GBPCHF at strong support with bullish pinbars on the 4h timeframe indicating a reversal. We have now broke out of a descending channel and retesting the the trend line where we can look for a long position up to the resistance area.
Hang Seng Futures HSI1! Next Long Set-Up This index made a neat exit of the upper parallel - followed by a pip perfect retest of the same line before reversing higher again to test the first line of resistance at 26764, failing just below here after an intraday high at 26694 on futures. The 26770 level is looking increasingly significant. A break above here...
Bitcoin Updates Bitfinex Bitcoin finally broke higher at the highly inconvenient time of 01:55 Bst 20:55Est. For those lucky enough to be around for it this triggered a long from " the break above 6500 for a scalp to 6616. If volume stays low look to close down a little below here . The 6616 line is the neck-line of the still smouldering IHS. Any break above here...
in the same way EuroUsd USDCHF stands to BUY - USDCHF is being tentatively appetizing for sellers
Markets are patterned but not always clear therefore subject to personal interpretation. But Boeing appears to provide us with a nice impulse wave from its 2009 low. If correct, that implies two things : First a correction has started or will pretty soon that should push BA back towards 135-120. I like 120 as it is the 38.2 retracement of the previous wave and the...