Amidst the mighty trade war, China currency has a predefined limit on its weakness. Price has reached a strong support giving us a great opportunity to short. Stochastics has reach overbought level.
Disclosure : This is not a guaranteed trade signal. FX traders should know the inherent risk in trading FX market and its unpredictability. FX money management is...
the biggest way most people have been missing out during this bullrun is simply by taking profits expecting a correction thats long overdue but still doesn't come and they end up losing some of their btc positioning and fomoing in a few pips higher up. I think the main reason for this lack of correction is that momentum has been skimming the top of a super strong...
Spring semester is upon us... Could this be a strong bounce, or a slow and confusing moment? Hammer head forming today with a strong resistance level at 7.56, would ideally like a good reversal up to 8.40, I guess I'll sit and wait to see what happens now. uc.
The price is making a very sharp move towards last years resistance forming a "Rising Wedge". My prediction is it will test the resistance before falling down. Take profit at the first level where the wedge trend line is formed. This is valid in all the hourly time frames, might be a long term short position.
You might have heard the hype that mentioned a "cup and handle" and then probably the hype that said this traditional chart pattern failed; hype is just that, hype. It seems to me that this is a strong bottom that has formed and up, over long term and mid-long term, is what I expect. This looks very nice to me.
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HOW TO TRADE THIS CHART?
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The AUD/NZD is in our sights, waiting for a decent...
A minha previsão com base nos suportes e resistências (prevejo tudo acontecer em 2019 mas sem precisar meses). 4 centimos de USD é um dos preços mais baixos pelo qual as pessoas aceitaram pagar por uma ADA. O preço actual é BINANCE:ADAUSDAcredito que o volte a chegar aos 1USD/ADA. Forte projecto. Forte comunidade. Fundador foi co-fundador do ETHEREUM. Muito mais...
This is my view about EU pair.
Next levels will be for Euro because here is huge and strong;
The pair is still under downside
Wish you everyone, nice trading.
This is price level where USD can stay and grow up from this support.
So be careful about your SELL position. Because you can see how strong resistance level it was Before.
My best recommendation is to wait, don't sell now.
Strong support for USD
Time for Correction
in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2.
after finishing this phase i expect a big bullish wave 3
IT MEANS EURO 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN.