QBE trade ideas

simtrader19a Updated 

When price closes above neck line will have a confirmed double bottom pattern Target based on rules of double bottom

D7R

A bit late entry level but breakout is confirmed. RR opportunity is decent for this long term trade www.tradingvew.com

zAngus Updated 

$QBE - QBE INSURANCE - Recovering nicely New 52 week closing high shows good signs of continued recovery. On the lower 15 minute time scale I can see good support has formed above $12.50 - BUT - there is now a big gap between the bids and the asks which needs to close. There are more sellers than buyers in the queue so good chance that $12.50 support wont...

crashman111

note volume at resistance

Sachinsyd

$QBE.AX looking at 12.50 minimum

Sachinsyd Updated 

$QBE.AX solid long term base formed. Fib fractal suggest gap fill target of 12.50 minimum

TomKirk Updated 

7 Year descending triangle -Established downtrend -Huge pattern with a few out of line movements in Feb, Sep and Nov which make entry difficult -Out of line movements, nonetheless, denote the likely direction of the breakout -Will look to establish 80 basis points of risk initially in 2 tranches -In the case of such a large pattern, one of 3 things will cause me...