Entered LONG at 26600 and futures gapped up. TP1-26675, TP2-26790. I plan to reverse my positions probably 1 hour before extended close today. To be ready for BIG SHORT on Monday.
BITCOIN is fastly approaching the 11,600 barriers where price found resistance before in the past. This could offer a potential short-term shorting opportunity on the CFD equivalent. If the price rejects this key level on the daily timeframe we can the look for short opportunities on our lower timeframe back into the key highs. If price breaks and close above the...
1512-1513 could be short-time reversal point before going to 1642$
Short. Stop @ 26780, TP 26715
As always, Trump likes it to make important decision while markets closed or on weekends. This is market manipulation, probing waters with airstrikes days earlier and calling the off shortly after. Now we need to dump or release some bullish pressure to go to ATH or 3000 SPX. This is not trade war with China, hence I don't anticipate any huge down movement at the...
- Corn have an exponential growth recent month. but i expect a consolidation after it hit the 2.618 fib line(golden ratio fib) area just like in 29 may 2019. - Bearish Divergence sighted but it could be negated if the indicators could rise in a same level as a previous level high. - expect a golden ratio fib, EMA and SMA as a potential support and resistance...
Gold/USD is moving inside the ascending triangle Pattern and held above the current up trendline in weekly chart. Recently it hit an upper line of the resistance. If the price action do retrace, I assume the current up trendline or fibonacci line would be a good bounce in price action and buy opportunity. Indicators: Macd line cross over with signal line for...
On the weekly chart.. Price action is all above the Moving averages. From DMI also look bullish, DMI+ spikes up above DMI- indicate a bullish trend. Keep in mind that DMX is still below 25 which is very low momentum strength for now. it also possible it would broke the short term trendline within the symmetrical triangle and retest the yellow trendline...
kcell jsc reg.shs:Being consolidated within "3.63 & 4.66"channel ,High stabilization of the above mentioned channel Triggers a bullish trend. In general, low risk is evaluated . . Target 1: 7.12 . Target 2 : 9.24
Looks bullish.. looking forward a retracement into +- 4 $ or emas line after it's challenging the resistance at $ 4.28 Indicator looks bullish, volume is rising rapidly. DMI : +DMI is rising and -DMI is dropping hard creating a huge range between them, bullish also DMX is rising too.. bullish momentum is increasing Macd : buy histogram is higher than the...
Looking bearish since 2016 as the price made a higher low until now. i expect a heavy resistance at 15.177 ( 200 SMA and the down trendline since 2016). Support around 14.268 ( recent low and been a support from a past time) peace,,,
U.S. tech-heavy index, NASDAQ100 to face further decline as China steps up its own effort to counter U.S. tariff of 25 percent on Chinese goods worth $250 billion. We previously discussed how the tariff war would hurt both countries and President Trump’s determination to bring back manufacturing jobs back in the United States would cost U.S. technology companies,...
The FTSE100 appears as though it is forming a simple bearish flag formation. I would be a little cautious on looking at this as a Head and Shoulders formation, however it does look like we could be forming that as well. (leave a comment below letting me know what you think) The move to the downside would be a measured move from the first leg down which was...
EFC Indicator is based on a RSI 20/80 level rules EFC Indicator finds the last 50 candles fractal low EFC marks entry point of breakout of that fractal low's high Stop Loss and Take Profit are set at a 1 x 2 risk reward ratio I added Williams %R (10 period, -10,-90, hort. line-50)to act as a confirmation of a good bearish downward move Price and %R are...
After Trump announced more tariffs on China we can see that the S&P 500 has propped down quite strongly, hitting a solid support at 2860. We can also see that the drop was caused buy a very solid multiple to rejection. Is this pullback a setup to Blow past our double top or will it continue to consolidate in it's current zones?