Here is a very nice shorting opportunity. Bullish gartley with several confirmations: 1. weekly pp 2. 200MA 3. structure resist We have a very nice R/R for both targets. Both targets have structure backup if we look left. Avto_T Green Luck --------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you...
There is a very nice potential rally on FX:AUDUSD . As we see price has broken a bearish trend @0.7021, then made a pullback, then tested the high @0.7040 and now is ranging in ascending triangle. If the price breaks the triangle and makes HHHC, then we are in a bullish market. Our potential target is next structure @0.7096 with the confluence of 1.618 fibs...
Last week's sell off in $GBPUSD pushed the price back below the ascending trading channel I mentioned in my previous analyses. The price found support on a daily support zone and also on its 200 days MA line. 1.55-1.56, the bottom of the weekly trading range is now a resistance zone and a potential target zone for possible pullback. 1.56 will also mean a...
With $EURUSD's price hanging inside a very interesting harmonic sell zone (see linked idea) and $GBPUSD with bullish momentum that hasn't reached my target level (see linked idea), I tried to see if there's some reversal levels I could use to trade $EURGBP. I've found three different levels that could create some short term reversal in $EURGBP that I plan to...
This is what happens when the 200 SMA line breaks and there's no Fed coming for rescue (summer vacation?.. ). Last time it happened, in October 2014, the Fed helped by suggesting QE won't end (which eventually it did..) 1. The squeeze I mentioned in my Weekly Markets Analysis - Price was squeezed between the 200 SMA line (support and the 2100 resistance zone...
Potential for the ominous "death cross" as the DJIA heads towards a 50MA/200MA cross. Also, The DJIA/INDU has been below the 200MA for 2 weeks and ; also, on 7/29, 7/30, and 7/31 the index tested and failed to recross. This situation has not been seen in several years. I am rating it neutral because the cross has not happened yet, and the media feels that...
50% Fibonacci from Monthly timeframe 200MA Lower BollingerBand 2 different channels Support from Chikou Span
As you see, on the 1H chart we hit 200 MA, trendline, Fibonacci line, and we are in a small downtrend. I look to short on Signal. (double top, doji, lower high)
PRICE HAS BROKEN OUT OF THE CHANNEL AND HAS NOW RETESTED IT ALONG WITH A SMALL STRUCTURE SUPPORT LEVEL, A HAMMER CANDLESTICK WAS FORMED SHOWING BUYERS HAS STEPPED IN. THIS SETUP IS LOOKING LIKE A GOOD LONG OPPORTUNITY BUT PERSONALLY I,LL BE WAITING TOMORROW TO SEE WHAT THE BOC GOV HAS TO SAY IN HIS SPEECH. IM HOPING FOR A DOVISH STATEMENT BECAUSE THIS WILL WEAKEN...
TWO SCENARIOS. PRICE IS BACK DOWN AT SUPPORT WHERE IT HAS BEEN REJECTED A NUMBER OF TIMES. PRICE COULD BE CAPPED AND IT COULD POSSIBLY GET REJECTED AGAIN AT THIS LEVEL. ALSO ON THE DAILY PRICE HAS APPROACHED THE 200SMA WHICH COULD ACT AS A DYNAMIC SUPPORT. ON THE FLIP SIDE I WILL LOOK TO SELL IF PRICE BREAKS THIS MAJOR SUPPORT BARRIER WHICH IS ALSO THE SUPPORT OF...
PRICE IS STRUGGLING AT AN IMPORTANT STRUCTURE WHICH HAS ALSO FORMED A SMALL DOUBLE TOP. PRICE ACTION IS SHOWING THAT SELLERS ARE PROTECTING THIS LEVEL. THIS IS LOOKING LIKE A GOOD OPPORTUNITY TO GO SHORT IN LINE WITH THE DOWNTREND. IF PRICE MANAGES TO BREAK THE STRUCTURE LEVEL THEN THE NEXT LEVEL TO LOOK TO SELL IS AT THE 200 SMA WHICH HAS BEEN ACTING AS A DYNAMIC...
SWKS has been trending well for about a year. There was a deep pullback in October 2014, which would have stopped most longer-term trend traders out of the position, but the trend soon resumed its prior linearity. This stock could have first been traded when it broke the 2001 high, in April 2014 at around $40, as the uptrend was already well established. Then,...
Reversal on 200 MA daily, lets see where this takes us