"Trading is not gambling It is the games against the system" You have any hesitation above the chart Have any glitch on the BATBTC days chart ? i hope traders can properly indentify my charting glitch ! SPX500 expectation is rights? SPX500 mine own perspective so what's your opinion on the SPX500 price movement please comment in the below section .
TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents. Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success. Though I took...
Price broke a little above the structure before continuing in the previously anticipated direction (towards the trendline). I have also identified another significant level of resistance which is in confluence with the trendline. I'm going to watch this area closely for a bullish signal before going long.
GBPUSD is in the trendline and made perfect head & shoulders on 15m chart
WE CAN TAKE SELL TRADE IF CORRECTION WAVE GOT BREAKED
Looking at the image, it can be found that EURUSD is at a tested level of resistance (Trendline) and Fibonacci level of 50%. A potential short play currently but to take note of a potential inverted Head & Shoulder potentially forming which indicates a bullish play. All this will be in reference with the US Basket chart whereby it is currently at a tested...
Base on my prediction in GBPUSD chart . (Link below )
Hi Traders! It has been a while I posted here. I caught a bug around June so I had to take a break to get proper treatment and heal myself. Remember guys! Your health is your greatest wealth. The market is going nowhere, it will always be there as long as the human race continues to exist. Trading has to deal with mental and psychological wellbeing. When you're...
1h downward channel possible break if bullish. If not then retest of larger channel bottom/support area. Waiting on entry. Great long term fundamentals: largest mall real estate owners trading at nearly half of their valuation from just a few months ago.
With schools closing nationwide in the US and other countries (although $SNAP) isn't as big international (86% USA usage), the average user per day should increase from 218mil last quarter as well as monthly active users clocked in at 360mil the previous quarter. Last quarter (4q 2019) revenue doubled in advertising so the company was already gaining traction in...
As we can see on the chart, the upper trendline drawn has been holding the pair at bay for months. Now that price has found its way back one can only expect two things; 1. A breakout above, retest and continuation to the upside, OR 2. Rejection of the trendline and reversal to the downside. At this time, we have two indecisive daily candles already held at bay by...
A downward channel has been formed in a good trend area of value to buy.
FX:GBPJPY GBPJPY H1 => SELL - Structure: Downtrend forming - Tendency: Downward - Below support -> Active! PLAN: - Sell: I am already in this trade, but if the price go to touch the tradeline you can take this trade. - TP1: 130.65 - SL: 132.70
FX_IDC:EURUSD EURUSD , H4 & D1 S/R Levels. H1: - Candle: Reversal candle on H1 H1: - Upward Above support => BUY PLAN: As picture
I'm going to be completely honest with you, I have no effing idea what happens next. At this point, I am operating purely off of intuition. Technicals are great. We like to believe that they give us a good probability of what happens next. And I did use technicals to predict this $8000 target (see my last few posts). But really, when it all comes down to it,...
Ok, let's face it... Oct-Dec 2018 was terrible for the global economy -- virtually all stocks were down... let's just consider year-to-date... Previously, likely Double Top formation leading to decline. REPEAT? IF considering THE "ultra-bullish parallel channel" (UBPC, ideal for all irrational growth plans)... this would break through to negative side, down to...
I use multi-frame technical analysis to support my set-ups as higher time-frames are always more reliable. Therefore, lets look at UC by starting on the monthly time frame. Monthly time-frame: The ascending trendline, indicates that the current trend is bullish, thus looking for longs will be better than shorts Weekly time-frame: When dropping down to...