strong resistance on 15893 or purple line. cup in a cup continuation to the down trend line of current trend
Short with stop loss 14992 target 11500
when double bottoms finish they will be starting a cup and handle patter. sell (+-)100)14669-^ entry at green circle. double bottoms into cup and handle reversal downwards
UKOIL made shark harmonic pattern it's started on 26 September (the pattern took a month to complete) it's not clear till now if it will decline or will continue rising and try making alternate shark. Now we have entrance point, the targets and stop loss (marked by green and red lines as usual) Thank you ----------------------------- Do not read and leave like,...
Very fine Shark Pattern, in DAX weekly chart. See the double top on the chart, and compare it to the lowering top on the 21 RSI. Comment what you think.
the plan is to wait price in resistance area and look for a high risk reward short position , then exit at support level
Ascending rectangle broken with a decent volume level, sell order 9.13; stop loss 9.31; take profit 8.3
A breakout out of the H4 support zone is possible.
try to find an short entry under the daily down trend resistance
Siri has formed a head and shoulders pattern after a strong uptrend since it was $0.04 in February of 2009. Some notes: - Monthly indicators show the stock is well overbought and due for a pullback. Daily indicators show the stock is oversold after pulling back from $5.53 (52 week high). I would look for the stock to consolidate momentum near the neckline prior...
currently waiting for my short entry
2017 Whole Foods has multiple 10% swings and upcoming resistance lines may be a 10-20% short opportunity
Price has formed a ascending triangle with resistance being a major level price has bounced off once before and if it bounces again now I'm expecting it to go down and break the lower trendline A retest of the TL will add extra validity to the trade meaning it is a good idea to enter short
Looks like the next hours or days a potential bearish cypher pattern is setting up and giving a nice opportunity to short at FX:AUDJPY . The XD 0.786 retracement right above last week's R2 pivot zone. So I'd suspect the potential reversal zone (PRZ) somewhere between last week's R2 pivot and this week's R1 pivot. Once the pattern successfully formed, check for...