MirekTrading

MirekTrading

EUR/USD bouncing off trendline and horizontal support, RSI bouncing off bottom and MACD looks like it may turn. Near term upside target around 1.11155 or the MA. Stop loss below support.

MirekTrading

XME ETF seems to have bottomed and breaking thru and trading above all kinds of resistance (trendline, 200 day, SR level) with some strength and momentum. Target 33.00

MirekTrading

Copper on the daily time frame is breaking out of an inverse head and shoulders pattern off of support 2.49 thru resistance 2.74 with strength and a little momentum. Target price 2.96 Downside exit below the 200 day avg

MirekTrading

After failing to trade back above the 200 day MA, BTCUSD may see further weakness if it breaks the yellow broken line. Target 6000

MirekTrading

A strong bounce off of several levels of support (horizontal, trendline, MA) with good volume and momentum. Upside near term target $60 stop loss below 54

MirekTrading

EURUSD trading in a well defined channel with the 200 day avg as resistance. MACD rolling over and RSI room to go before it reaches over sold levels. Target price are the support levels, either horizontal or trend line. Stop loss if above 200 day avg. Time frame short term.

MirekTrading

Higher lows in macro view going on. In micro view we have a W bottom, a Golden Cross, bounce off of support with growing volume (not shown here) and MACD turning positive once more. Price action will need to break resistance above (in blue) and re-test as support. Price target 30 in next 3 months. Downside exit if resistance holds and price action back below...

MirekTrading

PFPT poised to breakout and trade into the upper channels. longterm uptrend with tops going back two years. I would also point out an inverse head and shoulders pattern within the same 2 yr time frame. This time, ever so slightly, higher highs and a sequence of higher lows with good volume, regaining strength and momentum. I think it's going higher. Price target...

MirekTrading

In the 15 minute time frame Crude Oil looks like it may be reversing course poking thru Trend and SR line gaining strength and momentum. My upside target for the week around 54.70

MirekTrading

What we have here is a failure to make new highs in no overbought conditions, RSI turning early. A break in trend with a gap which now became resistance. A fragile 200 day Moving average. A reversal that could be just gaining momentum. MACD crossover with room to go lower. My thoughts are that the 200 day MA is not gonna hold this time and the lower support levels...

MirekTrading

With a sharp sell off on more than double the average volume as well as coming off a double top and momentum and strength coming out of the stock, AZO maybe in for a reversal and a more meaningful retracement. However at the moment AZO is sitting on plenty of support I would need confirmation of a break in support to put on a short position. If that happens all of...

MirekTrading

Oil held the 53 dollar level which was also neckline from previous breakout and currently has broken out of short term wedge. If it could manage to continue to trade above the moving average and poke thru the 64 dollar level, then a re-test of the 76 dollars is probable in the next few months. Both RSI and MACD on the daily and weekly are good. If my thesis is...