The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. This is #55 of BTCUSD daily technical analysis, provided by Mudrex. ---------------------------------------------------------------------------------------- Market in last...
After a previously very successful USD CAD Short, it appears the same situation has arisen again, we look for two opportunities of profit at 1.34197 and 1.33841
If patterns are any indication, than S&P 500 should see an imminent sell off. Back in October of 2018, when market tested lower line of the channel and was rejected, we saw a sell off. Now we have a very similar pattern where the bottom line of the channel has been rejected. Any break below 2800 could be the catalyst. My assumption would be that this sell off...
Conclusion for today’s S&P 500 forecast: Price closing below the 1 hour bullish trendline that is confirmed by momentum provides a sell signal. SP:SPX trend analysis for today is examined today on an intraday timeframe (1 hour) with coverage of price action over the past 4 months. Two (2) major formations on the 1 hour timeframe to pay attention are the 1...
We are going to look at Mainframe for a middle - long term: MFT/BTC hit the bottom line and a reversal trend a reversal trend is about to happen We are now in the accumulation zone The big volume gave as another strong signal for a trend reversal The risk reward ratio is awesome: Trade: MFT/BTC Buy: 88-93 Targets: 1. 140 2. 160 3. 184 Stop loss:...
Bullish engulfing pattern...... Buy 338.6 First Target 350 Second Target 359 SL 320
4hr support has been broken giving way to further downward movement. Ideal entry would be around 1.14800 - 1.15000 support & resistance/psychological level, retesting the 4hr trend line . Targeting for the 1.14500 50% fibonacci retracement level, with potential swing being the 1.14000 psychological level.
I have a straight question to you, and would love to hear your answer in comment section. What is technical analysis? Can you define it? Most people think that I am technical trader, but I am not. I have nothing to do with technicals as I don't use them, so what is the definition? I will write what I think about it, and it is only my subjective opinion. You can...
Many excess during last few months between 205 and 210.40 + top of 2015 at 113.61