Starting September 2nd I'll be on holiday in Turkey for 2 weeks. I've managed to time this holiday pretty perfect, looking at the charts we can see it's been in a steep UP TREND since 2nd of July, although it could be argued it happened after the RANGE BREAKOUT in May. GBP is now extremely strong to TRY, meaning we get more TURKISH LIRA for our GREAT BRITISH...
The technical figure Triangle can be found in the daily chart in the Spanish company Meliá Hotels International, S.A. (MEL.mc). Meliá Hotels International, S.A. is a Spanish hotel chain. The company is one of Spain's largest domestic operators of holiday resorts and the 17th biggest hotel chain worldwide. Domestically in Spain the company is the market leader in...
Our target of 18k has been achieved, we can expect 17960 to hold. Rest of the day should be dull sideways movement. Tomorrow (well after holiday, so day after tomorrow) markets may open gap and go down again till divergences are formed.
CME_MINI:NQH2023 - PR High: 11620.00 - PR Low: 11582.75 - NZ Spread: 83.0 Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - 8/19 Session Gap: -0.04% (open > 13237) - Session Open ATR: 265.04 - Volume: 17K - Open Int: 268K - Trend Grade: Bear - From ATH: -30.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12391 - Mid: 11820 - Short:...
My hairdresser recently told me how her strategy of buying Apple shares before the end of the year had been serving her well. ‘Everybody wants an iPhone for Christmas, it’s simple”, she exclaimed. It may be that investing is much easier when everything is going up – at least if you are taking long positions. Or maybe one only needs to combine observation with...
BTC has stayed in expected value area range due to low volumes on holidays. We will decide our trade based on which side we get breakout, if it is with good volume we will ride with the dominant trend direction. Note, publishing my first video as bit of a test as well, if this turns out doable I'll start publishing regularly. Regards.
The Green price level line represents the top of the macro range previous to the most recent all time highs. My bias is that price action took a sharp plunge from Nov 8 - the beginning of December... Price quickly regained strength and bought back previous losses. If price finds strong resistance above the previous all time range the tells me that price is...
More on this later, but the chart indicates weakness. That said, I am not sure what to make of the bear wedge just yet. Does this lead the entire market lower? Do we go sideways for a little while and then take off higher? For now, really interested in the price action at $214 and will continue to monitor.
$GOGO getting a pop today one day after the White House announced mask mandates through the holiday season, should we buy the news or will this be a holiday humbug?
With rough retail numbers behind us, is there any room left for GME to run or will we continue the descent to ~110-100. We'll see!
With another massive earnings beat, the market continues to find value in this name that was getting beaten up long before COVID. Should be interesting to see if CPRI can continue to impress into holiday season and beyond. Q2 2021 Highlights Revenue increased 178%, with better than anticipated results across all three luxury houses Adjusted gross margin...
In 2020 airlines around the globe experienced one of the worst years in their history due to pandemic crisis and worldwide restrictions on travel and freedom of movement. This had detrimental impact on airlines around the world. Story is no different for Lufthansa AG. Last year German government bailed out Lufthansa AG with 9 billion euros. Subsequently German...
Price action has been following the structure path from Dec 2018 - March 2020 up to this point. As an ending diagonal forms on a macro level right at the point where the March 2020 crash took place, price action is pointing to a historical repeat. Be cautious heading into next week. I anticipate heavy market volatility following the US Bank Holiday.
BUY ALERT FOR NFLX ....!!! TARGET 500/520 STOP LOSS 465....!!!
After the breakout and re-test of the structure, the market formed another structure. There were fundamentals involved, such as the independence day in the USA. Considering a a positive PMI next week, I'll be expecting a breakout of the last high (0.69520) and a retest. The pull-back is where I'll be placing my position. Follow me for more ideas!
Welcome to this analysis guys on todays bank holiday. We are looking at the CHFJPY on the 1h time frame. There was a clearly bearish trend line, which was broken to the upside and got retested. The retest happened with a pin bar or a so called wick. A good indicator about a trend change. My favorite divergence is also in place. It is still possible to enter...
Hi everyone ! This is a trade idea on NZDCAD we are looking at currently. But first i want to wish everyone a happy new year. Enjoy the free time with your friends and family. NZDCAD did a nice bullish run with a top high divergence. We looking for a good entry as stop loss for now is too far away. Will keep you guys updated here. See you guys in 2019!
Technically speaking, if everything aligns, we should see a very decent bearish move from GBPCHF. Expect movement down to the 38% Fib line (at very most).