The BBand squeeze in March would have worked out nicely and some may still be in that bearish trade. A strong bearish move below 185 would be a likely entry and 155.00 as a first target.
If INTC rests for a few days before crossing 34.75, then consider an entry above 34.75 If it does not rest, consider an entry at 35.32
BIG bearish. Watch for some support around 42.00 but I think it has a great chance of making it to 38.28
I believe $RT is ready for a pullback reversal 5-5-15 My levels are as follows Entry: 7.25 Target: 7.75 Stop Loss: 6.90 Good luck and be safe
PRICE IS STRUGGLING AT AN IMPORTANT STRUCTURE WHICH HAS ALSO FORMED A SMALL DOUBLE TOP. PRICE ACTION IS SHOWING THAT SELLERS ARE PROTECTING THIS LEVEL. THIS IS LOOKING LIKE A GOOD OPPORTUNITY TO GO SHORT IN LINE WITH THE DOWNTREND. IF PRICE MANAGES TO BREAK THE STRUCTURE LEVEL THEN THE NEXT LEVEL TO LOOK TO SELL IS AT THE 200 SMA WHICH HAS BEEN ACTING AS A DYNAMIC...
Usd/cad just broke the channel after hitting major PRZ (potential reversal zone) on weekly. Now we are waiting for pullback back to the previous channel low. Combined with fibonacci retracment 50 and 61.8 This could mean the first strong setup to the down side after long time. It is important to catch first setups of the new trend and it might go down so fast...
Through out my time swing trading i have found that there are some desecrate tools and information i must look at in each equity before i make my final decision, certain criteria like Short interest , days to short , SQZMOM indicator along with a sweet chart that channels up. 1. it all starts at finviz where i search up stocks that fall under the lower priced...
POTENTIAL FACTORS OF CONFLUENCE + With the Overall Bearish Trend + Contact With Trend-Line from the highs at 0.800 + Price Approaching Daily 50 EMA + 50% / 61.8% Fibonacci Retracement From Highs at 0.75912 + Approaching a Monthly Pivot Line (Light Purple Dotted Lines) + Approaching a Yearly Pivot Line (Dark Purple Dotted Lines) EDIT: IGNORE THE 50% FIB FROM...
SP500 fell lower but gain back all its losses quickly leaving a pin bar on the chart. The trend is bullish which add weights into this trade. My first target would be the resistance above at 2,117. Why I go long: Bullish trend Pin bar with long wick Price rejects the 2,089 support level
Sentiment has reached 95% bullish. Sentimenttiming.com has had the February 5th-9th time period as a otential turn lower. The low date will be withheld for members only--but shorting this rally using sds is a good trade set up. Layer in 1 block here and if sds heads to support 2-layer in 2nd 1/2-is my trading plan. Expecting a push back up to the December...
Ladies and gentlemen, it's about time i come clean here and share with you my secrets of success in trading the stock market. It is no secret that many expert traders make outrageous claims about the market not being perfect and that it can't be predicted, and that it will always be 50/50 percent chance of success and failure. Well rest assured that their claims...
$IYT - DJ Trasnportation Average Ishares is in bearish slope, the crown top formation on Dec'14 and broke of 160.60 key level rang me for changing behaviour from Bulls to Bear.
Pros: - Clear head and shoulders - High vertical distance - Nice volume contractions - Volatile stock - Average short interest (1.77%) - Rather close stop Cons: - Right shoulder is slightly higher - No clear longterm trend As you can see my suggested trade setup gives a risk reward of 2:1. If the stock behaves nice and breaks down, i think this is worth a...
Last time I've traded the $EURGBP, it was after a long setup we had in the Elite Zone when this pair touched the bottom of a trading channel and a strong Fib confluence support zone. Now, after retracing 61.8 of its previous upward swing, is it time to buy $EURGBP again? A cross back above the 0.79 resistance zone will confirm possible higher move, maybe to...
$GBPUSD reached an intraday key resistant @ 1.6200 area. At Daily Time Frame, GBPUSD already tested Weekly Key Level @ 1.5880. There is bullish reversal potential here for long term look, and I am expecting It will build Inverse Head & Shoulder, where the 2nd should should be supported @ 1.5950.
After breaking above the upper channel of consolidation at ~1.1035 on the daily chart and rallying into previous resistance at ~1.1185, is it time for a retracement back into the moving averages with today's bearish reversal bar? RSI bearish divergence seems to warn so in addition to the Fibonacci extension levels where price has reached 200% of the previous swing...
SETUP for a Swing Trade with 5 to 1 and 10 -1 risk reward. ENTRY Range, Initial STOP, and 2 different Target levels listed on Chart. Any Questions happy to answer how I use this setup to make consistent profits. Setup= 1. Bollinger Band extreme with strong bullish candle followed by 2 days closing above that candles low. Pattern has repeated again and again. ...
EURUSD: It is clear short term momentum is bearish. The 1.3300 level has been compromised and at the moment there is no sign of strength returning to this market. That is FOR THE MOMENT. Things change and I recognize price is now entering a broader support zone that is based on the 1.3100 historical support that dates back to October of 2013. As a day trader, I am...