Got another position here. I just don't believe this uptrend; something feels off, a weakness beneath the surface. My senses could be wrong, but then again, maybe not. VANTAGE:SP500
It's sitting in open space, beneath daily trendlines and the burgundy support zone, shying away from the previous blue channel and looking to drip to the next.
Expecting bear candle, breaking from pack
The charts are showing strong signals on this one, time will tell but how could this do anything else but go down?
It's tilted like an arc, so simple it goes unnoticed. The trend is slowly changing, and the downtrend will likely become more apparent, either with one large engulfing candle that breaks the pack or a series of small ones. There's always a chance it could turn bullish, but that's a small one. OANDA:EURCHF
It bounced off the weekly trendline, rejecting from it could be a sneaky key signal of price' true direction. Its staring down the burgundy monthly and should crash through. OANDA:EURJPY
The recent uptrend appears to be a clear fade in my opinion, lacking the strength to break past recent highs. While it might climb a bit more, a heavy sell-off is likely sooner rather than later.
What can I say, pulling a trick out my sleeve. Will this reverse? I thing the odds are yes SAXO:DKKHUF
SAXO:NZDZAR Seen this a few times before, the direction should be down
FOREXCOM:CHFNOK ending the week strong, should watch this tumble down sometime soon.
The symbol is just too strong on this one, going to have to add it to the beauty list.
Tight stop on this reversal, sensing great strength in cad. Dropping from here means more pips and less risk.
EURGBP is always tricky because they're basically the same thing, with the same strength. Starting this new batch with a pair that's strong on technicals.
With the USD showing weakness, gold looks more likely to rise. I believe it will burst through the pressure points it's currently staring down on the charts.
BITSTAMP:BTCUSD The whole market is red, how deep will this retracement be?
Tweezers pattern, Weekly vwap, weekly trendline, Daily trendline.
Roughly 8 beauty calls. 2 wrong 6 correct. OANDA:GBPCHF
Dropping from weekly and daily trendlines, Target green volume zone.