Today I suggest you an interesting trading opportunity on EURCAD.
We are near an important static level and short dynamic level... so it's interesting to open a short position!
Great risk reward, but I suggest to place stop loss at a high level, given the volatility of this currency.
News of Blackstone Group L.P. and Fortress Investment Group LLC buying Social Capital Hedosophia Holdings Corp. is fairly bullish and new RSI support has been formed and will provide liftoff from the descending triangle IPOA.U has been living in since creation. There will be a good parabolic movement when we are able to escape.
Catalyst: News that the SPAC will...
Hi traders, hope you're having a good start to your trading week.
We have a nice setup forming on USD/JPY on the 4H chart, with a breakout trade.
I analyzed this chart and I have discovered that price appears to be in a 3 wave pattern. Price had impulse down leg (See chart for details), had a
corrective up move, and now has now started a down leg. I am...
I'm already a China bear, and to see BABA get overextended like this screams opportunity. The 50 day kiss goodbye plus negative momentum gives the look of a nice set up. I think there's a high probability we go back and fill the August gap up.
During the last period JNS gained about 43%, going to touch the 16$ level.It's probably influenced by the news about Bill Gross joining Janus Capital Group. It's a key level because on 2010 on the same resistance occurred a triple top and the beginning of a downtrend phase that reached 5,70$ (2011). After that low we can observe a new uptrend phase contained in a...
