wait break event before to enter
There is a beautiful double head (H1 and H2) and shoulders (S1 and S2) pattern on natgas. => Short
Engie is currently drawing a double top (T1 - T2) confirmed by the break of the neckline. The stock is currently doing a pullback on the neckline (classical behavior of double top pattern) before to go down again. Objective 1: 10,5€ Objective 2: 10€
GBPCHF is in cup and handle config (c h), neckline has been broken, pullback is ongoing.
XPTUSD is currently in reverted head (h) and shoulders (s1 and s2), the neckline N has been broken and a pullback is observed on it. After the pullback XPTUSD price will probably increase to 920$
Double top (T1 T2) has been confirmed today on oil. Neckline has been strongly broken. The possible drop is about 17% . Objective 1: 60$ Objective 2: 55$ . Probability of success: 75%
American Express is in double bottom (b1 b2) , the neckline N of the figure has been broken. First objective is 112$
Intel has broken the resistance of its descending channel. This event ends the bearish phase initiated in june. The break of the resistance R will increase the probability of success of the uptrend scenario. First objective o1 is 52$, second objective is 56$.
On AUDJPY, we can observe a clean double bottom pattern (b1 - b2). The neckline N has been broken today and this confirms the pattern. Objective is @85
S&P500 was evolving in an ascending canal (delimited by S and R) since 2 years. The support of the canal was broken significantly the 25 octobre. In the meantime, the support S1 of the 2700 points has been broken. After that, the S&P500 did a pullback into the resistance S1. The probability of a bearish trend is the prefered scenario. The arguments in favor of...
Vinci is in a very clean double top (T - T1T2), the price has strongly broken the neckline (N) and is evolving in a descending channel delimited by R and S lines. The pullback over the neckline is observed. The probability of a bearish phase is very high. Objective is 72€
It is the perfect time to short alstom. 1) Double top T2.1 T2.2 confirmed (break of s1) 2) Double top T2.1 T2.2 will allow to break S2 3) Break of S2 will confirm reverted cup and handle T1 T2 4) Objective is 33€ 5) Probability of success of the pattern : 82%
Danone is evolving in an ascending canal delimited by resistance R and support S since years. The price seems to rebound on the support S (point s). For end of year prince will probably increase to the resistance o t which is in triangle configuration with support S. Our opinion is that price will increase to obj 1 (67€). Afterthat we will observe if a break of...
Sanofi has developped a head (h) and shoulders (s1 and S2) pattern from 2013 to 2018. During 2018 a strong pullback has been observed to the resistance R. If the pattern is confirmed, price will begin to decrease in the coming weeks. Objective 1: 68€ (the neckline) Objective 2:50€
After AMZN it seems it is now time for Apple to enter a bearish cycle. The stock is in double shoulder-head configuration, a very bearish pattern. The neckline of the figure has been broken today. Volumes are present. Conclusion: SELL !!!
A beautiful double top appeared on CAC40 index, the neckline has been broken this week. Down potential between -2.5% and -10%
A perfect cup and handle pattern can be observed on Verizon. Bullish potential is 12% in 5 months