Within a short to intermediate time frame, we see a potential upside momentum on GOOG while we think as a hedge, it might be reasonable to short sell BABA. GOOGLE ALIBABA BABA GOOG GOOG
details on chart. First idea with basic EW, on the hourly. 11/30 will be fun, but meanwhile, trade carefully!
2,95-2,90 long zone 2,8950 SL --> 3,20 --> 3,50 TP
So... Which one is it going to be? Long? Short? Both?
Bear trend on NZDUSD shows potential trending support and resistance.
EURNZD had formed a double bottom and retraced 61.8% to give us an entry for a bullish 2618 trade. At the 127% extension where profit is commonly taken, 3 bearish harmonic patterns may present themselves within a tight PRZ. On the higher TF, a larger bullish shark is emerging. Trade 1: Bullish 2618: Entry at the 61.8% retracement level SL is placed below...