GOOG has closed upwards of $1,054, forming a nice bullish candlestick! So, despite the great candlestick formation, there are some worrisome signs brewing in the Bond & Gold Markets, as well as in the Volatility Index. This means that if investors start heading towards safe havens like these, the stock market should take a pause and/or pull back. As a result,...
BUY XRPUSD if it closes above $0.2531 on the 60 minute chart with a target of $0.2920, for a potential gain of ! This coincides with the 50% Fib Level, from the May 2017 High to the July 2017 low. Stop loss should be placed at $0.2399, for an approx. 3R. Happy Trading! Lindosskier
Fib Extension of 1.272% at $487 hit today!!! High of the Day was $487.51!!! I hope you sold half of your position, as suggested in my original post for a 33%+ gain in 3 days!!! Now, ETHUSD should take some time to rest and then, continue its uptrend towards the next Fib Level of $580, or until the price action warrants that we close our position. This would...
ETHUSD has cleared and held the $352 level and besides a couple more resistant levels, it is set for $580 and $685, or a 60%+ potential gain. Stop Loss should be placed at $345. At the 1.272 Fib Extension ($487), I would take 50% of my position off and trail the other 25% (by using the 21 EMA on a closing basis) until the $580 level (1.618 Fib Extension). The last...
As of today, FB has closed with a nice solid candle to the upside, breaking a 3 day tight consolidation range, on top of the 0.618 Fib Level. If we take the Trend Based Fib Extension tool and use the low of July 2017 at $147.80, the high of July at $175.49 and the low of $161.56 in September, our conservative target at the 100% level, brings us to $189. Stop Loss...