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Ending-triangle

BTTC | Bullish Divergence - Falling Wedge Ending Triangle?Price action and chart pattern trading > Local falling wedge ending triangle pattern within a global falling flag corrective ABC. > Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv. > 1st target 0.786 - 1.0 upper resistance flag - upside +20% > Stoploss @ the lowest falling wedge position zone - downside -10% > Risk reward ratio: 2:1 Indicator: 1. Smart money volume support 2. Banker chip entry signal 3. Fundflow RSI reversal pattern coming out of the oversold zone 4. BBD signal - bullish divergence - just below the baseline 5. KDJ stochastic bullish divergence Always trade with affordable risk and respect your stoploss
by dukeposh
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ORBEX: EQUITIES REACH FRESH ALL TIME HIGHS!In today’s marketinsights video recording, I talk about SPX and DXY . SPX keeps hitting fresh highs despite Fed's message to keep rates on hold until 2020. Trade wars do seem to be influencing flows more than anything else right now? Whatever the case, sharp upside and overbought hints to exhaustion! The DXY's recent upside though should be watched closely. It's either an expanded flat or a zig-zag correction, so, could expect either a decline or a correction. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
TVC:DXY
by Orbex
EUR,USD,JPY Go Nuts After ECB! Fed, BoJ Expectations More DovishIn today's #marketinsights video recording I analyse EURUSD and USDJPY! Euro, dragged lower by the reinstation of the QE programme, was able to reverse post-ECB losses on the back of: - Limited rate cut compared to markets expectations (only 10 basis points) - Draghi's call on governments for fiscal stimulus (supporting EA economies?) - Widening yield differential against the dollar (ECB can't move lower, Fed can) - Expectations that the Fed will cut next week (a weaker dollar) On the other hand, the yen was also negatively affected by ECB's decision to ease. But with an ultraloose policy in the books for quite a number of years now anyway, easing would be worst in Japan rather than in the US. Hence the bullishness in USDJPY! Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex