Yesterdays chart we were watching the bulls as well as the shorts chart and I stated "in order to see these shorts get squeezed, the bulls need to break above $3486 (perhaps to somewhere in the 3500's) and then pull back briefly for a higher low and then break out again and into the 3600s+ for shorts to truly feel any pressure and create the squeeze to give a good ...
euraud pair reached its decision zone:
if we look at a higher timeframe we will notice that 1.585 structure level is very significant.
Approaching it right now to scenarios are possible:
one - is the structure swap. Clear violation of current resistance that will turn ...
On Friday last week (12/14) we put together a piece referencing the relationship between BTC price, and Net Shorts. Our conclusion was that when net shorts covered their BTC, they didn’t markedly cause a rally in the Spot price, which to us means that the weak length left in this market was overpowering any bid these shorts put into the market.
Based off of ...
Notice on this chart that I exited my Long position, before the stock moved another 30% down. Beginner traders make the mistake of hoping the the stock they are holding will eventually go up. Many times it doesn't. Cut your losses quickly and ruthlessly. Save your account to trade another day
For information on how to have these Price Action Indicators on Your ...
Although BTC held the $6000 support for almost of all of 2018, five weeks ago it did eventually fall and saw us tumble down. Many have tried to predict "the bottom" since then, but there is one essential indicator which is heavily respected by the market and something you should include (among other indicators) when making such predictions in your own strategy: ...
I was looking to take a short on eurusd, with Fomc coming out tomorrow, im expecting a downward move on eurusd, i was watching the 4hr chart for entry around 1.138 and got a huge rejection off that level. Now for my target i want to see a break of the support thats being held around 1.127, and if we cand get that break its going to be down
for quite a while. So ...
From a huge bearish move last Friday ( 14/12/2018 ) to a potential retest of resistance at 1.14200 this week has been nothing but the bulls.
Let's wait and see as this week is far from over as FOMC tomorrow could be a fundamental changer as we continue with the last trading week of the year.
In this video, we discuss what we need to see from the USD going into the FOMC meeting tomorrow.
We are expected to see a hike of 0.25% which typically does see investment into the currency. However, we feel the FOMC may disappoint with the statement on future rate hikes.
If this happens we need to see the USD break below the trendline support and zone support of ...
LTCUSD for midterm uptrend follows fibonacci drawn in the chart.
passing 23% of each levels leads price to the next level.
the trend in these levels is valid unless price retraces and break 38% of the last level