Observed a breakout from 47.90 - 48.70 with a single candlestick that shows strong bullishness in the price action. It has been correcting a while and today reached to the previous resistance and confirmed support. Next Target: 53.13 SL: 46
The fundamentals are great, every month the company is becoming more and more important. Tecnicals only if we break the trend we can go bullish in the long term long >75.11 SL 73.96 Target 82.69
Looks pretty bullish if we can break the 1.81, the risk is low o n the 1.4 and the target in the long term could be on 2.8
With continuous gain in volume and up-trending moves, it is making new breakouts very frequently and today I observed the same. I expect today's breakout will speed up its movement to 520 levels. Target 1: 520 SL: 480
Just from using the Accum/Dist indicator it shows that there is a lot of upside here. Yeah i know the reason as to why the stock collapsed, but if you bought at the lows you are looking at huge gains in just a matter of days. I think we could see a move towards at least $1.50 in a very short time.
Entered a short last week on and got stopped out. However with possible shooting star reversal, and the pair entering back into the bearish region. I will be shorting this pair yet again.
Some possible trade ideas on XAGUSD in the coming days, could go either way so follow it closely.
If we see teh cande close below resistance line buy the breakout
POTENTIAL BULLISH GARTLEY PATTERN COMBINED WITH STRUCTURE
1 hourly and 4 hourly are heading toward a strong daily resistance area coupled with a supply area. Although we see the supply area tested many times, it is holding. Overall bearish daily outlook. The 1Hr has broken its steep uptrend, now we just wait for 4Hr trend line break. Once this is confirmed, we will look for the ideal 1hr retracement or breakout trade to...
Target is predicted at 0.80500 = 500 pips. Good Luck!
Hey traders, Small disclaimer, this trade will not be taken in the account i trade with you guys, the reason is i have restricted myself to only patterns to help teach consistency in your trading plan. I do want to bring to your attention this structure Short on EURGBP simply to show how combining different key factors you can create a strong reason for entry....
GBPCHF broke out of the flag of the bearish flag patter confirming it. Consolidation and retesting of the previous support now turned resistance happend and the price is now moving further down with the next possible consolidation area at around 1.4290-1.4190 before going further down towards 1.38 which would be the end of the bearish flag patter. Above...
Gold looks like its setting up for a bullish breakout. Targets on screen. Trade with caution! We all know what GOLD can do!
Netflix has been trading in a contracting range. Seems to be forming a wedge. We are currently at support and seem to be forming a double bottom which could signal a wedge breakout. Our first TP should be at the top of the wedge. If we do breakout our target would be around 103. GL
I'm guessing there's going to be a nice breakout coming up. Any opinions? I'd like to hear what others think.
aud.nzd Trade Idea. strong Support Level Has Been Broken so wait for it retracement.. We Will See Bearish Priceaction At New Resistance Level. Like Our Page For Analysis And Signals. www.facebook.com Join Our Forex Trading Discussion Group. www.facebook.com