so this looks like a H&S if pattern holds good place to short be around 4.5 TP#1 being 3 doubt we hit TP#2 around 2,40 tho but never know unless in :) my sl is a bit conservative it should prob be bit over 5 :) depend on how you enter i will wait till see some downtrend with entering then hold from there and it should be ok with even tighter sl
NHY trending down on the 4H chart and has tested the trendline twice. Short opportunity will be at the next test of the trendline. MA 40 will be my trailing stop.
I expect a big UP for QEC. Quebec is approving fracking again Nat Gas prices up too
For confirmation, use renko 1h + MA8 crossover. Hold until renko negative crossover MA8 CCI seems to point to when its GO! just keep an eye on it Its a clean and simple setup, you should not be able to do wrong here. Company has attracted new investors and something is brewing, new members of board to be elected 21 june 2016. Please do your own research on...
Bullish bat forming, but more left on the down side for Norwegian oil company. Note: Publisher new to harmonics, used for training purposes.