The market is about to complete a crab pattern, upon completion in the potential reversal zone, the market should retrace back to the 1.618 fib of the BC leg. please like and comment and don,t forget to follow me. Good trading !
I've been following this Penny stock down for a long time now, i thought it would be profitable when the marijuana laws became more relaxed. I have been proven wrong and taking a %100 loss.
A very simple and quick analysis of AAPL stock. As usual there is not much reason to be bearish on AAPL (Apple) stock, with the release of its new products and a game changing new watch, there are no major fundamental signs or technical indications of a fall in price. After the usual post announcement pull-back and consolidation that seems to affect Apple, we...
The strong U.S. dollar since late summer, on the back of a possible Fed Funds rate hike later this year and on an improving economy, has meant weakness in many other currencies across the world. This combined with a bear market in many commodities has directly resulted in a sluggish Aussie dollar. USDAUD has been trading in a well-defined uptrending channel since...
The stabilization in energy prices lately has meant relief in some oil & gas stocks. Halliburton shares have been one of them, putting in a series of higher lows since mid-January. The pullback in the previous two weeks sets up for a low risk buying opportunity (stop loss under $41.90). HAL is now poised to fill the gap from November ($46.70-$47.50 range) in the...
EUR / USD all time low and all time high 61.8% Fibonacci retracement level EUR / USD manage to stay above 61.8% Fibonacci retracement level for the 4th week in the row. EUR / USD looks like it did find support at 61.8% Fibonacci retracement level. If going Long, you may place the Stop Loss below 1.1090
Closed manually from short and running up with S/L to be considered as reversal point (@0.7780).
Still continuing yesterday, with S/L to be considered as reversal point (@1.5160).
#BUY / stop-loss 176 / target 225
Which way will we go? In-position: -Stop Loss: $595 ~ 599 Sleeping in fiat: -Buy: $621 onwards
OPEN POSITION AT 0.87958 TAKE PROFIT AT FIRST TARGET 0.84535 STOP LOSS AT 0.88714 NEXT TARGETS AT 0.82482 --> 0.80822 --> 0.79163