NYSE:I Expecting uptrend to continue to challenge previous neck resistance of 4.46. If it breaks resistance, look for positive uptrend to continue.
Hi here! As we can see, FX:EURUSD have been on an uptrend since 29 june 2017. The higher heights and higher lows are clearly visible and represented with my green lines. On the daily timeframe, the general trend is upward (the red line). As per the basics, we should be only looking for long opportunities. For the moment, I can't find any suitable long...
NUGT seems forming a falling wedge & at this moment reversing from the bottom of the Wedge formation. Ideal scenario would waiting for a break out of the wedge however we would consider a speculative long here at this area. Possible options play and am looking at $30 September Calls on NUGT 3.55 , $40 December calls $3.60 * Trade Criteria * Date First Found-...
This pair is close to a breakout as can be seen by the uptrend wedge that I have drawn on the chart. Currently showing consolidation at the lower parallel trend line, and is failing to break the 50 EMA line despite the last few attempts. My analysis shows that this is a good setup for a long position.
Wait for a decision at the last support. If price breaks support, an impulsive downmove seems possible. If support is accepted, further upmoves are possible. This is a analysis from our OGT Forex Morning Briefing on Youtube (in german).
Entered at peak with a TP of 1.05613 - looking to opt out of trade after retracement is over