How do we determinate which one is the correct channel? Is it the red or the yellow one? If the correct one is yellow, then the channel has been broken, a signal that we should start considering a short position, meanwhile if the right one is the red one, we could conclude that we are still going up at a steady pace and we would go long. Trying to learn! Please...
200 Ma is holding as good price support hence, expecting price to pull back and test daily resistance @ 0.78019 zone before continuation of downtrend and break of trend line for short positions for a lower low to be formed. If we fail to see a break of the ascending trend line and resistance @ 0.78019 zone is broken we may see upside movements towards 0.79000.
GBPUSD.. Defining moment for the pair to be seen around to 4050-6X zone.. i.imgur.com GBPUSD 4 hr -
This is a monthly chart of TWTR . The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016... TWTR saw its highest stock price in December of 2013, ...
Areas on the weekly chat, support/resistance and fibonacci levels target areas price lines up nicely on monthly and daily and intraday 4HR
Areas on the weekly chat, support/resistance and fibonacci levels target areas price lines up nicely on monthly and daily.
Nice Nasdaq ABCD Breakout of Fibonacci D Level hitting targets, sl moved further in. that coincides with 1-2-3 elliiot wave move on price ABC, and the third completion of third leg range, 200 EMA is bullish and 13/21 EMA are crossed over well in advance and the bands are wide showing strong momentum. On multiple timeframe analysis Monthly/Weekly/Daily/4Hr all...
Long Euro/Usd. Targets being reached. Price Action analysis are on point
Too many confluence in Price Action. Entry triggered at 1.13000 9/10 on ECN cTrader... SL well within Profit area. Up 95 pips around. Trailing This Euro Up. ~ !
Breakout I caught last week at 1.13 psych level, now mapping price, this chart on EUR/USD, ABC Elliot Wave, confluence with ABC-D Fibonacci Extension Profit area which coincides with 18/9 Previous High, and 3 leg movement upwards, Also giving a nice momentum bullish with 200 EMA, and crossover of 13/21 EMA on 6/10. the overall chart shows swings higher highs and...
Following Price Upwards on Euro.
The chart explain it self. I am a chart expert.
The combining factors of BOJ easing, USD rally across the board and the upcoming events in the Euro makes for a weaker yen in general which means to be bullish on the USDJPY. The monthly chart confirms this and the picture is very clear on the weekly. After the initial break out to the upside and then the subsequent consolidation the last 6-8 months, we are...
AUD/USD weekly chart previous supports that are now turning to resistance, with next targets at historical supports that could turn to resistances, confluent with fib extensions -0.27 and -0.618. There are also extra confluences with identical box ranges which I have drawn, highlighting the areas in which price is ranging and breaking out. For example the middle...
Silver (09.14.2015) moved higher & almost kissed the $18.70 as per our last report. However strong down trade line stopped the momentum. Now silver is trading around $16.36 mark & as we can see on charts, silver rally was strongly rejected by descending trade line & this will be the 4th point when we have a rejection here. This shows the strength of the trade...
shortterm downtrend is broken macd bullish cross stochastic ready to cross bullish 193.67 signal line cross -> this was buying trigger and show us breakout on the double bottom
Ford forming a bullish wedge key is breaking 16$ on market close Car sellers doing huge this year i think we can see this year new 53 week highs