This is where I play a sell position at the key levels. By no means am I saying its going to melt through the floor. Don't need that to be profitable.
Message me your thoughts or if you want to learn more. Entry and TP etc reserved for free clients.
Only serious market reverse will stop US 30 hitting new highs. All indicators suggest tp1 of 25701 and tp2 in range of magic 27000. Moving currently in a predictable channel so suggest entry between 25630 and 25566. Bulls to outrun bears before major correction. Always consider protection from loss from any trade idea (The Market knows best) so suggest 5% or...
Happy Sunday Traders,
This pair is currently pushing down very strongly on the daily chart and is approaching a Weekly Support Zone. This is an area that GBPCAD has tested multiple times in the past as support and is possibly an area that we could see a nice counter-trend bullish bounce out of this market. For that reason, I will be looking in this area for...
After the big drop, we see a recovery in the price of the stock.. At the point we have reached, there are indications that the positive outlook in the stock will continue..
First of all, when we look at the daily chart, we see that the downtrend has broken upwards and the price is below ma20.. Also, the RSI is now above (42) reference values, which seems very...
Dow Jones is back at a bearish trendline and appears to show rejection. Would be a good place to short here after todays spike up providing a high reward:risk short trade entry.
Stops above the trendline and highs, being conservative with 200 points or more.
Profit targets at the previous lows around 22,900 and then final TP at a lower low shown on the chart.
As i published in my last report btc formed a fake bull flag, whales will be selling on this zone to after that drop.
With Markets Under Siege, It's Time To Consider Serious Portfolio Adjustment,
With the stock market in an unprecedented period of volatility, we are all sometimes forced to make tough decisions. The recent turn of events around the...
to be clear, and not look at youtube knobheads....
the BLX on Weekly or daily time frames with YOPE on log shows we are just heading to the LONG term bottom line like many times before. more blood? probably but it might hug that line for another 8 to 12 months.
Share this. it's normal!!!
the wilder ups and downs since the last ATH to now from pervious bear...
With the events that are currently spurring around the world it poses a great question as to whether a bear market is possible to be sparked in this climate. Only time will tell, but the historical trend line on this chart by itself looks plausible...
50%+ declines have been seen numerous times throughout the past 100 years, and as its been a longer than usual...
Hi guys. As we can see the price is going up after touching the resistance line and the new target could possibly be 296.
If the stock beats this price (296) it will shoot up to 320 or more.
Besides it is quite above the moving average (60) so it indicates an upward trend.
Fibonacci retracements were also used showing that the price broke one of the...
Monfex is at your service and today we overview Twitter.
Twitter reported revenue and profit in the third quarter below forecasts, explaining this by problems with advertising, as well as unusually low demand during the summer.
TWTR in a little descending channel and a large gap of -10%+ that has a pattern of fill, so we can expect some rise...
The German DAX has retraced into an interesting cluster of support which is worth being aware of. Recently, the market has risen into a consolidatory phase which produced a triple top. The third top was followed by a sharp retracement and that’s where the market stands at the time of writing.
The following Analysis Points (APs) will guide you through some of the...
Appears to be a build up of Sellers at around the 15.50 area, watching out for any strength in the USD could take price down further to a support line at around the 13.90 area and to a price squeeze. With the stock market potentially heading south, silver could be heading that way also as money is attracted to Gold.
I'm in, short on the XAT, following initially a 30-min microtrend which is coincident with a potential turning point on the Weekly time frame. In effect this could be a microtrend nested in a macrotrend at this point in time.
In the screencast I show the evidence of a setup that is approaching, for a nice controlled loss. Loss? Nobody want's to hear about that - but it is exactly what we do!
1. Alternate ABCD pattern with a C-point at 50% (Scott Carney criteria).
2. Zone of congestion.
3. Probabilities for the south based on ATR-based indicator and GMMA.
Great buy opportunity for ULVR at current levels, weekly stick looks to be shaping a low test candle, fantastic fundamentals with many brokerages raising price targets.
Look to take stock up to rent highs with small risk. 1:2.8 risk reward