I am watching this area if the price continues down as I believe the price may reverse again and give great opportunities to go long. Patience at the moment.
We have seen price reverse last week from the highs of 1.6295 zone, Price is at a major zone at the moment (1.61011) but a bearish market should continue till 1.59687 zone as buyers could start opening their long positions. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether...
After we almost completed the reverse waterfall pattern on the 1 hour chart, I expect this ongoing wave in gold to get us to approximately 1420 till the end of December this year. That could possibly open the way for moon power to be activated in 2018 and 2019, which could shoot gold to the moon and possibly above. Trading involves substantial risk, don't sell...
Hi, traders. The wide balance with the range 6514-7384 goes up and the price hold above. Is very good for buyers. Now the price is consolidating inside the new mini-balance 7369-7658. Until we see a true breakout/breakdown of this balance, we should trade inside this balance from the borders, especially after false breaks. For now I see 3 options how is would be...
Are Gold Ready to Reverse??? RSI is super overbought Importante resistance 1500.00 Psychological Number 50% Fibonacci Confluence of Fib inversions 161.8% and 141.40%
It's just a simple analysis, no one can predict the market! Always Trade your plan.
On a technical perspective, price is clearly indicating that GBP could potentially reverse versus the Australian currency, price is respecting the weekly region of 1.7700 with previous daily closing above it, today's daily close could add further confirmation if the candle closes as a spinning top/Doji. technicals are pointing out to price possibly extending to...
Alphabet has historically always traded in-line with the other FAANG stocks. The MA has been growing without any stops given the high growth in the company. The company is currently under-valued and will reverse to the mean. 10-20% up-side potential
Great opportunity to long BTC in the short term.
Price has clearly overextended into the region of the yearly low of 135.67 which we previously tested but managed to hold, seen as this is an institutional demand zone we've had daily rejection around this region suggesting that buyers have taken profits and sellers may be looking to reverse the market, however price could consolidate around this region for a bit...
Possible reverse HSH. I will wait for a breakout and confirmation of the model.
Altcoins are going to experience a huge jump if BTC keep the momentum that gained during the last couple of weeks. CMT is definitely experience one of the worst days ever (Bottom).
Dogecoin best Jump n Run, much fun #doggonacci
Predicted Direction: Short