- President Trump has stated that the trade war is having an effect on the US economy possibly in an attempt to devalue the USD. The President wants a lower USD in order to boost the exports and imports for the US. - breakout happened and waiting to re-test this structure. - further sell or short opportunities after re-testing. - potential target to reach: 1....
- expected further downside. - best entry: 11760 - NOTE: enter after right shoulder been formed and reversed! - price expected to form right shoulder. Regards, GoldfXcc Team
- as we mentioned in our previous analysis - EURGBP closed bearish last week off the key resistance and with the commercials continuing to buy GBP the reversal seems to come. - on H4 price moving below 50 EMA - a breaks through the trendline we expect price to test the weekly level of 0.9000. - set SELL STOP: 0.9118 - Potential target to reach: 1. 0.90900 2....
- rejected the key 0.9300 resistance zone and formed a bearish close. - this could suggest that we could see a significant reversal. - look for bearish opportunities on this currency pair in line with the commitment of trader reports. - CoT - added more long positions for GBP and short for EUR. Regards, GoldfXcc Team
- EUR gains strength and the Yen could potentially weaken. - The CoT reports highlight the increase in short contracts of Japanese Yen potentially highlighting a reversal. - Daily price action shows price rejecting the previous low forming a potential double bottom pattern. A break of the daily high could lead us back into the key weekly lows. Regards, GoldfXcc team
JWCA:TSXV - James E Wagner Cultivation: trying to curl while general sector is weak, aside from the brief pop two Fridays ago this has built a decent base in the last three weeks in the high 70c to low 80c range. 81c is currently the biggest psychological resistance as we haven't had any ability to hold gains above it, 81c will also represent the middle BB line....
Buy the dip is phrase that often comes to mind at times like these. Blindly buying any market decline without an appreciation for the underlying conditions causing the drop is foolish and unprofitable. However the panic caused by falling share prices does provide us with some excellent profit making opportunities provided we stay flexible and keep our eye on the...
Quality project, quatity team, quality partners. Lots of things to be accomplished in 2018. po.et Can it make another run? Bought it first time around 200satosthis. Must be careful with 400m market cap now. Grown quiet a bit with the increasing demand for crypto currencies. 4 hourly Stoch RSI is heavily oversold, and needs a breathing soon. I will take the...