Trading setups

APPEL (AAPL)   AAPL is testing the upside breakout resistance 138. A bounce off the support 132 is leaving the stock in the upside channel and within the 3rd wave. A confirmed break above 138 is required for a good long trade but you can trigger your buy even here […]

AUDNZD   The pair is being rejected by the long-term falling trendline and a retest of the broken triangle uptrend line confluence 1.0850-1.0900 level. The weekly chart is revealing a downside extension potential with a bearish engulfing candle. The daily chart reveals a potential ending diagonal for a good short

Click on the chart image to enlarge it SPX The instrument is testing an upper resistance line of the broadening wedge 3300 level. This is also a horizontal resistance and is giving us a short trade opportunity. Note: look for the short trade entry with the stop loss above the

Click on the chart image to enlarge it AUDUSD Pair is testing the previously broken long-term falling trendline 0.6850-0.6900 zone. This retest could give us a good long-trade entry on a price action signal. Note: look for the long trade entry with the stop loss below the 0.6840 level Oil

Click on the chart image to enlarge it USDJPY Pair is testing the upper side of the long-term triangle reaching the Apex of it 109.680 level as it can be seen on the weekly chart. Look for the short trade entries with a narrow stop loss just above the 109.850