Indra is moving inside a lateral channel with a slight bearish trend. In the last days there have been good news about projects that are being signed (i.e. Defense, Ireland) but it looks like global pandemic situation is making investors undecisive whether to hold positions on the stock or withdraw. Lond term trend is clearly bullish. The company was planning to...
Pros
Above a resistance level.
Resistance level tested 4th times.
Divergences on DXY.
Divergences on h4 timeframe.
Cons
Strong dollar.
The strong of the last bearish impusle.
Stratregy
Buy a half at a market price, and the other half when the HCH is complete.
I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%)...
Pros
Lateral on daily timeframe.
Bullish on longterm.
Cons
Countrend on hourly timeframe.
The strength of the dollar is bad for the commodities.
Strategy
The gold is on a lateral channel. Long at the bottom and short at the top.
RSI divergences on hourly timeframe.
The candle could be a hammer on the support zone.
Close a half at the middle of...
The market-price is lateral. A good and conservative price-entry would be only if the price rises to or above $8121, with a Stop-loss at or below $8059.
And analysing previous price upwards, there was a variation of $ 80, so you could set your first target at $ 8155 or above. This is a conservative scenario, with slow bull run.
If it happens to start a crazy...
Decred swings within a wide lateral channel (USDT $ 20.00 to USDT $ 40.00). I do not see anything to do at this point. It is best to wait a drawback up to USDT $ 20.00, where it is possible to enter buying with short stoploss.
USDCHF has been trading laterally for some time now and no sits right on its weekly (120-h) mean. There is no apparent expansion volatility (measured by 3.2 st deviations) and there is no apparent slope of the mean.
As there are no significant news (calendar events) coming out on the USDCHF today. traders can pick trades both ways, betting that the price will...
