Meta is a bargain. It is also finally firing a good amount of his workers which will increase profits. And they are still getting billions on profits and billions users on IG and FB.
Getting into a short position. Pretty clear bearish channel forming with a clear strong downwards tendency due to the retracement and inflation of the American and Worlwide economy.
Technical analysis of AUD USD, i will be adjusting it when it moves. I see a strong bullish intention and if i see a good confirmation i will take the trade.
Hedge funds and people are betting very hard for gold since Covid is hitting hard still in the american and global society, US PIB dropped over 9%, Spain 18% and most of countries are in a similar situation. Also Gold is in a technical really important zone, which it's very likely to be a zone where hedge funds will continue betting for it, wait for a breakout to...
Price got rejected by the 200 mm line and Coronavirus is getting way worse for Occidental economies, good indicator of probable change of tendency on 2 H chart, if we still see rejection and price rejects and retests the drawn zone, its gonna be confirmation to short it for a week trade if things go well.
Since USD CHF broke support i'll leave the trade running till next support i'll be looking at it to see if we have another rejection zone. Eating good this week.
First TP on zone support where we also can see right shoulder of the inverted head and shoulders, after this streigth up upwards move price has to rest, and move downward its gonna be pretty quick and it may even break the rigth shoulder zone and continue all the way down, but thats the first objective, then we'll see.
Clear rejection zone in EUR CHF, Not only is it on the trendline support, but it is also in the flor support zone, so it is very possible to have a price rejection in that clear demand zone, apart from the fact that the euro is now gaining strength in a clear area of very good statistical advantage, wait the confirmation tho since the eur is still weak but it is...
Im already short after that Head and Shoulder formed in 15 min. But im long term in this, since it did a triple roof move and broke short term tendency so price finna go down a lot more, first objective its gonna be the support of the trend but if it breaks it easily then im gonna leave it going till it can drop.
After Coronavirus chills out, oil is gonna fly for sure almost a no risk trade, and were gonna have less oil than ever, and demand still very important so i believe price gonna rise very high, breaking monthly resistence im already in, if it drops till 18, or 15 i'll buy again this is a great long term opportunity, don't miss it.
We are at the 5th elliot line of a very long trip and price is at the bottom of the channel so if price see rejection there it could finally rise up higher and break channel resistence since 5th elliot line its usually longer than 4th. Wait for confirmation tho price could play around a lot before make any seriouse move.
Shoulder head shoulder, and price colliding with resistance line of long-term weekly trend. Also a very high RSI rising vertically for a long time, price has to do a big retracement. Also we have posible negative news of USD so if we have confirmation of price and news will be a good opportunity to short it after such a straight upwards move the correction will be...
Shopping area in EUR CAD, has a strong support, in the past everytime it hit this zone price rised up again. We'll be looking to buy it till the shoulder head shoulder posible resistance, that will be our first objective.
Its looking bullish, after that candle with a long shadow that also happened every time price changed of tendency in the past, and price collided with long term weekly tendency line. Wait for confirmation tho, and pay lot of attention to oil news. If we have very bad news it could keep dropping, but i dont think so.
Nice potential downward move in EUR/NZD, shoulder head shoulder, and big quick move with retracement, that may very possibly come back down.
Price could either respect first support or go toward tendency support line and then make a pretty big reversal of price.
The EUR / USD has just closed the cycle, making a large inverted grape and a small one next to it, all bouncing in the hard zone where demand dominates every time the price reaches those quotes. High probability that a sequence of the upward price, of activation of purchases, which could make the euro scale much, has a long way to start. In H1 the macd supports...
⬆️ CADCHF professional shopping area in H4 The price comes from completing a channel with a broken trap in the fourth touch of support, an advantage zone in our favor, and there the pair confirms the activation of the purchases, marked by the arrows in the graph that specify the double zone of statistical advantage horizontal and bearish guideline. When a...