EURJPY H4 - Clear consolidation (pennant) seen here on EJ. Nice strong rally with minor pullbacks from 120.300 to 124.300, now starting to see some accumulation/consolidation, gearing up for the next breakout. Bullish pennant, typically expect a bullish breakout. Generally seen as a continuation pattern, but if you wait for the break and retest, you're able to...
EURCHF H4 - CHF has seen a recent bid, GBPCHF and EURCHF has dipped a little, trendline support on GCF has broken, but support on EURCHF sits at circa 1.07220, lets see how this zone holds as we approach close, could look to buy back up to resistance at 1.07900 which offer over 1:5, with a little bit of luck could break resistance again and look to set new highs,...
GBPCAD H1 - Starting to restrict a little here at this resistance zone. As indicated, we ideally need to break and retest this resistance (turn to support), when we find support on the retest, this could be our buy opportunity. Break and retest is imperative, otherwise you'll effectively be buying from resistance. Some other GBP pairs looking like they want to...
NZDJPY H4 - Looks like these eastern pairs (NZD and AUD) are trying to push. If we see a nice close above this zone and retest. We can look to buy in line with this setup.
You can see that the MACD gives a buy signal on 2 July, and CMF shows us, there are more buyers than sellers. I think we're standing at the beginning of the bullish market. On 4 July QEP got $500 million financial help for Wells Fargo Bank, so the liquidity of QEP is stable now.
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Contextual immersion trading strategy idea. Focus Financial Partners Inc. provides wealth management services to primarily high net worth individuals and families. The demand for shares of the company still looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from...
Contextual immersion trading strategy idea. Qudian Inc. provides online small consumer credit products in the People's Republic of China. The demand for shares of the company still looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $1,89; stop-loss — $1,79. Information...
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Contextual immersion trading strategy idea. Marathon Patent Group, Inc. focuses on mining digital assets. It owns cryptocurrency mining machines and a data center to mine digital assets. The share price rose after the company announced the installation of 700 M30S+ ASIC miners. The company also became debt-free. The demand for shares of the company still looks...
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GBPJPY M30 - Struggling to maintain this upside momentum on GJ. Could see a break of support, retest and correction down to our H1/H4 trendline support zone. Really nice RR if this breaks and retests nicely.
EURNZD H4 - Seen a 100 pip rally from support here, hoping to see something similar on EURCAD, we wanted to take a trade from EC rather than EURNZD due to RR benefits. EC seems to be lagging for the moment, saw a nice H1 engulfing from support, but have yet to break the counter trendline.
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This isn't another altcoin - it's a silver precious metal. Why have I decided to present this chart? I intend to buy physical metals in the run-up to the global financial crisis. In times of instability, investors seek refuge for their investments and precious metals are generally a safe haven. I think in the next crisis, investors will choose this asset as...
Contextual immersion trading strategy idea. ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The demand for shares of the company still looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long...
EURUSD H4 - Nice initial drop from resistance as marked up yesterday, DXY seeing a bit of a bounce from that 98.85 support zone, wonder how far this correction may extend... Full rundown to be posted just after London open.
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