Hello ladies and gentlemen.
This chart shows the most popular currency pair in the forex market - this is the Euro and the American Dollar.
Is the price in a cup and handle pattern, this means that by diving down,
Price will inevitably go up to its target.
Good luck to you. Do not get coronavirus.
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According to the yearly progress of bitcoin, trend line analysis suggests price could have already reached 2020's highs. Trend lines also indicate that price is near the bottom, but there appears to be room for a slightly lower low, at around 3500-3550.
Now that we have dropped very hard it lead me to question my original analysis of it dropping further.
I think this drop may actually be a very large bear trap.
Thinking back to Bitcoin cycle everyone thought the top was 7k when It tested 5k but that was really a huge bear trap.
I am also seeing the same fractal Ethereum made before it went higher.
it's...
Since 2008 we have had no real recession. 21 December 2019 we just hit the top resistance of ascending wedge on the monthly chart.
Coincidence? I think not.
Add the repo crisis like we had in september, trade war risk, and election uncertainty, brexit uncertainty, housing market bubble and dept buildup and we have are at more then enough to make this technical...
Hi subscribers!
The price of gold continues its attempt to break through the resistance level,
it is likely that this time it will be able to cross it and reach its target at around 1,700,000.
Good luck to you!
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This idea does not provide the financial advice.
If the current channel breaks, then I'm looking for the head&shoulders pattern to play out.
I have a short term support area which we could bounce of short term, But then I'm looking for a buy in the Golden Buy Zone :)
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On this Monday, as the hope of an XRP moonshot dissipates, traders fall blind to our next move. Don't let the emotion of a "moonshot" change your approach to trading.
Dotcomjack
Good morning traders, today we will cover EGO, a massive gold mining company. EGO let out some big news during a massive week throughout earnings pumping a massive 50%. Not only did EGO release some fantastic news but it just so happened to be after a major breakout which hasn't been tested since 2010. Another impact that should be accounted for is the...
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This idea is very good for a deal, as it is very diverse and everyone can choose a position.
1.Long with current ~ 9730, stop loss ~ 9530 when the support line is broken, ~ 10440 take under the first resistance.
2. Long upon breaking through...
Optimism crept back into the market earlier this week, with market participants speculating that cases of 2019-nCoV may peak by the end of February.
However, a revision of the counting methods used to identify infections led to a 15,000 case jump in the Hubei province; with the WHO stating many of these cases date back up to three weeks.
This has seen doubt...
Not a pair I trade very often but love the current set-ups on a few NOK pairs. Took this short off the bounce of the double top, could see a big downside, but as posted on the DXY will be watching how USD pairs play out so SL is now at breakeven, happy to take that rather than a loss.
If we do see a big pullback then I will simply look for a better entry.
No, “Ichimoku Kinko Hyo” ain’t Japanese for “May the pips be with you.” but it can help you grab those pips nonetheless.
Traders use Ichimoku Kinko Hyo to generate a variety of signals for market behavior, based on the interaction of the chart’s lines with the Kumo. Because of the comprehensiveness of the chart, traders consider it to be a very powerful tool for...
![BTCUSD: LIVIDITIUM [BTC] {PREMIUM}](https://s3.tradingview.com/p/Pyvjz3Sj_mid.png "LIVIDITIUM [BTC] {PREMIUM}")
