We might be cought in sideways within the red channel for another 20 days. I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago. The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ). The question is what will happen after the yellow box? The red box...
Idea about what's going on with GREK. It obviusly went down because of the head and shoulders but will it bounce back to ATH levels or dump with Europe crash in some months?
A typical bull pennant with diminishing volume at the end. Whales might try to run the stops bellow 372 in a very sharp move. This trade idea becomes invalid once price reaches the apex of the pennant without any significant action.
Seems like it's forming a Head and Shoulders figure. Should go to the old resistance line (Now support) before continue with the rally if the figure is confirmed.
Simple perspective setup made of structure resistance zones, and Fibonacci levels.
I've formed a new bias on eur/usd - in my opinion it's likely eur/usd is going to retrace after all it has been plummeting since 2014-05-08 and we are also a at a pretty big resistance level (to see that you can squeeze this chart or take a look at the weekly), we now how a possible double bottom with bullish divergence, massive one. So now may be the time...
tight stop of like 40 pips target 107 and keep 1/3 for lower targets
1. Channel 2. Waiting for a double top 3. RSI_7 and Stoch_8;5;3 were over sold 4. In a case of double top will I be looking for RSI or Stoch divergence. 5. The bullish trend-line was broken. Waiting for the double top and divergence.
Everything can be seen or read on the CHART. 1. Winter Demand UP 2. If Dollar goes Down Price(NatGas) UP 3. Positive Technical Analysis 1.+2.+3. = ====>> to rocket UP; explode(?)
It remains that the ongoing improvements in unemployment, a lagging economic indicator, coupled with a solid recovery should eventually lead to a rise in wage growth. As a result, the current weak earning growth may not reflect the current health of the job market as it is an even more lagging indicator than unemployment. Furthermore, the 2-3% rise in the national...
After a solid hit off the .618 retracement from 124.13 in 2007 to 75.55 in 2011 at 105.43. How Bullish are you ? *for entertainment purposes only*