I'm anticipated a break-out to the upside. www.marketwatch.com
Good risk/reward potential short set-up!
Price finally hit multiple points of resistance. My opinion is down move good for 50-75 PIPs, but watch for good support in that area.
Price action had a strong break of the trend line giving us a downward bias. Also, Canadian currency should do well with gold and oil starting to move up. Good Luck!
Gas and Oil prices are poised to do well in the near term. Small companies in this sector that have been beat up - price wise - should provide a good risk/reward ratio.
Here's a short-term play with a tight stop and good risk/reward ratio. Good Luck!
I'm currently short, but will reverse my position if the Neckline is Broke. If this plays out, it will be a nice 300 PIP move. Good Luck - Cheers!
This ties in with my longer term analysis - buy dips as long as trend line stays in tact. Good Luck!
We are entering the sell zone for the H&S pattern. Watch for a good entry point.
A lot of exiting things to happen in the next few months with the legalization of recreation MJ!
Possible clean break from long developing neckline. Be patient for a good setup to enter short if price retests the neckline. Good Luck - Cheers!
As long as the trend line holds, I will be buying dips for the next 6 months.
It looks like EURUSD produced a downward slanted head and shoulders pattern within a fibonacci channel. Watch for possible short opportunities when daily becomes over bought.
Price is at trend line support. Good risk/reward ratio to go long if trend line holds.
It looks like we might be approaching a longer term trend line support for Gold futures.