Seems like a possible reversal on the daily, in smaller timeframe the channel formed, if price breaks above the horizontal resistance it will likely continue upwards.
FIS has been able to continue an uptrend for some time, I'm looking at a strong resistance area that could push the stock back down to its major support line. If the price can reach 158, then there's a very high probability that we will see a reversal. I do not recommend entering a trade right, be patient, and let's see how the stock moves.
BBY has been pounded down for the past few days, its finally formed a double bottom. This can also be seen in the RSI where its bouncing perfectly. I am very bullish on this trade.
EURUSD had broken past an upper Fibonacci level and retraced back down consolidating it as support. RSI and wave trend are setup nicely for bullish movement.
AMD has struck an upper Fibonacci level and seems to be forming a double top on that area. RSI and wave trend seem to confirm as well as a multi time frame analysis.
After a move down from forming a double top, a double bottom has formed. Leaving a good opportunity for a long position. Its touched a strong support line and RSI and wave trend are also setup nicely for a bounce up.
Price has struck as strong resistance trendline and seems to have formed a double top, RSI indicates the stock is overbought and wavetrend is in upper level. A short position looks good with a take profit of around 145.2.
The previous prediction was correct, a double top was formed and price broke under the significant area. It's now retracing back up, signifying that it is in fact a resistance area. This presents a good opportunity to get in shorts.
It's a very basic analysis, EURUSD is entering a significant area which could act as resistance. Watch for sideways movement, which is a good indication of a possible reversal.
