So it's obvious, that BTC will rally to reach new ATH before November and will collapse miserably after Trump will lose USA election and stock market crash. Also, COVID-19 will create real apocalypse in the USA (I'm talking about riots and shooting in the streets because bastards there have too many guns and not so much brain). But if Russia will help Trump with...
While it is into a support-and-resistance level, there are two possible movements. It can form a cup-and-handle pattern, which indicates the continuation of the trend. The secound possibility is for it to enter in a downtrend after breaking the cup-and-handle pattern.
abc pattern in effect on the daily. weekly bearish.looking for a break of 106.550 and if so my target is 105.500 100+pips
EURUSD has broken its descending trendline. If Monday candle closes bearish, could bring momentum down to area of interest for BUYS. This AOI is reflected on the Fibonacci and the retest of the broken trendline. Possible RTO formation.
This stock is currently inside a triangle. It has a very strong resistance, so it might break the triangle and enter in a downtrend until it reaches the support. This idea is predicting a very similar movement as "Long for TSLA". Follow me for more ideas and for more profits!
GBPUSD formed a double top and bearish engulfing on 4h hour chart, looks like investors are going to turn risk off after Trump comments about China.
Updated TA from my previous post. This time on the 4H. Sellers held 100.75 and are now fighting for 99.80. If buyers take control here then we'll see a possible technical event in the yellow box with a confluence of: -multiple moving averages -100.00 handle where sellers can reject price from once again. Biased to the downside for reasons stated previously.
USDJPY passed by a bullish engulfing and now is in the three white soldiers pattern. There is a high probability of the start of an uptrend.
After returning from the fibonacci retracement, it might enter at a downtrend.
Let´s watch the movement of this pair. I will wait for the confirmation of which scenario it will follow.
After reaching one of its resistances, XAUUSD might fall. We can wait for this scenario to happen, but we should trade only if we see the confirmation.
As shown at the chart
Good morning traders, We can see that the eurusd has pushed up with conviction in the last session, giving me a hint of where the next move should go. As always, keep the risk managed! Cheers :D
Been holding onto this TA for a while now. I posted it on twitter a lot earlier, you can follow me @thecolour_red. On the chart you'll find 3 seller owned levels and one key liquidity area below that holds bullish sentiment. Currently, 100.39 has rejected price and is being challenged by buyers in the aforementioned zone. Fundamentals: -the rejection was printed...
Wait for price to impulse break either of the 2 pink zones and retest. 300pip target either way