This is not trading advice. Merely hypotheses concerning potential trading probabilities. Do your own research. The Macro is bearish. BTC price fell when the Dow Jones Industrial Average recently fell. However, BTC price did not later rise to any substantive extent when the DJI flew up following QE announcements etc. Accordingly, BTC is not, at least not...
Boeing (NYSE:BA) has fired embattled CEO Dennis Muilenburg, who oversaw the company during the 737 MAX crisis. He has been at the helm since July 2015. 4% up on news of CEO departure. Exactly the catalyst needed for a break up north past the narrowing resistance level. Look for break above level 355-360 in coming days. RSI bouncing back from oversold conditions,...
"Max Gartley" pattern formed. Possible rollback to Fibonacci levels 0.382, 0.618.
"Max Butterfly " pattern formed. Possible rollback to Fibonacci levels 0.382, 0.618.
"Max Butterfly " pattern formed. Possible rollback to Fibonacci levels 0.382, 0.618.
Untested level. Market runs on max pain.
Pretty sure the title and chart tell this tale. Happy trading!
USD-MAX ABCD AND GARTLEY PATTERN
we're on a verge of huuuuge uptrend on LISK guys... dayly charts are just bonkers. were fighting the upper trendline of downtrend channel if we brake it there is no pressure level until 65... and that level probably will mark the end of 1st elliott wave. just look at it :D ain't it beatiful? watch closely if volume onpoloniec overtakes etheres we're goint to tha...
Today happended what every LISK bag holder was waiting for. LSK has finally broken out of downtrend channel and it happened on good volume (its 5 times the usual 24h LISK volume we were observing past weeks) and bottomed twice (A & C) on nice volume prior to that. The pump looks great on every timeframe now and LSK will try to break next important pressure level...
KS on the 1h is bullish which could confirm the breakout but the indicator I like to pair with the cloud is on the cusp of turning bearish I use 1h charts to trade forex but the 3h made me put a hold on my long position because it's just not quite convincing enough yet If we see the KS and TS continue the crossover and the 0.236 line I will reopen and hopefully...
Nice possible bounce at trend line. It goes left of the graph so pan to see that. My indicators agree with the fibs, I know they may be confusing lol. Buying in at 0.79213 and stop at 0.79100 with a pt of 0.8100
no mo going up purpie needs to sit
This baby is still goin and may hit the .786 fib as resistance before the trendline seen hitting bottoms
This a bearish trade on XOP using a 10/23/15 vertical put spread. Go long the 10/23 $32.50 put and short the 10/23 $29 put, with a limit order at $1.17 per contract. The max gain per contract is $233, and the max loss per contract is $117, for slightly less than a 2:1 risk/reward ratio. Hold until expiration.
This a bearish trade on EFA using a 10/23/15 vertical put spread. Go long the 10/23 $57 put and short the 10/23 $55 put, with a limit order at $0.65 per contract. The max gain per contract is $135, and the max loss per contract is $65, for slightly more than a 2:1 risk/reward ratio. Hold until expiration.
This a bearish trade on EZU using a 10/16/15 vertical put spread. Go long the 10/16 $34 put and short the 10/16 $33 put, with a limit order at $0.34 per contract. The max gain per contract is $66, and the max loss per contract is $34, for slightly less than a 2:1 risk/reward ratio. Hold until expiration.