Base on my prediction in GBPUSD chart . (Link below )
Hi Traders! It has been a while I posted here. I caught a bug around June so I had to take a break to get proper treatment and heal myself. Remember guys! Your health is your greatest wealth. The market is going nowhere, it will always be there as long as the human race continues to exist. Trading has to deal with mental and psychological wellbeing. When you're...
1h downward channel possible break if bullish. If not then retest of larger channel bottom/support area. Waiting on entry. Great long term fundamentals: largest mall real estate owners trading at nearly half of their valuation from just a few months ago.
With schools closing nationwide in the US and other countries (although $SNAP) isn't as big international (86% USA usage), the average user per day should increase from 218mil last quarter as well as monthly active users clocked in at 360mil the previous quarter. Last quarter (4q 2019) revenue doubled in advertising so the company was already gaining traction in...
As we can see on the chart, the upper trendline drawn has been holding the pair at bay for months. Now that price has found its way back one can only expect two things; 1. A breakout above, retest and continuation to the upside, OR 2. Rejection of the trendline and reversal to the downside. At this time, we have two indecisive daily candles already held at bay by...
A downward channel has been formed in a good trend area of value to buy.
FX:GBPJPY GBPJPY H1 => SELL - Structure: Downtrend forming - Tendency: Downward - Below support -> Active! PLAN: - Sell: I am already in this trade, but if the price go to touch the tradeline you can take this trade. - TP1: 130.65 - SL: 132.70
FX_IDC:EURUSD EURUSD , H4 & D1 S/R Levels. H1: - Candle: Reversal candle on H1 H1: - Upward Above support => BUY PLAN: As picture
I'm going to be completely honest with you, I have no effing idea what happens next. At this point, I am operating purely off of intuition. Technicals are great. We like to believe that they give us a good probability of what happens next. And I did use technicals to predict this $8000 target (see my last few posts). But really, when it all comes down to it,...
Ok, let's face it... Oct-Dec 2018 was terrible for the global economy -- virtually all stocks were down... let's just consider year-to-date... Previously, likely Double Top formation leading to decline. REPEAT? IF considering THE "ultra-bullish parallel channel" (UBPC, ideal for all irrational growth plans)... this would break through to negative side, down to...
I use multi-frame technical analysis to support my set-ups as higher time-frames are always more reliable. Therefore, lets look at UC by starting on the monthly time frame. Monthly time-frame: The ascending trendline, indicates that the current trend is bullish, thus looking for longs will be better than shorts Weekly time-frame: When dropping down to...
Hoping for XAUUSD facing resistance at 1326. With the trend line adding additional resistance.