Higher Time Frames make a case for a pullback and continuation short.
> Quarterly chart has bearish engulfing rejecting 50ema, which has acted as resistance recently.
> Monthly rejected horizontal resistance with bearish pressure, now looking to retest a minor resistance level on the pullback.
> Weekly forming a pullback to 50ema, horizontal resistance, 0.382...
It seemed like the EUR$ has found temporary resistance at the $1.1900 level
The general trend of the pair is downward. But for the month of June the pair made a significant rally until it eventually ran out of steam. Some significant selling occurred on the very last day of the month signaling that the sellers have entered the market/could very well be profit...
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XETR:DAX 90min: BEST level to SHORT 10-15% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and...
Giving the current pandemic, from a fundamental aspect, i'm not expecting them to be as profitable as they normal are.
I think i see a bearish flag pattern. Price retraced on the weekly timeframe the 61.8 fib level and made a lower high, along with a bearish engulfing candle on the daily. I'm expecting a big push to the downside soon.
Modern Meat (CSE:MEAT) is the poster child for everything that is wrong with the Canadian capital markets and the complete lack of oversight by regulators.
Check IPO SEDAR filings, check insider names and find that most of them, including the CEO Tara Haddad, were named in the still ongoing Bridgemark investigation by BCSC. For those who are not aware, this is the...