PERLUSDT Potential 64% swing upwardPotential breakout from point E of this descending triangle. PERLUSDT can growth easily more of 64% by the week, but a first swing in a break-out wave can be expected to start tomorrow. This impulsive projected from an ABCDE triangle can rise wild after the actual D-E decrease. The Fibonacci retracement is beautifully confluent in 14.6% key level with trend-line.
Upwardbreakout
BTCUSDWe have identified the uptrend and a rounded retracement (CUP). The strategy applied says the strength and longevity of the prevailing trend will determine the success of trade. We have identified the handle of the cup. First buy entry on the handle breakout, the upper line (resistance) that define the handle structure is our trigger line of first buy.
2nd entry on the breakout of initial peak from where the cup started drawing up.
Take profit at the same distance in price measured from the initial cup peak to bottom of cup.
Place SL below rounded bottom after 2nd entry is triggered , then move both SL below the handle swing low. Thanks for taking the time to peruse my analysis
-RW
Sell Sell Sell and take Profits on AionWe have just broken the upward channel on the 1 Hour Chart!
It might go back up to 0.0000125 in the next few hours before a fall back to around 0.0000110
Then It's moon time...
NDX buy set upThe Price has formed a doublé top and it had a pullback, so we are expecting the Price to continue the upwards trend and break the resistance and seek for new highs.
Wait the Price to close above the resistance and then enter the buy. Don't forget to confirm the rupture with MACd and RSI levels
Comment your thoughts!
Macon Tech up strong after Zacks Strong Sell - what gives??MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga.
Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives??
Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL.
BY Investars Analyst Actions - private
— 2:10 AM ET 11/14/2018
On November 14, 2018 Zacks Investment Research, Inc. downgraded MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC ( MTSI ) from HOLD to STRONG SELL.
Possible 80 Day cycle with BTCIts looks to me that BTC is developing an 84 day cycle inside of this falling wedge...
BTC/USD, 240, Upward Breakout- Resistance and Support Points BTC/USD, 240, Upward Breakout- Resistance and Support Points
NEO/BTC - Looking for an upward break on a descending triangleNEO/BTC has been in a descending triangle pattern for a few weeks now, and we're beginning to enter the period in which a triangle pattern breaks out either way.
These patterns are usually bearish, however an upward break on a descending triangle is very powerful. As most of you are long traders, keep an eye out for this. If you're happy hedging, then you can place conditional buy/sell orders above and below the pattern and profit both ways.
The main thing leading me to look for an upward break is the VZO/price divergence/trend. The VZO is definitely on the upswing, and has developed a trend that has held 3 times during the pattern. However, triangles develop a lot of pressure in the market, as bulls and bears fight to win predominance, so traditional signals can sometimes be unreliable.
This one is more for "wait and see" analysis, rather than any specific buy/sell recommendation. I'll be looking to profit from either movement, but I'll be very conscious of a throwback or pullback, which are generally bad signs for a break.
I'll update this as the movement develops. We should see some clear action well within a week.
Cheers and good luck.
RJR
CLW - Potential fallen angel Long from $46.63 to $50 & higherCLW seems formed a nice base & if we get that moving averages to cross, that will be very nice fallen angel setup. So we are waiting for the it to break above, and keeping on watch list for now.
*Trade Criteria*
Date First Found- May 22, 2017
Pattern/Why- Potential fallen angel setup
Entry Target Criteria- Break of $46.63
Exit Target Criteria- $50+
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
NZD/HKD potential double bottom formation?There seems to be a possible double bottom formation occurring around the 5.35 area.
The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum.
I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of the strong upward trend.
Stop loss is small yet effective and take profit levels are looking very realistic at the moment.
But yeah thanks guys and I'll carry one with another one next time.
Dominion upward trend for couple monthsThe price is still in correction stage after post income and people are undecided. However, dividend is increased by $0.05 compared to last year and it is almost dividend date. This should push the undecided people to buy. Also I notice recently energy and natural gas company price dropped but this does not and I think this is the lowest for these few months. I should go up to $75ish before ex dividend date 3/1/2017 but may go even higher afterward. Even if it drops before or after ex-dividend date, the following month or two will be followed by a upward correction and break even at the worst case in 2 months from now. I am predicting this move base on the past waves especially the MACD line. If MACD blue line can hit zero it will continue to go up! Estimate >4% increase in price in 1-2 months.
INFI - Pennant formation long from $2.50 to $4 INFI seems breaking out of a pennant formation. There is a potential for upward channel formation as well. However both pattern suggests upward movement & we think it has good upside potential up to $4.
* Trade Criteria *
Date first found- February 14, 2017
Pattern/Why- Upward Channel; Pennant formation.
Entry Target Criteria- Entry around 2.5-2.58 (Hit February 14, 2017)
Exit Target Criteria- target 1 $2.97 and Target 2 $3.18. Long term target of $4.00
Stop Loss Criteria- $2.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
NAME Upside trendLooks like this trend will continue, after the gap up some resurgence
is expected from profit takers, Support around 8.50 should swing in the channel
good play for the next few days.
March CornMarch Corn still sees horizontal movement with creep upwards. Thursday is the USDA report for all grains, but the 2016 crop is still impacting this market. If USDA report shows a lowering of future crops, this may help corn. Also Funds may buy this week so support levels around 354'2 off the 3/1 Gann Fan may hold. If prices fall further look for 349 4/1 Gann Fan as next support.
7-Month upwards triangle breakout?Here we go again.. not an experienced trader or professional but this does look like a promising bullish upwards triangle breakout over about 7 months.
EURJPY : Upward Breakout Descending Triangle?Hey guys! A couple weeks ago I posted about a Descending Triangle on EURJPY that seems to be near completion soon!
But I seem to find signals that it will be an upward breakout instead!
-Stochastics have shown a bullish divergence
-Weekly chart Fib Retracements has shown that this Descending Triangle is resting on the 50.0 Fib Level
Seems like it could be a really good buy signal! I love divergences, they are always so strong!
If it breaks upward, I'm gonna trade it!
If it breaks downward, I won't touch it!
Weekly Chart 50.0 Fib Level:
Any thoughts and comments on this? Share it here! :)
