There is a possibility of a falling wedge uptrend continuation pattern forming in the next week or two. Wedge height is ~335 pips.
Geo making another move in my opinion in the next few days. With bitcoin stabilising people will explore cheap altcoins again, Geo has unlimited potential with their use case. Lots of geoinformation based dApps can be created easily on this app --> Example PokemonGO on Blockchain! Now lets take a closer look to the Chart. We see a descending chart pattern...
Pair has completed a break-hook-go on the 1H. Find an entry on a 15m pullback. Short TP 2 -27.2 fib @ .7603 Short TP 2 -61.8 fib @ .7586
Hello Dear Traders, 1.The pair is forming a descending triangle & a break below 1.0649 would open doors for 1.0620 & later 1.0580. 2.the pair's outlook is still negative & break above 1.0700 would trigger 1.0750. 3. News to follow today is Speech by the President on the occasion of the launching of the new €50 banknote at the E.C.B in Frankfurt, Germany. with...
This analysis is purely based on Eastern Candlestick pattern. On the other hand, RSI (Western pattern) is just there as a confirmation but not crucial. Furthermore, considering NASDAQ index, in a month analysis shows there should be a consolidation in prices.l Thus, FB price should be also. But in general both index and share should price go up Have a nice...