We are looking for price to pullback into our support zone ( red box ) we are then looking for a bounce and bullish movement, we do have resistance at our purple zone but if price can break this we will see a lovely run up to our TP zone which would produce a handful of pips ;p
We do have loads of high impact news this week regarding this pairing, that could...
Opportunity to go long on EURGBP, price has hit a really strong support level, as well as it being the support level of the trend lines shown on the H1 and H4 timeframes. Should be looking at taking profit around the 0.89120 level, and potentially letting it run to the 0.89290 level depending on price action around the first TP. RSI is nearly oversold and...
NOT A SIGNAL. Just a quick analysis, what do you guys think?
This was part of a challenge for our course to see how quick we can analyze a currency pair!
Will be moving SL to Entry at 15/20 pips profit.
In this three day chart of $BTTBTC, we can see that price has consolidated at 15 sats. On balance volume has stopped declining and the stoch RSI oscillator looks primed for a bullish cross.
I am inclined to think that this has good pump potential, for two reasons:
Justin's forthcoming lunch with Buffet could provide sufficient hype and excitement to fuel a "buy...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2605.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=1.2585.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...