Here I have the DXY where it is creating two new equal lows... essensially for the reversal we would be looking at the next 'bounce' point for price action Here I use Fibbs to mitigate my entry with 50% being the higher risk and 71% being more sniper entry!!
Hello and welcome to my channel 4h timeframe Divergences in price, momentum and volume = Bullish signal Orders around 109 needs to be filled and prices will most likely be pulled towards 109,200. All the signs of the reversal is already revealing. Make sure to comment or like if you enjoy the analysis and let me know if you have any questions. God bless...
Pending Limit Order: Buy EUR/JPY @ 122.23 TP: 122.38 SL: 122.08
The outline in red shows the trading range pattern for MELI stock on the daily time frame. The highs of this range are remarkably level for a trading range. The extreme low rebound is lower than prior range lows. The compression of price before the gap up is a particularly important pattern to watch for in a trading range market condition, to anticipate a...
Limit Order: Sell EUR/USD @ 1.1436 TP: 1.1426 SL: 1.1446
BTCUSD - 181208 - LONG - COINBASE - Algo Reaction - 3D - ( RRR 21.69)
If any stock can do a fakeout, it's Altria. We've seen intense selling to where the RSI is no good. FDA pressure and fears of menthol bans accelerated the selling momentum. We broke down through the channel, furthering bear strength and then through a strong support slope. Yearly bottom of April has held. I'm seeing a bear flag, yet overlapped with a semblance of...
I'm beginning to think the game is rigged. As of this writing , the price of Bitcoin has rebounded somewhat from it's low below 5400. There has been a great deal of talk lately about the integration of Institutions , Banks , and Investment firms. Perhaps this is the entry point they wanted , and everything goes up from here , with bitcoin becoming as digital gold...
So Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement? High 9.29, current 5.70, full retracement 3.98. Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching...
looking to short this level if price rejects during 10:30 am cruide oil inventory anouncement
Seeing the charting of cryptos is rather painful to my eyes. The use of subjective technical analysis indicators without any kind of expectancy for the strategy or trade outcome is rather disappointing. Although I am against the trading of cryptos which is a result of my education in the markets, I hope to assist those who have been listening to the perma-bulls...
measure rule implies .9 or 92% increase from a neckline breakout; Renaissaince Tech has 6% stake and on 08NOV17 announced $61M multiyear contract for 2020 US Census printing and mailing- doesn't get more interesting than that!