CHMA - Long IdeaA close above $5.33 would be bullish. Target = 6.50
It may chop around until the wedge resolves itself which would be Oct 2nd = a time stop
A close below the break of the diagonal trendline or 21 EMA would negate the trade.
Darvas
aegis logistic, daily chart ( WEEK EOD BREAKOUT ) Darvas box breakout in daily chart of Aegis logistic
Bajaj finance a conditional sell candidateBajaj finance :-
Darvax box consolidation are peak levels,
Rising Wedge pattern,,
Bearish harmonic Shark pattern fomation,
Bearish divergence on RSI indicator,,
50% Time and Price retracement,,
Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for 10-15-20%,, view gets negated above recent high on closing basis,,,
Silver 01-May-2018 Downward (D)Silver has been moving downwards since the short price action signal on the 19-Apr and currently have 6 short positions open.
Short 20-Apr at 17.11
Short 23-Apr at 16.94
Short 25-Apr at 16.59
Short 27-Apr at 16.50
Short 30-Apr at 16.40
Short 01-May at 16.26
Initial stop at 17.4
Trailing stop at 16.55
16-Feb-2018 Gold correction... (Daily)Gold rose nicely yet approaching the resistance zone.
Short price signals formed on 1hr, 4hr timeframe and it looks like a price signal is forming on the daily.... so I've entered on the sell-side.
ATR: 14
2N: 29
ENTRY: 1352
STOP: 1381
R1: 1338
R2: 1324
R3: 1309
Hmmm... I am developing a contrarian habit because the line of least resistance on gold is up!
GBPUSD 09-FEB-2018 Downward move continues... (Daily)GBPUSD continues to move downwards even though the long-term trend seems to be up.
A price-action on the 8-Feb, confirmed the downward continuation from my point of view.
My next action at today's close:
If R2 target reached Then:
1. Adjust Stoploss to 1.4257 Break-even point
2. Add R2 position
EURUSD 07-Feb-2018 Ranging 1.2323 – 1.2538 EURUSD is currently ranging in the 1.2323 – 1.2538 Box and am still in my short position since 26-Jan.
My concern is still: "It's a bull market you know!"
I’ve updated my stops distance as I’ve re-calculated ATR according to my entry.
ATR: 0.0092
N: 0.0184
ENTRY: 1.2474
ENTRY DATE: 26-Jan
SETUP: PRICE ACTION
STOP 2N: 1.2843
STOP 1N: 1.2659
R1 : 1.2291
R2 : 1.2107
BTCUSD - Is finally OUTSIDE the box! (Breakout)BITSTAMP:BTCUSD
Time frame - 4H
Yellow Circle - Represents the breakout off a strong confluence of two fibonacci retracements from the 1D and 4H time frame.
Gray Box - Represents the darvas box wherein the price has been moving in sideways for the past few weeks.
Now, the price is re-testing the support area where it broke out of and might bounce upwards to the targets in the chart presented.
GGP 16-Nov-2017 Ranging (Daily) GGP is ranging at 1.6 support level and resisting at 2.3-2.6 levels.
Concern:
16-Nov-2017 Bar is looking to close with pinbar and GGP has Lower Lows from 18-Oct Highs.
Hindsights:
I’ve entered Long but my order only got filled at 1.8 on the 17-Oct. Ideally would I would've like to have entered at 1.6
Watch zone:
Stop Short @ 1.59
Stop Long @ 2.61
Ford break-out 10-Oct-2017 (Daily)Ford has been breaking out from a major long-term downtrend and has been moving upwards since 18-Aug-2017 from $10.46 and the currently ranging at $12.04 and 12.13.
However there is a pinbar on the 4th of Oct 2017 and there is no sign higher movements at the moment. So Ford might be consolidating from this rally.
Action: Watch $12.50