SLX is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline for entry or enter a small position on bounce of lower trendline, stoploss at last swing low with target of $4 and will be moving SL to BE when safe to do so.
CB is currently in an ascending channel with bearish RSI divergence. Has hit resistance at top of channel just wait for break of trendline on smaller time frame, stoploss above last swing high with target at next resistance level, moving SL to BE when safe to do so.
USDJPY is currently in an ascending channel with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, stoploss at last swing high with target at bottom of channel also could be a bigger move if breaks down out of channel so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.
ITR is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low and will be moving SL to BE when safe to do so.
FPH has broken out of a descending wedge with bullish RSI divergence and has now had a retest at support and bounce. Enter a position, stoploss at last swing low with target of $22.69 or when starting to look weak and will be moving SL to BE when safe to do so.
PME is currently in an ascending channel with bearish RSI divergence. Has hit resistance at top of channel, stoploss above last swing high with target at next resistance level or could even come down to fill gap, moving SL to BE when safe to do so. RR 2:1
BABA has broken out of a descending wedge and had a retest of support with bullish RSI divergence. Stoploss at last swing low and will be moving SL to BE when safe to do so.
LKE was in a descending wedge with bullish RSI divergence and now in a triangle. Look for a breakout of trendline for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
CDNS is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL above last swing high, moving SL to BE when safe to do so.
RELX is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend or pullback to supply zone for entry, stoploss at last swing high with target at bottom of wedge also could be a bigger move if breaks down out of wedge so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
AM is currently in an ascending wedge with bearish RSI divergence also shown on smaller timeframes. SL at last swing high with target at bottom of wedge, moving SL to BE when safe to do so.
WDS is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low with target of $34.68 and will be moving SL to BE when safe to do so.
L is currently in an ascending channel with bearish RSI divergence. Has broken trendline on smaller timeframe, stoploss at last swing high with target at bottom of channel also could be a bigger move if breaks down out of channel so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
BBVA is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $7 also could be a bigger move as in a channel on larger timeframe so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
WXG is currently in an ascending wedge with bearish RSI divergence with the MACD rolling over and on a smaller timeframe has formed another ascending wedge also with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $1.74, moving SL to BE when safe to do so.
ACVA is currently in a descending wedge with bullish RSI divergence and on a larger timeframe in a descending channel and has hit major support of both. Look for a move into supply area for a long or wait for a break of upper trendline for entry, stoploss below last swing low with target of $15 and will be moving SL to BE when safe to do so.
LUMN has just broken out of a descending wedge with bullish RSI divergence. Look for a retest of upper trendline for entry, stoploss at last swing low with target of $2 and will be moving SL to BE when safe to do so.