So price DID NOT pull back to my entry unfortunately and continued to rally higher. But at leats the move up was as predicted. Dont buy this high because the next move the historical analogue is predicting is a short as we start to close in on that 4k level.
The price is expected to continue to correct and according to Fibonacci levels from 142.23 to 141.15 can move up again and touch the target of 145.00. !
The stop loss limit of this position can be 140.40 !
Note: It is suggested to divide your purchase volume and enter the deal as a step by step from the price of 142.23 to 141.15 !!
Yesterday was a ranging day, hitting the highs and lows but trapping both buyers and sellers. But I would say #DAX30 is probably stronger compared to #NDX #SPX #FTSE. Price above my support zone so bias is to the upside but with the consolidation either way is possible. Price is probably preparing for a big move.
Bias to the upside above 13130, targeting 13190,...
As per previous posting
- BRAIT JSE:BAT broke out from the flat top triangle but was met with resistance at the 100ma
- Trade closed by trailing S/L
- Will be watching where in closes today for further clues.
TWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area.
Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B.
VIX Rult #1
VIX Rule #2, don't forget Rule #1
VIX Just reminding you
About; Twilio Inc. offers Cloud...
BottomFinder just gave a strong bottom signal so I thought a great time to post this, since bitcoin is dumping. Many times this is psychologically the toughest trade to make. Bottomfinder can help you manage that fear at the bottom and conversely the greed at the top!
Here is a profit summary for following BottomFinder signals on XBTUSD 1 Hour timeframe for the...
In the 1-day timeframe, the chart looks positive and demonstrates good trading opportunities. Stoch RSI indicates a small decrease right to our buying zone. The majority of technical indicators show that there should be a new wave of growth to the mentioned in the signal targets. SMA, EMA in all ranges are very bullish, Bull-Bear power, HMA are in the buy state....
What I am anticipating for USD/JPY; move up to zone to pull liquidity for continuation of downward momentum. Waiting for price to get to zone to look for rejection and sell entry. Not counter trending as price is still in bearish momentum.
Please feel free to leave any comment on above chart. Would be more than happy to see someone else perspective.
MACD Level (12, 27), MA and EMA (10, 20, 50, 100, 200) indicate a buy state. On the 1-hour chart there is a cup and handle formation which is confirmed by Stoch RSI, Aroon (14) and Fib retracement levels. The price should go down to Fib 0.786 support level and then bounce back to the Fib 0.618 resistance level. Our signal for this coin is already in the Premium channel
XMR grew significantly yesterday and started a correction. Double (triple) bottom was formed which completed XABCD pattern. We expect a reverse of the trend and mid - long term growth of this coin. Moreover a great fundamentals and growing dark net demand will skyrocket the price of XMR. Furthermore there is an upcoming fork XMV.
As we can see, Gold performed so well in the last day trading.
The price went down to below the Major Support @1256, but in the end it closed above the Major Support which is also a 23.6% Fibonacci Retracement.
Right now, the price is moving to the upper ground of the Bridge Area @1264 and also maintain to moving above this area.
The Geopolitical situation is...
So taking a look at the USDCAD right now after some banter on the chat :)
My lines represent where I suggest you short or PUT the asset.
For binary its all about 15-60 minute expiration.
For FX its all about adding more points on for each new line crossed.
See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check...