The second 54 year cycle of major trough years - 1913, 1933, 1949, 1967, 1987, 2003 - only the latter year did not fall in the 9/56 year cycle Will we see the bottom in 2021? Best regards EXCAVO
Evening Traders, Today’s technical analysis will be on GUESS, breaking major structural support and confirming a bearish retest, Points to consider, - Bear Trend (consecutive lower highs) - Structural support breached - Confirmed S/R Flip - RSI oversold - Stochastics in lower regions - Volume climax evident GUESS has been in an established bear trend with...
The ounce will certainly break its previous ceiling in the future between the period of 6 months or more, which will be increased by the deep global recession. But now, with the emergence of the corona virus, its global price has risen, and the news of its destruction over the world gold price will certainly see a temporary drop. The bullish and bullish targets...
Positive expectations for the upcoming U.K. general elections could keep sterling supported throughout the session, especially if polls continue to confirm the Tories’ lead. A couple of medium-tier reports from the U.K weren't actually impressive. Monthly GDP was above the previous but QoQ and YoY were lower than previous no good changes. The construction site...
Chinese YUAN / USD pair touched the top of the falling wedge channel so if price drops we expect Gold/USD And Bitcoin/USD pairs to start an uptrend since the Chinese will exchange their YUANs to safe-havens like gold and Bitcoin. Consider that Gold started its uptrend a few days ago.
S&P500 reaches a new ATH. However ISM/PMI Data out of the US speak a different language. After we have already witnessed a global slowing and contracting of the economy with many countries having PMIs under the 50 level for quite some time now, the US has now followed this trend that has been going on for over a year. PMIs again came in lower today and under the...
"Markets took a break" the lack of high-profile news and frankly difficult weeks contributed to that yesterday. GBP has tested 1.30 against the dollar. As we expected unsuccessfully since a successful test requires positive news from Britain. Johnson’s attempt to accelerate the negotiation process did not bring home the bacon. Parliament refused to re-vote on the...
This looks like a really good short opportunity, EURUSD is in a 4H/D downtrend so we will stay in short positions only until that primary trend changes. EURUSD looks like it will be moving up to Fibonacci resistance 0.236 (15min chart) technicals (ie RSI, Stoch RSI, and Momentum) all suggest a short term upward movement which purposes a nice entry for a short...
Yall better get ready for this ride, its going to take awhile, but the technicals line up, wyckoff distribution, approaching an order block, we are about to CRASH
*** This article is not for sale or buy. The CME expiration date has a major impact on BTC's trend transition. Inverse head and shoulders pattern & CME expiration date, Triangle pattern & CME expiration date. 1. Current Coin Market Status - Coin Cap : 179 Billion $ - Bitcoin Dominance : 52.0% - Volume by National Currencies : USD(36.5%), JPY(44.2%), KRW...
It mirrors IPO action in the RSI and price action. I think we are entering the continuation of the bear market. Please see my $DRIP chart here for full analysis:
The strong volume we had on Friday has peaked my interest. And a massive drop on Monday would not surprise me. Either somebody is selling the top, or I am unaware of some logical reason for this surge of volume. It's never possible to try to call the absolute top without making constant predictions, but I would like to try. Monday will mark the end of the bull market.
Hi there, i'm sorry to say but i can't give any substantial input because Economic Confidence Model (ECM) is far beyond my Kung Fu and a lot of precious content is behind a pay-wall. I would like to know if there is anyone here willing to share his experience and knowledge about ECM and whether there are chances e.g. to build correlations and thus indirectly make...
I am placing a buy here with the bulls on USDCHF because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an opportunity to buy for the USDCHF pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out of...
Triangle/flag down, imho. Have a good days...
Honestly, I'm not sure what this means. Feel free to leave a comment below and let me know your thoughts. Happy Trading, folks! Cheers!
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil