The pound is still bullish and the trend is still up, knowing this fact we want to buy the dips and stand aside when price is at the high.
look for a correction to the key fibonacci levels and buy in to the impulse to the upside.
1.3484 is the key Level we want to see price above before we can become bearish.
Trade with care.
Remember the market will not take...
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
SELLING VOLUME HAS DECREASED, I WILL WAIT FOR CONFIRMATION BEFORE TAKING ANY SIDE TRADE.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
- PB : PULLBACK
If you like the analysis, do leave...
Gold was very weak this week.
Daily atr is weakening and volatility dropped.
Market participants are waiting for some trigger.
In case if break and close above that on a daily, the price will most likely return to a current local bullish trend and we will see a bullish continuation at least to 1925 supply level .
4HR USDCAD Technical Analysis - COUNTER TREND TRADE.
Pattern: Small descending channel smaller term , until it's broken Bullish flag Intra day could come into play if it breaks towards upside.
Resistance: 1.31248, 1.31410, 1.31793, 1.32076
Support: 1.30639, 1.30367, 1.30048
If it breaks towards resistance area of 1.31248 I'd see the...
The big picture is showing a pausing uptrend, which is confirmed by the price holding above the 200 EMA. This mentioned pause is given by the complex correction in place, with a form of a wide range.
Given these factors, as well as the fundamentals in the same direction, my bias is to the upside. In this case, we have to wait for a range...
Greetings! I'll be brief. What situations do I see in Bitcoin: The pressure to the resistance level of $18400-18500 will increase. We are breaking through the level and fixing ourselves higher. In this case, we can go to the area of $20,000. If this turns out to be a false breakout, then we will fly down to $17300 and possibly lower. As you understand, you need to...
In this post, I’ll be providing my own analysis on Qualcomm (QCOM), shedding light on the fundamental and technical aspect of the stock.
What is Qualcomm?
Qualcomm (QCOM) is short for ‘Quality Communications’.
The American company was established by a communications engineer, Irwin Jacobs.
It’s a company that focuses on semiconductors, software, and wireless...
Greetings! The $480 resistance level holds Ethereum well. They are gaining more and more short positions. This does not mean that the asset cannot make a false breakout upwards! Stop losses of traders have been collecting very well lately. Still, the coin is looking down towards the $460 area for now. You can gradually gain a short position, but without a margin...
Software as a Service (SaaS) is at the center of attention due to the Coronavirus pandemic (Covid-19).
Today, I’ll be analyzing the #1 firm in the Customer Relationship Management industry, Salesforce (CRM).
- Salesforce is an extremely quickly growing business, whose founder was an ex-Oracle (ORCL) employee.
- They currently employ the tallest building in San...
Please hit like and share YOUR timeline prediction!
NB Please also note that this is mainly for fun speculation.
In the next few series, I will try to determine possible timelines for BTCUSD to reach its previous ATH by using different strategies. Afterwards, we can backtrack and see which strategy was the most effective!
If you missed the previous one, go to...