SGDJPY appears to be resuming its trend after a pullback on the daily timeframe. On the H1 chart, it is currently in an uptrend after breaking above the previous anchors. You can consider going long either on the retest of the slider parallel or the breakout zone. Set your Take Profit (TP) levels as follows: TP1 at the H4 downtrend anchor TP2 at the upper...
**Wait for a retest of ema200 on H1 before taking entry TP1 = 0.6786 SL = 0.66947
H4 8ema gap close. Trend continuation from one Fib level to another. TP = 0.99753 SL = 0.98883
Daily 8ema gap close. Trend continuation TP1 = 0.66743 TP2 = 0.66364 SL = 0.67407
EU is consolidating forming a flag pattern after the big move followed by the rejection at the key support zone. While at the same time it is now constantly getting rejected at the H&S neckline. I have the marked the trade idea as a "Buy Signal" because the pair is still absorbing the supply with good momentum. However, I would be trading in whichever direction...
Pinbar on H4 at the bottom of the weekly downtrend channel with bullish MOM divergence. Buy only above 72.231 Do let me know your thoughts.
Buy with trailing stops on H1 pivot lows.
Buy GMMPFAUDLR with a stop loss below 1100 and TP1 of 1485
We saw an RSI Divergence during the 2nd week of May. And the prices are breaking all the supports ever since. All the other info is marked on the chart. I would prefer to stay away from this stock until a strong bullish confirmation is received.
All info marked on the chart.
The stock had a Tenkan Sen/Kijun Sen crossover recently on May 18th. Chikou span is in open space. With both Tenkan Sen, Kijun Sen, as well as Future Kumu, rising. It was stuck inside Kumo on weekly chart but had a breakout today closing about 92 pips above the weekly Kumo. Chikou on the weekly chart is in open space too but may hit the price bars soon if it...
RSI, Stoch, and William %R improving from oversold. Price closing above all EMAs, EMA Crossovers Social Sentiment is positive with people strongly believing in this stock. Most have been holding the position for a long time, and feel sad about how despite all the good fundamentals the stock is stuck in a range. Having said that, there is not much resistance...
Please note that these stocks in no way are meant for immediate buying. Instead, it's my shortlist for this week - where the stocks are in trade action zones. And could prove to be best buys if entry signals received. However, the price may also go in the reverse direction. I would hence be looking for entry confirmations like Breakouts, Ema Cross, RSI/MACD...
EMA Cross, increasing momentum, MACD Hist in bullish territory, Bullish pin bar.
The stock is in strong uptrend taking support at EMA 65 and RSI taking support above 40. Ichimoku shows positive setup with Chikou in open space, positive future Kumo with rising Senkou span A. While both Tenkan and Kijou Sen are rising with T.S. above K.S. The stock closed above T.S. yesterday. We had an EMA-5, EMA-13 cross yesterday. Allowing me to jump into...