Even though Microsoft did not get the tik tok deal i still believe Microsoft will have no problem continuing their growth. They now have that cash to invest in other small tech start ups which i think will be a lot more fruitful then having tik tok in the long run. Tik Tok is a fad, like SO many other trending products now a days. I hate tik tok and social media....
JP225USD 1-Hour Chart
Price action pullback with pinbar at a confluence area: resistance zone, trendline, and ema.
Expecting to drop to first target price @ 20350
Enter SHORT @ 20560
Stop Loss @ 20725
Target 1 @ 20350
Target 2 @ 20250
Target 3 @ 20100
Keep it simple!
Looking at Nikkei 225 on the daily, there was a good spot for a short entry position with a good risk to reward ratio. The Red box is where I suggested to short the range as rejection was likely, and the green boxes are the ranges to take profit. There are three main Profit targets as labelled. By third profit target I would have finished the...
Formation of traingle using fib and gann fan. going to close near consolidation and wait for china to respond before making any moves. this will be put on china for the recession, dirt will come out and a digital war will be made.
=> Here we are approaching oversold levels and smart money will be looking for bargains as we go into year end.
=> Key resistance near 22000 is approaching and as Quants unwind after spike in rates we have strong divergence between factor value and factor earnings growth.
=> We do not see a large panic move in play here at the moment. neither in cash or options....
JP225USD is approaching its resistance at 22935 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 22435 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resiustance at 98% where a corresponding reversal could occur.
Nikkei 225 has bounced off its support at 22335 (38.2% & 50% Fibonacci retracement, horizontal pullback support, ascending support line) where it has the potential to rise to its resistance at 22728 (61.8% Fibonacci retracement, horizontal pullback resistance).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
I was asked to analyze this pair. I did not touch on the analysis of the smaller time interval, as there are a lot of complex corrections. It will take a lot of time. But I see the future of this pair. We have completed a zigzag correction in the framework of the 4th subwave. We see the opposite bullish divergence. At the...
Background: BOJ Rate: -0.1% trying to stimulus its economic.
Arbitrage at GBP/JPY has started.
See if the JPY could hold its ground through this week.
Scenario 1: Step to step from a resistant to a support: 18000----19000----20000
Scenario 2: Go down and test 16000 again, then rebound to the high level, "W" pattern.
Scenario 3: Slump below 16000 to 14500