What Is The Market Telling Us? Sell side liquidty taken from stop hunt, giving off a false bias of downward movement There is a continuous break of market structure (BMS) in current trend Previous daily high has been violated with What Are Market Participants Doing? Within the last 24hrs of this post, there has been a +23% jump in NZD long...
I bought in at about $35 and of course the market became manic depressive lol. But, IMO this stock has strong upward potential and is getting some eyes on it. Currently riding the lower resistance, if it breaks down then you can forget about what i said above ;) Stochastic is about right for an upward reversal, rsi looks good however its trending down...
Quick analysis of FOREXCOM:AUDUSD 1HR chart. Here we see the pink line representing R1 (Resistance) and the Blue link representing S1 (Support). AUDUSD's structure was respecting S1 numerous times and will most likely continue to uptrend. Wait to enter when price retests S1 then reap the rewards!
Hello all - DuncanForex.com here with another trade idea As per my Gold short trade - I think USDJPY is ready to head a lot higher. (see related trade below) On the monthly chart it printed an amazing pin bar (back in Jan) It is now at the 61.8% retrace level (just under it by about -60 pips (on a weekly chart) I think this could head up to 115 level easily...
In next few days we expecting decline of pair at least with 300 pips. Analysis is based on 65% technical and 35% fundmental. In next hours probably will see bearish engulfing to 105.70 area.