Since August Brent has been in a downward trend, inside a channel. Both RSI and the channel itself show strong signs of reversal. This trade is quite a risky one since we will be trading against the trend. After the resistance has been hit, be wary of a strong reversal in continuation of the downward trend. A stop-loss around $36 will minimize losses in case of...
right after the open of the market, tesla might go down rapidly for a few hours !!!
the appl price is showing an interesting action that indicates that it might go down in the next few hours !!!
Certain advanced economy equity markets clearly losing momentum, and could be curving down: Germany's DAX, Canada's TSX, South Korea's KOSPI.
The qqq it's been in an insane uptrend doing a resemblance to the bubble back then in 2000 with the hype of the internet, hopefully the story doesn't repeat but this scenario combined with the novel covid-19 makes me have some concerns about a not too far recession.
I think BTC is going to take a bearish turn headed towards the main support. Overall the trend keeps being bullish but the market really needs a reset. RSI shows an overbought figure and a H&S pattern is forming on the top, meaning a diversion from the current motion is coming. I can see three main target prices in the fall that might work as a mid term support....
the pair touched the resistance and seems to be following the down trend.
80% long trade 20% shorts, eth & btc, stop loss below supp, take profit next potential leg up and re-enter same trade after 10 min chart bottom, the stair pattern will end at some point short term but on 10d timeframe its giga bullish
Not looking for price to break this level here, with my .01 position open my SL is at the top and would roughly cost me $250. A win to TP would be $500 On Friday El President came out and said he and his wife has the COVID. Market has opened and thankfully gapped up. I am expecting price to drop. I have been expecting price to return to November 2016 the week of...
Hello Guys! I see a nice downward movement for the pair and I am considering entry after confirmation. Looks like a good idea. Consider your own goals and analysis before considering the suitability for this trade and trade on your own risk. Please give me a like if you liked the idea and share your comments below. Happy Trading Day! Note: this is NOT to be taken...
I was just drawing a few lines and got some ideas. What does everyone else think? There is no wrong answer until its wrong so speculation is not limited. Just having some fun. My opinion, is guess 2 or 3. RSI low and MACD made the cross in after hours on the 15min. so we will see. Good Trading.
Maybe we will see $158 before it follows the trend back down.
Hi dear traders. Here we have Eur/Usd pair which I think is going for a fresh downtrend move which you can see it in my analyse candles are touching the resistance are of the old channel im going to set a SELL for this pair. please inform me if you have any idea about this analyse Good luck
A drop seems inbound. I could be wrong so please do you own DD. very good RR at this point.
The EUR/GBP manages to reach a lower low. 📉 🐻 We are already short since the beginning of August; however, it might not be too late to jump on the moving train! Short with stops above the previous highs might be a good idea. We see the downward move continuing. Target is as always our yellow box, where we expect a reversal. Nevertheless, we have to watch out for...