NQ1! - Plenty of opportunity to capture points up and down. However, if your bias is to the upside, here is how it may end up playing out. In my opinion, what will be a last leg up before new LO's. Yellow lines are areas of targets for resistance and support (as high as 6870). We may have already seen the support (6245) for higher moves put in on Friday,...
Based on the Daily, EURUSD is looking to become a long to rally up with enough support.
Gold 2019 position trade setup for good investment next year.
Firstly i would like to thank TradingView for continuing to provide the best platform and customer service. I would also like to personally thank all 19000+ followers who join me everyday to break down the charts. I hope you have a prosperous and happy new year. Tom Hall.
Looking for the short setup on Bearish PA confirmation around 89.900-89.920, stops will be placed above 90.200. If price breaches and presents bullish PA above 90.200 the trade setup is no longer valid (new entry setup must be seeked.) Downside targets of 89.500-89.000.
"Wall Street quiet on last trading day of a strong year" www.reuters.com
Hello! At the moment we`re facing some resistance at 16500. And the reason for this may be this things: 1.some divergence on rsi at 2h 2. appearing head and shoulders at 1d 3. holidays?:) About rsi. On the picture you can find an anology with 2017 autumn. So i expect the pull back towards 14k level to make the bull formation at rsi and continue the uptrend....
Based on the history of bitcoin after negative news btc always drops to consolidated value. It's no different with the segwitx2 cancellation, it's just this time the consolidation has past it's initial low point and is now moving towards the second phase. There seems to be a nice upward triangle wedge every time after initial low. And the total recovery time from...
AUDUSD Weekly UP Channel broken, nice NOVEMBER Short working Overall looking for confirmations to ADD Shorts Maybe some small Long Positions till potential reversal points X-Mas + New Year + January Merry Christmas and a Happy New Year :)
It is obvious - market was in huge channel for the past 8 year since 2008 crisis. Lots of theories suggest that markets evolve into big cycles of 6-8 years. As we add even cycle pattern on this monthly chart, we see the past 2 cycles evenly changed direction after 8 years period. And now we are at the end of last cycle (90 month) since last trend reversal. As it...
In this pair we can identify the possible major Elliott wave impulse pattern unrolling down (blue circles). In the smaller pattern degree you can see middle of the impulse pattern unfolding with in the wave 3 (red ones). Major level of 0.8 is broken down and retested from below. Supportive trend line (connecting monthly close prices) is broken too, but not yet...
Let's talk about timing. I mean, bitcoin is date driven like nothing else. So new year is definitely a game changer. ok =) China plays his fire-ape at February, but the timing looks quit nice. We're still on the positive side for a bright future. I hope our engine will not fail on the way to the moon. Pray there is no need for another 320 test... Push it- push it...
A simple look into the next moves that could be coming for the AUDUSD pair. The holidays are keeping the fundamental aspects away so I dont expect to see much movement until after the New Year Celebrations. Then we could be looking at a downwards move towards .72000 and perhaps even further towards .7100.
Simply stating that we are reaching a potential for some activity on this pair. Once a Candle Closes Above Green Zone I see potential to rise up to the 134.00 area. This could be take PROFIT ZONE. The opposite of that trade is the breakout downwards towards 131.00. This trade is triggered with a closing candle past the red zone. 131 would be the ideal take PROFIT...