1.GBP is strengthening against kiwi
2.In the next 24 to 72hrs We may see prices attaining 1.9838 area as previous daily close positively with a bit of shrug off
3.Daily Chart is approaching oversold RSI while 4hr is exhibiting a bit of cautious with that RSI Divergence.
4.Break of the inner trendline should be watch closely for a SHORT with target around...
This will work for any financial Instrument.
The concept and understanding of Support and Resistance in Simplest form
The Chart of XBTUSD Futures contract interacting with an earlier Support and turning it to a resistance in the illustrated chart.
I will like you to note the 3 scenarios that can occur in this instance.
1.When price approaches the support the...
BTCUSD has formed a shorterm tripple bottom base and also close above a resistance trendline signifying a sense of bullishness after the almost 14% selloff. Since we haven't had any EMA crossover to the downside on a daily chart, we are in a very good position to retarget $16500 high then towards $17200 as we have closed above $14929.
My Analysis is using...
1 minute ago
This is my first post and I will like everyone reading it to maintain an open mind as I will be analysing the GBPUSD 0.03% chart based on current price action. Later I will discuss my trading strategy (and a bit about my 11years trading background) which should be easy to follow and do not hesitate to ask questions in case you felt I left certain...
