Price is relatively low, looks like good place to try some long positions. We are still in sell trend so be careful, build some low-cost pyramid with good RR ratio, at least 3:1. My setup will take some Bitmex founding cash for sure, still more shorts than longs. I accumulated some contracts at 6034-6118, SL under 5900, be aware of big red candles with huge...
It was stopped cleanly at MPP 3.028 last weekend and pushed back, it raised it again, but this time it was pushed back to double zero 3.000. weekly chart In terms of weekly chart, it is sometimes the center of the range, and in the long term it is a market where we can not imagine which direction it will go. In this situation, I think that we will continue to...
It is gold down since last Friday, but it is currently staying under YPP 1269.009. If YPP functions as resistance as it is, if the trend line of the weekly feet below (currently around 1242.000) also goes down, I think that it is the aspect of the downtrend. weekly chart As the most recent trade. 1) Judge that YPP 1269.009 functions as a resistance. Short and...
The S & P 500, which has continued to raise for a long time, stopped raising before 2800.0 and then backed down. Currently it is stopped by the horizontal line near the high price of last month. Horizontal line 2738.6 is 1) Functioned as a support line. Long until MPP 2768.0 long.(long if it can attack safely WPP 2762.1 long) 2) It does not function as a support...
**Drag chart across to view text **Ascending wedge arrow should be "descending wedge" TECHNICAL Reason 1: Pattern: Ascending wedge 1. Broken out of ascending wedge sideways 2. Retested ascending wedge upper descending trend line on 15/06/2018 during selloff Reason 2: -RSI oversold at similar levels to in the past Reason 3: -At lower limit of daily bollinger...
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day! Bunny Token...
With the rumor of possible boost in production from the OPEC and Russia as well as US over supply, Was 73.00 the top? We'll know after the meeting on June 22. We're now at the 78.60% are which has a strong resistance level. Is this valid? Entry: 66.00 SL: 67.00 TP1: 64.00 TP2: 63.00
A large bearish pin bar candlestick has formed off of a key resistance level in silver. Price has been mostly trapped within a sideways range for a number of months. Only once back in April did it try to break it which failed. This is another failed attempt at a bullish breakout and could see price falling lower in the coming days. These are the exact types of...
Nifty appears to be correcting in an ABC pattern (bigger pink wave). It has completed the A wave and is currently going up in the B wave. B wave is expected to first first take Nifty down to around 10500 and then up to around 10730 (or at the most 10850) where wave C is expected start. Wave C could take Nifty down to 10220 though this level would also depend on...
Seling opportunity for S&P500 after this bullish trap in the recent days
Corn is in both a short and long term bullish trend. While the setup isn't perfect, it does offer a compelling buy signal in a currently bullish market. The Morning Star formed off of a pullback signally continued buying strength and is in line with the overall market strength.
Another rebound off the 200dma, sets the SPX into a range between the 100&200dma, and also between 2 trend lines. CPI data tomorrow will determine whether we break to the upside, or push lower for another retest of that key 200dma support. Also good to note that the ~60 RSI level has not been broken on any bounce off the 200dma.
What's up guys, here's a setup I've been looking at for a while. I'm not a position trader- I don't like to hold trades for any longer than a couple of weeks max. That aside, I have saw this pattern coming for almost 2 months since the B level was broken (one could have BAMM'd it!) Here we have a bullish bat formation on platinum. The support level where the...
You can bet against the trend and lose your money. Or you can bet on the algorithm and make money. Today we look at the Crude Oil's future, literally. At $70 per gallon, crude seems way overpriced - at least to my estimated value which in my opinion should be right around $60, if not less. Let's watch what the market do.
The price swing in XAUUSD (Gold) from ~$1310.23 on March 20,2018 to a close of ~$1358.21 on April 11,2018 is identified in this analysis as a 3 wave move (corrective) with the possibility of a Minor wave degree (wave A) terminating on April 11,2018. This Minor wave is part of a combination (WXY) Elliott wave structure that commenced on January 25, 2018. If this...
Descending channel plus lower low to lower high are being made so this indicates bearish move and also bearish triangle pattern is also formed as well. That is 3 indications that this CFD will go bearish.
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO! But wait NEO to buy,...
Right, I believe that a bullish stride on this stock is more than probable however we need to take into account the possibility of a false breakout. We could potentially see prices rise to the upside target of 270.00 which is very achievable. HOWEVER. We need to also note that prices could break out of this ascending channel down to lows of 150.00 . ...