EURUSD channels and position on Monthly, Daily and H4.
gold is now in zone price 1517-1531$ fibo 38.2-61.8% if brake UP target is 1539$ if brake down target is 1511$ if gold going up to price 1539$ and he goes down after, we have parallel channel H1 time frame
FX:USDCHF , FX:GBPCHF , FX:EURCHF , FX:CHFJPY Geo-political tensions support CHF pairs. Here is our latest analysis on the short term outlook of CHF pairs. The franc continued to gain support during Thursday despite net gains in global equity markets. Expectations of dovish policies from the Federal Reserve and ECB were important in underpinning the Swiss...
The chart shows either a wedge (broadening descending) or a parallel channel. It is important because the former more times than not is an indication of probable reversal northward. The latter (the channel) creates more probability for the south. As many will know much of the volatility in the last few days has been related to the US-China trade talks and...
What if we will get this kind of fractal. It will be perfect. Channel will be confirmed and we will touch 6000!
Price has been moving in a descending channel, in a series of impulses and correction, and we can expect prices to continue to move to the downside. There is potential for short term long entries due to an inverse head and shoulders pattern, which is a reversal pattern, but first price has to break the neckline and this will give us confirmation to enter...
NZDCAD is a very wild bucking bronco. Recent price action in a ranging market holds some potential for long or short positions. But at this time it's a waiting game. Avoid FOMO.
EUR/USD & Dollar Index Update TRIFRACT - Shorter Term a bit more weakness for the Dollar Index then Big move up for the Dollar.
Watching for an hourly trend change to indicate our new daily temporary bottom is in. Bulls will try to hold 274 tomorrow and break resistance, if we lose 274 we'll look to find a new support level and try it again
We are looking at the EURUSD pair on a 15m chart. Price currently is in an ascending channel pattern Several failed attempts have been made to breakout of the channel pattern While preparing this post we had a bullish breakout of the channel top that failed. If price attempts a second retest of the bullish channel top breakout watch for a completed bullish...
The Federal Open Market Committee (FOMC) is expected to unveil another rate hike this Wednesday, December 19th 2018. Probability of a rate hike is quite high, as a neutral or easing federal funds rate would indicate "a need for stimulus" in the U.S. economy (God forbid the FED indicates weakness in the economy while the stock market is sitting just above critical...
There is possibly a new trend and channel developing for the south. I'm watching this one carefully and placing alerts at key levels.
EUR/USD is attempting to continue its uptrend channel. With this breakout, let's see where the price can go. The stop is set far enough to account for any swing lows if the trend continues upward, Entry point and Stop level indicated on the chart. Profit target will be taken discretionarily (no set target).
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Like I said on my video, I've looked at all the 4 hr charts for BTC, BCH, ETH & LTC. LTC is the most promising to me as a trader in the next 3 days or so. Big breakout coming! Nice profits imminent! Watch BTC carefully. BTC as of the post of this video is about 9102, if that dives, so will LTC , which means it will arrive at my targets of 142 or so, give or take....
Nice channel but with real uncertainty, as always. I'll say little here, as it's all in the video. This is a lovely situation for new traders to play with on a paper trading account. Have a go! It's only play money. Remember when we were kids? We learned by playing.
The video shows the picture, so will say little about this here.