short term buy setup here, waiting for small pullback to long. only taking a small position due to the added risk of a small timeframe but this has the potential to go far as the longer term trend is up as well.
The asset has also provided a flag pattern and now is in a flag pattern again, the 100 MA will provide support the price, and the Coppock curve is a in a triangle pattern and it will most likely breakout upwards to be positive. Also, this is backed by the volume decreasing showing a breakout is Imminent.
The EUR/USD will most likely increase in price to the 200 MA and the 100 MA will provide support, as shown in the past, furthermore the CCI seems to be in a ascending triangle pattern so there could be a short-term increase in price coming up.
I bought AAPL when my market order was filled at 119.00, because it had exploded out of a short-term flag pattern and long-term cup and handle, and I'm going to keep my position till September on the announcement of the iPhone 8, but I would look out for the Coppock curve forming an ascending triangle meaning there could be a deceasing in price in the few months.
Tesla stock has had massive gains in the past years, hence represented by this magnificent Flap Pattern which has been building momentum over the last 5 years.Tesla has officially broken out of the Flag, so its a BUY for now, But I would watch out for the RSI breaking out of the "bearish" motion and is reaching bad territories. Also, how high can this stock go...
To me Amazon is a clearly heading for new heights, as the Coppock curve ( Eclipse) has just turned positive, also so has the Aroon oscillator, showing a positive trend has emerged. This is supported by the Cyclic lines showing the positive stock trend is just one of many. The 50 moving average is providing support, and the stock recently broke out of the sending...
Spotted another opportunity on the XAUUSD/ Gold 0.41% for a trend continuation There are a few confluences playing part with the overall momentum of this bullish channel which is making clear sense for me to re-enter & go long.
1246.796 Stop Loss
After missing out by a few pips on the bearish cypher pattern I posted earlier, the market has presented us with another opportunity and this time it's a bullish gartley pattern so let's see what the market will do this time around.