USAD/ZAR has formed a symmetrical triangle wait for break and close above or for rejection should be profitable
right-angled descending broadening wedge, with huge price targets to the down and up, 330 pips down 660 pips up. here are some stats on right-angled descending broadening wedge from centralcharts.com: - In 57% of cases, there is a bullish exit - In 90% of cases, the minimum objective of the pattern is achieved by using the technique of the maximum height of the...
meme stock, 18.88% of shares shorted. looks like its in a descending wedge pattern with the volume of the stock being traded decreasing adding evidence that it is in that pattern, but its a meme stock so who knows what direction it will take, today or tomorrow the pattern should break.
natural gas had been building a nice base for the last few days and the larger trend is up and its a nice trend i think it has one more push left in it and there is a clear stop loss bellow so good risk to reward.
Historic over sold on weekly only one time it did not increase 3-7% after it hit these levels of over sold. It broke a 3 touch point decending resistance. On the gbphuf and usdhuf it made a higher high. And huf have 5% inflation with historically having very bad inflation problems.
i hate dumb money being in profit. time to take it from them. inverse Adam and eve signals trend reversal. AMC literally warred people about investing in them at these prices and AMC are selling there shares. and people are too impatient and retarded to wait long enough for a short squeeze. if the pattern fails then i will change my mind.
hoping the dxy is reversing(not conformed) and the BXY looks weak. i found pairs mirror the way they go up is the way they go down and GU went up fast to the current point, so i think it could go down fast and 2 weeks is the usual frame for a larger decline in GU. we will see. maybe waiting for a better entry would be a good idea.
technical analysis: on monthly, bullish divergence, the retesting and retesting of a descending resistance with many fake out breakouts. the more a resistance is tested the more likely it is to break. some fundamental analysis: it has a miniscule inflation rate right now at 0.84% in 2021. but on average it is 21.46% this is due to 370% inflation rate around...
USDZAR getting close to possible bounce point. an keeping my eye on it.
lovely trend on eurjpy i think it can continue for a nice little bit.
i been training 2 years and still got so much to learn i am curranty down 20% from what i had start of year. full disclosure . bearing divergence on rsi confluence from the mac d expecting reversal soon, this might even be the top. bullish divergence on the dxy.
hoping a beautiful 3 rising valleys will form, its still not touched the top resistance, why will the price not stay irrational a little more, personally am greedy on this and i recon big money is as well. the bxy and jxy both seem to allow this to happen. still technically in a uptrend, don't trade against the trend.
just some charting and it looks pretty bad for silver, its look straight suicidal. i personally am short, but what do I know.
if this divergence dose not play out, there is no hope and all technical analysis is useless and i will jump off a bridge.
triple top, triple divergence. exotic pair though so dose what it wants.
A diamond pattern is used for detecting reversals. Once rightly identified, it is one of the most profitable patterns for using reversals for trading strategy. not a clean Dimond by any means but we will see if fundamentals and TA will prevail or if stupidly bullish sentiment continues. when the dumb money enters the smart money sells. trade like a robot not a retard.