After the Central Bank of Turkey reduced the policy rate from 18 percent to 16 percent, #USDTRY are reaching D leg of crab formation. Politicians are not still showing any support to TL. Therefore 2nd target level 11,25 is not far away.
Bulls will need to see this volume bar at continue to increase in magnitude. Failure to further develop the volume at the current spot price likely suggests pullback potential; pullback potential is limited, perhaps, to the next lowest volume profile peak circa ~56,965 USD. Notice, the 54,391.69 to 49,244.89 has notably low development on the volume profile; this...
New Zealand national bank increased rates from 0.25 to 0.50 points. It doesn't take a genius to imagine how that impacts the price of the EURNZD pair. With higher interest rates, it is more beneficial for the banks to hold NZD. Plus this pair was in a downtrend before that. The most recent lows are broken ( dashed green ). A somewhat recent low meets a 2019 swing...
COMPOUND trend in falling wedge where make a bottom at 279$ and then test it three times ..so my conclusion is "that is a solid bottom :)" then broke falling wedge pattern make support on golden pocket 315$ ..now need to flip resistance to support at 338$. where make a potencial W pattern/bullish ..potencial long price is on the chart..cheers
The Market's longer term uptrend still intact. Interest rates are driving the market.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these...
Hi everyone This my own idea and not any advice this has been so good to me and wanted to share for anyone else that might see what I do
Verizon is well-positioned for the increasing consumer demand for better networks and services as the company continues implementing its 5G technology, which could be a catalyst putting the company back on the growth path.5G subscriptions are expected to reach 3 billion subscriptions worldwide by 2025. Moreover, the fifth-generation connectivity is expected to...
So as we all know, we're in a bubble right now. Now we know that, what would be the best thing to do? What if you're on a dollar cost averaging strategy and you know we're in a bubble? First of all, you can ride it out. This is the default strategy and there's not much wrong with that. Secondly, if you're semi actively watching the market, you can try to...
XAUUSD Quick Friday Entry After Fridays colossal drop in XAUUSD on Thursday, the pair looks to be slightly shaky at pre American session. Dropping beneath 1770 on Thursday, XAUUSD rebounded and tried to cover some lost ground at the start of trading this morning (European session). Since then XAUUSD has pushed onto 1795 but looks weary as it tries to push for...
**Potential change in trend** Please read chart and notes for more information.
volume has been going down until we had that little bottom with a "spike" in volume. after that, consolidation took place, BUT then more volume come in AND we had +4% and +9% in twno days. we have now broken the previous resistance, and WITH A SPIKE IN VOLUME. guys, if volume starts to come once again, that can easily go to 4 USD (+100% from now). I know, the...
would u have liked to had 56% more #bitcoin? tested the 100 satoshi and up 56 sats in relatively short order
One has to imagine that gold will find its way back to its 200 day before marching on higher given the fundamental tailwinds. If gold trades down to 1800 and we get a nice close above it - I would believe this to be a compelling opportunity to get long or add length if you took a more aggressive entry prior to the breakout. A change in market sentiment with...
or we blow on right through? we shall see #DEFI high-interest savings product 37.3% APY for long-term contracts (greater than 5.4 years) lower APY's for shorter terms higher APY's for larger terms. 1 token would turn into nearly 6 tokens at that APY for 5.4 years. with likely #price appreciation Why #Trade? It's the Best #HODL product I know of open to...
On the chart we have a “Hockey Cross” formation, which as we know is played down, at the ice level. The price of American bonds decreases, their yield increases, which shows us the inflation spectrum on the Horizon. I analyze bonds for investment less than for the effect that their decrease can have on the entire financial market. Dovish BONDS, means rising...
Of course, a lot people would see that the chart is forming a inverted H&S but that also mean the big player too soo be careful of price manipulation. Especially tonight. Technical: Long - 0.769 need to hold to form H&S if it does next target is 0.781 if broken then 0.801 if it still can't hold then 0.816 which is multi year high. Short - if 0.769 can't hold...
Hello everyone, in this idea we will discuss the current price action for the Tesla stock. Feel free to check out my previous Tesla Ideas to get an idea of how we apply simple techniques such as Trendlines and Chartpatterns for great results. Let me know what you think about this idea in the comments :-) Cheers, Ares
Disclaimer: This post will be heavy speculation - but let's have some fun. Let's play this fun game as a mental exercise. In no way is any of this financial advice, nor in any way political, nor does it even reflect my opinion. It is just a mental exercise. I fully admit that economics is not my background, so I will be taking a different approach to forecasting...