BeFinanceMate

BeFinanceMate

We find out that these guidelines will be useful for every trader

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Potential Buy opportunity on DXY. After prolonged downtrend has turned to uptrend breaking the daily trendline. Price has tested it, forming falling wage pattern, as it is accepted as continuation pattern. There are some other point to accept further decline. However, we need to watch the price to pass through and close above 89.70. Then we may go long with the...

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Here we can see that the price found a resistance zone and now turning down to test the channel and of course broken resistance levels. You may open short position here and take profit when price declines to the previous high. However, we do not need to enter against the trend. Waiting for the pullback would be nice way to go long with more highs. There is also...

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Downtrend made a panned pattern making an opportunity to participate further. Entry Point for short position is after sure closing below 63.10

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Watch for sure breakout of falling wage to go long

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Buy opportunity

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buying after closing above tl

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Just a simple trade

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Price is moving very correctly on Elliot impulse and correction waves. Back testing BITTREX we found that an Elliot waves are working exactly on its ways, now coming today we have passed 5 waves, and it is on 0.776 fibonacci level, also touching trendline. Time to go long on correction legs. Possible entry point would be closing above 0.0000280.

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Buy after bullish candlestick confirming upward movement

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Buy if breaks 47.00 level

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Price is working on the pattern called Falling Wage. We had a nice opportunity when price first touched 61.8 golden ratio of Fibonnaci. Now, we can possibly meet another decline when price touches and reverses back, confirming down moves. However, today we had a big news about an interest rate of Australia. Reserve Bank of Australia announced this rate as...

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The statement "Keep it simple" plays an important role in the market. Cause you do not need to think deeply about the next move. The only thing is to set a simple true and acceptable system for every market. Backtest it with every single market, whether it is Stock market or Curreny market. The selected system may not work in every market. So keep learning, keep...

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Three trends in action. Watch for sell

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Selling after nice drop

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After continuously decline, price reversed back from the 0.886 fibonacci level and started new upward cycle with an Elliot waves. According to the theory of Elliot wave, the second (2nd) cycle should revers from 50.0 or 61.8 level. Here we can see that price reversed exactly from 50.0- 61.8 levels, with high volume moving in the upward channel. The firs entry was...

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Watch for breakout

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Do not miss this chance // Price is at important level