1/9/2020 i posted a short call at 1.3471 , still running in profit , for those that have not entered and wonder if the trade is still valid, my pattern analysis of continuation pattern shows more bearishness to continue. FX:GBPUSD
FX:GBPUSD Have a good stop loss of min 50pips . Supply zone, from price of 1.35, bull will start to get weaker as there are no sense of how much higher can the pair go. Back last year during boris johnson majority win, the pair was overbought into the 1.35 territory and quickly retreated. RSI on oversold levels. Expect to see new bears entering from this...
This stock has been manipulated by big fund management constantly beating the stock down and up. We have seen last year how analyst degraded the stock just so the big boys can upload their funds , and later rocketed . set stop loss of $2, enough buffer for speculations. Hold it tight and ignore all noises. How far lower can a conglomerate go?
Alphabet owns google and youtube which these tech giants are low risk and incomparable in the field. Some other dollar cost averaging stocks include NYSE: NKE & NASDAQ: AAPL Run through Porter's 5 forces analysis on each of these companies to find out why these businesses in long run are stable Growth stocks.
Accurate entries points. Do Not predict ! Be a trader not a fortune teller.
BNTX BTNX share is overvalued, things to note as labelled as high growth share and in the industry of breakthrough medical technology, contains high returns if succeed, but overall based on current analysis, I would recommend to ‘hold’ rating, as risk of failure is too high. Optimism may spark share price ahead to grow to a cap of $105, but not a good price to...
Gold continues the recovery amid the USD weakness. Technical Doji + BB = temporary long if 4H candle close above 1955. Short next week, Russia virus vaccine news could dampen safe-haven metal status
AUD Dropped to 0.7142. Australia added 114k jobs in July but the unemployment rate rose to 7.5%, the highest level since 1998. The dollar index dropped, closing below the 5 days EMA. The yield on 10-year treasuries rose to 0.72%, the highest level in eight weeks.
WTI crude edged lower. The international energy agency cut the oil demand forecast for the second half of 2020. Technicals: Bullish triangle ST, Midterm bullish momentum still intact. Wait and enter long on those dipped.
FX:GBPUSD An overview of the current trading situation. On negative correlation perspective : DXY week chart 7 weeks bearish movement, Doji spotted on the previous candle, slowing down recent bearish movement indicates signs of a possible reversal. Day chart= Flat 4H = Thin range ( 92.52-93.93) 1H = Bollinger top band = breaking off from downtrend when price...
FX:USDMXN Daily price action , enter if prices open above the last candle day high or move up to that target.
Yen safe haven status are a good bet at this moment. Great bearish candle formed at the top, wait for stoch to cross below 80 to be safe
OANDA:EURUSD Want to be safe, wait for price to make lower lows to confirm uptrend has ended. For this period on EU stimulus package was part of the reason for euro strength, we do not see consolidation phase at this moment, higher possibility of a huge pullback.
FX:GBPUSD Overextended rally, shown slight pullback. If 4H candle close below orange line, shorting opportunity. Or wait for a possible double top . Fundamentally, Trade talks are not over, expect more uncertainty to arise. Do not adjust SL to entry so soon for this trade. If SL is trigger , we will find other opportunity to short it again and recoup back.