GBPUSD has reached previous support level. Buyers were interested in this price range before. They might buy again. Try fading sellers. But the monthly and daily charts show a possible top. price has shot upwards and come down suddenly. If trading long term, fade buyers and go with sellers.
As you can see in the above chart the situation is still uncertain, after a bottom done on the second support line of my Kama indicator (using as volatility factor 20 instead of 10) this market has had a violent reaction from the support. The situation for me remains flat waiting for btcusd to return above 11 thousand dollars confirming an upward reversal. If a...
Parallel Line formed, waiting for conformation.
Hello traders, GBP/USD is currently trading above MA, near resistance trend line. Long-term is this pair still in downtrend. I am expecting for this pair to fall back down with help of all negative news around Brexit, respecting the support around 1.20.
Bitcoin broke the pattern, now we have to wait, Bitcoin needs to go over $8,700 to confirm tendency has truly changed.
This market analysis represent my opinion, therefore I do not take any responsibility for the use you make of it.
Rising wedge pattern 2 (long-term) + indicators. SHORT PLEASE!!
I have a long term view of growth for NZD and I will see this pair decreasing toward 1.87 support zone. Now, we have a strong resistance zone.
Trading Style: Swing trading 4hr/Daily/Weekly Observations: Weekly Chart: Doji at the top of the trend confirmed, by price trading below $3915 increasing the odds of a period of sideways trading or a market pullback in the following weeks. BTC last weekly higher low $3337.87, BTC has grind its way all the way to the exponentials without establishing a new weekly...
Short opportunity in the works, indicated by bearish elliot triangle wave coupled with a bearish divergence in the 9-day fisher transform. May remain relatively flat on low volume until earnings reported on January 31st, or perhaps drop before then with the broader market on "trade tensions" and "fear of global economic slowdown". Long-term view: Amazon has a lot...
The 34 Week SMA is breaking below 340 Week Double Hull, this happened in September 2000, May 2008, and late November 2015... we are in the danger zone!
The end of last week saw a huge sell off of the Dollar Swissy, with the market overextending through a major resistance zone . Price broke and closed below the 1.0015 area, which indicates to me a possible long term bearish trend could be experienced. Price has moved quickly in a short space in time , closing near the 1.0000 level, at levels of high fibonacci...
still learning. * This is my view, and is not meant as advice for others to trade! this is a long-term one. I saw this taking shape several weeks ago at the B leg, it did go to the C leg. But to even get to at what I'm hinting at, the D leg, we'll be somewhere in 2019 end of q1/q2. Going long now, would be the aggressive trade, and could be rewardable in the...
Usoil Bearish Gartley formed on D chart Pending SELL order - Retest Structure (Gartley)
Hello there everyone! Just would like to say. We are in this together, and this is finally our chance to get the biggest earnings we have ever seen. No more speculation, No more junk coins.. XRP will be the first adopter and one of the biggest for decades to come.. The Tech analysis is super healthy and the news is healthy, and the value of what the crypto will...
STORJ is now in big downtrend channel (red). I expect a continuing of downtrend in the way of the red trend channel. But If we look at the chart from short-term, we can see short-term trend channel (yellow), where is a chance of breakout upwards. But it is only speculation. When the market breaks this small channel, there is a possibility to reach a previous...
***Trade with caution over the next few days because of the Memorial Day Weekend Holiday*** As the title says over the last 5 days Nexus volume has spiked over the 20 period volume moving average 3 times. I’m looking to buy long and hold for the long term target of .00097444 which is the 52 week high. Big gains ahead on many coins, tokens and projects. Price...
EURJPY weekly chart. No world news or Economic data. Just some chart patterns. But please, bear in mind im a nudie! Newbie! Cant spell it right! Selling til?........ FOREXCOM:EURJPY