jevanss25

jevanss25

Strong area of Resistance makes for an excellent RRR

jevanss25 Updated 

I believe Momentum is the key to driving a lot of these pricey tech / EV stocks NIO showing signs of another upward move. My TP is fairly conservative but given the stocks volatility, it makes sense to close out in good profit

jevanss25 Updated 

Looking for a short from 1.19180 region - BUT lets see how price reacts when it gets to this zone (wait for downward momentum before shorting!) Confluences; Technical; Strong area of Resistance Momentum lagging Price is ranging Fundamental; EU Covid figures began to show a flattening curve (virus shows no signs of slowing in USA) Risks; Acceptance of...

jevanss25 Updated 

BP Shares have suffered with issues over oil price / demand, clean energy disruption & competition - Price hit a 26 year low earlier this week However, significant divergence in Share Price VS Momentum - small position taken Shares have broken out of channel, looking for a retest + rejection of channel (which appears to emerging at the moment) to give greater...

jevanss25

Posted a short on the daily timeframe earlier, there may be an opportunity on lower timeframes now

jevanss25

EURGBP SHORT Note Dominic Cummings got the boot over the weekend (Key adviser & Very Pro Brexit) - potentially signalling a more co-operative approach from UK on Brexit negotiations However we have the following confluences for a move downward; Momentum lagging Price making lower highs into an area of Support Price attempted to break back above the Support...

jevanss25 Updated 

Confluences: 1) Gold broke through 1934 resistance zone and continued to rise 2) Pull back on Friday to produce wick was based on reports Donald Trump had performed better than expected in the elections however Biden has now declared victory 3) Thursdays rally led to price closing above 20/50/100 ema - Friday held above these levels

jevanss25

USDCHF painting a bit of a confusing picture; 1)0.900 level is a very strong resistance zone, price has been continually rejecting any move lower than this 2) Any break below the 0.900 level would mark a multi year low (price dipped below this level in 2015, however even then it only held below for a few weeks) 3) However dollar weakness is expected to be a key...

jevanss25

Confluences: 1)Despite Friday's rally, price still closed below 20/50/100 EMA 2) Price rejected the .236 Fib level on the daily 3) Brexit Uncertainty likely to hamper GBP sentiment Also this gives a great RRR setup (note - I dont tend to trade before the 10am candle close so this is valid from then)

jevanss25

Confluences: 1) XAUGBP has broken out of what looked to be a descending triangle pattern 2) Price closed above 20/50/100 EMA after thursdays rally and held above this on friday 3) XAUUSD rise will give positive sentiment to gold (correlation) 4) Biden victory 5) GBP weakness seen all of last week 6) Linked to point 5 - Brexit uncertainty / news releases...

jevanss25

Lots of volatility expected next week

jevanss25

Should Gap down on Monday and selling pressure will continue throughout the week

jevanss25

Potential short on tesla - Technical Confluences 1) Price has closed below the trendline established on daily time frame 2) Price has closed below the 20EMA 3) Momentum is making higher lows 4) Lower Volume 5) Price is making lower highs (NOTE - it is also making higher lows so this is not a strong confluence) Other Confluences 1) Recall of 50,000+ Vehicles...

jevanss25 Updated 

Going to be looking for signs of trend exhaustion around 116 area

jevanss25

Shorting - GBP Weakness Price beginning to trade below SMAs Good RRR Offered

jevanss25

Got Tagged into this short earlier today price has broken out of a rising channel, tried to push back into the channel and we are seeing rejections

jevanss25 Updated 

Potential Short on GBPUSD? MACD Divergence Price currently is consolidating (preparing for a sharp move higher or lower) Double Top - price attempting to push higher and being rejected - Followed by a large wick rejection on 15:00 candle (again showing price trying to move higher and being rejected) Small lot sizes only on this one - personally I hate going...

jevanss25

Trend line break EUR weakness key level broken Wait for retest of key level and sell on the rejection of key level