fulfilled bearish setup -
triple top with decrease volume and weaker momentum.
Following the weekly pivot point,
first target - 22400
second target - 21500
third target - 20500
I noticed a few comments online relating to plus500 business conduct, so here is what I found to be the case along with a predicted conclusion.
Plus500 showed incredible growth during the peak of crytpocurrency trading by taking advantage of the lack of regulations on leverage, high volatility and a surge of new, inexperienced traders. The leverage has since been...
If price should move below the 1.9350, i will be entering a short position again. Well this trade was obviously epic, as i entered it on a Thursday, on the daily timeframe, and Friday i spent half the morning in a gruesome Financial Reporting exam. Let it be known that i normally enter my trades using the 4-hour and the hourly timeframes. This was almost a first,...
Last post: June 8th. See chart .
Review: Price had just broken the previous resistance level.
Update: Price has now clearly broken that area and is making new highs.
Conclusion: We need to wait for price to close above the previous high before looking to go long.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is hovering around the resistance level, struggling to break above it.
Conclusion: Once we see price continue to move above the resistance level, we will look for long opportunities but we will be standing aside until that happens.
Any comments or questions, do not...
