topping

GBP JPY short could be looking for a bearish lg in the next couple of days any of those fib levels will be acting as a resistance level stay tuned

Direct Line Group continues to trade within a medium term downtrend. In the last couple of sessions we have seen a rejection at the medium term trend resistance line and also the top of a range that has developed over the past few months. This rejection is likely to trigger a move to the lower end of the channel at 332p. 332p is a huge support level that has ...

Silver seems to be forming a topping structure, there is a major supply zone around 18.40, if price can close below the trend line i would be short to around the next trend/200EMA. The RSI is also losing momentum and showing a divergence with price. Weaker than expected NFP could be the catalyst needed here.

Price approached and rejected resistance on the 4hr time frame, this resistance area is a crossing point with the descending trendline. Placed sell stop order below current daily low and will trigger should there be an aggressive rejection of this area.

So, the kingly discipline in bitcoin, aside from estimating WHEN a rally might start, is of course predicting the top of the rally. I should add that I think it is utterly improbably to predict anything at all with a high certainty in bitcoin, since bitcoin is so young and we don't have enough data. But I'll try anyway :) I looked at the previous rallies and ...

I'm not a fan of Head and Shoulders patterns - inverted or otherwise - but many people will have noticed the formation in the FTSE100 and will be waiting for the break down. Whilst oversold stochastics could promote further right shoulder development, the eventual break will likely target 6400/50 as profit-taking pressure increases. Would Victor be a seller?