us100 had a major correction, price dropped exactly 1531 pips in less than a week. After this big move to the downside there should be a correction to the upside. we can see that there is inverted HS pattern that indicates the change of the trend. the uptrend channel was tested to the support. these are indicating a good opportunity to trade by long.
Price didnt bounce off the key level as i thought it would last week as seen on chart below that i attached. Broken the key level and candlestick closed below. Possible retest to resistance before bouncing down to target. There is a possible buy from 5 month lows.
NZD/USD has reached a strong support level with RSI oversold. Wait for confirmation to go long on smaller time frames.
THIS WAS A GOOD ONE THAT I EXPECT TO HOLD OPEN FOR MORE. LETS SEE HOW IT GOES. 2 OUT OF 3 IS NOT BAD.
Looking at the technicals, this stock will make at least a buck tomorrow, 8/13. If you look at the daily movement on the stock, you can easily see that the stock moving average is heading to its middle Bollinger band at $156.71. Now, the weekly movement is generally down so that may turn this stock down. But the weekly has found a floor in its weekly middle...
Entered Long, looking to take profit around 1.31744 after that I will wait for reversal then retracement backup. Please tell me what you guys think leave some constructive comments. happy trading.
This is my Setup for NZD/USD. This Pair could not break the previous Resistance and is now forming a nice sell Structure / Triple Top. There is a great Risk/Reward Chance on this Pair. Now i wait for a confirmation (break on a lower Timeframe) and enter on a Breakout. Stops and Targets are shown in the Chart. Comment your thoughts for this Pair down below. Trade...