Throughout 2016, Aud/Usd always trends HH & HL just before hitting the .77 mark then we see a crash to the downside. Early 2017 its repeating the pattern, creating HH & HL, we could see a big move to the downside in the next few months to come
HL bouncing back from MA200 & seems made some base here. It is showing upward moment now & we think it can easily go above $7 from here. Trade Criteria Entry Target Criteria- current price, $5.83 Exit Target Criteria- $7.13 Stop Loss Criteria- N/A You can check detailed analysis on HL in the trading room/ Executive summary link here- www.screencast.com . (...
This is a little gold miner than came up on my high implied volatility screeners (the others were AUY and KGC). Metrics: Bought Shares at 5.82 Sold Oct 21st 6 call Whole Package: 5.35 db Max Profit: $61 ROC: 12.1%
HL running within a downward channel, if it can break it up we think it will easily go to 7 area. You can check our detailed analysis on HL in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
MY VIEW: STRONG SUPPLY LEVEL HH, HL TREND CONTINUATION FORMTION 0.618 FIB % RETRACEMENT DAILY CHANNEL STRONG MACD DIVERGENCE RSI ON OVERBOUGHT SIDE
Silver has seen an unexpected rally to most and continues to show strength as holdings of silver-backed ETFs reach all-time highs. Since posting "Potential Inflection in SLV: Price Action and Options," (under CommoditiesTrader) SLV is up almost 22 percent. However, near-term there will be a correction to work off the overbought conditions. The RSI was quite...
PRICE ACTION TRADING. FIRST STEP Draw the channel. And check how the price moving. HL- Higher low HH-Higher high LL-Lower low LH-Lower high STEP TWO Draw the support and resistance lines. PRACTICE,PRACTICE,PRACTICE AND PRACTICE
Demand Zone highlighted in yellow on the weekly chart. Buy on pullback to demand zone. Entry: 2.86 Stop Loss: 2.46 Target 1: 4.00
AUY has, along with all other miners, performed spectacularly in 2016. Long term, this stock, along with others in its sector, are a HOLD. Short-term, expect some profit taking here at resistance ~4.76
Very decent long setup Several confluence, including Horizontal support 1.09724 Trend line pull back x2 Fibonacci 0.618 High probability level influencing price greatly Previous HH Made Looking for a HL Bears weakening shown by the long wick previously Take Profit:is based upon ABC(D) completion Stop Loss: Below structure support
Hello Traders, Here, I have used the time cycles approach to determine major lows in the FX:NZDUSD pair. After doing little bit of shifting of the WEEKLY and MONTHLY cycle arcs, I was able to figure out that, the FX:NZDUSD pair is currently in a 3073 days or 100 MONTH cycle, on average. This means that every time we reach the end of a 100 month period,...
Given the recent signs of strenght this instrument shows(as seen in the chart) , we have a potential buying opportunity in form of a higher low at or near the level of @58.80ish respectively on a retest of the suport level @58.30ish , where we could establish a long opportunity , with targets @64 and @66 whereas the initial stop loss should be placed @58.20...