Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
After trianlge completes, look for another corrective structure. If the corrective structure is down, then this means the trend is still up. The corrective structure will probably last only 3 to 5 days. I think the Market is over-valued. I'm on HOLD for this market, until I see prices return to reasonable values.
Here are the tentative zones where I plan to put my stop order--long or short, depending on the next sentiment after the Brexit Appeal tomorrow morning at 8am (UTC+8). www.fxstreet.com W: D:
Google has been trending up nicely. If you missed it, what should you do? TRENDING UP, BUT PAUSING - Long and medium term trends: up. - Short-term: high flag consolidation ongoing (same as NASDAQ). - Short-term technical indicators: turning negative? - Would like to see a break/hold above $819 for a continuation of the uptrend. MANY UNCERTAINTIES - Toppish...
30 day Weighted Moving average is showing relatively no movement. Wait for movement before before buying or selling.
Simple and straight forward.... No "QE" = Chop City See other charts for more detailed lines
GBPUSD: The pair has paused its weakness at its key support leaving risk of a return to the upside on the cards. Except it breaks and holds below the 1.4130 level, risk of a move higher on correction is likely. On the downside, support lies at the 1.4100 level
Right before earnings I'm going to be following this stock. I need to look more into the industries momentum, but this stock is looking great. I closed a earlier position and looking to re-open soon. I'd say look for the 40 mark maybe a little higher.
We have a nice strong channel from the 29.2.2016 and the price just touch the it. The demand zone with 50 % fib retracement can hold, and push price back to supply zone at 1.47000. So we can see the nice forming HH ( higher high ) and HL ( higher low ) formation. This we use to find a potential trend reversal. Have a nice week !
The GBPUSD has multiple times bounced from the purple boxes but is now ready for a second retest. We look to short it when it comes back into the 1.537s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We can also see that we are currently retesting the blue trendline which hopefully holds and help us...
The price is continuing it's down movement towards a 61.8 % Area , Tomorrow will probably be a reversal day, But we can only Assume. Basically If You're already short - Hold and Trail, and if You're looking for an entry - don't try to catch a falling knife, or Just Scalp towards south. Sincerely to Community.
We think 1120 may hold this GOLD prices and continue higher
We are revising yesterday's EWZ order to a $22/$20 vertical spread (long the 10/9 $22 puts and short the 10/9 $20 puts), at a limit order of $0.67 per contract. This will give us a max gain of $133 per contract, and a max loss of $67 per contract. Hold until expiration.
With both MA'S on all Higher TF'S above candles giving a good signal this is a long. Price has broken Monthly resistance possibly completing wave C signalling the start of wave d. ?
Computer Modelling Group (CMG.TO) is counter cyclical to the price of oil (WTI). CMG appears to have just had a a break through to buying levels as indicated by MACD. In brief, RSI appears at a neutral 50% level. Implied share price is 15.37 (27% return) - using Gordan Growth . Suggestion: Hold
EUR/USD Trading in Large Triangle. support line hold
Very detailed S/R X Fib analysis.