Consolidation in OANDA:XAUUSD is taking more than a month now, with price range getting more narrower and narrower. Usually such price action precedes major trends and big question remaining is only in which direction resolution happens. We should get the answer very soon
Hello I noticed that the descending triangle occurred on the chart, therefore the price can easily go back to 12k. descending triangle is quite special because it has much probability of success some say even 90%.
We have already noted twice this week that there is a high likelihood of Bitcoin dropping to $11,000. This was indicated by numerous factors, including bearish divergences formed on the indicators. And although we have not yet seen this mark, yesterday Bitcoin fell very close to this level - by $11,125. Now RSI and Stochastic are well unloaded from the peaks and...
USDRUB broke a huge triangle and now lost a local price structure, according with Plancton's strategy we can set a nice short ––––– Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Bullish Alt Bat and a potential retest of the broken structure. Sell the potential pullbacks. Targets as described in the chart. Fundamentals: Weak EURO Demand to Yen as a safe haven asset.
This is very bullish on the low timeframes, despite being at weekly resistance. Easy stops all across the chart at 1H AND 4H Closes
As seen the past weeks, the pair was correcting in a triangle to then breakout and now located at 1.34762, it could pullback close to the breakout point bouncing at the past support and bullish trend line (orange) and 61% fibonacci level of the actual support at 1.34000, to continue the rise to 1.36000.
I know you are ready for 4k, 3k, even 1k. That's why bear trap happend. But triangle closes. Not much time left. And after bear trend is over, how bull trend will look to you? After 2017 rally, after all this hype, how will people react to bull market? btw, Binance are preparing to x100 increase in volume: youtu.be Let it sink in.