Here we are with a great project and excellent team and idea that is kind of underprice now. I think if EGLD break the key level 350000 - 360000 sats It will give at least 90% profit. lets see what will happens!
BHEL has given a breakout on daily and weekly charts, after long consolidation has it moved past the 56 levels. Can be seen travelling towards 73 and in long time frame towards 180. Fundamentally changes have been made in the management, new project wins and book renewal can impact this stock.
HODL for BHEL ka jalwa!
Recently I have discovered that assets have not just been in a very bullish trend, but that they are showing signs of being within a specific bullish trend formation. Specifically, bull flags. I'm pretty astonished to have confirmed that this is the case by applying the characteristic ABCDE pattern they display.
The implication of this cannot be understated,...
Uj has shown alot of indecisive price action on the past month, this pair unlike other Yen pairs has shown more bullish arsenal than bearish.
I will wait to see which end price breaks towards in the MONTHS to come before engaging in this market again.
At the moment it is not worth the risk.
EURUSD Trying For Break-Out Counter-Rally now
Using DXY as the confirming signal (please see DXY updates)
we've been short EURUSD for some time now, looking for a
test of 94.20 on DXY as the likely medium term top for Dollar
strength across the pairs. That came yesterday (too busy
shorting Bitcoin to notice, sorry for that).
But EUR didn't quite make it to...
DJIA Dow Jones Industrial Average Futures
The Dow has had a torrid time for 3 months now, falling 14%
from the highs and bouncing three times directly off the
longer term parallel underpinning the rally - and which had
acted as major resistance right up to the point when the new
President/Paradigm took office.
Over those 3 months of wild gyration and whipsaw...
ETCBTC Ethereum Classic Bitcoin
First important resistance lies at 3378-3385 - once it can clear
this range it should start to attract more buyers and begin to
fly higher still spiking into the 3530-3597 range - maybe not a
bad area to hang some limit orders
Very strong support zone, doubt it'll crash through. Strong resistance at 5900. However this was tested several times now, so I expect it to break this time.
I'm setting the target at the resistance after the 5900 resistance.
Remember to set your stoplosses when you enter: markets can sometimes be irrational.
If I made you money, please consider buying me a...
Break-out confirmed. First two stops are on the chart. Good indication for huge upswing potential if price action hits these. Volume is picking back up after the holidays. Set your stop and enjoy the ride!
Bitcoin: BTCUST : Update
1.6666 high reached Friday. The same day that the Times (London) printed their first Bitcoin story on their front
page. Bitcoin reaches mums and dads. Even they know what a Bitcoin is now. The same weekend Bitcoin tops out
and loses just under 4000 points. On Sunday morning as the world sleeps at 7.30 am London time Bitcoin triple...
I have been monitoring the formation of a rising wedge on the EURJPY pair. Formation performance has been estimated at around 260pips and I will be entering a short pending order as soon as I receive confirmation for the break-out.
I can also see the confirmation of a double top formation (or a 2618 play) in the making should the price move further South which...
As described in the original idea, we still believe on the long move of the price due to the formation of the falling wedge.
The bottom support has moved short a few pips but the formation is still valid (to my eye).
Please monitor to avoid a false break move, be wise to wait and confirm the move using other means, timeframe and/or indicators.
The stop losses...
Based on our previous long-term analysis (please see links below), our general feeling regarding the EURUSD pair is going short.
But, as we mentioned on the original idea, we would expect the price to retrace and retest the previous structure support that was broken a few days back on the 1.05700's region.
We believe that this falling wedge formation may...
Looking over the Weekly chart for the EURUSD pair we can identify an attempted break-out of the rectangular formation, expecting a continuation of the downtrend dating back to May 2014.
The above is also supported from a shooting star on May 2016 (to my eyes at least), clearly indicating a short move, and we have been looking at the price tag going South since...
A falling wedge has been forming on the GBPCAD daily chart that lead us to expect a possible Long break-out with different performance ranges.
We would wait for the confirmation of the break-out (use any tools that suit your style), and trade long with TP in regards to previous structure support levels as well as a safe SL.
All feedback is highly appreciated.