Selling this break may be a good idea - back to TL (purple) and may continue to go back to test top, but this may be the move back down (green). Make sure you have a strategy for selling the breakout - lets see if we get it!
Uptrend broken at top of weekly structure with a daily pattern that suggests correction time may be here.. the 60 min uptrend looks corrective so selling the break of this uptrend down to around 144.50 or below looks like a good idea. Use a breakout strategy you have tested - this is not a 'signal' to sell 'now'.. it can still crawl up more.. but time is near to...
Many ways this structure can develop - flat / running flat / triangle variations.. however all look to have a sell of the break as a good idea. I am slightly bias to Yellow.. Lets see.. Happy Trading!!
Looking for a move down to the trendline.. keep and eye for the break of the uptrend on the 60 min..
Watching how this triangle structure forms on the 4 hour. There are a few possibilities for development, but once over expect a move down to daily trendline and possible more correction or start the weekly move down -- its all in the chart. Happy Trading
Beginning a move up from the BOTTOM - its a $1 stock. Most of these will go bankrupt. But this one has some nice data behind it and vaccines for Zika/ RSV etc in late stage clinical trials. keep this idea and look at in 1 year - stock has some predicting $12 -- if we get to $10 that is not doubling your money.. its 10x! Oh did I mention the BIll and Melinda...
We are at a weekly/ daily trendline low - looking like a good time to look for some upside on this uncommon pair for those interested in looking at something a little different this week :) Happy trading!
looks like a good idea.. happy trading!
we are at a point on the 240 in Gold. one more up.. or break to the downside.. either way looks like a good time to look for a trade in the pair!
If you did not get the buy setup under the trendline, you may get a second chance.. look to buy the break of the flag setting up look like a good idea. Happy trading guys!
Is this the turn .. or start of a pullback correction for more downside..
Pretty much in the chart.. be careful at lower trend line... happy trading!
Weekly would make a Head and Shoulder pattern. Daily we have a 60m triangle inside a 240 ending diagonal.. (Rising Wedge for non-Elliott Wave folks) Setting up for a nice sell SOON! Watch this one next week. Happy Trading..
Daily channel in place, but looks to be losing momentum may be time for a weekly corrective structure even if more upside is viable. Happy Trading!
I have taken the daily and cloned some boxes for time and movement in this pair. interestingly in the uptrend you will see the down moves within are very aggressive. If we have a similar move up as previous there is still some to go but you may really want to be keen on finding the end of that move as the down move may be the best to catch to make some really...
possible scenarios - may have one more move down, however I am only looking for the buys. Pretty much obvious in the chart as to my thoughts.. if you understand wave theory - impulse - correction - impulse - then you know I am seeing this down move as corrective and looking for the next up impulse (yellow would be nice) but will take the blue up to trendline and...
A 60 min flag here would be nice for a sell set up!