In an attempt to follow market conditions and upcoming news, I've been taking long positions after price hit a major support area. After news is released I assume amateurs are going to push prices lower for a retrace within my box. Trade within the wick and hold until content or just before NFP.
If you've still not read about YRIV. A company called HINDENBURG research did a hit piece on them which crashed their stock. The court date is scheduled for April 15th -- if they win the defamation, YRIV will skyrocket. On the contrary, if they lose, it will shoot down obviously as that court news is the only reason this still trading above $1.00 in my opinion.
BTCUSD Needs to catch its breath after that push before making another run for it. I feel it will come back down to re test the previous zone before gaining the momentum to push to the 6000$ mark. I am no expert in crypto currency so any feedback or thoughts would be appreciated. This is not a signal just an idea any thoughts?
Free-oscillation would support the pair to reach new range. In an hourly-frame, GBPUSD ready to smash the ground in favour of Sellers this domination will benefits USD. In spite of further down-trend overall invade volume can eliminate the random traders. Techies, strong support will help to take a solid halt.
Boomerang rocking back to equalize the old history. In a day-frame, EURUSD exactly moves around the range of July 2018. Technical outcomes, validating the possible trend action formation to tally-over the last-catch. In spite of technical catch-up, the pair may set an Impulse track to reach the targeted zone-falling trend could focus to avail the...
Round numbers are good levels for opening trades, placing stop and take-profit orders. Look at this chart where I marked possible trading signals. Don't you think it's rather interesting to use these levels with any trading strategy?
Even if the GBPUSD moves since early March in the short descending triangle, the pair's present downside is restricted by immediate slanting upward trend lines of 1.3075. If the quota is below 1,3070, 1 3030 and 1,3000, sellers may attract the attention of 1,2990 in advance. If at all bears manage to conquer 1.2990 rest-point, 1.2960 and 1.2900 are likely to...
Recent Clash-Leads to trend oscillations, builts intense pressure to eliminate fluctuations. In an 1hr chart, technical data marking the points to strike down.
EUR opposition got the strength to overcome Yen Domination.
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With the aid of ground-level support raise, USDCAD yet to chase the profit for Buyers. In an hourly-frame, USDCAD counting green coins. Buyers may utilize the chance efficiently. Traders keen on trade movements.
The USDCHF was not able to clear 1,0025/30 horizontal lines despite the four-week increase, limiting the pair's short-term upside. A short upward trajectory will nevertheless remain intact if it falls below 0.9960, which in turn emphasizes the value of 0.9900. At 0.9855, an upward could become crucial after 0.9900. Should the number 1.0070, 1.0110 and 1.0130...
GBPUSD seems to forming a triangle now, with support level near 1.30 and pressure getting lower.
However as the Berxit issue remains a huge uncertainty, would not bet on direction now but wait for break from either direction then follow the new trend.