PAYPAL Downward Trend WeakeningPAYPAL's downward trend is now weakening a lot and may be subject to a bullish reversal. It is worth paying attention because at any point this trend will reverse.
NASDAQ:PYPL
Weakening
CSCO Weakening Bottom FormationCSCO has been struggling with a weaker short-term bottom formation that has gapped several times to form Island Gaps. CSCO recently failed to break to the upside against weak to moderate resistance above the current price. The reason is that the giant Buy Side Institutions are not quietly accumulating CSCO at this time.
Hunting the Indians!The Indians are looking weak on this 3D time frame.
The theory of curves says (at the moment) that price is losing steam for the north. South is the greater probability estimate. Note: this leaves a residual probability for the north.
Disclaimer: Lose your money and sue yourself!
GET READY: DJI correction possibly on 4H time frame.In this screencast I explore the importance of the 4H ATR trend line in association with SqM switches. This is about taking early notice of areas where stuff may happen.
The future hasn't been written as yet, and I don't do predictions. What I see is the chance of a 4H trend weakening, based on the historical a patterns of the DJI.
If the 4H ATR flattens further then there is increasing probability for the south. But what does that mean? Well, it doesn't mean that the whole market will crash. It means that a correction may be coming up.
Note that for any probability estimate in one direction there is a residual probability in the opposite direction.
Disclaimers : This is not encouragement to trade in securities. If you take positions in this market your risks and losses are you own. In simple terms sue yourself if you lose money. Approximately 70% of retail traders consistently lose money in trading.
EURUSD Bullish Continuation - Long Trade - waiting to enterHello all
Following the USD strength heading into last Friday and the pull back - I am expecting USD to potentially stay strong for the next day or two until the FOMC on Wednesday and the USD to weaken considerably. (after some stop hunting.)
I am looking to go long at this level - which is a 61.8% retrace of the current leg higher.
EURUSD is cycling higher nicely
Sadly I moved my stops too high on the related trade below and it took me out before heading higher. - Always important to trade multiple pairs and types and I was long on Gold through last week which made up for it.
I am expecting this to go higher for another leg - however it could be a messy start whilst it happens.
I have put my stop loss below the 78.6% retrace area - however potentially this could drop all the way to the lows and create a double bottom before heading higher again.
I am waiting for price action in this area - bullish engulfing candles on this occasion and once I get one, I will be in.
Thanks for looking at my trade idea.
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GBPUSD LONG - EXPECTED FAST MOVE Hello all
Following the weakening USD on Friday due to NFP along with Hawkish Fed members giving dovish views on interest rate cuts, the USD is potentially going to weaken considerably.
I am looking to enter a second entry into GBPUSD Long following Friday's Price action.
Please see related idea below.
I am looking for a new high to be made as per the Long entry and if it makes this, I will be entering on a Buy Stop.
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Thanks for looking
Duncan
GBPNZD: Weakening Trend!Morning comrades!
Found a weakening trend setup that will break to the downside when it reaches 61.80!
SL will be a little above 78.6
TP will be at the next major support!
Good luck my friends! Happy trading!
