We can see that GBPJPY has formed a resistance at 143.350 and tested it several times since 23-12-19 it now 18-02-20 we can see a weekly candle close above this price and the Pound can gain strength fundamentally along with Brexit news we could see a bull run but we could see a drop from this price but we shall be patient and wait and see.
this pair to show some weakness in the near term to complete final corrective wave labeled as Y. short position from current levels is backed up by Elliott waves analysis and a very important level Nzdusd has reached in today's session. good luck
the pair completed an X swing near 1.3320 level, i believe this pair might extend lower in the coming sessions to target 1.29/1.28 in the near term to complete the complex corrective cycle. this scenario might push oil higher to perform a 3 waves pullback. good luck
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Normally I just make macro index stuff, but today I decided to analyse TESLA stock... here is the picture...
Ross has a top forming monthly. Macd crossing on weekly as well as rsi maybe topping. This is not trading advice.
Earnings beat, shorts pushed it down bigly, rallied back up the next day, now we're bullish re-testing. There is a virus which doesn't have a cure, doesn't have good data about (expecting China to provide anything legitimate is funny meme), and journos need something to write about. Why not stay inside, watch some Netflix? With a very high short float and big...
GJ drops to gain momentum before taking off to the upside. pound regains strength all 2020
Hello Traders! Today’s chart update will be on the S&P 500 Index which has clearly broken it’s all time high and now is currently in a blue sky breakout. Points to consider, - Overall trend bullish - Key resistance broken - 200 MA is support - Stochastics in upper regions - RSI trading in overbought The S&P 500 chart is has been extremely bullish by...
short - short-term CO2 GRO INC retest of the downtrend
EUR/JPY has been riding some corrective waves recently on its way to the outer boundaries of higher timeframe structure. I decided to take a short term buy in order to ride the shorter term move in preparation for bigger things. Some confluence for me is as follows: - corrective structure in the form of an ascending channel, interacting with higher timeframe...
AUD/JPY Selling opportunities presenting itself on this pair with a larger timeframe corrective channel. By using the three touch method, we can project some exhaustion before a move downwards. A few points of confluence are as follows: - corrective nature which has happened historically - three touch method at channel highs - previous area of market structure...
Divergence noted in 15 min E-mini chart; however all charts 2 hrs and above show momentum strength to the downside. Note the buyer action in the 15 minute chart. I see this buyer action playing out Sunday night, and sellers coming back in around 5 am and into the morning session for a nice short opportunity. Your thoughts? FireKnight
I am expecting increase in the price of COINBASE:BTCUSD , We are seeing an inverse head & shoulders on the 1H & 4H. Might see a retrace to the 80** levels, then drop down again, and BITFINEX:BTCUSDSHORTS go back up again. Hope that my idea is wrong, and price keeps increasing & shorts go even lower ! ! This is not a financial advice, please invest...
Mr. Pips has been watching the BTCLongs and BTCShorts and is noticing some issues. BTC Longs are nearing an all-time high and shorts are what most would consider extremely low. Even the Longs are stacked the price has only slightly increased. If you've been following BTC for some time then you are sure to have noticed that the Whales love to squeeze positions...
Eur/usd - trend is bearish On daily we got bearish signs and till we under my ''black level'' i will be shorting and defending this lvl. If we get above i will play longs for longer time. I belive on 4h we shouldnt cross zzb whish is comibanterd with 50% fibo - retest its possible and i want to see future downside after it. Some people see long and buying now,...
silver is trading in an expanding triangle labeled as wave 4 (iv) and just finished the final leg expected in this triangle. we are waiting for NFP report in 40 minutes in which i expect a move lower for silver to finsish 5 waves down. 16.30 level is interesting level to long again silver.