EURGBP Has been trading within a channel for the last 9 months. It is currently testing the upper channel line, the last 2 days candles both with long upper shadows show the bulls are not able to push prices higher at the moment. Fridays doji candle shows indecision, the bulls managed to push prices higher but the bears drove them back down again to close near the...
I hope everyone has had a great Monday.
Skyworks Solutions -1.91% is a semi-conductor company that is traded on the NASDAQ. While I wouldn't normally bet against the semi-conductor industry, this, I believe is a quick short for easy gain.
Trade war tensions have been high and will likely remain high until a deal is struck with China over what President Trump...
I hope everyone has had a solid week. I was doing some end of week checks and I think that this is a great trading idea based off the latest trade skirmishes between the United States and, well, everyone.
Boeing is a developer and manufacturer of airplane and airplane parts, and gets a a fair bit of business from China (10%, give or take, of its total revenue)....
Looking for a .618 Fibonacci retracement to the downside. Which will be a GBPNZD short We're going with the trend here and with the recent pullback, this short should happen soon. I've place a 60 pip take profit with a 40 pip stop loss.
LTC has completely played a bull pattern about which he wrote earlier, now he draws a bearish pattern (acting in turquoise), by the way, I once again notice that the situation is similar to that of bitcoin 1: 1, I'll attach the bitcoin schedule below, and since the bitcoin situation is similar and it is likely that this pattern will confirm that it can be said...
Well, Well, Well.
I anticipated wheat to reach lows of at least 4.200 if I'm being totally honest, however I had to leave this trade alone. Wasn't as lucrative as I thought it would be prices reversed to the upside!
You win some, you lose some guys!
Such is life!
We've seen the break out from the falling wedge and we are currently on 8.9k after the recent rally to 9040 and now I'm starting to see an ascending wedge telling me that we are probably going to see a correction before another wave up. I expect BTC to hit somewhere around 9250 (0.23 retracement from bearish structure) before that correction comes, maybe after a...
The price've tested the H4 and daily resistance and the higher band of the trend channel that has rejected and braked out the triangle pattern, showing a good and clear short signal targeting the daily & weekly support and perhaps goes as lower as H4 support.
remember to trade safe, use proper lot size and risk management, don't be a pig on the market!
EURJPY pair has failed to break through the major resistance at around 134.50 and what it seems to be turned back down.
At about 133.22 we are expecting correction up to 0.5 fibo and another drop down to 131.70 area as a target.
Alternatively, if 133.22 support holds, EURJPY will be retesting resistance 134.50
#SmartInvestmentTeam
EUR/NZD pair failed to break previously tested resistance at 1.7112
Falling down broke through resistance at 1.7137
My personal target around 1.6969
Watch out for coming fundamentals for EUR
#SmartInvestmentTeam
I drew this channel in COPPER back a long time ago where the first arrow is and just looking at the charts now I see the channel is STILL in play after all this time! Now looks like an interesting short play. Good Luck! And may the big pips stay with you! Happy Pipping!
