BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As we can see the ARCO graphic star a H&S pattern in 11/13/2018 that finish in 04/26/2019 and then accomplish the pattern and go down
- Head and Shoulders Pattern.
- Previous Bullish Trend.
- Entry in short after crossing the neckline.
- 2 Moving Averages confirms the trend.
The prices designed two pullback on the 200 weekly SMA. The SMA is designing a rounding bottom. My opinion is to enter at those prices for a long position until the 200 weekly SMA will sustain the prices.
I don't think we are done with correction yet?
Looks like the next couple of weeks could bring the break out I've been looking for.
We will be looking to add to our ARCO
position in either of these 2 scenarios.
1st: A pullback to 14. Making another Higher low
2nd: A breakout from May gap down. Confirmed at 16.