With accumulation growing on BT stock, a price drop below 155 may be a good point to buy for a long term view N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
After Barclays Bank Plc Impulsive run from mid-September last year, the stock is now in the early stage of its correction. The correction/pullback causing some pessimism may likely see a halt shortly to begin another phase. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The short term support for the stock price of Aviva insurance Plc is now at around 400, but medium to long term reversal point is at 380 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
CRH Stock price could have found a temporary bottom and may likely start another uptrend shortly N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
EURUSD Temporary Support could be at 1.10744 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Gold Corrections on H4 seems to be forming symmetry triangle pattern. It could break out as bear or bull. If as bear, then the correction structure will change N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The crude oil sentiments bearish on the daily. Any rally above 60 (with sentiments remain the same) is likely to be rejected by the bears. H4 is bullish for the moment. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Although on the lower time frames ( LTF ), gold is making some corrections, however xauusd is in impulsive wave on the daily. XAUUSD will attempt to re-test the recent swing high above 1611 to check if this level will hold the price. If the level is violated, we can see more highs, but if rejected, then gold is likely to start a daily correction before another...
3I Group stock price requires more volume in order for its price to get out of the leading diagonal triangle. With average volume remain the same, for the next couple of weeks, we could see moving around the triangle. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
With the dollar index now bullish, more USD pair are now most likely to "kiss the canvas" EURUSD is now poised to re-visit the support close to 1.1000 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Bears are now in control of AUDUSD pair and are set to drag price further down to 0.68 with reversal possibility close to 0.68492 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
After violating the bullish wedge, dollar index could possible rally to 98 before meeting any resistance which could pull the price downward to re-test some other support levels. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Watch out for price rejection between 1561 - 1566. This is the anticipated level for the node of b- (or x-) wave of the gold correction on H4. NOTE: Not intended to short gold. Buy setup will be confirmed on wave c- (or y-) N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Gold is still in Corrective Structure on H4. This correction can take the shape of a flat or triangle. For now, we've only seen the first part of the correction; a- or w- wave. Gold is now aiming for the start of either b- or x- wave to begin another leg of pessimism. This is a correction to my last post on gold's correction. N.B - Let emotions and sentiments...
Gold selling pressure is growing on H4, but this is not a period to join bears to short the metal as this is a corrective wave. Expected earlier was a bullish wedge but turned out that the market is building up a regular flat. This could "degenerate" into a Zig-zag structure. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
USDCHF is most likely to be going through a complex corrective structure. With an uptrend a-b-c structure completed mid-2019, another corrective structure has also emerged on weekly chart. This time around it's a downtrend. Wave pattern a- and b- have been observed, what's left now to complete is the c- part. According to Elliot wave, c-pattern likely to have a 5...
Gold seems to start building a bullish wedge on H4. Now expecting the price to re-test its recent swing high before being rejected. If the rejection occurs, then the precious metal most likely will test the lower channel of the wedge before making another upward movement. However, all these might change if there is escalation of on-going US/Canada/Ukraine vs Iran...
With sentiments turned bullish on H4, AUDUSD is set for another uptrend. Expecting the pair to revert to its mean (profit taken) before starting the rally N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades