The last week i said that the eurusd was gonna make a bullish correction, but it made a extension of the wave 5 (cycle). Now, i think if the price ends the extension of wave 5 and break the wedge, it's possible that EurUsd make a bullish correction. right now, the EURUSD there are bullish divergences in 2h and 4h charts, and we´re in the wave 4 of the diagonal...
1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)?
Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight...
Ready for lift off, ICN is just starting to pick up some major momentum for some MASSIVE profits. Here we can expect a very nice return, one that should be collected over as little as a few days.
Now you will see the macd is just crossing and on the 4H doesn't show an abundance of room for growth however on the daily we look great.
The coin price is low and not...
The idea is that platinum would move between the two-blue line (these are recent daily support and resistance lines). It looks like Platinum founds its bottom and is ready to move up, to the price level of 1020 (which might be a recent resistance line of the weekly) , even do the RSI has not yet curved up it is clearly oversold on the daily.
But last Friday...
Decentralization time! It is going to be a great month for Eidoo.Will try to catch it twice.
Entered at 23, and set TP at 28.9 and SL at 20. It is much safer to wait for a second shoulder ,if this pattern will complete, but I'm taking the risk)
HIT RESISTANCE.
HOURLY CANDLE IS NOW BEARISH.
WAIT FOR A FULL BEARISH CANDLE BELOW RESISTANCE TO PLACE A SELL.
TAKE PROFIT AT 60 PIPS.
MOVE SL 30 PIPS UP
MOVE TP TO NEXT SUPPORT NEAR TP
Hello traders,
next week it's inflation releases week, all markets are on waiting mode until this data comes out. The world has started to look at bonds and bonds yields, and it's moving via inflation right now.
Commodities are an asset class that performs very well on inflationary periods(the last part of the economic cycle) and Australia is a very important...
Sell set up:
- short term trend line cross
- current uptrend middle line cross
- macd 2h cross
- rsi 2h bearish div
Targets:
1 - bottom of channel
2 - double bottom
