The AEX is starting to form a pattern I recognize as the Rising Wedge pattern. This could be an interesting short-term short. Wait till the yellow line has been broken before entering the short. target price would be either 534, caused by the strong daily support (red horizontal line) Or it would be 525 creating a new daily support line.
As the strong resistant level (upper red line) holds, price moves towards either the weak support (yellow) or strong support (red lower line ). Assuming that the yellow support will hold, a nice long position opportunity could occur. This long, would be confirmed IF 1.71 is broken upwards. The other scenario (as I see it) is a short opportunity after breaking...
As the major resistance (indicated as the dark green line) did not broke, a short opportunity has occurred. scenario 1: The short goes till support level of 1.58436 (second yellow line) and forms a double top and breaks to the next support line which is either the white dotted line or the red line. scenario 2: it follows the first scenario, but will have a...
The triangle is closing on the 15m, I guess this is basic trading 101.
The idea is that platinum would move between the two-blue line (these are recent daily support and resistance lines). It looks like Platinum founds its bottom and is ready to move up, to the price level of 1020 (which might be a recent resistance line of the weekly) , even do the RSI has not yet curved up it is clearly oversold on the daily. But last Friday...
$Maid had a nice up trend, but broke. No news or updates coming. Scenario 1: - Will hit the support line (RED) and will jump back up. - RSI oversold - WT_LB indicates buy opportunity IF scenario 1 support line breakes --> Scneario 2: - Down trend to the BLUE box on demand line.
Stratis has been in a down trend for almost more than a month. According to my signals, Stratis will be soon a good buy. Stratis itself has mentioned to come with updates.
Idea that only works IF (<--- a big if), the pullback bounce on the breakout point.
There has been some struggles in the past. But community is growing and according to roadmap in Q4 the Pre Aplha version will be released.
Just an idea. Maybe on October 12 the break out will be sooner.