GN PLAY WITH PENGUINS :) 18/12/2019Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
GN
GN UNDER ATTACK :) GBPNZD 14/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
GN shortsIG - smartmoneytrading
GN - 4H
Price is currently at the first magnetisation area, and looks like it wants to break through after failing to reverse at this area
As you know Teresa May is resigning as the PM on the 7th of June, so i do anticipate further downside to the main magnetisation area and you will see a stop/price momentum change when it does arrive at this area
There is no confidence in her as PM so her leaving could be seen as positive for GBP and could see a short term rally back up (i say short term because there is still Brexit uncertainty)
At the same time NZD central banks are looking to lower the interest rates which will weaken NZD and these 2 fundamentals together could produce a very nice run to the upside
Similar situation on GJ which will be coming soon
Please share this instagram and telegram account as there will be more to come (on an intraday scale aswell as swing trades)
All is for free, i am sick of seeing people posting analysis that makes no sense on a fundamental or technical level and costing people money also selling courses that are copied from baby pips!
Trade like the banks, not a retailer!
Expanding Diagonal in GBPNZDHere we can see from the Elliot wave perspective a good example of an expanding leading diagonal. The market is aligned for wave 3 in the sequence to the downside.
From a catalyst perspective, we have a vote on the support of an Art.50 extension today from HoC. This is likely to be approved by the UK today, what is not so clear is whether the EU will allow anything more than a two-month extension (for now the odds are very low).
Meaning we are in the same economic chaotic situation we have been in since the vote; consumers in the UK are going to drown via inflation, GDP will continue to fall, unemployment will tick higher and wages will remain stagnant.
The UK is aligned for a Hard Brexit, leaving the EU without a withdrawal agreement and transition period will push inflation through the roof.
(i) Imported goods will be subject to WTO tariffs
(2) Border disruption will cause shortages and lead to price increases
(3) Weaker currency will increase import prices
This is not going to end well, there is only one direction for the Pound with this scenario. It's time to pay attention once more to the sell-side (i am starting to sound like a broken record!)
Best of luck...
There is a possibility for the beginning of an uptrend in GNTETHTechnical analysis:
. Golem/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00065000 to 0.00059000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00065000)
Ending of entry zone (0.00059000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00073540
TP2= @ 0.00078350
TP3= @ 0.00085440
TP4= @ 0.00093080
TP5= @ 0.00103200
TP6= @ 0.00114110
TP7= @ 0.00135630
TP8= Free