Looks like we are going to close the day breaking through some key resistance levels. A 100% Expansion of Aug lows to Sep highs back to Sep lows and the top of a rising channel. This is also after a breakout in Oct of a descending trend line that's been resistance for all of 2016. Also we are above the 100 DMA and RSI just closed above 60 showing bullish momentum...
Only after daily BO it will be my confirmation that the C wave it's over...
i'm aware about the risk going too far with this stuff but...i like the risk...
Always MAYBE...but it has respected the last forecast... so...
"I got a feeling, inside my bones"....if it breaks i will sell at the correction....
Ready or not? Give me a possibility to come with you...Could be funny! I will update....
I have something in mind but....check out this pair... i will update...
GBPNZD broke support at 1.775 are falling towards 1.687. A good RR short trade with a SL at 1.80 area
AUDUSD slammed in past days trying to stay in the channel and re-gain 0.77 area in the medium term.
After being in overbought levels inside the upchannel that CCI is following, there has been a period of accumulation and now the stock seems ready to take off again, with the MACD and the Koncorde crossing
I haven't traded the Euro - Dollar much this year, mainly because it doesn't have a longer term trend to it. We are still in a consolidation from the descent from 2014 to the middle of last year 2015. So far this year price hasnt broke the desember lows 1.05168 which would give more conviction on its longer term down trend continuation. 2016 Open and set a range...
last week We made a big move to the downside, the week opened @106.118 and closed @102.010 Leaving the Yen 410 Pip stronger against the USDollar. Last week's move was do to the BOJ disappointment. The market was expecting a larger stimulus then what was announced with the BOJ only doubling its ETF purchases to 6 Trillion from a previous 3.3 trillion Yen. They left...
I first would like to thank all who have came over to my tradingview profile and liked or followed. I also want to extend my personal thanks to Ichimoku_Trader who brought my publications to a good percent of you. I'm new to the whole social trading so please bear with me on my response time with the messages, I'm not a teacher nor an educator I'm a trader. I have...
From a technical perspective the $230.65 resistance is a critical area for the upward break and any dip under $217.56 support should be watched as a change in momentum... In the medium-term Elliott Wave Cycle and the Fibonacci Retractment suggest that $244.73 can be seen as a Target with a stop loss at $217.56... Any comments or suggestions would be much appreciated...