Diamond pattern suggesting a reversal and as political uncertainty continue to weigh on pound. I am looking to short this pair. If Price break above the upper trendline, this analysis will be invalid. Reward to risk is 10:1
Pound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short. Reward to risk for this analysis is 5 : 1 Nevertheless, there is a chance of reversing upwards too. If market...
Pound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short. Reward to risk for this analysis is 5 : 1 Nevertheless, there is a chance of reversing upwards too. If market...
Waiting For any price action. If resistance broke,then i will pro on short
This appears a low risk front month Futures buying opportunity again! Very clear until 9.5 goes buy Volatility on the Quad Witching!
Euro Looks much lower to us
After a nice pullback and test it could be time to start another move to the upside as long as 930 holds in Beans!
This isn't a trade system that I've used, but one that I'm planning to experiment with after getting decent results with limited back-testing on only Bitcoin (thus, I'd probably only use it on Bitcoin, for the moment). Pretty simple rules, but it seems to be an effective profit-grabber with decent success rate. What do you think?
Amazon is going to go to 880 where these two light green lines converge. The high looks like it should be there by Thursday at 12:30. First resistance is the prior top as the chart suggests. Monthly support around 846-850 , the blue dotted line is at 847.15. Light blue projection is the length of the prior leg. The upside potential is huge. We could keep going up...
Markets continue to gyrate between a risk-on/risk-off approach and with the added influence of its dollar denomination, XAUUSD is no exception. Our long-term outlook remains positive with the weekly chart highlighting the presence of a bullish flag formation, with an expectation of a break higher. This may take a while to play out and can accept a move to well...
We are Apple short. We broke out of the bullish channel into the bearish zone now. The grey lines are relative levels that match well with the fibonacci levels. We will probably come down to the 200 sma. RSI and MACD levels signaling downwards. There is a daily gap level to be filled. The bottom of that gap is a golden horizontal line that signifies the top of the...
FX:EURUSD Price has to break the consolidation zone "A" to continue down to the consolidation area "B". With this downward movement is confirmed that we are in a bull dynamic range. Wait for confirmation. Join to: www.pricespeakers.org
FX:EURJPY If the continuous break of the same proportion and we have unexpected upward movements that expand the size of the current pause then we enter the market in short gladly and happy.
Price is touching an important horizontal level but the downtrend is strong. If the speed continues posibly will reach the bottom of the dynamic level.
FX:EURJPY Ok we know it is a downtrend. The best point to enter are the closer to my lines drawing the bottom of the dynamich range wich is being broken by a new expansion. Surely, price is going to do a pause or a contraction because now low liquidity is coming during Asia and Sidney session.
If you are long price could draw a third solid expantion. Price is reaching the D1 Trendline so be careful with the regret.
I hope you saw my short set up yesterday and caught a good amount of pips from today's sizeable break down. Price action is likely to retrace to the 50% fib level and consolidate before continuing downwards, it may extend beyond the 50% fib as there are now high level news events for the dollar or sterling tomorrow to spur more selling. My view is that entries...