Here is something that I am currently waiting for to play out we are in a distribution phase on GBP AUD Will be looking to take this to lower prices to clear out all liquidity down below follow me on Instagram: @crisqpips
Sell RBS (RBS.L) The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands,...
Quite possibly Ally Financial will bounce from its current price after dropping on an earnings beat. However, I am looking for it to bounce from the high-volume node at 30.01 tomorrow, and I've got a buy order set at that price. Ally has an attractive P/E of 8 and has a 95/100 valuation score from S&P Capital IQ. It faces some political risk from a possible third...
From everything I’ve read over the years commonwealth bank has been a widow maker for many traders looking to short. I almost bought some $65 put options earlier this year which would have expired in October. Lucky me! Any way, looks like this may finally be it. To me it looks like a big tripple top has been out in here. With the real estate market in Australia...
Goldman Sachs failed triangle formation before earnings. Some lines and connection have been averaged with step-line over log (chart is self-explanatory).
NYSE:MS is a STRONG SELL. NYSE:MS had a failed 3rd Wave (Didn't travel 100% of Wave 1) Will update. -AB
as we can see in the chart we are in a price which is interesting for banks to put buy orders on also the wedge pattern confirms the idea above but there are two possibilities 1) Price rise up as blue arrow shows 2) Price retrace to the support area to fulfill more buy orders from banks to get strength to rise up
depend the action of the banks and the influence on the market i think the price may go up to fulfill the bank's orders to sell plus there is a wedge on the chart and confirms the idea to JPYEUR's fall
For a more in-depth analysis, see: www.quantiumresearch.co.uk RBS ran into an almighty price barrier on Friday. Today it reversed over 2%. Look at the significance of this resistance. 3 components are shown in the chart: 1) Fibonacci fan line 2) 100-day moving average 3) 2.618 extension of a price gap. The market has retested and responded to the 0.382...
JPM - Chase Bank - Only Worth $50 (204 Month SMA)...SoMuchRisk!!
Ooh look, sideways action in #XRPBTC. I didn't expect that. I like the fact that the is moving sideways. (Acumulation). I can see bullish divergence all over the place. Is this the low? Maybe (not).. But this is definitely a good price to accumulate.
SHORT SBI FOR 279 , WEAKNESS AHEAD IN BANK NIFTY AND SBIN
Referring to this post : This is why you should not trade risk events. You will be hunted, that is a guarantee
BAC has one of the best options change and a go to for contracts for me. Were in a confirmed short term bearish trend. Broke below 34 day ema on friday. This might get back to our demand "zone" below with possible stall or bounce from 13d ema. Another one to watch with SPY.
People sometimes confuse with trading the economic numbers' reactionary price action as part of "Team Fundamental Analysis" trader. I have a better word for that: Storm Catcher. I have a dear friend who trades this way, (@itsReal307 - his handle in tradingview) unlike most people I've seen, he's done it with success. I have tried it in the past, most of my big...
The last time bitcoin put out a golden cross on the monthly MACD (January 1st, 2016), there was a 14,819% return before the death cross (on June 1st, 2018). Bitcoin started at $430.89 and ended its run at $6385.71 with highs and lows between the two. The same return at our current golden cross would put us at $126,667.92 on January 1st, 2022. This is if history...
Since bottoming out in early 2018, preference shares on the JSE have been one of the best performing asset classes in our market. Always good trading practice to identify the strongest sectors in the market, and look for buying opportunities towards areas where there is a high probability of the trade working out. Looking at FSRP, I have identified that the 200...