The GOLD market has moved north since second half of December last year. These increases are significantly less dynamic than previous falls, initiated by results of last year’s presidential elections in the United States and are moving within a growth channel. Although, as a result of the last growth impulse, at the beginning of June this year market for the...
The GOLD market has moved north since second half of December last year. These increases are significantly less dynamic than previous falls, initiated by results of last year’s presidential elections in the United States and are moving within a growth channel. Although, as a result of the last growth impulse, at the beginning of June this year market for the...
NZDUSD Break down the uptrend channel Find a pull back to short. Although last ideas was a loss, but that is discipline, and I must thank for this stop loss to cut the loss only at 40 pips, not 120 pips. you can see the huge upside move after the breaking out. Now the NZD has broken the channel with a strong bearish candle closed below. I will find a pull...
GOLD market since second half of December moves north. These increases are significantly less dynamic than previous declines which began in result of last year’s presidential elections in the United States and are trapped within bullish channel edges. Although, as a result of the last growth impulse, at the beginning of June this year pair for the first time in...
GOLD market since second half of December moves north. These increases are significantly less dynamic than previous declines which began in result of last year’s presidential elections in the United States and are trapped within bullish channel edges. Although, as a result of the last growth impulse, at the beginning of June this year pair for the first time in...
hope it helps. Looks like LTC/USD is consolidating after droping out of its ascending price channel.
Gold‘s price reached this week a critical resistance of 1295.00, from which in the second half of April supply pushed price down to 1215.00. Rebound from mentioned resistance pushed Gold to support at 1274.00, which is now intersecting with trend line from the 9th May low. It is important how price will behave in near future, as breaking area where horizontal...
Everything is on the chart. Thanks to all the followers!
The Kiwi was my sole losing trade last week which doesn't come as a surprise. This trade features a dual level of structure which is always difficult to navigate and although I waited for a conservative entry, I also took a very conservative stop knowing that I would rather get stopped out and retry if the opportunity presented itself vs. using a bigger stop loss...
GBPNZD has pushed it's way back up to a Daily Resistance Zone. It has formed a Rising Channel as it has pressed into Resistance and typically you will see a break to the downside. This is NOT necessarily a trend reversal but at least some relief for the short term.
Moves inside of growth channel has been running since April 2016. USDCAD reached its high on May 5th at 1.3793, and this time it failed to test upper limit of the uptrend channel due to resistance on 1.3750 which triggered faster rebound. The target of current downward movement is the lower limit of growth channel which is located at 1.3220 level. Additionally in...
Moves inside of growth channel has been running since April 2016. USDCAD reached its high on May 5th at 1.3793, and this time it failed to test upper limit of the uptrend channel due to resistance on 1.3750 which triggered faster rebound. The target of current downward movement is the lower limit of growth channel which is located at 1.3220 level. Additionally in...
GU is currently in a channel, I'm looking to buy off the 38.2 retracement and ride the 5th wave. With a possible bat completion for a short
I am not in the trade just monitoring it. Just an idea, not a signal.
be patient to trade the aud/cad. I'll wait until the breakout.( I support the idea of a future short position) resistence and support levels and other opinions are represented on the chart
Litecoin/LTC has formed a Bullish Ascending Price Channel, high volume, MACD cross, and News. LTC is reaching 100% implementation of segwit, has been listed on Coinbase, and is working toward implementing Lightning Network.
Hey traders, we have an impulsive breakout toward channel continuation. B/E @ 1:1. Target at 1.618 Fib. Cheers