USDPLN reached the long-term growth base plotted since 2011 - there was the first important minimum in the white growth tunnel. Interestingly, each subsequent minimum every few years is practically exactly 30 polish "groszy" (polish cents) higher. Would this indicate that what we see here is the place to start? :) For a long-term purchase of the dollar on this...
My prediction is explained in the drawing. The "Bitcoin Tunnel" is getting smaller and will eventually get too small and go a staright shot down or up.
GBPJPY Timeframe: 4Hrs Long Swing Trading Position Initial Take Profit : 167.74 TP2: 168.42 SL: 164.0 (back to the tunnel) The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑. This...
It seems like AMD has break the tunnel and continue going upwards, although tapering and interest rate hike kicking in, I believe it will still have momentum to continue moving up and beyond. however, for a shorter term trading strategy, I just use the tunnel height as a target.
Since its crash in mid-March BINANCE:BTCUSDT entered an ever-narrowing tunnel. A decision will be forced very soon. Thoughts?
As you can see Tesla has stuck in a tunnel between 295$ and 321$ since last December. Tesla is the most controversial (and exciting IMHO) stock in the last few years and it may offer a good opportunity this time. As you can see the price has reached the level at 295$ again, a level that proved very strong support for the stock in the last month. If it won't break...