Neat set-up here. The price got pushed over the 200ma by that little uptrend. There should be some room to the upside if this holds.
$AAPL closed above its 200 weeks MA last week and also created a weekly False Break. As long as the 200 SMA line holds as support, $AAPL has the potential to rally higher towards the 100$ to re-test that important psychological zone and the Fast SMA line. The final target zone for this bullish setup is the downtrend line shown at the chart. Tomer, The...
Bloomberg (or was it Reuters?) predicted in November the economy would be moving sideways in a correction phase till mid-autumn 2016 at the earliest... Seems correct so far The head and shoulders is a bit obsolete but still can be considered a vague indicator of the direction (based on volumes). Fibonacci levels are agreeing between the different peaks and...
I FEEL THAT THE 200 MA IS A GOOD S/R LEVEL AND I N THE LAST 3 HOURS DIDNT QUITE MANAGE TO BREAK IT SO IM GOING FOR A SHORT.
If GBPUSD dips below the hourly 200 MA it could open up to a deep drop to the hourly 100 MA and 50 MA.
short the dollar, broke 200MA and now retesting it, probably going to fall once more, will be long EU & NU
EURUSD as seen in chart is testing the resistance. If price closes above the 200ma, we will see more upside.
I first want to note that this is a speculative idea, I may be seeing what I want to see instead of what is actually on the chart. But, with that said, there appears to similarities between the 2008 chart and the current chart. Additionally, if you hover over the blue ovals - for lack of a better word - on the chart, they should provide some context. Both periods...
Chart trending above the two MAs is a very bullish move. The cup and handle formation is looking clearer every day.
$TRTC CNBC NEWS + 200MA BOUNCE BREAKOUT
$TRTC NEWS + 200MA BOUNCE + BULLISH 3YR TRENDLINE
$TRTC 200MA BOUNCE + 3YR BULLISH TRENDLINE
Bearish bat pattern inside 200MA on H1. Good risk reward. Wait for a price action confirmation inside the rectangle. careful with New York opening.
On the daily time frame, price has been rejected at the PRZ of two larger harmonic bullish patterns (Bat + Gartley). The rejection was swift with a 5 wave bullish impulse, followed by a triangle correction and another small impulse to complete a 3 wave pattern (labeled here as (A) of a possible zig-zag correction). Now we are nearing the completion of a bullish...
Hello Trader, This short trade setup on FX:NZDCAD is simply based on current price action and the key levels that are labelled on the chart above. As we can see that after every consolidation periods (yellow lines) we got breakouts in the form of strong impulse moves (blue arrows). After being in a strong impulse move for the past 4 weeks, the buyers seems to...