Good evening Gents.
Same chart, nothing new to draw.
After falling to the target the ascending trend line has finally been retested.
Short and sweet...BOTTOM IS IN! Swing it!
Happy and safe trading folks.
Here we got FX:EURGBP which has rallied since early 2019 once again on BREXIT "fears".
You will notice that since the Brexit vote, the Pound suffered a major selloff over the past 3 years, making me think that a hard brexit has already been priced in. Besides, we all know that Britain is 100 times better off out of the European Union, any negative...
Hi Traders, here we have TVC:GOLD , it has not behaved like "most people" expected, but then yet again, most people loose money in this industry. ;)
Currently we are at the top of our descending channel, just below the 50% retracement of our all time high.
The hard fact here folks is that we never corrected either of our moves since the last financial crisis...
Short/Long Term Outlook on $BTCUSD
On the short term we could see the current retracement flag out to break up to the 10200-10350 area which would roughly touch our 50DMA as well, this is where we will likely continue down.
On the daily we are currently trading within the range go 10900 and 9200, well below the overhead resistance at $11,000.
The main focus...