In my opinion, I think the market on the GBPUSD will continue its uptrend. This is an uptrend as shown by the trendlines and the crossover of the 2 EMAs. In addition to the uptrend, there is a slanted support line which has been tested 3 times and has seen neither a breakthrough or fake-out. This suggests the support line is respected by the market and will likely...
On the daily chart I see that the price is below all the moving averages Also the price closed last week with a great Marubozu which confirm the bearish bias. I am looking for a short positions on this pair for this week.
The price action managed to stay above the .886 and we got our first bullish marubozu candle in the PRZ. My target is the .50 to .618 because the price may reverse there if the cypher turns into a bearish 5-0
Date Pair Direction Trade Trend Level Signal Entry 2019-09-25 EURUSD Short With trend Down Dynamic Marubozu retrace
#Bitcoin_Update We are happy we achieved our Bitcoin prediction 2 days earlier that stated a bullish run of Bitcoin to its yearly high levels once again and reached $11.2K so far. Currently showing a bullish scenario if it can close in such momentum by the end of the weekend. Indications and Scenario's Indication are still showing a bullish trend continuation of...
I thought it was all a dream.. I was so drunk on selling, I had a Bitcoin hangover when I woke up. HAHA! Bitcoin takes a major dive under $7000. While many people anticipated Bitcoin going up to the moon from here, like 99%... The 1% of the population was selling Bitcoin. I hope it clicks about the 99% and the Top 1%. Doing my hefty candlestick analysis and market...
The 1-hour chart of Dollar index indicates that the index is currently in downtrend. It is consistently forming lower lows and it has formed a Marubozu candle during the last hour. So we expect the selling accelerate from here and reach the price zone of 94.14 where some profit booking could be expected.
Good to see on the 1 day chart that we have closed a second 1 day candle above the wedge giving us final confirmation of the breakout. What we are looking at here though is the 4 hour chart not the one day. That confirmation on the one day just solidifies that breakout and greatly increases our probability of hitting the $10335 price target. As of now, at the same...
Since the vote on Brexit, the path taken by the index is fairly obivous. The impulsion started at the end of June then is followed a period of consolidation from beginning of August until the end of 2016. The new year started with a serie of new highs when the index reached 7341 The daily graph shows some sign of a reversal with a recent cross of the MACD, a...
PRGX Global, Inc. finished the previous week with bullish engulfing and tested its resistance level at $4,6 where bulls succeeded at rejecting that price several times. Yesterday PRGX formed marubozu pattern and now looking upward for further advance. We would project the price go up to at least $6 by means of measuring the previous bullish move at the beginning...