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Ascendingtrend

JMIA GAP and Ascending TriangleNYSE:JMIA This overreaction is the best, we have so many things we can't wait to share with everyone. First we have a massive gap after the overreaction upon earnings, many of which are bought right back as every reaction is an over reaction. ( We're sure JMIA would meet the necessary in order to be profitable. ) Second, on the 15M chart we have a ascending triangle and not only followed with a golden cross ready to break. We still have on every time frame from 1H to 2H,3H,4H and D charts the MACD crossing up showing other signs of run up My checklist is over and ready, what about yours ?
NYSE:JMIALong
by RaphaelRusu
USDJPY Ascending Trend Line BreakoutIn the hourly time frame we see price pushed up to an important level of resistance and then reject below breaking out of its respected uptrend. The Market is showing us that price can begin consolidating at the key swap level price is at right now and this breakout could be an exhaustion for the bulls before they come back in with another impulsive push up breaking our resistance or this can be a breakout, pull back and price pushes down to our key support level.
by RiosTrades
DXY FLY OR FALL?Price Action (Technical Analysis): I don't like to over complicate analyzing any pair or currency so here we have the Dollar rallied up to an interesting area to begin reversing and possibly breaking below our ascending channel. Price can very well progress to faking out retail traders and push up higher into our resistance zone. Fundamental Analysis: We mostly saw damage being done in Currency Pairs that didn't involve just the Dollar's value. Cutting Rates dumped the Greenbacks in Major Pairs such as USDJPY.
TVC:DXYShort
by RiosTrades