The price has potential to touch the zone below 0.000105 with a wick in around 24 hours, but at the moment isn't showing signs of going steadily underneath it. Therefore, careful traders may want to place an order around that number to ensure a buy in case the price bounces off that area instead of going further down. Since the market is in range, this...
Recently with US and N Korea tensions we have seen a run to safe havens. Although we've had a pull back the uncertainty remains. I will be looking for 1 entry around the 50 & 61.8 fib if we have a rejection of this level then next entry would be on the break of the CTL (counter trend line)
News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares...
NXT has always been an interesting coin. Many people do not know about nxt because it has been asleep for so long. This is all about to change. nxt.org Nxt has a relatively low market cap. It certainly deserves a place in the top 10, and that is where it is headed. Technically, Nxt just broke a long term trendline. Above 3300 satoshi is where the real fomo...
The Securities and Exchange Commission (SEC) has considered prospects of a possible ETF for Ethereum (ETH) which has put ETH in a position of exponential growth. Along with many projects and ICO's committed on Ethereum's chain, growth should be expected, and shorting should only be followed for a small bounce of 1-3 points. I expect from when I publish this...
Hello all, I am not going to call any trades on this. Feel free to give your oppinion about what is on the chart. Thanks
Looking to trade coffee long with stops under previous cycle low for conservative risk. Target upper TL , allow for fluctuations of price with an accommodative stop management in order to achieve the desired target.
Dx is now at major support with confluence of fib level and TL. will we see short term correction and resume some dollar strength. Watch other markets such as eur, chf, jpy and gbp for USD strength.
The EURUSD bulls finally did it. After several failed attempts to breach the 1.0635 area, Friday’s late session surge put the single currency well above the mark. Yes, there was some profit taking into the close, but that isn’t abnormal especially given Friday’s 130 pip rally. At the end of the day, the pair still managed a close above the 1.0635 handle, which...
However, with the 115.10 handle still intact, I decided to remain on the sideline. I also didn’t want to enter in front of yesterday's non-farm payroll report. The 115.10 area has served as a pivot since January 6th. It’s also the 50% retracement from the December 2016 high to the current 2017 low. So far, the reaction from yesterday’s events is mixed, and the...
Just two sessions ago the AUDUSD carved out a bearish pin bar from support turned resistance. The trade has played out in textbook fashion so far, and now it seems the AUDJPY is following in its footsteps with some bearish price action of its own. The rising wedge that extends from the December 2016 low broke down yesterday. These patterns often signal exhaustion...
As you can see we might face a bullish trend. 0.5 of fibo retracement is a good level to buy with target at 1.27 of fibo extension.
Smiths Group has been steadily trending higher for many weeks. The shares are outpeforming the benchmark index and have recently undergone a correction. We are looking to use this dip as a chance to buy for the medium to long term.
I see the price is actually bearish, so I'm short on this pair.
1)Price failed to break and close above resistance zone @ 0.99040 + triple top formed @ 0.99500 zone 2) False Break and retest of descending price channel 3) Daily support broken @ 0.98402 zone 4) Previous Daily candle closed as an bearish engulfing 5) MA's spiralling to the downside adding confluence to bearish momentum 6) A break of the trend line will...
1) Double top formed @ Daily resistance @ 109523 zone 2) Downside shifts in MA's 3) Previous/ most recent daily candle closed below resistance level @ 1.84228 zone, if zone holds + next daily candle close below zone will warrant further shorts. 4) Target 1 @ 1.80041 5) Target 2 @ 1.76786 = Daily support zone giving extra confluence
Looking to add this stock to my portfolio in order to diversify, spread the risk and get more income from dividends. With this stock we can expect at the moment a dividend of 5.71% , pretty good if we see that is also looking to go up both fundamentally and techinically. If you want to build a portfolio of stocks in the most professional way, get professional...