Here is a video explanation of what bitcoin is doing. If there is loss of quality just pull up my chart. Its more important that you listen to what I have to say than to look into the chart. Relax, Enjoy your weekend. Bitcoin still has a few more weeks of down side before we go back up. Ciao Not Trading Advice Friendly Charting Done...
Wave 5 of (3) is about to start
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NZDUSD in an Area of Demand with potential Large Flag completion
Weekly dollar peso Disclosure: I see the blue 18.05 level holding and a good INTRADAY buying opportunity daily euro peso
AUDUSD Approaches huge Demand Zone. Confluence of Trend-Line Demand with a 38.2 & completion of a Bullish Gartley Pattern
Once again the ECB is challenged with managing market expectations, while at the same time assuaging concerns within the governing council that the prospective tightening profile (if we can call it that) is starting to lag the growth seen (on average) in the region. Emphasis is being placed on the possible wording on the easing bias, which naturally is hard to...
USDCAD in Big Supply Zone, posting Divergence on Peaks
GBP/USD has Fallen Nearly 300+ pips Since Rejecting 1.4000. THis Pair has now seen quite a divergence between the moving Averages as the new Fed Chair Powell Preaches hawkish overtones about Fed Hikes and Market Exhuberance. WIll The Cable Fall Again to Post Brexit Levels Yet Again? Looking at the chart techincally, we can see that the Weekly Ascneding Trendline...
My idea shows that bch going down to ~1160 so people wait to buy in
AUD/USD Short. Due to Gold shock or DXY Strength? RIsing intrest Rates may make bond yields more attractive for most as equities continue they're exhausted bull run. For the Time Being, The AUD/USD looks to be heading lower towards more Regional Support at .7750
Multiple areas of support beneath price make the short look as tempting as eating raw chicken.
On retracement against trend-line with Fibonnacci confluence.
Hello everyone. My name is Virginia TElphee and today I’m going to explain to you my thoughts on USD that will help us better navigate ALL forex markets in the coming months. Please note these are just my opinions and should not be considered investment advice. Looking at this Daily candlestick chart of USD index – ticker symbol DXY a few general observations are...
Currently on a Weekly retest, will be expecting a Long trade once we get the reversal pattern completion. Currently in a Short down to bottom of range / Trend-line.
Price broke below both Weekly Trendline & Support level, failed retest on Friday and posting a nice flag now. Waiting for Candlestick action.
Looking at a rejection on the cross section of x2 Weekly Trendlines. Waiting for candlestick confirmation as could still be bullish.
Price has broken out of the Inverse H&S pattern I think it should retrace down to the Neckline area for aa Long Trade of 230+ pips.