Brexit passed, WTO terms and UK'S 'Green/clean energy deal - the Pound sterling looks good for 1.40-1.45. If USA to print more money (QE/Stimulus) GBP/USD (cable, pound/dollar, sterling) to over extend to 1.60-1.70 by 2025.
Stella Lumens XLM and Ripple XRP are both awaiting a few billion dollars investment into Bitcoin. Sideways movement in BTC will encourage another quadrupling in both these cryptocurrencies we saw from Nov 20 at 13:00 UTC to Nov 24 at 01:00 UTC
I would genuinely consider the content of this video.
This is not financial advice. I am not a financial adviser.
Both scenarios (for now at least are relevant).
On one hand, we have a potential double top, with divergence across the two peaks. On the other hand we have a descending channel break with a clean break, hook back and rejection of the channel top....
To sell, i'm looking for a break of the double tops neckline at .912.
To buy, i'm looking for the price to...
Afternoon all,
So here it is! A hedge on XAUUSD as I am in buys! and now it has retraced back to the outer trendline with an indesion candlestick which to me seems like a good
idea to short this now!!
Hedging is risky!!
But I have small SL in place to make sure I dont over board my hedging!"!"
Gold remains subdued in a tight short-term trading range as...
The USD/JPY is currently in a weak symmetrical triangle pattern, this is also coincidentally where the 25 MA and the 13 MA look like they will be crossing over in the near future (I would moreover say 13 MA crossing above the 25 MA, indicating a bullish play). Also, the Coppock curve is positive, but is slowly reaching prior resistance, so this could mean a...
The Coppock curve has been broadening in the last few weeks - this could be showing a potential swing trade. Also, the stock has a 50 MA resistance which could be a defining moment if the earnings report is a beat. Furthermore, the stock has not really shown any chart pattern in the last few months, but the volume has been decreasing ever since the stock jumped....
Tesla has produced a head and shoulders pattern. It has not yet broken out of that pattern but today is earning report- so maybe the opportunity is rising to profit tremendously. The volume has been in a decreasing trend ever since the last earnings report, so I accept a large breakout. Also, the coppock curve has been in a decreasing trend line for a while. I...
SFLY is currently in a flag pattern. The company's total revenue has been gradually increasing over past quarters impressively. Also, since the stock has such large volatility in past earning reports - i expect the same this time. In order to create opportunity for some large returns, I have put a short order in for the previous trading days low, until the 200 MA....
The chart shows where major support and resistance is, and is there to indicate the trend. On smaller time frames you'll notice that Gold has over the past week firmly stayed at 1275, rather than dipping lower. The fact that this is happening near a turning point in a major downtrend may indicate that this an early signal to get long. If Gold moves above...
On the break of the downtrend line I am pretty comfortable in taking partial profits on the BatPattern completion. Hedging for a short day trade and then building again for the upside.
Trading plan is important but I also believe in active trade management!
Major selling will be reversed now, the dollar will weaken this week TVC:DXY
So if the dollar drops gold will rise, target 1 can be 1280 then 1300 long term after that
