Analyzing NEO BTC (bitance) chatd we see a very very long downtrend from April (0.009 BTC) to August 2018 ( 0.0024 BTC)
On september NEO broke downtrend and has entered in a falling wedge triangle where now we are in.
Falling wedge in a downtrend is a bullish signal so we expected IF NEO dont broke lower support a testing in area 0.003100 BTC
History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
THIS TRENDLINE IS NOT BREAK FROM BUYER
WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH
BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY
We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
So far we are in an unstable result where buyers and sellers are struggling in a fairly cold zone for getting control.
But it's pretty good that sellers are in control of the situation after they have approached the trendline area in the 1 day chart and now should look in the next few days how the situation will be.
EURUSD H4 Update - Currently sat on our H4 channel resistance, ideally need to break through this to continue to the upside for a push through our supply zone. May consider taking profit for +27 if we struggle to break this level.
Aaand the losing streak is over! Thanks to a decent signal from EUR/USD, the HLHB is back to black this week. Phew!
Before we get to the numbers, read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Basically, I’m catching trends whenever the 5 EMA crosses above or below the 10 EMA. A trade is only valid if RSI crosses above...
In case you missed it, the European Central Bank (ECB) recently underscored its dovish stance by sharing that downside risks have proven “somewhat longer lasting” than previously expected.
Draghi and his gang also said that it’s ready to “adjust all its instruments” in case of weaker growth and inflation prospects. Last but not the least, it doesn’t look like...
Floricus is returning to the previous area after the collision of MA 100 and MA 200 and we are already aiming at returning to zone 1298 and then looking for the latest changes after the arrival of this zone
Before the NFP news we predicted by stoch indicator how the market would go,
we already have a fairly clear view ...
Because Gold is now forecast to go to point 1298 and 1300 because stoch slow (6,10) is going up
Today I introduce you to the slow stoch analysis where we will see that if the arrow part goes above then we have a very strong signal from the bulls but if the bow reaches the bottom the salespeople will try to break another resistance in 1287 and continue with down to 1280.
There's a bearish Harami on daily.
Education(HARAM): This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the...
CADJPY Bearish Bat Pattern and Short Opportunity
Description: CADJPY completed a Bearish Alt Bat PAttern on the H4 Chart. Bearish correction is predicted.
OSMA divergence confirms the bearish reversal
Trade Period:Intraday / Midterm
Estimated completion time: 2-8 H4 Candle Stick
The trend in the Timeframe: Bullish
The trend in the...