Price made a nice pull back and created a nice squeeze which can mean that is time a for the second touch of the bullish channel.
If we will get daily hammer today I am pretty sure this will go up.
Also, price reacted to strong Resistance (1.05275).
Weekly hammer that price created couple weeks ago means that we are in bullish trend now so this setup has a very...
Taking a look at the IT sector of the S&P 500, we can see a some-what bubble formation.
If you look back at the DotCom Bubble you will notice the same has developed ( High, High Low, High High) before tumbling down. Same as the Bitcoin Bubble. Now, going back to this chart it has currently formed that High, High Low and High High pattern exactly the same as the...
Question for the more informed: how accurate is the volume profile(by price) and volume (by time) on Tradingview charts? (that's without purchasing extra data).
It seems to me, thus far, that it is simply calculated off the candlesticks cause candlesticks alone can show volume buy their size alone.
I heard before that data for FX, gold and oil are all not very...
Bullish Butterfly is forming on AUDUSD Weekly Chart.
Now, the price is retracing to Low level. If the pattern is right this time, it will be big chance on huge profit.
(This is for information purpose only.)
From NY to Frankfurt, from London to Shanghai, the comments I hear are all the same: Apple is going down, and FAST.
Don't listen to reassuring comments from Apple folks like Tim Cook, or should I say Tim COOK THE BOOKS!!!
TURN TO CRYPTO FOLKS!!!
The SPY index is going to show what kind of trend we will be in, respecting the Gann Fan 1/1 thus far the down trend will meet the possible reversal point. The chart contains stats to show overall market growth, noting there is room for a market correction. I believe it will not fall anymore than 2% off the high testing the first support for approval.
Greetings Fellow Traders -
I've been getting many questions about where EURUSD is headed, when its going and how its going to get there. The answer is as complicated as you want it to be. There is quite a bit of waiting and patience involved in trading the currency markets, the post I made regarding EURUSD was in reference to what I called a Super Trend, a weekly...