KGJI - Bullish Momentum and Big Volume. Can It Hold. RISKYKingold Jewelry, Inc. engages in the design, manufacture and sale of gold jewelry and chinese ornaments. It offers gold necklaces, rings, earrings, bracelets, and pendants. The company was founded by Zhi Hong Jia in 2002 and is headquartered in Wuhan, China.
SHORT INTEREST
392.05K 07/31/19
P/E Current
0.89
P/E Ratio (with extraordinary items)
1.06
P/E Ratio (without extraordinary items)
1.06
618 Fibonacci Retracement
ETH COULD SINK BELOW $200 AGAIN...I mentioned that ETH was due a retracement and here we are. Well, in fact it went lower than expected...
Can we see sub $200. The overall phase of the trend is on .618 now... So possible stopping point... But could also go lower down to 157 which is the 786...
XAUUSD, let's not pick the top anymore until 1580?In terms of weekly chart, the only sell high spot will be near 1580, which is the combination of weekly supply and 0.618.
That is still 1000 pips away!
Accordingly, with such a strong daily uptrend, I'll only be interested in taking long trades for quite a while until one of the following events happens:
1. it hits 1580.
2. it forms a new daily downtrend
3. it forms a daily/weekly reversal sign (which will only affect the short-term mindset)
Let's see how it goes yo!
USDJPY breakout from structureUSDJPY breakout from structure
wait for pull back
around 106 will be a good area to long
SL : 105.730
TP : Follow arrow
AUDCAD can't break previous lowAUDCAD can't break previous low
wait for pull back to enter
around 0.9083 will be a good area to long
SL : 0.9070
TP : Follow arrow
ACRX - Perfect Trend Bounce 0.168 Levels On DailyAcelRx Pharmaceuticals, Inc. is a pharmaceutical company focused on the development and commercialization of therapies for the treatment of moderate-to-severe acute pain. The Company operates through the segment, which includes development and commercialization of product candidates for the treatment of pain. Its lead product candidates include ARX-04, Zalviso, which utilize sublingual sufentanil, delivered through a non-invasive route of administration, and ARX-03. ARX-04 is meant for the treatment of moderate-to-severe acute pain to be administered by a healthcare professional to a patient in medically supervised settings. Zalviso is meant for the management of moderate-to-severe acute pain in hospitalized adult patients. ARX-03 provides mild sedation, anxiety reduction and pain relief for patients undergoing painful procedures in a physician's office. It also includes ARX-02, which is meant for the treatment of patients who suffer from breakthrough pain (BTP) due to cancer.
SHORT INTEREST
15.09M 07/15/19
Average Recommendation: BUY
Average Target Price: 7.71
P/E Current
-3.02
P/E Ratio (with extraordinary items)
-3.90
NZDJPY - Approaching 61.8% Fibonacci retracement levelDAY TRADE - EXPIRES AT 9PM
Trade Idea
A bullish reverse Head and Shoulders has formed.
Bespoke support is located at 72.25.
Positive overnight flows lead to an expectation of a firm open this morning.
Dips continue to attract buyers.
Further upside is expected although we prefer to set longs at our bespoke support levels at 72.25, resulting in improved risk/reward.
We look to Buy at 72.25
Stop: 71.95
Trget 1: 73.15
Target 2: 73.55
Gold Trade opportunity between the FibsI can see an opportunity here. Gold has retraced perfectly and bounced from 0.618 fib measuring from the last swing low.1420.30. 0.618 fib from the high gives us a target 1440.91 and there is some resistance there too. In between there is nothing until 1436.37 the highs from earlier in the month. I am going to look for gold to show some buying interest first, if it gets to 1427 and then a pull back to 1423 or lower without breaking through 1420 it would be a good sign. If we get a bounce off 1420.27 exactly then I would be very confident of a 200 pip run back to 1440. For me it all depends what happens in the first 3hrs, if it doesn't go where I am looking then it's not worth pursuing. This is a high RR trade depending on how close to 1420 you can get an entry if I can open a position at 1423 SL 1420 tp 1440 RR is 5.6.
EURGBP 2618 trade EURGBP 2618 trade
around 0.90318 will be a good area to short
SL : 0.9053
TP : Follow arrow
USDJPY trend line brokenUSDJPY trend line broken
look for pull back to enter
around 107.450 will be a good area to long
SL : 106.700
TP : Follow arrow
ETHUSD weekly 0.618 and demand zone combination longIn terms of weekly chart, this combination is quite impressive!
It is a good shot for not only trading but even an investment-level trade!
so there will be 2 kinds of thoughts:
1. wait for intraday setup after hitting 188 and take it as a short-term trade.
2. buy some long-term positions without leverage and put the out at least below 80.00
Let's see how it goes!
GbpUsd - Neckline of Head & Shoulder + 618 = ShortReason to Sell
1) 2640 - 2670 = neckline of Head & Shoulder
2) 618 Fibo retracement = potential reversal
USOIL pulled back to structure USOIL pulled back to structure
around 60.45 will be a good area to short
SL : 64.00
TP : Follow arrow
USDCAD formed a bullish bat pattern USDCAD formed a bullish bat pattern
and pulled back to 618 level
good to long now
SL : 1.3062
TP : Follow arrow
GOLD can't break previous highGOLD can't break previous high
look for pull back to short
around 1431 will be a good area to short
SL :1441
TP : Follow arrow
EURUSD trend line brokenEURUSD trend line broken
and rejected at 618 level once
there is a potential bearish gartley pattern
around 1.1397 will be a good area to short
SL : 1.1420
TP : Follow arrow
BTC; waiting for the long once againWe had a nice ride up and it looks like btc is finally entering a period of consolidation.
The overall htf trend is still up so we are still going to look for longs.
Our current area of interest is the golden pocket on the 1h chart. We will long in this area and start managing the trade when we hit the min. target level.
This setup will become invalid IF we make new highs.
HOG Long - Bullish Cypher [DAILY] / 618 retracement [MONTHLY]Monthly: in the middle of forming a giant gartley, currently at the 618 retrace.
Daily: completed a cypher pattern. Momentum pointing up.
Intraday: currently forming a small inverse head and shoulders.
Looking for ~34.00 entry
USOIL trend analysis and strategy updateWe closed some of our USOIL positions in profit today. We have since entered a buy again as price action has retraced to 50/61.8 fib zone (blue). As a part of our strategy and risk management, we have set a stop 20/30 pips below red line with take profit on the green zone. USOI
UsdYen - Selling Opportunity incoming ??Reason to Sell
1) Previous support = Resistance now
2) 0.618 retracement = potential reversal
Dax30 0.618 and 30min shooting star combination short!1st time to post an idea on DAX30 as many friends are so interested in trading this one.
Here we got an 30min shooting star after it finished daily 8ema correction and pulled back to the daily supply,
Also, in terms of 8ema, this trade also got abundant ema correction rooms!
I would like to take the short with a 11898 sell stop
If it makes new high before triggering my stop order, this trade will be cancelled !
Let's see how it goes yo!
EURUSD 0.618 and shooting star combination shortDXY has already pulled back to its 0.618 and 4hr demand zone combination spot,
and here we got this 4hr reversal sign for EURUSD.
I would love to take this shooting star breakdown short!
If it makes new high before broke 1.1205, this trade will be cancelled!
Let's see how it goes yo!
Double Top - SELL down to 61.8% FIB Currently a rejection form the double top area.
SELL down to 61.8% FIB at roughly 0.8700.
