ok OK. Just realised my plan on NZD is ALL WRONG!! 2 REASONS. Reason 1 - USD looks strong against most pairs now due to EUR Weakness from a Stimulatory ECB. SO, Life as a trader is hard enough without picking a fight with USD right now. Secondly, Triangles are there to try our patience! I have seen an important flaw in my analysis, this triangle could have a...
On the daily time frame The NZD has made an impulse followed by a triangle. A triangle cannot Be a wave 2 alone. So i'm counting the impulse as a wave A and the Triangle as a wave B. The NZD finished wave c of the triangle around the time of the RBNZ Meeting on the 13th of Feb. Listening to the RBNZ they saw risks balanced and status Quo they would be leaving...
Bearish Divergence/Bearish Convergence/Bearish Hidden Divergence. Double Top. Breakaway Gap to the downside on huge volume. Gap'N'Go?
Company has a fundamental Catalyst, it has announced that it will double it's share buy back programme. The Elliott Structure looks Solid for a 3 or C buy going forward. Trendline has broken. Intraday Players can look to buy a breakout of a tight consolidation wedge on the 1 minute. Swing Traders can wait for the first 3 wave pullback on the 4H and then buy...
Hi Guys I'm looking for a retrace to into the 109.20s and then set buy stop at 109.60 Move to Breakeven at 110. Could start to lock in some profit at 110.30 but as long as we stay above the 50MA on 4H, I'll keep moving SL to last Swing Low.
Drilling down to the 5 min, the PA in the last Daily Bar looks Impulsive and has broken out of a base channel, so i think this last month of consolidation may be about to resolve to the upside. NASDAQ:INGN
Nice breakaway Gap out of a Triangle Base. Good News coming out and good volume.
I don't need to put a MACD on to see Each Rally has more momentum than the last here. The impatient trader could buy now with a stop at $2.10. If we get a Squat bar on good Volume you could use that to hide behind. NASDAQ:APRI
Buy Stop at 31.88, if it get's there we should get some follow through NASDAQ:CRTO
Have a nice 5x3 at the base of the Retracement. Can use this pattern to Define Risk.
Knowing Ending Diagonal's Mark the end of a Trend, And considering it's at the low's - has the right look, has nice throw under of lower Trendline, has nice thrust up on good volume. I think this could be worth a try. NYSE:DBD
Buy on a break above the last Daily Bar, Sellers all flushed out. NASDAQ:CAPR
If it countinues to play nicely, then Buy D Breakout, stop below A. We have Clear air above 3.33 So start trailing if we get up there.
After Piercing initial resistance, we are now consolidating with an uptick in volume, a buy stop above 2.95 should see more upside, Stop below consolidation @ 2.15. I am long from 2.00 and looking to add.