Arcelormittal is in a very nice and clean corrective structure after a sharp impulse to the downside. Expecting a new impulse down soon as MT is getting closer to its decision point. My first target would be the previous low at around €6.000.
It seems like Ford has bottomed for now and is making a bulling flag on the weekly time frame. I am anticipating on a move up to the resistance of the bullish flag, at least.
Sell the break out to the downside. I'm in this for the long term.
Impulse - correction - impulse. One more leg down towards 85.00.
It doesn't look good for Twitter, I think there is more down movement to come. Impulse --> correction --> impulse. Sell the breakout.
Short term trade (1 - 2 weeks max). Anticipating the next wave down. Current Price: 1.56800 Target: 1.55350 Stop Loss: 157300
There is a triangle forming on the daily timeframe. I'm anticipating on a move down, however I'll wait for confirmation before entering the trade.
Using logaritmic scales might help with understanding the bigger picture of why for example Bitcoin is shooting like a rocket. Take a look at the first image below, the only thing it actually tells us is that the graph is showing exponential growth. So, analysis based on linear scales is not going to help us much. Pay attention to the blue circles and the...
EURNZD short set up. Breaking down the structure.
Sell the breakout. I'm aiming for a trend reversal all the way down following the red arrow.
AUDJPY looks ready for another wave down.
BCHUSD broke out of the descending triangle, providing a great long opportunity.
Coin fanatics might remember this type of pattern. TP1: 2.25 TP2: 4.50+
GBPNZD already broke support and is consolidating. I think we can expect more down movement. I'm bearish on most of the gbp pairs.
Already broke out. Aiming for a gap close to 11,5 at least.
Trading strategy on the lower time frame. Sell the breakout either up or down. Trade with care.