The rest will follow suit. CBA, WBC, ANZ
bottom in price. now expect a rally . morning star candle stick pattern formation.
15 min chart. looking good so follow the trend up
examining the bar chart with trendlines would suggest a breakout. But we confirm every break out with the line chart. line charts are based on the closing price Do not buy NCM until this line chart confirms a break out
It looked as though the price of GOLD had broken out mid week if you examined the candlestick chart but the GOLD price retreated by friday. We check the closing price using the line chart and see that breakout had actually failed to eventuate. We will wait for the coming months to see if the momentum moves to the upside. Will the AUDUSD move higher/lower. this...
head and shoulders pattern is complete.
ANZ support level is being tested by sellers.
target level for DOW is circa 20,000
Should the trend line break, prices shall fall and follow the Elliot wave down. A, ,B C the uptrend is technically still in place so we're not in a bear market yet.
confirmation that GOLD price should head higher. closing @ a new high. strong green candle for the week.
the tide has turned.. sell... sell sell.
I think i will sell SAR now, it's facing 2 resistance levels as shown by chart. (channel + fibonacci) ...
buy low. sell high. so much negative sentiment means sellers might be exhausted.
a nice long RED candle for the end of October. yeah havent seen this selling strength since 2008.. fomo yolo.. etc etyc.
if equities do get smashed as i expect them to, then oil will follow .. yeah yeah?