Based on triangle chart pattern has to determine “if”
Looking at the daily chart at GBPAUD you can see that the ichimoku clouds are looking into switching from sell to buy, so to me it'll be a perfect time to put in a buy. I can see it potentially reaching the resistance zone 2.04797. Let me know what you think. I am still new to trading.
a volatile issue at tops means disturbance some folks are just eager to get out and re visit sub 110 - de coupling from unch rate aka Qs and SPy fund managers
PLUG currently consolidating in wedge for approx. 2 months with support found on an up-curling 50 day SMA. Uptrending its way out of a 5+ year basing pattern (this thing seriously looks like a Gold stock), the wedge is located just under major resistance, which is all of the congestion of the 2014 selloff from the highs. Theoretically, PLUG is in the Wave 3 from...
Price moving out of downtrend Slowly forming a solid base Enter on the break of 59c
The price seems to be going up but we have some selling candles very strong that show that we could may go for those imbalances and base patern. We are waiting for the price to arrive to those points so we can buy a sniper operation until an institutional candle which didn't get correctet.
The daily GoNoGo Chart of the Euro / British pound cross looks like it is forming a base. The GoNoGo Trend is showing “NoGo” but it is weakening as depicted by the paler pink bars. We look to the GoNoGo oscillator to confirm the price action and if this “NoGo” trend was strong then we’d expect it to find resistance at zero as it did from the 22nd to 27th of April....
Drop - Base - Drop First time back to supply Will be looking for sells
every human and even apes can understand this thing. it is not appropriate. something is not right about economy since 2008 financial crisis. central banks was pumping money to the economy and now this bubble is bursting and they blame covid-19. this began 10 years ago. corona virus began 4 month ago! if someone is telling you markets are down because of virus you...
Factors 1. Price has experienced a LT downtrend (Starting August 19) 2. Price slowly building a base with a short term resistance at 7c . 3. EMA is converging 4. There is an overhead gap at 8.3c which I would be looking to target, 10.5c if we're feeling more ambitious. Possible Reasons For Failure 1. No breakout/bullish price action at 7c to initiate trade 2....
Factors 1. Price has experienced a LT downtrend (Starting May 19) 2. Price slowly building a base with recent price action respecting that lower and upper trendline. 3. EMA is converging 4. There is an overhead gap at $1.45 which I would be looking to target. Possible Reasons For Failure 1. No bullish price action/candlestick pattern to initiate trade 2....
NZDUSD is currently at supply zone ! Wait for clear rejection for short !
CADJPY IS RETESTING THE BROKEN TREDNLINE AND ALSO FRESH DEMAND ZONE !
Price turun dulu sehingga support area dan base daliy. Dan price akan naik sehingga QML lvl diatas