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Crossover

Copper headed to 2.26Hello traders! As you probably noticed Copper broke out the asymmetrical triangle started back in June 2016, also crossing the 200 EMA. Given the strong momentum I think it's possible that price will raise higher and retest the previous swing high reaced in mid July. Of course there's a possibility of false breakout, in that case I think price will go back to meet the 50 EMA and bounce again or continue down to meet the lower side of the triangle. Hope you liked this idea, wish you all happy trading!
OANDA:XCUUSD
by UnknownUnicorn485324
AUD/NZD - BREAK OR BOUNCE? Double top formation showing strong resistance at around 1.07524. From the second high point on the double top there has been an MA downside crossover and a strong bearish movement down to the weekly trend line support which we are now sitting on. We could see a break of this trend line and see new 2016 lows or we could see a potential bounce from this trend line. I will be waiting to see a break of this trend line before entering a short order on this pair.
Short
by MitchellShoesmith
USDCAD: Big move, after the Big TriangleHello Traders! Today FX:USDCAD is on my radar. Here is a very nice shorting opportunity. At last the price has broken a big triangle, found support @1.3175 and forming a flag pattern, and this means that market is going to fall even more. We have 2 opportunity to go short: 1. Sell around the PRZ, 2. Wait for the market to break the flag and support, retest it for more confluence and then go short. Avto_T GL (Green Luck) ---------------------------------------------------------------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Our team is working hard to satisfy your needs. We give you the opportunity to choose between the best brokers in the industry, with the confluence of analyses and investigation of our experts’ team. Our team will be ready to guide you through each broker you are interested. And many more friendly services and atmosphere will be available only for you! And of course the best service ever, we do offer you a so called “Big Deal” service, which you have never faced before. Reserve your sits my friends! Follow me and be the first to enter our world!
Short
by RCP
6
CrossroadsWe are in a crossroads between major trendlines here. This forms a triangle pattern on which you can apply fib-time lines to predict a breakout (0.764 fib-time). I added some interesting levels and other trend lines aswell. How to trade it: Depending on what side of the triangle (bottom / top) the price is closer to while approaching the 0.764 fib-time, you can start scaling into the respective trade. For buys you can wait for breaks of: 231 level yellow trend line / H&S neck line blue triangle top log downtrend (red) 260 level For sells you can wait for breaks of: apex level 218.33 210 level 200 level / triangle bottom 192 level Targets are based on projections of the widest distance within the triangle, down / up from the apex. For the up target the absolute value is used, for the down target the % value. If you have any questions please leave a comment ! Good Luck ! : ]
BITSTAMP:BTCUSD
by MagnusTradingGroup
Bullish Crossover Could Send AT&T to 42.50Breaking through this wedge could send AT&T's stock to about 38.50 in the short-term and about 42.50 in the long-term. The 50 day MA is in the process of crossing over the 100 day MA, which could be just what this stock needs to push the price through this wedge pattern. The last time this pattern was set up in mid 2010, the price jumped 15.68% from 25.50 to 29.50 in just a few months. The stock continued to climb to 38.00 in the coming years.
NYSE:TLong
by bleezz
Forming Support at Prior Q Earnings LevelAfter producing a stellar quarter back in May, $TSL has erased nearly all of its gains (40%). After bouncing between 11-13 in the summer months it seems that stock has found a very solid base in the low 11s. After almost dropping to $10 we have seen price action test the ascending downside trend line multiple times and it has held strong. The MACD also has made a move towards the signal line and has barely crossed indicating momentum could be shifting back towards the upside. In addition, The Stoch. RSI has plenty of room to run to the upside as well. With earnings approaching in mid August I think this could be a great time to get in light of the MACD crossing paired with price action pinching in the apex of the triangle. If TSL can provide a healthy beat as it did last quarter I see it fit that we see $14.33 (The 1 point Fib Mark) by the end of August.
TLong
by YoungInvestorsUCF