The NASDAQ Destined to fail. Here is an outline of the cycles marked with Revolutionary factors. Factors that will not be stopped. Therefore as Trump makes you think one thing understand that no matter what 5G is here to stay. The real move and international play is 5g. The system must be reset for that to take place. Just like it did with 3g and 4g revolutions. Yes they are revolutions. They have changed the way we live, trade, think, etc etc. 4G has taken over our life rather than just change it. 5g comes with so many different things that you only have known about in the movies from the 80s and 90s. Like total recall and AR, it is real and it is here. Look at this long high move on low volume. In charting 101 we call that a false breakout.
So to conclude my observations on these cycles of technological revolution, I must say whether you are an optimist or pessimist does not matter. What matters is how you play this opportunity. Like always buy low sell high.
Homedeot
Analysis of HOME DEPOT 29.08.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 222.60
• Take Profit Level: 226.60 (400 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 216.90
• Take Profit Level: 216.00 (90 pips)
USDJPY
A possible long position at the breakout of the level 106.30
GOLD
A possible long position at the breakout of the level 1550.00
USDCHF
A possible long position at the breakout of the level 0.9830
GBPUSD
A possible short position in the breakdown of the level 1.2155