge which is bullish in nature... However, I'd wait for a few things before a full sized entry, whether it's a strong break out above the descending slopped trendline or,...