According to my previous analysis which revealed to be true, I can tell you with an 80% success rate that bitcoin will re-test 13,800$ level before 2017-12-13 (9 PM GMT+1). The orange box is the zone where the price should retest back the red median line in the channel. If the price doesn't hit back the median line after the orange box, we should consider that...
I'll give you one guess where we're headed? Ignore the Overbought status for a bit!
GBPJY LOOK LIKE A GOOD SELL H&S PATERN BUT WAIT THE BREAKOUT OF THE BOX, AT THE BREAKOUT IS A GOOOD GOOD CONFIMATION TRENDLINE DESCENDING TRIANGLE TP IS 300 PIPS ENJOY THE PROFIT
GBPJPY RETEST THE BOX IN RETRACEMENT !! TP 150PIPS SL MAXX 50PIPS
Too much dumb money placing trades at this point, Don't trade USOIL unless the price breaks out of this consolidation area. I can't stress the importance of fundamentals enough on this one. But since we can't take in all the market information at any given time, we better wait for a tactical entry.
I have found this box pettern on palladium. Ratio 1:1.4
If 17.887 resistance is defeated. Cheers, Keops
Ratio 1:3 after break trading box.
USDJPY after it broke box range dropped all the way down filling the gap @ 109.50 as we know gaps serve as support in this case. If price breaks below gap support the next target is 108.50
FX:EURUSD I'm long again on this Bull Flag breakout. The market reading is the same as today earlier, but with a different timeframe and momentum. The actual candle just formed a big Bullish Outside Bar, breaking up the consolidation box and showing the strong up momentum. The day trading relies good part on timing and momentum, it's important we realize that.
If it breaks hourly support, it's gonna end up like IPOs like BOX and HDP.
The year over year growth has been compelling for Box and the stock has been on a nice uptrend since bottoming out at $10 in early and mid 2016. On March 2nd 2017 stock made a strong move to the downside breaking the near term support on a high volume due to not so stellar guidance but with strong earnings. More details here : blog.buysellshortcover.com
USDCHF has been moving around parity but its dancing days might (hopefully) be almost over. In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though). And all around the roundest round number 1.00000. The SMA(100) and the SMA(200) are getting closer...
USDCHF has been moving around parity but its dancing days might (hopefully) be almost over. In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though). And all around the roundest round number 1.00000. This could mean a breakout due soon. Update your...