EurUsd should retest the trend line. This is correction. Overall the trend is down and we might see a new low after the retest.
BJC is still in a downtrend, look and head to old resistance. SET:BJC
Welcome back! Let me know your thoughts in the comments! **AUDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Welcome back! Let me know your thoughts in the comments! **GBPNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Hello traders, we have another important week for global markets as speculators are going to focus on CPI report from the United States, to see if prices are coming down or no. This data will be released on Wednesday, so until then we may not see a log of changes regarding the current trends. We see still stocks in a strong recovery mode with room for more upside...
BTC is printing higher highs and higher lows. As a result, there should be a continuation of a mid-term uptrend. I'd expect the price to reach the 30k area within the next couple of weeks. At the same time, a re-test of the uptrend trendline can take place before the rise.
There was a clean bounce off the Fibonacci support. Many buyers consider that a good point for a stop loss, although stop loss hunters are likely to push the price just below the 61.8% Fibs. After that, the uptrend should resume.
PGNY can bring us a huge profit! It's major correction has been ended? Probably yes. ! Lest follow the analysis to see the details. As shown on the chart , PGNY has beautifully completed 5 leg up wave from IPO to ATH . This all way up can be labeled as primary wave 1 . There is no doubt about completion of this long term up going wave. Do we have the...
We are at top of regular correction. Looking sell ideas are good for us
EURUSD with another drop yesterday. Right now this move looks weak and we saw fairly big pullback. To see a continuation lower, it's very important for the EUR not to break above 1,0210. Confirmation would be a breakout of the previous low and another impulse down. Trading right now from current price levels isn't a good idea!
After breaking below the 50 & 200DMA, there are two areas of local Support remaining for WTI Crude Oil. First one being the major trend formed by connecting the dips in mid-April 2020 and December 2021 and extending outwards. This trend also intersects the 61.8% Fib support nicely at around $88, which we are now approaching. The Fib retracement was taken from the...
Welcome back! Let me know your thoughts in the comments! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Yesterday EURUSD rejected the resistance below 1,0300. It looks like we are about to see this pair continuing lower but it is still not fully confirmed. Today we need to see if there is going to be a lower high. If the pullback to the upside is strong then we're not selling! Further confirmation will be a breakout of support!
After reaching 1.382% in January 2022, DENSO has fallen to its old resistance (Currently as support), Will this support can handle it? I think it can't. Now still in correction wait for the price break down to confirm a correction. TSE:6902
Hello Traders. The YEN pairs are looking bearish at the moment. EURJPY has reversed after a Double Top and a LTF Continuation Corrections are forming so we know that price will push lower.
Hello traders and investors, today we will talk about Tesla, in which we see pretty nice and clean bullish development from Elliott wave perspective. As you can see, after we spotted 5th wave back in November 2021, Tesla made bigger, a higher degree A-B-C zig-zag corrective decline from the highs. Corrections usually retrace back to the former wave 4 and Tesla...
Welcome back! Let me know your thoughts in the comments! **AUDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Welcome back! Let me know your thoughts in the comments! **EURCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...