Tesla INC shares move from the highs $ 1,200 reaching low $ 1,000. It appears we are slightly positive short-term, and we may see $ 1,175 once again. However, I prefer SELL in rally for the move towards $ 700. the Donchian channel is too wide, and the RSI still shows negative divergence medium term. Strategy SELL $ 1,125 - $ 1,175 and take profit $ 750....
I remember very well the time that USD vs. Italian Lira and it's DEMITL cross for way out of boundaries when it came to RSI and trading bands. The Turkish Central bank cut rates once again as a note, but if one views the forward points, the positive carry (IF LONG TRY) is rewarding and make the SHORT SELL worthwhile consideration. The move by the Central bank...
While I am bearish BTCUSD medium-term, the decline also provides an opportunity for very short-term play. We are near bottom Donchian channel bottom, and STOCH (not shown) shows we are near end of run. Buy at $ 56,500- $ 57,250 for a move towards $ 61,250. Stop-Loss below $ 55,000 as a break will ignite $ 38,000 objective.
The medium-term strategy is unchanged. We remain short, or will sell current price $ 4,200 area for a move towards $ 3,200. The medium-term stochastic is negative, and would be good for a $ 1,000 downward price trend amount. The stop-loss should be above $ 4,900 and profit at the bottom of our regression trend channel $ 3,200.
The suggestion to go long some weeks back worked well. Now we are on the other side of the fence, expecting to retrace a bit. We should SELL at current 1.2605 and keep stop-loss tight at 1.2657 max. The channel is well-define, and i feel we will remain below or around the mid-range of the channel and come to lower boundary again. Further, the Moon Phase is new...
This is a very short-term strategy. The move down is within the regression channel. Right now we are EURJPY 129.42 and bouncing on channel support. The strategy is buy at current level but place a stop-loss at 128.57. The profit should be somewhere 132.17. The DMI has crossed negative and downward pressure is possible, but am more focussing on the channel...
Moderna INC (MRNA) share price has had a reasonable decline, and now it feels we are bottoming a bit. The strategy short-term is, to BUY at $ 230-$245 range and taking profit at $ 285, which is the midd Donchian channel price. placed under $ 205.
We have declined nicely on EURGBP, but feel short-term it's likely a buy now. we are in the low BB and 4-hourly RSI is also quite low showing oversold status. Buy current 0.8395-0.8400 and take profit at 0.8457. the stop-loss best near 0.8363.
The BTCUSD will be in a ranging mode for the coming weeks. This is due to the fact that a FALSE BULL FLAG pattern is forming, and the top range is around $ 72,8K and the bottom end $ 58,8k. The pole itself has a value of $ 21 k and the break down of the channel support will be $ 21 k lower in price. from medium-term perspective, and since the CHOP index is...
I am still very much a believer in buying GBPCAD at 1.6875 or lower. The MACD is positive, and we got an FALSE BEAR FLAG as well. Strategy BUY GBPCAD 1.6875 with stop-loss 1.6650. Profit at 1.7350.
Short term play selling EURGBP current 0.8548 with a stop loss 0.8627. we are trending again below the cloud currently, and stochastic is negative. Take profit at around 0.8398 for now.
As far as I am concerned, the level of daily RSI 92+ and a weekly RSI 86+ and further way above BB clearly suggest keep on remaining short or add to SHORT position at current 10.4400. The return to 9.2100 and low will happen over-time, and the carry costs are positive as well. In this type of market, I prefer to sell into small increments and add slowly....
We remain short BTCUSD, or we start a SELL now. The KAGI is negative and we have mid-channel resistance $ 63.400 (rounded). MACD is negative as well. Strategy SELL current $ 59-60,000 with stop-loss $ 64.500. Take profit $ 53,400 and on break re-sell for move towards $ 40,000.
My previous short-term BUY idea was premature. However, now we got very low RSI, and below the regression channel base, and in the bottom end of the BB. BUY current 1.1283 and take profit at 1.1478. Medium-term trend is 1.1007.
Selling into rally or current $ 81.52 USOIL seems a reasonable strategy. we are in current uptrend and ADX still shows trend is upwards, However, considering the channel, we are near to $ 85.50 resistance. Further evidence is, the price action reactions when near bottow ot top of channel, seems to be consistent. My personal view is, SELL at current or slightly...
The EURUSD has an ultimate Shoulder Head Shoulder objective of around 1.1110. However, short-term we are at the bottom of the channel support and a pull-back is expected towards 1.1478. Short-term strategy BUY EURUSD 1.1384 and stop-loss 1.1347 Medium-term strategy SELL EURUSD 1.1478 with stop-loss 1.1590. Objective 1.1127. The point and figure shows...
No change in view, and especially, Kagi showing change, and we are quite cose to upper channel which has a resistance $ 5,078. The lower channel boundary is $ 3,750. I am still of the view to be short, but keep stop $ 5,500 to be on safe side.
The decline was sharp with a gap all due to disappointments. However, the decline was overdone, and way into the low bottom of the BB. Further, RSI quite low, and I feel we should fill the gap between $ 270-290 before we will see lower levels in the near-term. Buy $ 220-230 for profit level of $ 278.00. Stop-loss I think maybe 175.00.