BTC Major Support Test
Bitcoin is again testing the major support area of 28-30k, after previously bouncing up from this area 3 times.
Can bitcoin manage to bounce of this area again of is this the start of a bigger bearrun.
If bitcoin manages to stay in the bearish pattern the upper trend line will be tested next, this trend line must be broken in order to...
The breach of the weekly resistance at the 1.6320 price region came as a surprise to some because three previous strong rejections of the region since the year 2018 had validated it as a strong resistance level.
The Daily time frame had turned into an uptrend before the AUD interest rate decisions came out on Tuesday Morning (EAT). This gave us the uptrend...
It appears Capital One isn’t the only company affected by this--it’s just the first company to publicly acknowledge it has been hacked and the most proactive in addressing the security situation. Meaning... as soon as other companies report the same, they will get the bad attention.
Because of the breach they will lose $150M-300M,...
Well, news broke Friday that CTXS got hacked due to the use of weak passwords, and they had to get told by the FBI that it's been going on for months and they didn't even know. Expect a number of days of strong downward action in this bearish breakout market environment. From the chart, some traders have already started pricing the news in, and I'm going to open...
It's not a trade idea , it just test to bat pattern can happen in long time
it just to make us remember if GBPUSD start rising , where we can go next year
we will have sell signal and buy signal on smaller charts but lets see if we can see this pattern confirm after year from now .
HapPy New Year ..
plz support by likes and comments , share your thoughts .
GOLD POTENTIAL LONG
After this recent week of market activity the commodity market had displayed a strong buyer interest move on Gold. After looking at the daily timeframe chart you can see that price had been holding around the lows since early August of this year. After some time this last week the market had shown strong buyer interest based on the strength...
*Sellers trend with breach of structure
*New low formed (characteristic of seller trend)
*Sellers breach the low making a new low
*Re-test into recent significant structure at 129.300-129.400
*Strong V-formation on 4H chart by the seller (showing their interest)
*Final re-test was weaker than the 100%...
Breaking the strong area of 1.1250, this gives us confidence as we know who's in control of the market. (Buyers).
1. Price action staying in the daily trendline gives us validation because Price is obviously capitulating to the resistance of the trendline.
2. 1.12504 Temporary resistance breached wait for minor retracement back to major support level/zone
As we can see here on USD/JPY There's not really obvious trendlines so i'm playing pure price action here so the market already turn into seller's territory the price is keeping "breaching" so the next level is at yellow-ish horizontal line but that not scratch the possibility that the price can turn into buy territoty so watch out and happy trading (and one thing...
As we can see on AUD/USD Chart the price is about to hit 61,8% fib level and just below that there a possibility price breach but for now the trend is down , just wait for price breaching or break above other than that Stay safe and happy trading
News both Neutral
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