Perhaps the main event and surprise of yesterday were the devastating data on Japan's GDP for the fourth quarter. The country's GDP fell by 1.6% (the forecast was a decline of 0.9%) in terms of q/q and 6.3% in relation to the same quarter last year (the worst result since 2014). This is a very alarming signal for the global economy because Japan is the...
I will open Buy in Zone. Reasons: - the trend is bullish; - there is a new Support/Resistance Zone; - potential profit will be 3 times bigger than the risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
We can open Buy if the price will cross the Resistance Level 1.30704. It can grow from the Resistance Level to the higher border of the Range Channel. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
As we can see, price has broken out of December's descending trend line. Price eventually found support at 142.940. Right now, it's in a small bullish flag. If price breaks out of that flag, it shall go further til it reaches that level of supply. Will it show rejection from that supply level or break out and retest that level?
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 1.31133 TP1 - 1.38503 TP2 - 1.42264 TP3 - 1.46475 TP4 - 1.51890 TP5 - 1.57455 TP6 - 1.63772 TP7 - 1.71293 SL - 1.28877 Reason: Price formed Inverse H&S and already cross the resistance trendline. Also Price was supported by Pivot Point. -Please consider to put your stop-loss below...
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 144.960 TP1 - 155.608 TP2 - 162.263 TP3 - 168.252 TP4 - 176.906 TP5 - 186.554 TP6 - 194.872 SL - 141.799 Reason: Price formed Double Botto, Price was supported on Pivot Point -Please consider to initiate a position on a confirmed breakout of 61.8% Fib Level. Thank you for...
The price can bounce from the Trend Line and grow after that. But we should be careful because there is a Resistance Level that can reverse the movement. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
We can look for an accurate Buy position. Reasons: - the price is close to the Support/Resistance Zone; - Head &Shoulders is continuing; - potential profit will be 3 times bigger than the risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
I will look for an accurate Sell entry in marked Zone. Reasons: - the price forming a downward channel; - the trend is bearish now; - potential profit will be 3 times bigger than the risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
China yesterday began to actively restore economic and industrial activity in the country. Judging by official figures, the epidemic has begun to decline, so there is reason to believe that the worst is over. In this light, yesterday's growth in demand for risky assets is generally explainable. Perhaps the global economy in general, and China in particular, will...
Traditionally, we start the review with news about the coronavirus epidemic. Once again, we note that the matter is even on its scale - thousands of times more people die from ordinary flu, and hundreds of thousands of times more get sick each year. The point is the problems that this epidemic has on the global economy. A number of key industrial centers in China...
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 141.669 TP1 - 141.088 TP2 - 140.434 TP3 - 140.022 SL - 141.827 Reason: Price was rejecte by Ichi Cloud resistance and Pivot Point, also by 61.8% Fib level. -Please consider to initiate a position on a confirmed breakout of current support zone. Thank you for reading this idea!...
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.92350 TP1 - 1.91131 TP2 - 1.89521 TP3 - 1.88351 TP4 - 1.86717 SL - 1.92740 Reason: Price formed Head and shoulders. Was rejected by Ichi Cloud resistance. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember...
Great British Pound is currently trading around 1.2880 , which is our buy zone, will possibly retest november 2019 low before continue going upward.
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.92623 TP1 - 1.87699 TP2 - 1.83027 SL - 1.94139 Reason: Price was rejected by Trendline resistance of an Ascending Channel and we can follow the retracement. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember...
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.28702 TP1 - 1.26844 TP2 - 1.24704 TP3 - 1.21662 SL - 1.29321 Reason: Price broke support level of an Descending Triangle. Currently breaking the 61.8% Fib level. -Please consider to initiate a position on a confirmed breakout of 61.8% Fib level Thank you for reading this...
The main event of today will be the publication of official statistics on the US labor market. On average, experts expect a gain of 162K. This is more than it was in the previous month, but less than the average value for the last couple of years. In general, it is worth noting that the trend towards a decrease in the number of newly created jobs with each new...