Analyzing George Soro's speculative trade on the pound. Event: Sept. 16, 1992 (Black Wednesday or the Sterling Crisis) was the day speculators forced the British government to pull the pound from the ERM. This trade was backed by large sponsors, such as the Geroge Soros and other groups of investors and hedge fund managers: Paul Tudor Jones and Bruce Kovner;...
Using the positive correlation that EURUSD has on GBPUSD which shows they move in the same direction, we will be using this structure to follow up this pair and we will wait for extra confirmations before we take a short trade, you can capitalize on the longs or wait for the sells, do well to like share and follow, stay tunned for more updates.
Prices have been coiling on the daily chart to form a potential bullish pennant / symmetrical triangle, which hints at further gains. RSI (14) remains over 50 on the daily chart, and volumes were lower during the consolidation to show lack of conviction from bears, sellers stepping in at the cycle highs. The 1-hour chart shows prices retracing lower after RSI (2)...
A cup and handle is formed on total crypto market cap. The next pump will complete the pattern and leading to the skyrocket wave. Let's DIAMOND HAND, hold Bitcoin, ETH, top coins for a big return. Ignore FUD as well . Happy Invest bros!
In my opinion, On the H4, we clearly see a sweep of liquidity and a MSS and then a BOS. We're now in a retracement into the premium zone for a fine sell. NB:- This is not a financial advice, DYOR
As we observe the negative correlation of DXY with EURUSD, we will be using this structure to watch and follow the markets side by side to see what they will present before we can conclude, do well to like share, and follow, remember to observe proper risk management and do not over trade.
hi there, i just saw a good chart pattern here ! i think it already valid, because break trendline resis! what do you think about this guys? please share , haha disclaimer i just share about chart pattern this post is not a signal be smart and love your money thanks
Journaling: Price is sitting below 0.618 of the daily bearish move. Although price has moved up its taken 7 bullish candles to retrace 61.8% of 3 daily candles. Unless price breaks above 61.8 we will see a bearish move. No need for a large SL my target is the next 61.8 where I will take partial profits
USD/CAD could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 1.3628 which is an overlap support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.3590 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 1.3719...
Hi there traders today is CPI and the best way to trade is not to trade and wait to see the clearer picture before you can draw conclusions on what to do and what you're not supposed to do, save up this template and sit and watch allow the market commit to you before you commit to the market.
Chocho Sell After retracement we enter a sell position in the order block.
The price is now moving in a narrow range I expect we will see take off soon Please support the idea by pressing the like button and writing your opinion in the comment box Good luck 🌹
WTI oil (USOIL) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 78.02 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 76.60 which is a level that lies underneath a swing-low support. Take profit is at 79.87 which is a pullback resistance that...
💎 Paradisers, #SKL is indeed a coin worth monitoring closely. 💎 It rests on a crucial support area and needs to bounce from here to sustain its upward movement. If the bounce proves successful, SKL may retest the resistance around $0.104. 💎 This level holds significant importance as a confirmation point for the bullish trend. Breaking above this resistance is...
Rejection sets in at 50EMA/pattern support to prevent double-bottom recovery. Price now sits at 2878 low and poses a higher chance for further correction. Our hope now lies in a W1 inverse hammer which would require us to maintain consolidation between ~2875-2950 until EOW. www.tradingview.com
Looking to take a long at 156.784 (Daily resistance) Confirmations 1. Closed into new range on the daily charts 2. Strong uptrend 3. Price has rejected off entry in the past 4. Monthly looks like it's trying to flip and drive 5. Price is slowing down near entry signalling a possible reversal Stops are placed below the nearest 4 hour higher low
The share price flew today, up 16%, on the news that the company’s ceo has bought 125,000 shares at $2.00, canny laddie. Short term chart pattern is forming hh’s and ll’s. Make your own predictions on this chart. It’s a long way to the top if you wanna rock & roll.
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6037 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 0.6093 which is a level that sits above the 161.8% Fibonacci extension level and the swing-high resistance. Take...