A possible ascending wedge formation out of this upwards correcting against the recent downward prevailing trend.
Thought i'd start posting some of the longer term positions i'll be holding throughout the recovery of this current covid-19 induced economic downturn.
As I prospect for more positions to take coming out of this crisis, (and i'm not...
.: TLRwealth Analysis :.
AUD index.
#AUD #EURAUD #GBPAUD #AUDJPY #AUDCAD #AUDCHF #AUDNZD #AUDUSD
In this analysis, #TLRwealth will find the best opportunies for AUD by "multi & inter convergences" between all the major #currencies in the #forex market.
From Y1 (yearly) timeframe to D1 (daily).
And in separated threads analysis, we will spot the best AUD...
Make customised currency indices for trading currency pairs & trade only with divergence. I am sharing 8 currency indices (Customized Formula) because default indices do not indicate a divergence in real-time.
Just put this formula and play with it.
Formulae:
For EUR
EURUSD*EURGBP*EURJPY*EURCHF*EURCAD*EURAUD*EURNZD
FOR USD
...
Inverted descending scallop formation, low success rate in a bearish market 5/21 in bearish conditions, but eh, we will see how it plays out. Weekly chart.
Despite the RBA setting a dovish when it comes to all things $AUD this spike in price action has caught my eye, enough for me to justify a pre-emptive move in the name of $AUD strength.
Trump's impeachment at the house will not have an impact because the senate where Republicans hold the majority will not vote against their own political leader (well at least...
Hello everyone, i noticed that FX_IDC:AUDEUR has reached the resistance zone between yesterday and today, and this is clearly a strong short signal. Also BB% are extremely high for continuing the uptrend oscillation, and this is the confirmation of a bearish pattern incoming.
Happy trading to all!
