Another beautiful chart, a masterpiece of clarity, at least in my eyes. Looking for much higher prices in the future.
5 waves up, 3 waves down, reaction on huge support, potential IHS formation. Looks good
Pretty bullish looking chart if you ask me
On the technicals there is little to update while the resistance holds, despite the bounce via PBOC intervention on coronavirus risk flows. The only level in play to the topside is 7.0248 as it caps the highs in the current wave. Anything above will unlock a leg towards the next barrier at 7.0733. The coronavirus short-circuit sadly temporarily disrupted the...
school.stockcharts.com Spring is over, retest is successfull, now phase D is starting
A good time to update the CNY chart with US away from their desks for thanksgiving. Both sides rolling back tariffs means that CNY has unlocked the gates for a retrace towards the key 76.4%. On the monetary side, updates from PBOC who continue sitting on the bid and are unlikely to change stance and keep CNY strong against the crosses, and as long as this...
On the smaller time frame, NEO has made a double bottom in its descending channel. This could potentially send it up to the higher part of the channel to eventually complete its bull flag by breaking through resistance and finally meeting around the .0017 barrier. Volume is increasing (more noticeable on higher time frames). Keep in mind a double bottom on a...
Is the Asuka prophecy still in play? In my video we look at the historic accuracy of the Asuka Prophecy as time is running out for the latest prediction. this one is getting interesting though as the chinese president gives a green light to crypto and Edward Snowden tweets the smug asuka used in the prophetic post from 4chans /biz/ Currently we'd need more than...
AMEX:LNG Clear ascending triangle in formation ready to make the breakout in the coming weeks. We have already set the alert that will alert us in case the level 70.00 will be broken. finance.yahoo.com
this thing is going to go up 5+ on earnings and technicals... low float with 7 mill OS.. weekly bollinger bands says this is going to blow up with bullish divergence on MACD..
HUGE day today but I'm not sure if this news is enough to make a reason to keep this on the radar or not. I'm sure after today, the weekend warriors will notice this volume and price move. "This is what happens when penny stocks release news afterhours. Just because the closing bell rings at 4PM EST, doesn’t mean you stop watching the market. Those who had access...
Only valid for Chinese people. If you want to keep your wealth. You need physical gold. I don't understand the macro economy. I think the trade war is long-term and he will exacerbate the devaluation of the renminbi. If you are a Chinese compatriot. I hope you are lucky.
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It is not surprising that nothing significant in the dynamics of prices for financial assets occurred duo to calm mood on the USA and the UK financial markets. Tuesday in terms of macroeconomic statistics also promises to be a very calm day. But we do not wait for a lull in the markets - after 3 days of rest, traders and investors with redoubled efforts could...
After careful review of the USDCAD currency pair, I have been fortunate enough to create a perspective for the entire week ahead. I see the USD first recovering against the Canadian dollar with the oil p [rice playing a major role in this move, followed by a midweek reversal which is likely to come in play on Wednesday or Thursday, with the release of key ...
The previous week was tough for financial markets due to the escalation of the trade war between the USA and China, which, moreover, have taken new forms like US attacks on Chinese technology companies. At the same time, the White House is not planning to stop. The tariff epidemic will spread to other countries, primarily those of them whose currencies are...
Another quiet week in the foreign exchange market is over. Traders and investors are getting used to calmness. Although each in such conditions behaves differently. Some optimize trading strategies for existing conditions. Others go to emerging markets where volatility is high. Accordingly, the carry trade is back in fashion. You can use temporary imbalances in...