higher time frame in defined uptrend with positive trend strength mid time frame showing continuation pattern in form of falling wedge=potential to breakout or breakdown continuing en route to apex lower time frame showing bullish price action making higher highs and lows as it test resistance area of 135.3x area first target 136.6x area and if broken next...
When we look left we can see interesting similitude let's see ** this is just observation **
reversal zone, waiting for the end of this correction to short, this is my bref idea
DXY: Dollar index and Bitcoin: The Dollar has closed for the weekend on its lows and below critical supports and will get hit again hard on Monday. It should fall a further 1.7% from here over the coming week or two. But there is one potential way to hedge this situation: it depends on Bitcoin breaking above 2460. If it does it should be worth following this...
DXY: Dollar Index The Dollar closed on its lows for the weekend and will likely be sold off heavily if not in Tokyo, in London come Monday. it should fall a further 1.7% from here. But there could still be an opportunity this weekend to hedge - it depends on Bitcoin breaking above 2460. If it does, it should be worth following. Please see Bitcoin comment also.
UKOIL: Brent Crude Update: Weak in near term and approaching key support which must continue to hold to avoid tipping this complex back into full-on bear mode with a minimum downside target at 48.43
If earnings allow it and price crosses 31.50, buy. Technical: - Has formed a triangle: breakout expected - Reached ceiling of 2 year downtrend channel - Already broke first 3 fib levels - If crosses 31.50 will break into 0.382 level - Hovering on buy zone - RSI = GOOD - Last 3 recent highs above one another Fundamental: - Building momentum on earnings -...
In last year's late February we saw a goldencross in gold followed a few weeks later by a deathcross on the DXY. Now we saw a goldencross last week in gold and today a deathcross in the make at the DXY. Expect gold UP and dollar DOWN for the coming weeks or months.
DXY: Dollar Index Approaching the target at 97.43. Get ready to close out all USD longs to lock in maximum profits as 97.43 is tested - but be ready to go long again for second burst of $ strength as per comment
DXY: Dollar Index - was expecting support to arrive at 96.86 but looks like I"m 6 pips out as low was 96.80. Be careful of small reversal from here as per comment
Don't lose faith - the long term support caught and now we still have a few days to turn around and catch lightning here. Anytime I show a lightning sign it means a strike in the price (usually going in the direction of the general trend). In this case POT can get HIGH if we get a little bounce off this support back in the triangle range! Happy Trading!
Price might be forming a double top at the important level. Waiting for break of the red neckline is a good idea.
After the tough time, Deutsche Bank had last year, facing a U.S. lawsuit (...), the stock is finally recovering and we are likely to see a strong appreciation in value during 2017. As the price development suggest, Deutsche Banks's stock price usually follows trendlines for a fairly long time. Moreover, price movements most of the time follow a linear function and...
Senator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely oilmanmagazine.com 2) Awesome News per 8K. Here it is 4/17/2017 8K www.otcmarkets.com 3) MAYOR CONFIRMS PLANS OF MMEX's REFINERY! HERE'S PROOF: investorshub.advfn.com Email confirmation from Lisa D Amato with the Texas Commission on Environmental Quality Air Permits Division. MMEX...