merabtene

merabtene Updated 

We may see a correction coming with EUR/USD. We have a good entry point if support is broken Or if the price comes back to the resistance trend line and forms a bearish candle. Indicators show weakness. Lower highs are forming, meaning buyers are unable to push the price higher.

merabtene Updated 

If the 0.5 retracement level holds, We can go long. Oversold on the RSI signaling a buy. Be greedy when others are fearfull. Buy when you see a lot of red candles going into a key area. Especially when it's a solid company.

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Gold is likely to continue selling off.

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Will we see a bubble like the Dot-com bubble. Will history repeat itself. The beginning would be a retest and hold above the upper band of the channel. I know it looks crazy but what if ? we see a lot of similarities. Note : This is just a crazy point of view and you shouldn't be taking any trade based on this analysis. I am not a financial advisor.

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MSFT coming to two key levels

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Coming to 0.5 retracement level

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FB is close to key retracement level of the previous swing high

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Apple closed bellow support today, I expect it to go down at least to 99.40$ unless we see a magical false breakout which is unlikely when we look at the NASDAQ also breaking support. If we see a price rejection at 99.40$ we can go long for a 109$ target. If we don't see a price rejection at 99.40$ we will have to wait for the previous gap to fill and go long at...

merabtene Updated 

It can either go up or down.

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Wait for the rebound to confirm trend reversal

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this is a potential trade low risk trade, you need to wait for the rebound and a candle stick signal.

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Support is looking weak on the 5mn chart, I placed a stop sell order under support line.