The market calmed down, so Japanese yen is weakening.. i am waiting for better price to join bulls between 109.15-108.95 zone with 109.8 T/P (R:R 3.25).
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
Feel free to share your opinion/position via comment and follow me to stay updated.
We have seen GRINBTC in a correctional stage for a few weeks, forming a 5-3-5 Zigzag correction, being now in the last wave of the correctional phase. Yesterday GRINBTC has bounced off the monthly resistance line just to give it away again quickly. This is an indication that the market wants to go lower and we might see a drop all the way down to form a...
Recently, you may think the crypto market is recovering, especially lots of altcoins like WAN, ELF... got really beautiful pump. But don't let the happiness blind your eyes and create you sadness in the future.
Looking at the Crypto King, market number one trend leader, BTCUSD, I still not believe the healthy reverse is coming.
Looking at both 1D, it just break a...
BTCUSD D BITFINEX
Calm my good followers. Profit taking is a good thing in a market, and perhaps a sign of some maturity coming to the still comparatively new BTC Market.
So yesterday after our very BULLISH 4 H close above the channel, we had a Daily close below. As my old trading mentor used to say, In trading the longer the Stronger, so Daily failure trumps 4H...
In the comment of the previous idea i wrote, that i`d like to see the third wave of divergence. Here it is. But i dont think that`s this is my awesome analysis, this was just possible and quite logical, considering the resistance to fall and some consolidation after two strong div waves. In addition to the outcome of this situation we can see the...
The company's efforts to restructure have not come across well so far, trailing its competitors.
Cal-Maine has a long way to go, I believe, to fairly compete with larger players.
I am pessimistic on the company's 3 month prospect and have a $35.00 PT.
Stop set at $45.00 but is flexible up to $50.00.
I believe the company will report lower guidance on Monday.
It appears the next attempt at a peak has passed not only the aggressive trend line but also the tamer trend line set earlier. This means the emotions of euphoria are gone and now the market will return to reality to discover the real sustained levels for Monero. The talk of Monero hitting a billion dollar market cap will cease for at least a month and the volume...
We can go long CALM above the Key Earnings level from the last earnings release.
Keep stops under 51, and aim for a 5 daily ATR move.
I like how it has closed the day above said level, I see considerable upside in this stock, and it has an excellent yield and solid fundamentals.
Good luck if taking this trade.
If interested in my professional trading signals, or...