eWiz

eWiz

Technicals are lining up including inverse head and shoulder and trendline breakout.

eWiz

One of few stocks bullish and perhaps for good reasons given the coron virus. Someone has more time to do fundamental analysis to back up this technicals, feel free to drop me a line

eWiz

This analysis is based on a repeat of 1929 giving market uncertainty in the current climate.

eWiz

Just an interesting idea here if we indeed believe that history tends to repeat itself

eWiz

Conditions: price entered daily resistance zone Entry: 4 hour candle closed out of resistance zone Stop: 1 atr above highest candle in resistance zone (1.83858+.0088)=1.84738 Target: Prior swing low - 1atr (1.81105-.0088)=1.80225

eWiz

Tracking an expanded flat B wave in an ABC correction Daily bull - prices likely to rally to 7840 or at least break the top of wave b of the expanded flat before taking a dive Trade is to short at 7840 , stop at 7870 take profit at a=c so 7650

eWiz Updated 

weekly bull daily wick It appears we're forming a leading diagnol wave 1 which could be complete expecting a 3 wave retracement towards 11390 which should also fill the weekly gap for a long

eWiz Updated 

This is a risky trade - but since I'm already in it I had to write about it I exited my long in anticipation of a C wave back up towards 113.10 level where I will short again with a stop at 113.40 The trend really is down and the next move will be a wave 3 to the downside in wave E of the weekly triangle towards 107 level. In hindsight I probably should not be...

eWiz

Daily and Weekly bull candles Triangle Pattern looks completed clear impulse up from 8660 level which is wave 1 followed by a correction to 8813 now we're getting another impulse up which is likely start of wave 3 of wave 5 up I entered into the close today at .8953 which goes against my strategy of waiting for at least a .38% retrace from high which would have...

eWiz Updated 

2 daily bear candles We're in the final wave down to complete wave 5 of c of wave B of wave 2 Noticed a triangle pattern which is found usually as a wave 4 so this would confirm the view that we're heading lower at least short term Will look to sell short between 145.30-145.70 Take profit should be around 142.20-143 level Stop should be just above wave c (145.90...

eWiz

2 Daily Bull Candles Expecting a retrace to retest the broken channel trendline Expanded flat wave 2 is expected so a good entry would be around 11340 area I've already longed on the spike up at 11320 but will add more lots if price comes back to 11340 and takes a turn

eWiz Updated 

USDJPY is at do or die levels here Could enter short with small risk with stops at 11420

eWiz

tracking a corrective wave in eurgbp will look to enter around a=c @87.85 with the .618 retrace not far away at 87.65. If setting limit order I would shoot for 87.85 with stop at 8715 or just below the .786 retrace. It might go there though as it might make a reverse head and shoulders pattern as well

eWiz

Searching for a short to play wave c of 4 down before we resume the uptrend Ideally we get a weekly bear candle or an impulsive 5 wave move down where then we sell at a pull back Will continue to monitor this and post updates

eWiz

I'm watching USDCAD for a drop in Y towards 1.27 It appears we might be in an ending diagonal in wave C and within the last leg up of wave 5 Need to watch PA here closely for impulsive move in 5 waves down to catch the short

eWiz Updated 

Daily Bull Close above Triangle on Daily Strong pull back - makes a long a little scary Going to enter at 20.45 stop at 20.39 as I saw 5 waves up on minute chart which could indicate wave 1 of subwave 3 of wave 5. Good risk to reward on this trade

eWiz Updated 

Daily Bear Looks like we've completed wave B up and need to go down towards .618 retracement of A at which point, I 'll expect a reversal to the upside. This is a short term short - entry 1.1406 - followed the 1212 stradegy with entry at .618 retrace of the 2nd 1 2 stop is 114.25 TP is 113.15

eWiz Updated 

Daily bull candle - adds risk to short trade However I feel that we still need to go down to complete wave 5 of wave 3 down Count is invalidated if we cross into wave 1 territory at 113.15 area Trade is to short at market 112.903 stop at 113.15 and TP minimum at 112.30 or lower