Personally in my trading experience. If price gaps down on the open then price will continue to fall further, but if price gaps upward then price will also move upwards.
I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours. Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
I zoomed in on to the 15 min chart and I can for sure see what I think is a possible selling opportunity. It might now trend down for long but you can for sure catch a few pips off this move. I would enter now and set a stop a few pips above the resistance. In that case if the trend is directly up from here you won't risk very much capital.
I can see some support building around this area. I figure price will extend up to the 2nd Take Profit level. Please Comment Your Thoughts
I really think GBPUSD is set to go long! Regardless of the whole Brexit deal going on. I really see a lot room for bullish activity on this pair. I can see some support being built up and some bearish trend lines have been broken. Overall this pair still has the potential for going down a little further. Money management will be a key factor here. Because you...
I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009. GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach...
This one prediction may or may not take long to form at all. I decided to take this pair on a weekly outook to be sure of no noise on the smaller time frames. With everything going on with this Brexit deal I'm sure there will be some volatility in this pair. I would play it safe but setting a small trade on this pair. Once the pair breaks through the 1st...
Currently ABEONA THERAPEUTICS INC is over sold! I have place a good buy zone to enter in on this stock. I would love to catch this stock under $5 maybe around the $4.50 range. I would suggest buying a few shares now at the current price. If price goes down into the buy zone I would definitely go about buying more. (Please Comment Your Thoughts Below)
I drew this up on a weekly chart. So take it upon your self to find a good entry point to ride this wave. I would suggest you use a small lot size just to be safe in case of a down draw. OANDA:EURUSD