Here on D chart we have Evening Start technical formation, RSI at his overbought level, and the price/MA200 difference is 10.6%. On W chart I have one more nail- divergence. My play is sell short. Negative out at 400, Positive out at 325
Apple is a great company, stock as well, and yes there is some nice potential, technical and fundamental to see this beauty going up in the future. But, according to the short term technical point of view, my play is sell short. A potential target can be at 15 to 21% from the current price. S/L is 5% from current price
Three white soldiers at D chart, is it time to buy or? Im in, holding, now adding
The price is under 61.8Fibonacci ( golden) level, and according to RSI is in the overbought area. At H4 and shorter tie frams pic for sell is more clear. My play is sell with R/R 1:3
Ho, this baby ar screaming to be shortened! :D Take a look at W, H1 and yes D chart here. RSI is highly overbought, and value is floating in that area for some time, which is one of the clearest signals of possible price movement change. Fibonacci on W time frame, 61.8 is to strong resistance level, for now. My play is sell short with R/R 2:7
Inverted head and should on H4, can be recognized on D also. MA200 is stronger resistance level then neckline in this case, so play smart if you dont want to buy and hold. On D chart, which I mainly use, RSI 50 level will give more precise insight where the price can go. May play is buy and hold, as I wrote previously, and in this case, I will go with one nice...
Potentially on D chart, we have Head and Shoulder technical pattern. If this is the case target can be way down. Take a look at price movements near Gan line, monthly one, which can in this case been our resistance line. The RSI at 40 levels is worth paying attention. My play is sell, with R/R 2:7
Whenever we have multi lows/tops breaking is stronger than usual, as we have right now. The price has break Fibo and MA200 level and strongly continue to rise. RSI at lower time frames is overbought, which can be some short opportunity to squeeze a bit. As I see Fibonacci 61.8 will remain resistance level ( daily fibo) and Fibo 62.8 ( weekly) will remain support...
Inverted Head and Shoulder is likely here, but pay attention at MA200 and Fibonacci 38.2 level (109.14) because this same level can be a huge obstacle for a future price -up movement. If the price break 109.15 we can expect to see USDJPY at 111.00 area. RSI is in bullish mode, and ADX with his 15 value may suggest that downtrend is almost ower. My play is BUY...
Descending triangle, one of the sell signal technical patterns is visible on D chart. Still, MA200 is a reliable support area. RSI is below 50 levels. My play is sell, with S/L at 5.70 and T/P at 5.43
Most likely Adidas ( ADS) will test 296 level one more time, and current formation Cup With the Handle before it turns on the south. My play is pending 296. Still, 266 will be closely watched t.me
More or less the same pattern can be seen on W chart. My play is sell short with 2:7 R/R t.me
The more tops or bottoms we have the stronger breakout will be. But, my play now will be sell with S/L at 0.997 and T/P 0.982 t.me
If you take a look at market depth (or try to find bank holdings), you can see that some bigger market participants are expecting a future rise of GBP. Me too. My play is to put pendings on 1.22 up to 1.27 and 1.33. In a case of a big drop, below the blue line level, f..i can lose 12.750 eur, but I don't believe that is gonna happen
t.me ATM this is about according to RSI, and its Friday:) May play is Sell short with 1:3 R/R
Take a closer look at 40 RSI level today on D chart, and RSI 50 level on 1H chart
W, D, all time frames are overbought. Financil are OK, but right now my play will be sell short 2:7 R/R
Will Fibonacci and 1.08 be next level to reach, no one knows. My play will be buy at that level, till then, will watch Trumps TWTR acc :)