Hello traders! - NEW SUPPORT was formed - BULLISH ENGULFING PATTERN appeared on the 11st of June - MACD reversal TARGET can be set in proximity of the 3 Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 61.8 FIBONACCI LEVEL coincides with the RESISTANCE Remember to put a stop loss in order to secure your capital! Not a...
Hello traders! USD/CZK seems having reached a good support after a long downtrend! - BULLISH ENGULFING PATTERN appeared on the 11st of June - BEARISH MOMENTUM looks always weaker - MACD LINE is really closed to cross the SIGNAL LINE Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
Hello traders! TRQ looks bearish right now! I think that shorting this stock would be a profitable idea! TARGET -> 61.8 FIBONACCI LEVEL = SUPPORT LEVEL Then, you should wait the target to be achieved and then LOOK FOR A CONFIRMATION CANDLE that will tell you whether going short or long! Remember to put a stop loss in order to secure your capital! Not a...
Hello traders! SHORT NZD/JPY! Reasons: - Nice EVENING STAR - MACD seems to be getting bearish - STRENGHT BULLISH MOMENTUM is gradually declining Target price should be towards the support line Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
I expect the price of Natural Gas Futures to make an explosive move pretty soon. Whether it will be bullish or bearish is not clear, the MACD and the moving averages look rather pessimistic but the 50 MA might soon cross the 100 MA upward, which would be a bullish signal. In case the price leaves the triangle bullish, we can expect it to gravitate back to 2.885....
Hello Traders! After recovering from the shock in March, there is no reason for the price of Bonanza Creek Energy to not revert to its normal range. It broke through all the moving averages and the support/resistance at 16.43 without problems and the MACD looks very optimistic as well. It's already impossible for the next high of the MACD to be lower than the...
Hello Traders! USD/MXN looks bearish! MACD has just crossed below with a good bearish strength – RSI looks pessimistic with a good range from being oversold. HISTORICAL SUPPORT might be reached, so stay alert! VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading...
Hello Traders! Regarding NZD/JPY, we can note that the two indicators used to analyze this currency pair are good: - MACD line is ABOVE the SIGNAL line -> uptrend incoming - RSI shows no overbought signals - Huge bullish candle confirms our bullish thoughts I think that the price will break out and touch the new resistance. We cannot exclude a further...
Hello Traders! - MACD looks very pessimistic -> STRONG BEARISH MOMENTUM - RSI is NOT OVERSOLD and it is DESCENDENT High probability of breaking out from the support and going down until the historical support! GO SHORT when the support breaks. Watch out for possible false breakout!!! VF Investment cannot be held responsible for any financial damages suffered from...
Hello Traders! As you can see from the 1-week chart, MACD line is just crossing the SIGNAL which means a high expectation in seeing a BULLISH TREND. RSI 14 looks optimistic and there’s no sign of overbought condition. Furthermore, if we look at the price chart, we can spot a W pattern. This suggests an UPTREND which could touch the historical resistance and maybe...
Hello traders! - MACD line just crossed below SIGNAL line -> beginning of a BEARISH DOWNTREND - RSI 14 is facing downwards CHF/GBP price seems to be breaking the neckline of the DOUBLE TOP PATTERN. I would put my entry when the neckline breaks so that I can maximize my profits! Looks like a good time to enter in a short trade (1-week timeframe) Please, maintain...
Hello traders! MACD line just crossed above SIGNAL line -> beginning of a BULLISH UPTREND RSI 14 is facing upwards -> does not look overbought yet CHF/JPY price seems to be able to break the resistance line. My suggestion is to put the target price towards the second resistance. Please, maintain proper position sizing and risk management! Not a financial...
Hello traders! MACD line just crossed below SIGNAL line -> beginning of a BEARISH DOWNTREND RSI 14 is going down and it is far away from being oversold. CHF/ZAR price seems to be already in a retracement which will probably end in the vicinity of the support Please, maintain proper position sizing and risk management! Not a financial advise Trade safe
www.vfinvestment.site The price crossed down the 100-day moving average very rapidly, the divergence with the MACD was validated by two very strongly bearish candles, MACD looks pessimistic and RSI indicates no oversold condition. I think that is more than enough to assume the price will revert down to the historical support/resistance of 11.80, if not break...
As we can see from the chart above there are clear signals of buy opportunities: - Two Bullish pin bar after four bearish pin bars - RSI 14 looks almost oversold My suggestion is waiting for a confirmation bullish candle after the bullish pin bar and then going long. A wise decision would be to split the trade into two parts: 1st part: setting a target price...
USD/SEK is going through a steep downtrend which will not last forever so be ready to buy! RSI 14 is OVERSOLD and the price seems really closed to the support line! My suggestion is to GO LONG waiting for a strong rebound which might last until either the 38.2 Fibonacci level (dotted line) or the price resistance started in the first part of May. DO NOT FORGET...
Historically, the price of the Solarwinds Corporation has been very steady, moving in its normal range between 16.76 and 19.40. Given no overbought signals, nor any divergence with the MACD, I expect the price to be pushed a little bit higher by the bulls, at least to 19.40, if not up to 20.41. But it will not break these resistance levels for long. When the bears...
UPS price is moving up and it is likely to test the resistance level in the next days! This thought is highly supported by two indicators: - MACD(12,26,9) -> MACD line > Signal line - RSI 14 shows no indication of overbought conditions High probability that a breakout will take place. However, my suggestion is to wait for the price to come back and test the...