Addition info: EURUSD right now facing a strong resistance area Significant bearish candle or a bearish candlestick pattern may cause a reversal, especially that RSI is really close to 70 On the other hand there's high volume involved in this bullish move so we may see a nice continuation and completion of the 5th wave
As the downtrend of tesla is completely coming to an end, It is encountering some resistance because of it is reaching its all time high Price is turning into consolidation. From the upward Gann fan, you will notice. the price has recently went from high speed & momentum (green area) to white area to now the blue area - This signal a potential trend change....
Eur/Jpy Short Position head and shoulders waiting for confirmation 133.40 Key Level
Currently holding trendline waiting for see if this breaks or bounces back up. Bearish bais
Pihunters took profit on last postition on this one Thursday last week, we are now waiting to setup out of the void zone. So we will sit this one out to see where it takes us during the upcoming week
Hi everybody ! USD has been the strongest currency since the end of 2014 summer. Does the speculation on the dollar is ending ? We are close to know it. After FOMC Yellen speech saying that FED won't be impatient to raise rates until economy recovered well could left the dollar uptrend out of breath. Moreover the stock market pressure could push Yellen in...
Hi Traders, I am watching AUDUSD very closely, especially if he break 0.8300, than I will be long for a medium term trade. 8550 will be probably the first target. Good luck! Thiago Duarte thiago@duarteinvestmentgroup.com @thiagotrader