Gold has been rallying strongly this year and this has a long term bullish outlook. And with the dollar index making a "bearish golden cross" last week, gold potentially will continue to create new highs. However, more desirable now is for gold to pullback to value before another move to the upside. Selling pressure that ended last week might be a first...
BTC / USD Trend. Price redrawing of the main BTC trend and, as a result, the upward channel. Halving. Important area. Fantastic scam of the century.
The maximum potential of the Lord’s ascending channel, if there is a breakdown and consolidation above the downtrend line of the secondary trend + $ 113,000.
Trend lines, ascending channel, important zones and price...
Coin exchange - binance.
The main trend is an uptrend. Formed an ascending channel.
The secondary trend is a downtrend. Formed a downward wedge .
Cycle 1 is about 370 days. +700%
Cycle 2 is about 470 days. +700%
Cycle 3 , if confirmed, about 570 days. +700% ?
The coin is promising for the accumulation of position, as long as the Binance exchange...
JPM stock price has been testing the support level at 91.40 & each time the level is tested, it is met with bulls. Last week Friday bullish reversal looks phenomenon with good volume accompany the rise in price. This is the time to push the price above 100 in the coming days...
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- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In...
With the ongoing corrections on the daily timeframe, AUDUSD is most likely to re-test the recent low @ 0.67744. If the level is not strong enough, the pair may touch below 0.67363 before it is rejected.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Gold risk level is at mid-point and with the commercial hedger net-long still falling, gold may likely create more highs. We saw gold violating previous swing high at 1765, and if this momentum is maintained, gold could rally towards 2011 high above 1800.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Recent weakness in crude oil could see sentiments changing to short trade. The commodity struggled to above its early June (June 8) Swing High and price rejected on 23/06. Any further price rally towards bearish order candle may likely invites more bears to short crude oil.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
BUA Stock price is now creating a new 52 week high having closed last trading week at 44 Naira. And with book favouring future growth of the company, everything looks promising. If the price can break above 44, and re-test it in near future, its a good opportunity to key into the market otherwise, a decline to value price either at 38 or 41 even provide a better...
Alaska Air Group is now pulling back after a good rally up. The stock might be targeting to close the gap-up created to. A buy at this level could be profitable on the stock for a swing trade...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
After successfully breaking the LOW at 1.12125, EURUSD is now targeting to decline to its mean value or the lows at 1.1000 to find a good support. A pullback to test previous low or where liquidity are most likely early next week...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
The weekly indecision and rejections ongoing with FBNH stock price makes the short term direction unclear. On the medium term trend however, the stock has turned a little bit bullish and a decline below 5 Naira is much desirous. Looking at the volume, the stock has a decent average volume than when it declined towards April 2020; this could indicate fewer decline...
Recent selling pressures observed on Guaranty Trust Bank stock price could possibly mean the stock is about to pullback to a support level. Identified however is the support at about 22 (Naira). If price is rejected at this level, then we could have a reversal to the upside & price could also go to re-test support at 19.21
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- Let emotions and sentiments work...
With last week H4 ended in rejection candle at a critical level of 1.12349 on Friday, EURUS may be ready on a short-term to re-test the recently created bearish order candle at 1.13209. If price is then rejected at this level, then fibre selling pressure may commence.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Last week, S&P 500 index ended with a bearish candlestick, thereby creating a bearish engulf. Coming days, the index likely to fall on short term to 2935 after a brief testing of 3100. Volume however suggests that the index on the medium term could still fall further to test the bullish order candlestick at 2700 as the average declining volume is much higher than...
We might see USOIL contracting a little bit in short term. This week, oil will test the swing high at 40.42 & if price is rejected at this level, oil possibly could pullback to 32. A close above 40.42 will be a positive signal for oil - meaning future pullback will be minimal...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In...
Gold has been struggling to make new swing highs in the last few weeks and as a matter of fact, it's trying to make a daily corrections. However, overall outlook of XAUUSD is still bullish . If gold touches 1697 and rejected, it could reverse at this level, but if there is no rejection, we might possibly gold going lower to some support levels.
Gold could also...
Further price rejection(s) between 61 & 64 could see Centene Corporation Stock Price rally towards the upper trendline of the corrective bullish wedge (or above)...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
