EURGBP just opened above the daily pivot. A/D with 200 EMA indicates an uptrend. Waiting for pivot retest and final buy signal to enter the market.
i was stopped on the first go, risking again triangle is still valid. more confident once we breakout from the triangle
The reasons why I choose this trade. 1. Cup & handle formation 2. 50 EMA, 14 EMA & Pivot breakout together 3. Shorterm trend break 4. On daily chart it is ascending triangle. All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.
this idea is a part of my global Idea about UK Future Trend that already published
For now we can keep our position on FGBL (Euro Bund 10Years) and buy more at 175.84 because there are good signals that it will Continue to go up in the next couple hours Until it reach to price zone ( 176.32 to 176.17 ) and then it will bounce back. Theres a good Buy signal on 175.84 price zone that will have a great probability of winning (Time Frame 1H) My...
Wait bounce from 9588.93 and breakout at 9700 and then next move should be 9835. The above references an opinion and is for information purposes only. It is not intended to be investment advice.
You wanted to buy before. why not at better prices? I have been bearish for a dump to 8k. needed a retrace. and pivot point on monthly needed tested. I see no reason why we could not move on from here. worth a shot
Similar to other forms of trend line analysis, pivot points focus on the important relationships between high, low and closing prices between trading days; that is, the previous day's prices are used to calculate the pivot point for the current trading day. Pivot Analysis in the lifetime Market season indicates that S5 reached two times and the next VIX decline to...
Clear head and shoulders pattern over the last 3 years. Will see more downside/chop before this turns around. But should pop back as soon as Oil price rises and Corona virus jitters ease. Great fundamentals and margins within their industry as well. 1-2 month duration. Will add more to position at $60. Trade at own risk*
Not much to take action on, wait and watch for a possible entry on the the NZDCAD imo.
My prediction is that the over-reaction on taking profits created the fall in price, bringing a new position to get settled in before earnings is released. I believe that we will be rising from the High 7$ & low 8$ by the end of this week. Still is another full week in the market before week of earnings which can create a little more consolidation, however due to...
The fear is out and folks are running for an exit; the reduction of short risk exposure in progress. Best time to look for long entries. However, watch for the transitioning of lower timeframes into bullish or sideways formations for potential long-term buy entries with reduced risk. A 1R return of $2K per contract is the minimum expected return here with a...
Hello Bunny's, here is my analysis for NZDCAD. This pair will be in my watchlist you guys should too. Let me know in the comment section if you guys have any questions.
Going bullish. Sitting on a weekly SR and is already showing signs it's leaving the oversold areas on the RSI on the daily. I'm going to the daily SR at 1.63487 until something changes its direction. BULL TPS: • 1.62096 • 1.63487 • 1.64345 BEAR TPS: • 1.61175 • 1.60126
We are at support on yearly pivot. There is a spring pattern forming, still to early to call it that though need to keep a close eye on 8k. I am long here very risky.
BTC shows a strong bearish favor in weekend After a dump and pump of BTC on Sep. 19, 2019, BTC's price has formed a descending triangle pattern on the M30 timeframe. Though local resistance prevents BTC to go down, most of the indicators on most of the lower timeframe (H4 and lower) point to bearish favor. Though triangle patterns are the bilateral patterns,...
As mentioned yesterday, we are not out of the woods yet. Currently, the Daily Pivot is working as support followed by the Weekly Pivot in case this fails, which can fairly happen. We are at resistance now accumulating beneath it, which is normal and not worrying me by now. I have marked my bearish levels when I would start to rethink the bigger picture, so far no...