NATU3 has currently consolidated between 27,90 reais and 30,40 reais. It almost broke out to the upside on last candle of last week's trade. Let's see if price breaks and closes above 30,40 reais. If it does, we will be looking for a buy. Stop Loss at 29,11 reais Profit at 33,73 reais (just below an important level of resistance looking at the weekly chart)
looks like BLOCK/BTC has formed a large bullish flag continuation pattern. target price is a rough estimation and is labeled on the chart. could go higher than that, could also not go higher than that. if it follows this pattern I've outlined but doesn't make a new all-time high, then this could signal a double-top reversal. fundamentals on this coin are very...
near resistance, the coming days will tell the true , waiting .
- historical support - weekly pivot - rsi oversold territory looking for the middle zone
USDJPY just reached the bottom of a Triangle expecting a rebound SL 107.80 TP 112.45
First bearish rectangle complete. Two more. Will see.
This is my first stock trade idea. I will try to post at least one stock idea per week and at least one FX idea per week. I will briefly share my philosophy on stocks. We want to follow the what the general market is doing. I look to the S&P 500 as my general guide. Right now are in an uptrend, so we want all our stock trades to the long side. Next, we want to...
GBPNZD has broken out of the sideway rectangle pattern, the breakout was confirmed by daily closing and therefore i will be looking for two targets as outlined on charts. I will treat any downside pullback as long opportunity. (This view is valid, unless some unexpected news come out during the weekend) Best Technician
I am waiting for final confirmation to long GBPNZD as the price could be completing a bottom. The resistance of a clear trading range between 1.7400-1.8000 area is being tested. If we break, major upside could follow. In trading, nothing is guaranteed, that's why we use stops. Best Technician
As you can see long channel has been broken and good Opportunity for short trade Good Luck!
This is what I'm expecting from GOLD in then next weeks Rectangle continuation pattern. 4 = fake breakout
Rising Channel, Breakout Rectangle, Supply and Demand, Good Price Action.
Morning outlook - GBP/USD rebounds from weekly PP at 1.2910 The latest developments in the GBP/USD currency pair forced to partially review the situation. On the one hand, the Pound expectedly rose and bounced off from the weekly PP at 1.2910. On the other hand, the subsequent fall through the 55- and 100-hour SMAs entails that the pair is rather...