Check out my trend lines, and predicted price movement lines. This is a fun test of my skills. I have been here a week and am still learning. For those of you who have been following me I am a SBUX bull. I have a high stake in an options call for SBUX to hit $105 by 11/15. I am relying on steady growth until earnings and then a killer Q4 earnings. Comment below...
With market volatility dissipating and a big $30M EU court win for SBUX will help drive the price up the rest of this week. My closing price prediction is $92.50. Are you a Starbucks bull? Ready for Q4 this October? It will be a fun ride.
This here chart is by no means perfect in it's current state. It's a work in progress still. Just thought i'd share it.
Clear 4h 50 EMA & Ascending TL rejection to take lower, which intake was a perfect time when NFP came out to be the catalyst to move Gold up for a simple pullback on a 400-500 downside move, which was another great short entry for gold to take from 1524 to 1504 for 200 pips. Gold Rejected 1H 50 ema, silver aligned well with this too.
This is a chart It shows support and resistance Some are supporting the resistance Others might be resisting to support While most just can't resist to support this chart it also appears that some find resistance to support this chart Either way Bitcoin will find support within resistance as it will find resistance true-out support BITCOIN is
The cryptography behind Zcash is extremely advanced and allows total privacy. This coin has the potential to become THE world money, by being 1) A medium of exchange 2) A store of value Recently, the masterminds behind Zcash -- Electric Coin Company -- announced they will to go all-in on $ZEC. electriccoin.co It's needless to say I strongly believe in this...
First of all, TA. Between channel - between the 5th of October and 18th November we broke our bearish channel, seeing heavy price rejection on the 15th of October and a consolidation thereafter before bearish movement back inside the channel showing price rejection. 72 MA - derived from there being 72 candles on the 1monthly graph or 6 years which is only made...
I don't want to ruin the party. I believe in BTC, however, a pullback in the 12k vicinity is highly likely. We will see. I do believe 100k long term, but nothing moves in a straight line.
Hello all - DuncanForex.com here with another trade idea As per my Gold short trade - I think USDJPY is ready to head a lot higher. (see related trade below) On the monthly chart it printed an amazing pin bar (back in Jan) It is now at the 61.8% retrace level (just under it by about -60 pips (on a weekly chart) I think this could head up to 115 level easily...
On this one, I'm going to trade a short scalp on BAC. A resistance that have showed to be valid is tested again just before the weekend and after that seen some bearish conformation that it is not ready to break yet. With a slightly high RSI at 70 I'm getting in. The target is where I drew the support on the chart. Thanks for reading! Wesley
We can clearly see that bank of America has always been a leading indicator of a bear market since it starts falling before the S&P 500
Trust the force young Obull-one kenobull ! This is what this micro dip will looks like when BTC hit 35k
Ascending triangle formation like most alts. Looking for a breakout. (This is not financial advice, this is a volatile market where anything can happen)
GBPJPY has been on a northern run, but is now breaking the rising wedge and falling. I anticipate a 32.8 retracement due to the strength of the move. We shall see
Shorting GBP/CAD on 4 H. Financial markets will focus on political events, such as the Brexit negotiations.