This is a long trade on teh NZDCAD pair. Daily is in an uptrend and respecting the trend-line (that I drew on the daily chart). Also this is supported by a strong horizontal S/R line which it is now testing from the upside.
Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid ...
The exchange rate may continue to move the band. Therefore, the primary target price for the current movement is the top of the bar 1.32497 From the current level this means 5% movement. Sufficient profit for intra-day trading.
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Triple hit on trend line, RSI over brought and diversion. Also lines up perfectly with fib at 0.786 level. Great opportunity I would even eat my own shit if this goes long. Don't miss out!
Please comment and let me know your views.
This educational screencast is I hope useful in showing how price action can be assessed from various perspectives. It is now pretty late in the game to short ULTA. See ULTA - Journey South? (from 20th Nov 2018).
I expect FOMO bulls to rush into ULTA, fighting for a few crumbs! LOL. That expectation is based only on human psychology. Make no mistake, it is ...
Market trends and cycles are a direct function of human psychology and the varied emotions during each phase. Bitcoin has been following the classical market cycle since its inception and there is no reason it won't follow it in the future.
Charles Dow was the first to make thorough effort to express the general trend of markets. Enjoy the analysis!
Basic Fib trend on the daily. Interested to see if this channel plays out in the same way - will mean a drop to about 3k, a recovery up to 4.5-6k then another quick snap sell off to 2.5/3k before laying foundations for the next bull run. Need to look at the long game here, this drop from 6k to 3k has probably seen us push this back to ATH to 2021. But look where ...
I have been looking at a number of companies that are just outside of my screening criteria including #GFRD which fails on EBITDA margin and its current price relative to its 50 and 200 DMA. I concluded that the recent price drop is largely due to it going ex-dividend concurrent with a general cooling in the markets in the past week or so, on top of the charge it ...
This will be the 4th time bouncing off the trend line boldly. Retail longs are about to be taken out, expecting a sharp move down. Being that its NFP today I will be risking much lower than usual, until I see it follows direction, thereafter I will add to it. As always keeping it simple.
this is how it should play, but if we break that 3700 in the next few days ignore this
ideally this support at 3700 should be tested for a few weeks before it breaks,
how ever i could see BTC to 800/1300 aloot sooner than the chart trend
i have no real incentive to predict a strong V bounce as theres been lots of good news about BTC of late and it has not made ...
I combined all my chart ideas in a single one and I strongly believe that I may have a final target zone and time interval for the bottom of this market.
Time: between end of December and end of January
Target: between $2930.00 and $1830.00
The $2930.00 and $1830.00 targets can really be seen from moon... they appear on all intervals.
SEC might have a look on ...
Zoom out to fix the scales (This is what happens for log scales...)
Here we go.
There are many similarities between the market crash in 2014 from $1000 to $200 and the one we are currently experienced. With this chart I'm going to point out some of the similarities between the two, and then go over what I'm looking for in the rest of the remaining period to ...
Here is what I think for the sterling ahead of meaningful vote on 11 DEC.
First let’s review the Monthly GBPUSD. Look at the wick of the NOV candle which was closed yesterday. Also remember that it never made a lower low since AUG. I can say there are a lot of SLs resting at 1.2662 (AUG Low) and I expect an sharp move lower once Bulls SLs hit. I do ...