FX:EURGBP, OANDA:EURGBP, FOREXCOM:EURGBP, FOREXCOM:EURGBP
A confluence of Fibonacci levels on the weekly - Selling EURGBP
Weekly – Trading at the upper end of a bearish channel. Confluence of Fibonacci levels with a 78.6% & 61.8% in close proximity.
Daily – Failed at a 78.6% Fibonacci level and close below the 10EMA for the first time in 30 sessions.
Some people a jumping for joy as there are minor corrections in the recent bull rebellion on Wall Street and S&P500. The bull trend which is visible to everybody on most time frames isn't over. Come on! In the video I show how this is one of the most powerful bullish recoveries in the history of Wall Street, and why I have no reason to think that that powerful...
I do not trade this index. In this screencast I show how there was a major struggle in the world economies between February 2018 and today 28th October 2018. I explore potentials for Bitcoin and Gold.
A major corrective move south n the MSCI-ACWI has happened. This index is an aggregate of world indices.
What we see on this chart is:
1. Price struggling to...
The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.
In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30).
The emphasis here is in the nature of the struggle to avoid correction and the similarities in form.
The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time frame....