Aud appraoched its 3rd retest of 1.03242 on a month time frame, On the day chart it has not broken its ascending channel, looking for a lower approach
Open Sell-limit: 1.38963 stoplose: 15pips takeprofit: 60 pips
As AUDUSD approaches a heavily respected Resistance at 0.77196 which has failed to be breached since 2015 early 2016, breaking price 0.7600 will push price back into its intra-day short
Cup And Handle Being formed on the Day Chart and 4H time frame, price is now consolidating and looking for price to head for the highs, looking for price to stay above 80.500 as it it currently being respected for price to move to OB at 91.900
USDCHF has broken its trend line and now retesting the trend , As the dollar weakens looking for price to proceed lower, 200 and 50 EMA has crossed on the 1h, 45, and 30m Time Frame
NASDAQ:NVDA going down today! Until 105 resistance line? Let's see.
AUDUSD WAITING TO SELL ON BEARISH CANDLE ,REVERSAL POINT PULL BACK ENTRY
Hello traders, We completed a bearish Bat pattern on this pair @ 105.89 Price currently lies at around 106.17s This provides a great opportunity to go short on this pair. This pair has been in a down trend. We have completed at an area of support turned resistance and have also put in some bearish divergence. Target 1@ 103.21 Target 2 @ 101.54 SL @ 107.93 ...
1) If price takes out resistance level @ 1.90523 2) longs to 1.95176 which is in confluence with 61.8 fib and 50 MA 3) If 61.8 fib level (1.95176 ) fails to hold as resistance further longs to 2.000 4) If 61.8 fib level (1.95176 ) holds successfully as resistance shorts back into 1.9052 3
As per my previous post I will be aiming for a cover at approximately 0.40. Fading volume follwed by Price Action is leading me to believe this can drop. Happy trading
Hello Traders, Price came very close but if we can actually reach 1.4094 then we have a Bat pattern which completes at the 88.6% fibonacci retracement level. This pattern completes in an zone of support. Furthermore, this pattern serves as a continuation of the recent uptrend. Target 1: 1.4354 Target 2: 1.4510 Note that that we have CPI (inflation) figures...
Hello Traders, We have a potential Cypher pattern completing at 1.2622 if price pulls in deeper. R:R is skewed so some may decide to delay entry and take this at a better price. However since this pattern has a good win expectancy some may take this trade more aggressively at completion. We have some RSI divergence also. We can potentially also dip back into...
In my opinion the uptrend will continue and will reach 122 because,
Bullish on this stock, the book value per share is 2.35 yet the price got scared down to 0.79 because management rescheduled earnings. Sort of looks like a double bottom should be formed once this anomaly is resolved.
Sophiris Bio had a Phase III drug trial test showing the drug was not effective and the market overreacted. The chart has a cash/share value (mrq) of $1.74, the float is 16.78 Million Shares (note today's volume alone is a large part of that), so with a tiny float, more cash per share on hand than the market price, and upcoming results for new Phase III results...