spotlars

spotlars

EURUSD is currently in a descending channel on its way tlward the third lower touch. We have begynn to se the start og the impulsive move downards, and now there is a valid trade entry opportunity. As visible on this chart, there is a flag with large Downside potential. But if you go further down on your 15m charts we can clearly see that the flag consists of a...

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It appears as if AUD/USD is creating a large bear flag with a small bear flag located at its beginning, as visible in the upper left corner of the bear flag. Which is known as a falcon flag to a minority of traders. Although it appears as this flag, we have currently just gotten confirmation for the second touch. This can be a valid short term sell, but you must...

spotlars

Good indicator work here, you can not see any price but that is not important. The two balls and staff pattern is very reliable

spotlars

From the data we see om the 3M (MMM) chart, there is a possibility that we may see an inverse head and shoulders pattern, considering 3M drops their quarterly report in april, and that they are a big producer of infection control, the fundamentals may also be with us on this one.

spotlars

Look at mye previous analysis of Akorn, this went exactly as forecasted. Hope some of you rode the 12% move up today.

spotlars

Please like and comment your opinion, so we all can learn. I have now drawn on the new valid trend lines and bull falg structure. Price is currently hovering just below the upper trend channel of the "to be" Bull Flag. When price breaks, possibly on monday. We may see large impulsive moves up. High risk high reward stock atm.

spotlars

If you like the analysis, Please Like and Follow me for more. View my previous post of Akorn inc. I evolved the bull flag slightly and found the bottom line the flag respects. An entry at current price would be ideal.

spotlars

The price of akorn inc. recently dived due to the news of possible bankrupcy, in addition to a Head and Shoulders pattern. Price has most likely reached its low and will likely impulse in a new continuation, confirming the Bull Flag. Price has also hit the bottom of a high time frame expanding structure and will likely go a lot higher. Many sites and analysts...

spotlars

Possibility for long term Buy of Eur/Cad. If price respects the double bottom area and rejects of it impulsively we can likely see price ranging towards 1.5. If price then breaks upper HTF trend channel, there will be massive potential for high percentage returns.