Price bounced off the 0.236 fib several times forming a evening star and then several bearish pinbar candlestick patterns in a row. This is indicating selling pressure, we could see price advance to the downside soon. My preference is a rally up to the 0.5 fib in confluence with some structure but advancing up to that level is looking less likely. RBA meeting on...
British Pound is still in a decreasing trend channel. The pair fails to reach main support at 1.52 level. That's why i'm still bearish on that pair. On the fundamentals side the UK GDP growth rate shrinks in Q4 2014 to 0.5 percent from 0.7 in the previous period. Germany other big player in Europe officially enters deflation. Good entry point is at 1.507-1.504...
selling tops an trailing all Adam and eve hunts to get an abandoned baby :D tasty trade
That would be a week-wise trade. Fun fact: ITB4 (Or ITUB, Itaú Unibanco) is the most suggested stock by analysts in Brasil to buy and hold. Mainly because we are approaching a bottom, or you could say, a famous support. That's the last chance to short before it reverses -considering- it will reverse once it hits this bottom. R/R is medium, because we are in a...
tesla is still overrated for a company with still mony buring Q to Q and the oil rice will be also bad for tesla. And other company come into the market with better looking cars like BMW i( a nice car you can se it here www.bmw.de