a new and short analysis for you, to know where to set up your Stop Losses and Take Profits, to enjoy Christmas ;)
Not much to say. You can see the support and resistance areas. Today and tomorrow will the direction get clearer. Let´s see if we close below
or above the thin blue line, to eventually break out of the down channel.
I will update this...
that was a exciting night wasn´t it? This is a further analysis to my last one. Check it out to have the full understanding.
In my opinion this is an amazing chart pattern what u can see here. My old analysis with the H&S was close to get retarded, but this night we had the expecting pump above the 6800 level.
This night we had some maintenances at...
this analysis is very daring, however, we need to think about this pattern.
We can see a Head and Shoulders Continuation Pattern. What means that?
We are in a downtrend and a normal H&S confirmes the downtrend. A bearish continuation.
I drew the neckline between the low from the 12th of July and the 14th of August.
The left shoulder has it´s high...
long time without any published analysis, but finally, here u have it.
Since the 26th of July we are in a very healthy downtrend. I were able to ride a good part of this wave, I hope u guys too.
I drew a nice trend channel to visualize the way down. We had in regular intervals some dumps with a small side way movement between them.
today is the 06/07/2018, 16:00 UTC time and I think its time for a new quick analysis.
My last anlaysis ist still actual and worked pretty well, so check it out. But lets start with a quick review first.
So at 13/06/18 we tested the first time the 6400 level in the last period. And what happened? We broke trough it, and went down to test the...
here you can see our current chart analysis.
We have a big support area between 5870 (2017/11/12) and 5905 (2018/02/06).
Also we got an resistance line at 6400 (2018/04/01). You can also see the trend line from the last highs going down here.
We have soon to decide which direction we will go. If we break the 6400, the way up to the next...