Looking at previous price movements in regard to MA's I'm thinking this may happen in the next 7 days... not with enough conviction to put money on it, but still, I thought I owe myself to put it "out there" in more than just a thought form.
USDCAD hits the top of the negative trend channel. I think it will fall next week and maybe the week after that. If it breaks over the higher trendline we will probably se a lounger bull run.
BTCUSD logarithmic chart. It shows us broken triangle near the resistance line of the descending channel.
We can see last after being knocked down by the 50ma on the 1 week chart that last week's candle has closed back inside the descending triangle pattern invalidating the previous week's breakout...we also seem to have formed a nice handle for a 1 week chart cup and handle pattern however we don't want the handle to dip much lower than it already has or we will be...
hard to say whether we will break to the upside or the downside but we have 2 strong resistance lines directly above it the diagonal yellow on shown here and the 1 week charts 50 ma (not shown here) probably wise to hodl and wait for a clear breakout confirmed by volume before making any moves.
Wow ! Look at this ! The EUR\USD is on triple-bottom right now ! There is a chance (If it close below 1.05 on the weekly) to see the EUR 1:1 with the USD !!! BUT, if it will close the weekly candle above 1.55 we will see the EUR back up and we gets 250 PIPS right away ! Be aware ! A great opportunity is coming this Friday ! (N.F.P)
Yesterday’s analysis: Support Cluster from Ichimoku Cloud, Bollinger Band, and trendline. Visible range > monthly 9. Just noticed that a monthly 9 preceded the last bubble. Patterns: Pitchfork Horizontal support and resistance: S: $67.10 R: $69.28 12 & 26 EMA’s (calculate % difference): 12: -4.41% 26: -3.21% MA crossovers: Bearish cross on 1h preceded sell off....
Hello, we got a gartley here on the 1 week timeframe? We allredy got the first target complete, now looking for the new target 2 "786". Gartley: x-a B need to be 618, and can not close under the 786. a-b C:need to go up to 618, and do not close over the 1. X-A D: need to go Down to 786, ill altmost get a few pips above to the into the trade to be sure....
Amazon.com shares are just overvalued and overbought at this moment. After the crash it will gain momentum again. Amazon continuing to go down tomorrow, will rise slightly in the next trading session, but will fall to 1200 by Tue. Continue to check VIX and Nasdaq Composite, there are better stocks out there.
Long Opportunity USDCAD potentially reaching resistance at 1.27000 in 7-10 days ( approximately 200 pips/ 1 week)
The one week chart shows the entry point (end of the bottom line) for another rise of monero price in the past. The market is predicted to rise even more because the third candle is still green and we face nearly end of the week.
EUR/JPY Weekly chart. Flag+Double bottom. Wait for an ideal entry in lower time frames and invest at your own risk ;) Feel free to comment.
I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456. So for now this trade is going to require a lot of patience, as we will not be looking to do anything with...
reversal of major downtrend since price has been way below 50 EMA and stoch is oversold id say buy now or soon as possible with a buy order for 76.152. collecting profit at 79.432 would be ideal for price consolidation.
Bounce from 2510 to between 2835-2987 over the next week to 2 weeks. Index currently in channel.