After a wonderful short setup on the previous post we expected price to test liquidity level to confirm continuation with overall trend to upside. ---->Price has broke the counter trend line which is also forming "higher lows" ----> Price respecting the 50% fib level which is the golden fibonacci level. ----> the dollar index show weakness to upside and we...
Been holding this chart since 9th July. Bullish till $44/$45 and then we may see the continuation of the Elliot wave pattern (ABC) Why $44? Because that’s where the 50MA hangs on the weekly chart. Or we could just continue to go up, whatever the case I will follow what the chart is telling me. Only looking for buying opportunities in this market since we are...
View intraday view bearish flag and pole Sell below 1085 with stop loss of 1095
Prediction: EURUSD will finish the day at -0.1% to +0.75%.
Big cell, big cost reduction, and performance boost. Rest in peace ICE car. Tesla again, growing exponentially and more cost-effective. Next years are going to be in bright green sunlight.
NZDUSD H4 - Nice potential break and retest play could be seen here, we have already had a minor break and retest. But could expect something on a slightly bigger scale to confirm a break of previous highs.
Hello Traders, Again the same point of view. Two scenarios, the price couldn't consolidate for a long time specially on this pair which is the most volatility one. Therefore, follow the main rule never fight the trend, we trade on Foreign Market, we don't create the trend , obviously we don't change it, we can't. Just follow the wave. The rules are on the...
For the past month (June 2020- July 2020) this stock has traded at 2 different price points. Although volume is low, I see it as an opportunity to buy stock at .005 and sell at .001 on a repeating basis with limit buys (.005) and limit sells (.01) set. This has continued to be profitable strategy for me and is available on the Wealth Simple app (Interesting...
After a 4 month long bull run and having a nice little pull back it seems like we are ready for take off again! We have formed a new up trend on the 4HR time frame with higher highs and higher lows and have just broken above a resistance level, I am waiting for price action to reveal its self with a rejection of this area and we are off to the...
GBP/USD has changed its short term down trend, look for a retest in the lower resistance area. If that area holds the first target is likely. Pay attention to price action after the first target is reached and lets see if the bulls can take back over! Happy Trading -Nick
the signal is buying in apple chart
this days tesla keep going and for buyers you have to keep your position (BUY) my be the next day will go down but this is not a bad signal
it has retraced back to 0.618 level and we are expecting a huge reverse on the trend we can see MACD divergence in lower time frame which initiates the actual move the reverse shall continue to minimum if 100 level of Fibonacci extension from this current position or else if the price falls we may witness a complete trend change