Supports and resistances: 1.2505 1.247 1.244 1.2359 Last 1.2325 1.227 1.224
Hi Traders, $USDMXN just came back to my radar which pressed nearly at the ex resistance, now support 15.5922 level. I just went long and my stop-loss is just below. Regards, Thiago Duarte thiago@duarteinvestmentgroup.com @thiagotrader
We will looking for buying opportunities in EURNZD
Background: This pair shows a nice uptrend and we currently came to an halt at a very important key level @185 ,which is the 50% retracement level of the downmove from 2007-2009, price reacted at this level but we didnt rejected it , ie. price is holding its gains thus far and forming a range, where the resistance is @185 and support is a former broken...
Background: Price found enough demand to halt its current downmove @1.46300 where the current minor rally broke the (red) supplyline indicating that demand outweight supply at this moment , the rally stopped near the current high @1.5552 which can bee seen as current resistance which needs to be overcome in order to speak for returning strenght to the market ,...
Looking at a very deep potential bullish Gartley here on XAUUSD that if completed would come right into previous structure support. The wicks created in that previous support zone made this an opportunity that I like regardless and having an advanced pattern complete at the same level just put icing on the cake. Very low risk opportunity compared to the potential...
Right now we can see that the price has hit a key support level. I predict this will be the start of a bullish trend.
The price action recently shows accumulation and there is a recent high volume bullish spike. A noted biotech investor has increased position in this company lately. There is an inverted head and shoulders reversal pattern on the chart.
It gapped down in the past because they dropped one of their studies but the company has many other products in development. There are messages that the float has been bought up and funds and insiders are buying heavily for some event.
Trading today has been bearish for the stock as people take profits near resistance. However, the Chaikin Money Flow (CMF) is above zero which says the bullish trend is still in effect. The CMF operates regardless of how bullish or bearish market participants may opine to be one day or the next. As seen on the chart the trend remains upwards as the CMF is above...
Hi Traders, Pound is at a very important area for a bounce. If we zoom what we can see that the pound has been in a very long term channel which has been working perfectly. I will be looking to get long in the blue box with tight Stop-loss. Good luck! Thiago Duarte thiago@duarteinvestmentgroup.com @thiagotrader
Hi Guys, I normally don't like channels but this one, OMG! Working perfectly well for very long time. Giving a zoom so we can see more clear, we can see that TODAY we touched the upper channel line which now serves as support. More support for my USD longs. Keep this is mind! Also, keep watching, RSI! If we break that trend line, it will give us a...
Hi Guys, I am already long from this morning (13/11/14) at 8673 and my first TP is at 8800. However, Looking our long-trade view, we can see that this pair can fly really high and can reach 9200. (long term graph is bellow). Keep watching, and use this pitch-fork to help you, any correction is opportunity to buy in my opinion. To get more ideas from myself,...
H&S target is not reached yet so I'm expecting another wave up. Buying blindly and looking to take profit this year. We might see prices around 50 in June, 2015