not looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month.. immediate and critical support : 1486-1480 immediate resistance : 1515 - 1520 ...
Right - guys and gals - it doesn't get much better than this. Just don't blow up your live accounts on this pattern. Anything is possible. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is...
Hey guys, Just a quick one with Ethereum today - it's been trending in an upward channel for some time now, 4 months or so, hitting the high (resistance) line and deflecting to the low (support) line, and back again! It's currently sat rock bottom on the "Support" line - a great time to open a Long trade, right? Maybe, maybe not. No one could blame you for...
For the first time after long weeks, actualy first time ever; at weekly time frame bitcoin is trading out of a very strong resistance area. but it will take 6 days to this idea gets confirmation, so next 6 days will be a important days to watch they will have so many thing to show.
This is a follow-up on AUDNZD, which is now at a critical position. Price can head south, north or sideways. No predictions - as I have no working crystal ball (and I'm not going to purchase one). Vigilance is needed on this. Watch out for spikes and whipsaws. The usual disclaimers apply - which means if you lose your money, sue yourself.
The DAX is at a make or break position on the weekly. Some will see a double top others will see a triple top. No debates - the point is that these areas carry the least levels of randomness. Positions can be taken on lower time frames. Disclaimers: This is not an encouragement or advice to trade in securities. 70 to 90% of retail traders consistently lose...
Early notice for high vigilance on lower time frames. See this 3D channel.
ZRX/USD Daily - Testing Key previous support now becoming resistance around 33-34 cents - Showing bearish divergence both RSI and MACD -Rising wedge -If bulls cannot rip through resistance could be looking at the 1.272 at .12 cent Jusy my opinion not financial advice enjoy
BRACE! Anything can happen in the next few days. The DJI is at a critical zone on the weekly. 'Everybody' is waiting for more QE and lowering of interest rates. In other words the FED is likely to blow the bubble even harder. But there are crises in the bond markets and currency markets that weigh on this market. So fear is not just about stocks in the market...
After a massive 8H trend down, EURNZD made a bounce north. Now there is conflict with a Daily trend heading south. I explore the probabilities. Have a look. Disclaimer : T his is not a recommendation to trade securities. Your losses are your own should you take a position. This means you sue yourself if you lose your money.
Oil has taken a a more decisive turn. I focus on the 4H time frame review other time frames briefly. My methodology is transparent and reproducible by everybody. I explain in this screen cast how I limit to what extent the market proves me wrong, but at the same time capitalise on when the market says I'm right in my probability estimates.
Anything can happen in the next few hours. Up or down? Theory of curves on Gold seems to indicate probability is north (greater than south). No guarantees. All you can do is take an acceptable loss. No loss - no gain! The choice is yours.
Several important things converge on UK Oil price (on weekly chart) creating probabilities for the south on most lower time frames: 1. Original Grade A ATR switch for the south. 2. Bullish rebellion into a near 61.8% Fib 3. Weak squeeze momentum rebellion (so far). 4. Horizontal zone of congestion near recent price. 5. VMA resistance level. Note that VMA and...
Horizontal wedge patterns are not easy. Some people believe they will break up at the top of trend, while others believe the opposite. All one can do if shoring is take a reasonable stop-loss to include the potential for spikes and false breakouts for the north. Base on higher time frame analysis I favour the south, but this is not a recommendation to short.
AUDJPY is in a critical zone on the 3D time frame. This is one to get ready to short, on a lower time frame. Price is struggling in the congestion zone, which contains a heavy bearish investor sentiment. This does not mean price is bound to head south. It means that the probability estimate from this time frame is for the south. For every probability in one...
I see AUDNZD near a critical ATR trend indicator position, just above an 'investor zone' and in a critical congestion zone. The probability is usually for the south in this situation. This is not a prediction. As this is at the end of long trend south. If it moves south at all - I do not expect much travel south before rebellions north. Price sometimes rises...
This is a classic situation where fear, uncertainty and doubt all come together. The situation with ULTA is critical on the weekly and exposes opportunities on lower time frames.