DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, ISHARES MSCI EMERGING INDEX FUND, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, PROGREEN US, INC.
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
A downside breakout would signal the continuation of the downtrend.
USDCHF Potential Bearish Rectangle Breakout @ D1 Time Frame. Breakout to the downside would signal the continuation of the downtrend.
GBPUSD Bullish Rectangle @ H4 Time Frame
The price is testing the support and resistance levels several times before eventually breaking out. It might go upside or downside. Expected is downside...
long eurusd in the zone
Looking back into August we hit walls at these levels multiple times.
Even if you were stopped out below the boxes and came back into the trade, you should have a 20% roe or more from directionally trading said range.
The green is a trend initially starting on June 28th - the current price drop has respected and bounced from here at the moment.
I don't like ...
DGB success to break channel down at previous pattern, and perform channel up.
Right now DGB at fibonacci support area. If this support able to hold bearish movement, we can aim 31% profit projection at 552
If this pattern failed, we have 2 support line, at 351 as triple bottom suport and 302 as major support
Although SPY's counterpart DIA broke through resistance last week, SPY has maintained itself within the ascending rectangle pattern.
While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future.
Market is still looking great though.
Daily Darvas Box in the works here. Break out of box should send us toward highs around 68.5.
Not a pro trader, not advice.
Looking at BTC on the 4hr bitfinex chart, I think we’ll likely see some downward movement in the short term. Since August 21st, we’ve seen 5 failed attempts to breakthrough the range in the orange rectangle. Additionally, the 200 SMA is converging on this area creating addition resistance in this area.
Should we break downward, ...
It appears that there is an ascending triangle that could break the downward trend-line and bring the price of bitcoin up to ~$6900.
Bullish Flag Pattern Formation. Tight S/L should be used
USDCAD Bearish Rectangle Pattern Breakout @ D1 Time Frame
Breakout of the triangle pattern. but hold till $6200 as i mentioned in previous briefing.
Then, let's analysis BTC shortly.
. Bearish Engulfing Candle on Daily
. Breakout of the triangle
B. Daily Chart
Bearish Engulfing Candle -> possible more drop
C. 4H Chart
Symmetric triangle squeeze with continuation to the downside, target is the widest part of the triangle, from the swing high and low, target: 204.
This is Aussie/Dollar Daily chart and as we can see, this market is in long term down trend and price has pulled back towards the trend zone which is also a broken old support near 0.7330 and now we can expect that market will turn and resume in trend direction once again. We have good confluence factors here aligning such as trend, trend level 0.7330 and dynamic ...
-9 Week horizontal range
-Strong telecom sector with a lot of focus on the largest market share stock TLS, could help push this up
-Earnings on 27th so the later into the week the setup takes to follow through, the less likely I will be to enter
-Measured move to 4.22
Will wait for a daily low to set a stop against and will look to place orders for tuesday if R/R ...