KO could be entering a area of daily support within the next day or 2. With bullish/reversal price action I will be buying calls and or shares around the $43.50 level and take profit at the top of the channel at the $49 area
With a break and retest of the 0.66150 area a push down to 0.65850 is likely, I will enter on the break and retest around 0.66100 with take profit around 0.65150.
There was a rejection off a weekly trend line (purple line) dating back to July 2019, December 2019, and again at the last week of last month.
The weekly candlestick closed as a inverted hammer or an...
The Eur is overbought across the board right now, I am looking for a reversal pattern to come down and retest the monthly/weekly trend line dating back to January and February 2008, touching again in May 2011, May 2014, as well as January, February, and March 2018.
As long as price actions CONFIRMS bullish bias at the 1.16500-1.16000 area I will be entering a...