Two things caught my attention on the $EURUSD this morning. The potential for a bearish trend continuation trade, along with the potential for an Advanced Gartley Formation. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl ...
Here is simple trend continuation analysis on GBPCAD. Dependent on P.A. at the trend line we could look for a valid entry point and candlestick formation. If however, P.A. breaks above the descending trend line price could rally all the way up to 1.8550. Either way there is a lot of pips here to bag. Targets are bases on simple fibonacci levels and trend...
In our last post here, we noted that Crude Oil has entered a bullish sentiment zone and that we are on the lookout for bullish signals to go long on this commodity. While there is no strong signal of a bullish market on 1h and 4h chart yet, we note that the first signs of a bullish continuation is occurring on the daily chart. Although not a very decent bullish...