For the past few days, Gbpaud has been pretty bullish forming higher highs and higher lows, An exhaustion of the bullish strength in price can be noticed as sellers take over ! The downtrend should continue for a while before some bullish momentum comes in later days ! Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You...
All key levels have been identified. Previous trade I posted of AUDCAD shorts was executed to perfection. Moving on to EURAUD here, the 1.632 level looks promising as well with beautiful rejection and alternation between S/R. The second entry if somehow this level fails would be the 1.643 zone where a longer-term move can be anticipated. A low-risk trade with huge...
Looking for a short and long term buy on AUDNZD with target 1 being approximately 1.045 with a tight 20-30 pip stop from the current price and target 2 being 1.08 area with wider stop (smaller positions advised for this one, payout will be larger anyway). Rejection of rising trend and previous lows.
Hello traders, Crypto Crusader here with a small cap analysis. This analysis is on TheRealReal ticker "REAL" The fairly recent IPO in June of this year received a listing price of around $30, at the time of this writing, we are trading around the $17 mark. Given how small of a company they still are, there is large growth potential moving forward for a...
Short GBPUSD looking for continued downside trending after touching resistance. A breach of resistance could signify a breakout and strategy should reverse.
Overall, USD/JPY is trending upwards. Recently, USD/JPY’s uptrend come to a halt after announcement of President Trump signing the Hong Kong bill backing protesters was released. Currently, USD/JPY is testing the resistance level of 109.400 and the next support level is at 108.000. Stay out of USD/JPY for now.
BTC looks to be currently going parabolic which normally means a retracement is due. This is coinciding with strong overhead Resistance at approx 10K. Good luck all!
After a heavy rejection followed by a massive impulse to the downside, I expect some sort of pullback as we get very close to key level of resistance. As well, with any impulse there must be some sort of liquidation/profit taking & the 50% fib zone seems appropriate, - but so does any type of pullback so stay cognitive with prices movement. For all we know the...
I believe LTC will breakout along with BTC and it will cross the 30 week moving average at $85-100, then I believe that it will pull back and bounce on the 30 week moving average and push forward to around $175. Similar to what bitcoin has done on the 30 week moving average, broke through and started trading above the 30 week MA. Will it do it like my picture?...
The price of EURUSD has been considerably bearish with more lower highs and lower lows formed and slight consolidatory phases. However, following l ast month bullish reversal candle formation close ( Morning Star) . It is time to switch the frames in which we look at this pair from. It is time to consider bullish opportunities on this pair that only if...
As bitcoin reacts off a significant daily support level, be not tempted to quickly buy, as this coin is still in a downtrend and has the possibility of approaching the lower trendline of higher timeframes as seen in the diagram and also an order block on the weekly timeframe. As bitcoin thus finds resistance on the daily close, watch carefully as it respects...
On this pair we got both targets by the end of last week. Price respected exactly our zones giving out good opportunities. From our prospective the price will retest the yellow zone, probably pushing even higher than the previous high. we'll watch this pair closely during the week, looking for formation to upside around the neckline N. Comment below what's your...
Aemetis, Inc. operates as a renewable fuels and biochemicals company. The firm focuses on the acquisition, development, and commercialization of technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into biorefineries. It operates through the North America and India segments. The North America segment...
Analysis: Gold on its Fibonacci extension has reached full exhaustion. Currently sitting around its physcological level 1490, this too being the 23.6% Fib Retracement level. This too being the long-term outlook currently. Massive in terms of gaining understanding of golden levels. If one does not understand certain importance around key levels, then one will...
Technicals: Flow: Bearish Structure: Double top/ M-Formation on the H1. Failing to make higher highs. On its H4, a larger timeframe downtrend
Timeframe: H1 Structure: Downtrend Tendency: Bearish Fundamental Analysis: With the pound potentially not getting a deal, could this spell somewhat of a recessionary period for them? Could the Yen be the safe zone for investors?