f_carter93

f_carter93

Overextended market based on little news so market likely to pull back. Could continue you up further until it hits resistance before pulling back but pullback is definitely coming soon!

f_carter93

DFX has increased 130% in three days and has found resistance at 50 moving average. A pull back is always highly likely after these big moves so I am looking to short the market and profit from the pull back. My first profit target is placed at the prior support line. I usually like to wait for negative divergence before entering these trades but as the increase...

f_carter93

Price is over extended after big move up (price increased over 50% in 4 days!). Pull backs are always highly likely after these moves so good time to short. Price pulled back as expected and a bounce has occurred, making a good entry point for another short position. Sell on the bounce and look for price target at the previous support levels. To further support...

f_carter93

Market over extended so pull back likely. First Price target at support at 62

f_carter93

ANGS is over extended after 70% price increase! RSI also starting to show negative divergence and shooting star candle has formed indicating a top. Pull back is highly likely, look to short the pull back with first profit target at 50 day Moving Average.

f_carter93

Market over extended so pull back likely. RSI showing negative divergence. Short SAVP, first profit target at 50MA support line

f_carter93

AZZ is over extended after big increase so time to sell. RSI also showing negative divergence. Volume is drying up on the last few up days signalling up trending coming to an end

f_carter93

Market is over-extended after big increase, so should see a significant pull back. Down day on high volume signalling profit taking and people selling stock. First target should be a prior resistance turned support at 1.05

f_carter93

IDP has broken long term down trend and has formed a cup and handle price pattern signalling a buy. Fundamentals also looking good with their new product Roots being made available in Tescos in November and appointment of new CEO. Buy limit should be placed just above the resistance line of the cup and handle.

f_carter93

RSI has broken above the trend channel indicating positive divergence so price should follow. Weekly chart also showing positive divergence.

f_carter93

Using an Andrew's pitchfork, a price target of 1307.19 was projected for 25 August (35 days forward from swing low on 7 July) . Price traded up into target area but hit resistance at 1297.2, forming a triple top pattern and signalling a reversal.The projected 35 days are up so price should now reverse and move lower. Stochastic RSI is also showing bearish...

f_carter93

Short trade opportunity.

f_carter93

EURGBP rallied for 11 days after bouncing off the 200 day moving average during late February. Price has recently pulled back and a bull flag could be taking shape. This pull back offers a good opportunity for a long swing trade. Stochastic RSI is also approaching oversold territory, meaning price may soon turn and continue the bullish trend on fresh buying power....

f_carter93

Price has been in a long term ascending triangle with defined support and resistance lines. Price is also above the 200 day moving average so I'm only looking for long trades. A breakout to the upside has recently occurred and the average true range signalled this was a valid breakout. Price has currently pulled and is approaching the resistance turned support...

f_carter93

AUDUSD is currently trading in a defined range that has been in play of a while. Price is approaching the the support line of the ranging market as well as the 50 day and 200 day moving average . Stochastic RSI is also in oversold territory. Wait for price to move lower towards the 50 day and 200 day moving average and buy on the bounce. Profit target should be...

f_carter93

On daily chart: NZDUSD is currently in a long term uptrend and price is above 200 SMA so should be looking for long trades. Price has pulled back and has found support on a convergence of 200SMA and 50SMA so should be looking to buy on the bounce if support holds . Price is also at lower Bollinger Band so price expected to rise. Stochastic RSI currently in...