USDCHF daily candlestick close below ascending trend line, confirmed by the cross of the ma's at that particular point, clear divergence shown on the stochastics, leading to a high probability of a continued downward spiral towards targets 1 + 2. Price action on smaller timeframes to confirm my position to the downside. High risk/reward at 1:4
USD/JPY has rejected the 78.6 Fib Level on this bullish trend. I'm waiting for it to pop above the 61.8 fib retracement which should break short term down trend. Waiting on Price Action Bearish Volume has steemed out. Happy Trading!!!!
eurusd same situation last week, closing below average at 21 periods and this week the prices have remained below average except Friday where and went to a maximum of 0.7615e testing the average to 21 and forming a bearish pin after all the short persists with 0.7450 support area
Podemos entrar largo si rebota en la linea de tendencia luego romper la resistencia. Y entrar en corto si rompe los dos soportes.
I saw a debate here on the web analizing this Pair , then i analize it and i get this conclusion, Pair is Bullish now but is give us a nice short patern, but we have to make sure to close the Short's faster because investors will be ready to BUY again. The Sterling will be Strong this following Week's...
Price on EURUSD is currently trading within a range and is capped by an up channel formation as indicated in the chart by the purple shading. This formation is indicates overall bearishness building up on EURUSD making price likely to push down further on the 4 hour time frame. Key support levels include: 1.1125 and 1.11. Key resistance levels include: 1.12 and...
Recently with Tesla, Positive news has been ignored and negative news has been exaggerated. This irrational pessimism, combined with high short interest might indicate a rapid momentum upwards swing is in order. This is especially true if Tesla chooses to announce their CPO program or their stationary storage product soon.