While the CAC40 gave traders an almost perfect technical upward channel for January February and most of March, that channel was broken last week only to be somewhat regained over the past few sessions. It still does not know however if that channel support line is now resistance or still support. Moving averages all signal upward momentum while bull bear...
This analyse used Fibonacci and my indicator call "Min_equity_Thesis_indicator" in Public library of Trading View. I estimated the way of the Archos over the next day. In fact Archos with its new crypto strategy will go up in long term.
But in Short term my signal is short with a target price of 1.23.
If you have any comment, let me know.
Fiat Chrysler #FCA long bias. Long term buy setup at monthly demand zone around 6.22 or longs at new areas of demand. After a very strong rally in price, price usually creates a bigger retracement down to valid areas of demand. This is a long term buy setup at a big timeframe area of demand.
After the second round of the 2017 Frenchelections profit taking put the EURUSD under pressure. Price is now resting in the support area and potentially form a double bottom
Observing the most recent downtrend line for a rally continuation
Do you consider yourself a conservative trader who requires a lot of confirmation before entering? Pay attention to not enter to late!
Often, waiting for too much confirmation is like attending to an all you can eat lunch at 14h30. You pay full price but there is almost nothing left to eat.
This is such a case. Those traders who position themselves ahead of...
Fundamentals: Strong EUR because of French election and weak yen
Technicals: Just broke 122.05 which is a strong level, looking fo a retest with a rejection there, creating a trendline, followed by strong bullish momentum.
We recently had a major gap in the markets after the first rounds of the French Election process. On EURUSD the pair gapped up nearly 200 pips. Price came down quite a bit over the last week, BUT the gap hasn't been filled yet. The market doesn't like holes, and it doesn't like uncertainty. Euro's been consolidating within a 100 pip range, but I believe that the...
After closing in profit two days ago, I detected that the short term trend would top. Clearly I was on the right track. This dip is good to reenter and/or add. I got back in with a half position already, will keep adding gradually today and two more days after until my risk allocation is completed.
I outlined two potential guess/forecasts based on dynamics of...