TheFinancialTRDR

TheFinancialTRDR Updated 

Hi fellow traders, Taking a look at GBPJPY, we are currently in a scenario where we could look to ideally target LONG trades. Though this may be on a monthly time frame, we can see we are approaching and now touching a critical support trend line. It appears that we are in a make or break scenario now, with the high likelihood of a fake out occurring. I would...

TheFinancialTRDR Updated 

Hi fellow traders. Looking at UKOIL right now, we can see that the RSI indicator has fallen towards the oversold region and is currently looking for a rally to the upside. Considering that UK Oil Supply is to remain the same, and with the UK Iran Oil Tanker tensions rising, it looks like UKOIL could look to push to the upside. At this point in time 64.20ish...

TheFinancialTRDR Updated 

Hi fellow traders. Gold is currently looking to drop further, with details of all of Europe's PMI's coming out, and later at 12:00pm, the BOE Monetary Committee's decision on the UK's interest rate. It is very possible for Gold & GBP to drop, considering the fact there has not been a rate change since June 2018 & considering the UK's new prime minister is...

TheFinancialTRDR Updated 

Hey fellow traders! Looking at XBTUSD from a 4H chart, we can see a basic support trend line that has been tapped a few times over the past month. Right now, this support trend line is being tested as a resistance level. This could be a make or break scenario for XBTUSD. If we do break this strong resistance level that is currently not allowing XBTUSD to climb...

TheFinancialTRDR Updated 

Hi fellow traders! On the 1D chart for XRP, a new descending bearish triangle has been forming since we last saw the rally of all cryptocurrencies from a few weeks ago. The market 'hype' for cryptocurrencies to suddenly just rise has begun to die down. Now, we are seeing all cryptos falling in price from its highs a week or two ago. I do this XRPUSD has the...

TheFinancialTRDR Updated 

This is just technical analysis. Do not follow this trade blindly! Hi fellow traders! ETHUSD is currently 3.19% up from yesterday in terms of market price, seeing a surge over the past 24 hours. So, is it now time for a pullback, or to try and break through all-time highs? Personally, looking at ETH from a technical stance, it is currently in a parallel...

TheFinancialTRDR Updated 

Hi fellow traders! GBPUSD has currently been a very quite pair to trade over this week, with very little movements in the market. After the last call regarding GBPUSD to the upside following the UK's extension for Brexit, at the EU summit, it was a shame to see very little momentum to the upside. In terms of fundamentals, there has also not been much developments...

TheFinancialTRDR

Hi fellow traders! We have recently seen BTCUSD rally over the past couple of days after breaking out of a consolidation zone. This has led to a rally of BTC approaching around $5500 USD at its peak. Looking at BTC now on a weekly time frame, a doji star has been printed - to be specific, an enormous evening doji star (highlighted in green). This is a sign of...

TheFinancialTRDR Updated 

Hi traders! Today, UKOIL has seen a move to the upside from 70.88 to 71.75. 1 of the following 2 scenarios could occur: - Scenario 1: (ideal scenario) As price has re-entered the daily and hourly resistance region highlighted in a pink/purple box at the top. Price has previously rejected from this resistance zone and on the 1H, there appears to be a double...

TheFinancialTRDR Updated 

Hi fellow traders! Tesco really has to potential to move either side tomorrow! Hopefully to the upside however, considering its sale growth, over past consecutive quarters. Tomorrow, Tesco PLC are going to be releasing their full year results tomorrow (10th April 2019). This could give the potential for this stock to spike upwards. Investors will be keen to see...

TheFinancialTRDR Updated 

Hi fellow traders! GBPUSD is currently trading around 1.31100. It has the potential to rise all the way up, following the current EU summit taking place right now. If the UK is granted an extension, this will rule the chance of No Deal out, which will allow the £ to strengthen. Hopefully if it is a short one, it would be better as it would allow the UK to leave...

TheFinancialTRDR

Hi! This is my first ever article on TradingView. I am not an experienced trader nor investor, but looking at the recent surge of BTCUSD, and its price going up 15% in a day (a week ago), with many claiming a 'BULL RUN', I would like to question the real validity of this claim for many reasons. These are my own opinions, if you do not agree, PLEASE DO NOT SHOW...