EurUsd head and shoulders formation, daily and weekly outlook. Previous support held. In for the long term
By Q1 of 2019 we could see gold trade as high as 1450! Remember Technical Analysis is Personal Perspective and there are many fundamental factors that contribute to the Price Movement on Gold including, but definitely not limited to: Manipulation Fiat Currency Large Investors (Switzerland, Russia, Independent Individuals etc) that have accumulated a long term...
Here we have XRP on the weekly chart. Unfortunately, As we can see, Ripple was one of the cryptos which retraced the most. To almost a 100% of wave 1! After 5 minor waves up, so far we have an ABC type of correction. If we assume that we are done with the correction, we can anticipate the start of wave 3 which is often the longest wave! However, we could get an...
The IOTA bearish momentum remains to be relatively weakened, as crypto found key support at the $91.50 level, as the coin only hit a marginal new low in the midst of the crypto segment-wide decline move. While a trend break may be in the cards, just long-term traders and investors should consider looking for entry points.
Here are the 3 keylevels to watch in one hour timeframe.
Let me admit here something - (let's say) I am a complete novice if it comes to TA... so what do I do ? I google bear flag and what do I get : The bear flag pattern is found in a downtrending stock. This pattern is named for the resemblance of an inverted flag on a pole. The bear flag is a continuation pattern which only slightly retraces the decline preceding...
The coin remained range bound from March 22, and it broke below to the downside on March 26 and slumping to its destination to our T/P 0.5325. Investors and traders should avoid bottom fishing if the virtual currency breaks down under 1.0. Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until...
Could Tron go up to highs of $10? Let's wait and see guys, I truly believe that we could see highs $10. Perhaps $15. Let's Wait And See!
BITFINEX:XRPUSD Trend - Uptrend in major timeframe could confirm when price breakout / stand over 1.2 Possibility - Range in 1.2 - 0.7 waiting for market choose direction Key support - resistance - 1.2 (61.8% retracement from All Time High) - 0.7 Latest Low Chance Entry - Buy zone : 0.7-1.2 TP : All Time High , All Time High+ SL : 0 (Leverage 1-1...
And the lagging span line (chikou span line) is actually trying to cross the ichimoku cloiud in one-hour timeframe. If the lagging span line gets over the kumo then that would mean a confirmation of the uptrend at least in one-hour timeframe (for hourly investors). If the lagging span line gets over the ichimoku cloud then one will have then to watch on 4 hour...
Generally speaking we're all pretty aware that a "Buy & Hold" strategy works well. Yet, we find outselves "trading". Despite the evidence indicating this is unwise. In a snapshot view we can take a look at the daily chart (nearly a years worth) and view our 3 stocks in the Biotech basket - and we can pick up some obvious patterns. These stocks are very much...
One of my very first pairs I posted- REVISISTED! Here is a new plan, as I think now (and at a couple other lower prices) DPS is a decent medium term buy- meaning it's not going to be a day trade, but you're not going to be holding on to it for years. Fundamentals: In this tricky market we have had towards the end of last week and in to this week, TECH stocks...
LILA is another stock with positions recently added on to by investment group Dodge & Cox. The stock has been trending down since it's initial high, and prices are once again finding an area where they are to either continue on higher, or go down further. The stock has had some slight increase in volume recently, but prices are still below the major resistance...
Shares of this stock were recently purchased by investment group Dodge & Cox, the prices are going through a major wedge shape, which is slightly pointed upwards at an angle. The top of the wedge is at a major resistance from the highest price the stock has reached dating back to 2015. The prices are also bouncing from the 200 MA, providing an area of support from...
This is a simple analogy to the worst and best scenarios for those trading xrpbtc. TRADE WITH CARE THE WORST SUPPORT SCENARIO GIVES US ALL A GREAT CHANCE TO BUY LOTS OF RIPPLE AND MAKE TONS OF PROFITS
EI HOTEL ACTUALLY HAD A GREAT RUN FROM 102 LEVELS. AFTER THAT THERE HAS BEEN IN A CONSOLIDATION OR RANGEBOUND PHASE IN THE PAST MONTH OR SO. TODAY IT BROKE OUT WITH VOLUME IF YOU SEE THE CHART. RSI IS ALL SET TO GO ABOVE 70. IM BUYING AT CURRENT LEVELS OF 139.70-140 AND ABOVE WITH A STOP OF AROUND 130 LEVELS. TARGET WILL BE ABOVE 170 LEVELS . IL BE TRAILING MY...
EURAUD 4hr. For the head and shoulder pattern to be valid I believe the down leg after head formation should've gone to the neckline at around 1.3890 (shown by ellipse with question mark). Instead the pair was halted at 200ma confluent with 50% retracement and created a higher low, invalidating the h&s in my opinion. The pair may now respect this ascending...
The pair complete triple cycles on Weekly, with divergence on W, D TF. H1, H4, D all with bullish momentum, the price also break trendline on W, that is so powerful. I think it is suitable for investor on Weekly, target to 1.372. There will be much news on Bexit negotiation, please take care.