I still do not think the markets are positive despite the impressive moves last night on the indices
1171 points on the DOW in one day due to the Trump victory! only to end up higher than it started... impressive emotion driven trading or lack of liquidity or possibly a combination of both
Either way Apple is a ...
Am short... looking for lower levels
Really don't need any indicators here, we have a monthly pin bar at all time highs and resistance level going back 16 years
am expecting it to get to 6300 and hopefully back to the next major support at 4542 although that could take a year and is a long shot looking at it ...
GBPJPY possible scenario
Just broken out of symmetrical triangle, common in wave 4's
Projecting fib clusters based on the marked 5 wave pattern there is a cluster at 120.00 - 116.00 which is still 1,400pips lower
Reward to risk wise this is not a great proposition right now, so what I suspect will happen is:
a) a ...