DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
BANK OF AMERICA CORPORATION COMMON STOCK, SPDR S&P 500, SPDR SELECT SECTOR FUND - FINANCIAL, AURIS MEDICAL HOLDING AG - COMMON SHARES, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bitcoin was trading in a tight range this week, but it is showing a very good dynamics in the last 24 hours. BTC/USD has made a significant decline on Thursday and trying to restore on Friday.
What are our expectations? We think that BTC/USD is likely to move towards 6781. Yep, still same targets for the next week. 6181 was too strong to be broken out.
The British Pound looked strong this week and the currency pair has reached the resistance area at 1,3250. However, today the price reversed.
Fundamental shows that the currency pair has few chances to develop significant upside progress as the Bank of England is still not ready to change the monetary policy.
Moreover, risks of hard Brexit push the currency ...
Breathe. Drop your ego, now, look at the chart. We're going to 3000. The chart is going to shred right through $5000. It might go sideways on $5000 for a few weeks. After that it will melt right through it and continue on it's journey to $3000
EURAUD Broke Neck line
and formed Inside Bar
1.6126 is main resistance now
therefore find a pull back to short
EURAUD and aim 1.5800
of coz, some of you may ask :
What if there is no pull back?
The answer is: you can find other patterns
such as Inside Bar or Bearish Pin bar
Use Lower time frame to enter will be good choice
BTCUSD update: After some unusual activity on Friday that almost lead to a break out, this market is still going no where. This is actually a good thing because the longer it lingers, the greater the short squeeze will be. With the well established higher low around the 6400 area, structure continues to point to strength.
It is amazing to see the herd mentality ...
GOLD Inside Bar formed at high place
1208 is key resistance
and now inside bar break down
therefore we can short gold
Almost everyday I look at the analytics and noticed that a lot of analysts are predicting some strange bitcoin figures: 20 000, 30 000, 50 000, 100 000. This is both funny and weird. Land on, guys.
No one even knows where and when Bitcoin will go out of the balance. We need to build strategy on the facts. Price reaction and volume show these facts. ...
Candlestick pattern- Doji and Shooting star
Major resistance 0.9950
USDCHF was consolidating in narrow range after massive recovery from low of 0.95421. The pair hits high of 0.9955 and shown a minor decline of more than 50 pips today on account of geo political tensions in Italy and trade war worries between US and China has increased demand of safe haven ...
This trade idea is for demonstration and educational purposes only. We see that price tested the $15 levels and above very recently this year; it has potential to reach these prices again, especially given the economic uncertainties in South Africa. As you can see, price retraced from the most recent bull run, it bounced off the 50% fib level (see yellow oval ...
Hello Crypto fans,
if i try to see the future, i often visit the past.
Bitcoin is now better in the fundamentals, but the big boys wanted the best price for there market entry!
If we take the same percentage in a log chart, you see that we could go down to more or less 3.000 USD, but after that point we go up 3 years and make a 100x of our investment!
> RSI remaining quite bullish.
> Maintaining the .382 support and bouncing off the .5 support.
> Rising RSI with a swing low failure and bullish divergence.
> Expecting an impulsive move to the 1.618
> Great risk/reward
USDJPY 1H Inside Bar Trade:
Inside Breaking Up from 110.40 support level
Buy usdjpy now @ 110.47
TP1: 1:1 RR
TP2: 1:2 RR
1. Bullish pinbar reversal closed on daily at support.
2. Price at bottom of descending channel
3. NZDCAD at yearly highs.
4. Descending wedge ( bullish ) within channel
5. All oscillating indicators are in oversold territory. ( Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal ...
With a breakout of dynamic structure and morning star retest this pair give us the oportunity to buy
Possible reversal zone around 22.5 with earnings as catalyst
Perfect example of Support becomes Resistance.
Price bounced of nicely from the FIB level 61.80% with a bearish engulfing candle.
TP: Near 535.00 level
SL: above 555.000
As we are publishing this idea, GM pre-market is at 35.01. If GM can break past 35.20 downward trend line, we are looking to go long.