false bearish breakout of the trendline is leading the price over the trendline again , anticipating the big move with a little retest of the trendline that will be followed by a strong bullish movement . let me know if you hopping on this trade , cheers!
stop loss was unfortunately hitten in the last operation cause the price didn't completed the ross hook pattern , right now the price is giving us another long opportunity on the trend line , let's see how the price move .
When you take the long-term trend lines into consideration, the bulls still have a chance here.
Back in late 2015 the Average Directional Index (ADX), which measure the strength of trend momentum, was turning to the upside as the green positive directional index line also increased.. a sign for the bulls to take control.
The trend line was being tested in early...
hey I like geometric so People will get confused the way I marked up my trend-line but Hey it's all about profits right so we all do mark our charts differently as long you know what you doing and profit is what matter , Geometric is mathematics as while so get it! it took me -0-Zero=second to realized that , Now I'm wonder how about you guys???
The dollar had a great move after the Fed announcement that it falsely break down first to suck in shorts and then broke the key pivotal level of 94.35 to the upside.The 95 mark was quickly taken out in a breeze. There was a bit of pullback late afternoon last Friday, but the 95 level has been holding as support.
For the next week, I would watch 95 mark as the...
For XRPUSD look for consolidation between .50 and .60 and wait for a break either way... maybe above the top red trend line or the red 61.8% level to the downside.
Buy stops likely placed above the red trend line or sell stops placed with a 61.8% Fibonacci break to the downside.
Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could...
Bitcoin Update 26th July 11:16Est 06:16Est
Bitcoin was a buy on a break above the 8160 line yesterday (though by time comment went live it had already broken
higher, sorry- busy day yesterday all round)
It was also a buy if missed the first break on a return to the 8160 line overnight, with the low being 8163 since then.
But the rally is a little lame so far...
Bitcoin Bitmex Update
Not much has changed overnight. It was still a buy on tests of the 7355 line but only for scalps...
If you bought on the second test of this level overnight raise the stop to 7438 for now.
The spikes above price suggest it's still not wanted much above 7500 so far.
The rest stays the same for now, a repeat of yesterday as nothing has changed...
Dow Jones Futures DJIA1! 10:15bst/05:15est 20th July
Despite the counter rally this index still looks weak technically. It should start to come off from around here and
from the upper falling dynamic from the recent highs at 25035 at best.
It should come back to the overnight low at 24902-24850 range later today. It must hold and bounce here to avoid...
EURGBP has been in a tight range for some time, with stops growing on both sides of the range.
Given today's behaviour thus far, a break lower is possible.
Any positive news on the Brexit front could push this through the stops and accelerate towards