Taking a look at the intraday price action on AUDJPY we have seen a potential Sell trading opportunity present itself.
As you can see from the 1 Hour chart, we have a liquidity gap drive lower on the 21st September 2020 around the 76.32 level marked with an orange arrow.
This level could have additional order flow resting here as the sellers who originally drove...
Taking a look at the Australian 200 Index, we have seen a good potential short term trading opportunity for a Sell.
As you can see from the 15 Minute chart we were watching to see what price did if it reached the 6000.0 level as this could potentially show a rejection here because its a psychological level in general.
This alone is not going to present a high...
as we can see :
- huge convergence
- RSI is on edge of over sold zone
- there is a major support zone above 320$
- our own indicator is being bullish
We can clearly see the Convergence we have, but I have to mention that the market is bearish now !
So it will be risky to take long position also, but we will try it until...
as we can see :
- Stochastic RSI is cold down there..
- also RSI is on edge of over sold area..
- then we got matched touch on BB ( Bollinger Bands and Stochastic RSI ) and convergence after it !
So it seems to be bullish but the major thing is about the connection between USD dollar, GOLD and S&P index with Crypto currencies !!...
We are updating the bullish trade idea we posted on GBPJPY on the 9th September 2020, price came right to this level and started to bounce higher.
As we mentioned in the original post, if price dropped to this level we wanted to go down to our lower time frames and look for additional confirmation for a bullish trading opportunity which occurred nicely.
the price is oscillating in the shown range for a while that gives us with the confirmation of the pin bar a possible good short trade
please do your own research before entering the trade it's just an educational idea
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Taking a look at the Daily chart on GBPJPY we have seen a potential level that could generate a bullish trading opportunity.
As you can see from chart, we have what looks like a possible stronger level of horizontal support around the 135.74 mark. This level has seen multiple registered hits on the line both using this level as previous support and resistance in...
EURUSD overnight set the stage for a high probability sell on the higher time frames.
Although EURUSD has been in a uptrend of late we had a few factors that led us to believe we could see EURUSD move lower.
These factors include the following.
1. We were looking at the 1.2000 big figure level for a while as this level in general could be a strong psychological...
This is a sharp up-buy of stocks by Tesla itself buying back shares. They said they will price the stock up if investor confidence is restored. Crypto volatility will return and this stock along with 5 others will be bought at large-cap volume.
August 1st, 2020 at 11:00am EST (Atlantic Time)
We have a big rectangle channel and range here, but as you can see we have hidden convergence in rsi, cmf gonna show us the SL and up trend is coming.
In my idea up trend should start after touche 41 and if btc break the 618 of fib(45) we can see a touch on 1(47).
Keep your eyes open, if it lost to confirm 41 as bottom it means down trend is activated ...
The price of Fortive Corp has recently crossed over the historical support/resistance at 62.81 and the MACD looks optimistic, has just crossed over the 9 EMA, and shows convergence. I expect the 50 SMA to cross over the 100 SMA very soon and the RSI looks still ok.
VF Investment cannot be held responsible for any financial damages suffered from following our...
LTC were in a descending channel for a long time! I think this is the time to break it, to being in a stable rectangle channel for a while.
As you can see rsi and price are forming a hidden divergence here, price is almost touching the wedge, and macd looks strong after all.
I recommend you to do long, if you see a candle above the line.
If it failed to break the...