As you can see from the chart, the price has respected multiple times the trend. Even if there is a trend it does not mean it will go up when it hits the trend, if it crosses the trend then I would recommend not to enter. ALWAYS WAIT FOR CONFIRMATION.
AUDUSD has reached a low point and a strong support line and I am expecting a reversal...keep in mind it most likely wont reach tp 3 so plz trail your profit....move sl higher in profit as it rises.
One of my absolute favorite stocks for the next 3 years: ABBV. I'm letting it come down a bit before initiating a position. My model says that there is going to be heavy buying between 74 and 79 which is where I will start accumulation. If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I...
Post the sugar-rush of speculative buyers, the commodity sold off heavily, gapping through a short term uptrend-line. Now the commodity, represented by the ETF JO, looks to be stabilizing at the 38.2% Fibonacci level from the Dec 13 high. Moreover, we see a cluster of moving averages, including the 200day Exponential Moving Average at this level. Given the current...
Current State: We can see that the price already Retested the Supply Zone. Expectations: I expect the price to drop. The first possible target would be the Support Line. We could even see EURUSD moving more to the Down Side. So the Demand Zone marked on the charts could also be a nice Target. This is my Analysis on the EURUSD. I hope you enjoy it. Feel free to...
Bitcoin seems to be able to sustain price level and follow the support trend line that I described in my previous analysis If it works out then: 1. We should expect price breakout somewhere in January (crossing point of the red downtrend line and the main trend line) 2. Price movement after the breakout should be parallel to the previous one, therefore I expect...
1. BTC follows the green trend line which indicates strong support 2. dashed trend lines confirm direction of the main trend and chart structure consistency 3. There is a high chance that BTC will follow support trend line and eventually go higher This is not a financial advice, do your own research!
AUDUSD breakout the daily downtrend we have good buy analysis
Everyone is ignoring this long term trend line, and BTC is laying on it right now, when sentiment is mega bearish. In previous posts you can find more details. Anyway, this is the location for buying, not selling.
4 Previous touches on that trend line, and now some bullish candles appearing. I bet a lot of people are wanting to join in right about now. And if you are tempted would your stop loss not be where I have put the trade prediction? Well if I can see that, big banks and institutional traders who get paid a lot more than me can see it. Apples for the taking (I...
- When people ask me "what is bitcoin?" - I tell them Bitcoin is a digital one world currency created to counter inflation... - As governments continue to print more money Bitcoins deflation takes the value of failing fiat currencies... - BE IN BITCOIN FOR THE LONG HAUL. Stay profitable - Dalin
Hello everyone, I found a shorting opportunity for HD, bouncing down the channel line. We can short and close in the next days.
sideways of hell leading lots of frustration. don't lose sight of bigger picture. don't short till the line breaks.
Here we have Monero or XMR over on the Binance exchange. This chart utilizes Gann in a somewhat unique configuration.
Sometimes to think outside of the box it requires an outsiders perspective. . . . .