Barclays is currently trading within a Descending triangle that is visible on the Multi-Month Timeframes. It has had some wicks below the Demand Line already, but has yet to truly break down. Whenever it decides to truly break down, there are really no supports below it, so I think it will go and make new all time lows and reach one of the Fibonacci Extensions...
BTC Jan-March: Quarterly Low : $16500 Quarterly High: $29200 77.32% increase Ytd 65 days spent above the 1d 200ema 25 days spent below the 1d 200ema Biggest daily drawdown -9.08% (March) Biggest daily increase 12.35% (March) JANUARY: High $24000 Low $16500 +46% FEBRUARY: High $25300 Low $21400 +0.94% MARCH: High $29200 Low $19600 %21.93
Draw your own conclusion ... I see a solid run ahead.
draw your own conclusions ... I see a solid run ahead - Loni Chowdhury @Loniwood
This is moreso a neutral analysis of the quarterly Dow Jones since it will take quite some time to play out. It's just a good thing to keep in the back of your mind as at the very least we are heading into a choppy/stagnant next few quarters. The highlight is simply a 4 period ROC above 40 while price makes a new 10 year quarterly closing high. **yes I know this...
They always say nothing good seems to ever last forever. This is also apparently true in the currency world as well. The green back USDJPY pair has been held strong due to the strength of the DXY(USD) but due to inflation the fall of the DXY(USD) is inevitable, and unavoidable. Here my long term technical analysis illustrates that over the course of the next 16...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (4th Quarter Statistics) @...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (4th Quarter Statistics) @...
The weekly chart is largely bullish, and we also count with the quarterly 'Time at mode' signal that implies that price can reach 32.316 by July 31st 2017 or sooner, after the downtrend that started on April 2013 expired. I am long, and placed a tight stop as signaled on chart. If we get this right, it's a massive home run trade, so don't miss it. If you're not...