If I missed that dip I want another one as traders position's accumulate. Yes 1806 is important to hold bias with 1799-89 if those supports break it will fall. We got hints in fundemental so I suggest an up move to take SL out as indicated from ol prediction that got cancelled intraday after we saw its false Momentum and breakout. So I do expect again...
Pound against Dollar may end the consolidation phase to retest the support zone of 1.40 price area, before goes up Analysis only for education purpose
Please refer to text on chart. Nice long entry with a defined risk point. Should price move in our favor then a 1:5 Risk:Reward ratio is possible. ** Remember, we do not attempt to predict future price movements. We react to current price based on our interpretations of past data.
Square, NYSE:SQ , hasn't performed nearly as strongly as the rest of the market that has just about surpassed their previous highs from the lows of late 2018. Other stocks in the Fintech space, such as NASDAQ:PYPL , NYSE:V , NYSE:MA , and NASDAQ:INTU have been extremely strong, already making all-time highs. Square is a clear industry laggard, with a lot of...
- RSI bearish divergence on the H4. - Rejected major resistance level around 1.174 on the H1. - On the daily timeframe, the fibonacci level of 38.2 has been fulfilled at this key level of 1.1740 which if holds up could imply that the retracement has finished or halted for the time being. - Could see price action consolidate within the previous trading range...
Very much the same setup as my USDZAR setup (link below). just pick what u like more or trade both with half a position(what is what i will be doing) if opening is good. after the breakdown last year, this year ZARJPY has now been consolidating. we now retest the lower parts of this consolidation again entering the PRZ of the shark pattern that has formed. we saw...