EUR/USD technical overviews: *-Downtrend channel *-Strong resistance area at 1.3000 *-Nice shooting star candle signaling slow down in price momentum *-This pair has a unclosed gap since 2017 at 1.0800 #TradeSafe
0_0 CAN YOU SEE WHAT I SEE? MARKET CREATING LOWER LOWS SHOWING STRONG MOMENTUM TO THE DOWNSIDE. CONFLUENCE OF THE 61.8 RETEST OF PREVIOUS BROKEN STRUCTURE WE WILL WAIT FOR FURTHER CONFIRMATION SUCH AS BEING PATIENT AND SEE IF IT MAY ALSO RESPECT OUR BEARISH TRENDLINE. LETS SEE WHAT HAPPENS!
EVERYTHING IS HIGHLIGHTED ON THE CHART.... BUT IF GOLD BREAKS THIS LOW TO CONTINUE LOWER, IT GIVES US A STRONG GENERAL DIRECTION FOR USD CROSSED PAIRS ;)
MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga. Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives?? Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL. BY Investars...
I am selling a hammer pattern that indicates a reversal of the price to a down trend. The stop loss will be at the top of the hammer and the gain at the 100% fibo expansion of the pivot.
Well , I have two or three reason that the EUR/CAD is going down as I think that we have take short position first reason as you see , in the daily chart , the price reached the top of the ascending trendline border and the a double top pattern is made creating a two year major resistance ... as well as I read before that there may be a hike next april for the...
Strong Sell Position EURCAD is in the top of down-trend channel. Targets: 1- 1.545 2- 1.541 3- 1.516 4- 1.461
Strong Down Signal if the Prices hits the Support (now Resistance) Line again.
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i`m expecting to fall more and strong , hence for shorting might have some moves up base on pivots but they are not strong to change short trend! be patient and take profits :) Good Luck!
After a bearish week previously I am looking for additional trades short after profiting from the initial break of the inside trend line. A little retracement up to 1.2400 area could provide an optimal short opportunity with targets down at 1.2500 with a 2:1 risk reward. if market does not retrace, a strong close below 1.23113 will also provide a decent shorting...
Additional info: Long, bearish Engulfing Candle that's longer than the previous bullish Engulfing Candle is a very strong sell signal In fact the bearish Engulfing Candle is the longest candle in the last couple hours (also a strong sell signal) Finally - the bearish Engulfing Candle has crossed through MA 10, 20 and 50 and closed below those MAs (another strong...