We have to wait a little longer until we see if the market manages to break the resistance level.
AUDUSD is headed for a new swing flow, from overall bullish market. The problem is that price close at the end of week above higher high level but didn't maintain enough time to prove its entering spot. Our expectation for this currency pair is showing potential bullish moment after sellers first reaction of the market. Your job as a buyers, is to follow momentum...
GBPJPY formed a double top pattern. If the market breaks the support, we can expect GBP falling.
Hello! As you can see the market is in a triangle. Fun fact, most of our analyzes contain the triangle pattern :D. We will have to wait after a retrace when the price breaks the triangle. After the retrace we can take action.
Weekly analysis for ZSF2021 Week 48: 23 to 27 November 2021 From 1st June 2020 until today, Soybean prices has been very (strong) bullish, especially in November. On the weekly Time Frame we can spot the decision level is at $1,150, however from the current price is still quite far. There is no sign of reversal yet, even on Daily chart, momentum still slower,...
After 2 sell-offs Amazon is going to enter the Black Friday week, and later the Cyber Monday. Are you going to buy it ? is it going to jump up?
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Hello everyone, Some people found my " Orangutant pattern a.k.a China ape offensive " and this way I would like to apologize to everyone who has found it so. I didn't mean to insult or hurt anyone So please accept my heartfelt apology It is my Birthday today and your likes and feedback for my previous work ( Orangutant pattern ) were the best present I could...
Walmart's Big Save Event start Oct. 11 at 7pm through Thursday, Oct 15.
Best Buy to Hold Black Friday Sales on Oct 13-14 Over 116 can continue higher towards 119.48. Above 119.48 can move higher 2-5 more.
We have the chart here that shows the beginning of the Great Depression in 1929. Do you see it? Compare it to the current dow jones history. I see an almost 1: 1 same course. Well, just a little suggestion. Tip: After that it went down another 3 years.
Electronics chain Best Buy has been working hard not to become a dinosaur in the retail ecosystem. Following the model of larger rivals like Wal-Mart Stores and Target , BBY has used new services like product support and in-store pickup to keep shoppers in its locations. The change worked last quarter, driving the stock decisively above $78 for the first time in...
Pretty nice reaction on yesterday's Point of control. What is Point of Control? Point of Control (POC) – The price level for the time period with the highest traded volume. Point of control watch BIG institutions, banks, investment funds, etc. Want to know more? Or want to trade like PRO? Then watch Point of control too in your trading.. Have a nice BLACK...
While we shouldn't expect any moments of high volatility today during shortened US trading hours (also in bonds/yields), we will project what is to come in the USD/JPY over the next week of trading. With the ISM Manufacturing (Monday) and Non-Manufacturing (Wednesday), ADP (also on Wednesday) and Non-Farm-Payrolls (Friday), the main focus will stay on the...
In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound! Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie. The...
What are your thoughts around the current price? If we break the low of yesterday's candle I can see a move lower. That being said, Bitcoin has a mind of its own. As a trader I just stick to my rules, I try not to think but act upon the checklists I work from. If it breaks higher (which I would love) then the option for today to short is lost. It's hard but as...
For my trading is so important have more confirmation for my trades. Like in this case... 1. I see Strong S/R zone from the past 2. Pretty good volume cluster with significant POC ( Point of control ) 3. Weak highs of the market.. Where i expect breakthrough in direction my long trade Happy trading Dale