The biggest market crash in history is coming very soon! If you cant see this and see that the market is in a massive bubble propped up by stimulus money that will soon be stopped then you shouldn't be trading. I can see new lockdowns coming this winter which will see businesses close down again, many of them wont re open and will go bust which will mean thousands...
December 2014 was the last time oil price was higher than 77 so for me price was not going to break this level especially in this current economic climate, so i sold at 77 and i am holding, next target is 67 support but i also think this level will break and bears will keep pushing price down as more lockdown and travel restrictions come into play this winter!
If...
I will probably get a head kick off her for this title, hopefully it knocks some sense into me because it sure cant knock anymore out haha.
So lets look at the chart, we have 2 levels marked out 1.170 and 1.198, these are strong levels as they have historically been used as good support and resistance if you get the chart up and zoom out then you will see (if you...
Ring your bank and tell them you will be making a large deposit in the next few months.. Actually don't put your money in the bank as there is going to be a cyber attack that will take the banks down and your money with it. And if the cyber attack doesn't take your money the banks will anyway as they are going to be in massive debt and will be able to just take...
Jake Paul is a weak boxer but a good business man, he will get put in his place by Woodley.
1.264 level has previously been used as a very strong resistance level if you look back to March and April this year price touched or came within a few pips of touching around 8 times in this timeframe which makes it extremely strong!
Since the start of June price has...
The exchange rate has reached 0.6900 and has been consolidating here for a few weeks .
If we look at the medium-term structure, the trading range is clear, with the upper end at 0.7300 and the lower end at 0.7000.
The short term price action shows tailed bars that may indicate difficulties for sellers to push further down, and this can become excellent...
A retest of 1.199 is a possibility.
1.199 was a very strong resistance level that was used and respected multiple times before yesterday price smashed through this level, now when price breaks such a strong level we do expect price to come back down and retest that level as support before making more bullish moves up to our target area which is marked out with a...
Buzz Lightyear is in control of this rocket ship.
For me a key level of interest and a sign that price finally broke out of the downtrend came in my yellow box, as we can see price came back up to test the trendline for the 4th time, it broke on this 4th touch and then came back down to test this same trendline as support before bouncing in a bullish fashion and...
If you take a look at my SIMPLE TRADING STRATEGY FREE chart i posted the other day you will see that i said bulls will push price upto my 1.19 level which price did today (well came within 2 pips of this level) Before dropping 30 pips! I caught this bounce and i hope you all did.
Now after this 30 pip bounce i can possibly see price breaking this 1.19 level and...
0.75814 not a round number i know but is not far off 0.759 so this level still hold strong promise for upside bullish moves, especially as this level also lines up with the 3rd touch of a strong trendline which as we know more times than not creates a strong bounce!
There is potential for a +200 pip move to the upside from the touch of the trendline, so this...
We can see price has had a nice little pullback from the key 60,000 level and it has pulled back to my trendline and support level which gives this trade a double confluence, the trendline has been used many times before as both support and resistance and the touch of my trendline was the 3rd touch which is significant in my trading strategy!
I can only see...
