#Euro #fx #forex @cfromhertz @Simple_Trends @traderstewie @the_chart_life @mark_hruska @HiddenPivots @mjekm5 @livetradepro @Master_Charts @TMLTrader @PatternProfits @EDWARDTRILEY These custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue...
MPP was updated in July. Unfortunately, however, it did not almost move about this symbol. As the weekly chart, it is a range market so it will be both short and long compactly for a while. Weekly chart << tactics >> 1) MPP (P) 0.98956 is function as a support line long. The first limit is under WePP (R1) 0.99799. The second limit is under 1.0000 but...
MPP was updated in July. Unfortunately, however, it did not almost move about this symbol. As the weekly chart, it is a range market so it will be both short and long compactly for a while. Weekly chart << tactics >> 1) MPP (P) 0.98956 is function as a support line long. The first limit is under WePP (R1) 0.99799. The second limit is under 1.0000 but it...
Is this a possible elliott wave count for the LT of Russian Currency?
Cad has been benefitting from higher Crude prices, beyond a stronger GDP report last week. This week has been quite dull thus far due to a plethora of political events and market closures. However, as the market now starts to focus on local drivers, CAD seems poised for further gains and our expectation for today's Employment report is positive.
EurJpy has benefitted from some hawkish ECB members and from a recovery in risk appetite. We have Non-Farm Payrolls out today, and we also have to see what China does after the USA implemented their first batch of tariffs. But, technically, this chart offers confidence in a breakout north.
EURJPY is now at a downtrendline, what could means some short force, pushing price to signaled area. at this area, we are completing a gartley pattern + a perfect ab=cd pattern. high probabilities to get some force to go up when arrive at this point. so i'm shorting, then long. for a conservative entry wait to point so long.
In July a new MPP was drawn. Currently it is the situation that it will rise again with the support of new MPP (P) 1.31266 neatly. Even if looking at the weekly chart, It have been slowly raising it for nearly 10 months. Weekly chart As a provisional up trend, I'd like to simply place a long. << tactics >> 1) MPP (P) 1.31266 functioned as a support...
In July a new MPP was drawn. Currently it is the situation that it will rise again with the support of new MPP (P) 1.31266 neatly. Even if looking at the weekly chart, It have been slowly raising it for nearly 10 months. Weekly chart As a provisional up trend, I'd like to simply place a long. << tactics >> 1) MPP (P) 1.31266 functioned as a support...
So it's been a while since I have been excited about Bitcoins price action. We had a breakout on Monday which negated a bearish flag that was in play (See related ideas for more information on our previous analysis) and price still appears to be rallying! Price not surprisingly moved sideways after the big up move which was likely due to hesitation. Price is...
Posting a quick daily analysis, as I am currently in the process of moving house so I have been very busy. Bitcoin is currently trading at a horizontal support zone between 6040 and 5930. Price could either bounce up from here to the highs, or break the horizontal support zone and break lower. Now, for this next part I recommend you read my previous Bitcoin...
Last post: June 24th. See chart . Review: Price had pulled back to the daily 20sma which was acting as resistance. Update: Price has bounced off the 20sma and produced a potential bearish engulfing candle suggesting weakness. Conclusion: Continuing to stand aside until pivot support is cleared and price moves towards 1.3000. Any comments or questions, do...
In this video I discuss a potential buying opportunity from key support.
Here we have an example of an event within an event within an event. Next move on the weekly event should be a sign of weakness towards the bottom of the range. Daily event shows a distribution event that is currently in phase C lpsy. With weekly & Daily bias bearish, this increases our probabilities of a successful short in the h1 TF, which isn't in phase B of...
Price has been rejected off of the Monthly Support area of 1.15550 heading up to the Weekly Resistance level of 1.17150. Waiting for Fail of level before getting short. Note Price is in a wider Range of 1.15550 to 1.18350 1.2RR Trade Stop 1.17400 Target 1.16750