The monthly and weekly trend for GJ is bullish First target is to fill the daily wick. Stop loss at the bottom of the previous 4HR wick.
Technically and fundamentally this setup should work out due to the JPY being the most undervalued safe-haven currency. With a recession looming and trade talks going no-where. JPY strength could be one of the best trades this year. With bearish momentum, I see that the EUR/JPY is currently ranging and gearing up for a breakout of this range. For the best...
Following analysis on Goldman Sachs, they believe that due to the contraction in the global economy due to the effects of trade wars between US and China. There is a synopsis staing that the Bank of Canada will soon become dovish even though the economy is in good shape. the reason for this is because all global economies are taking a dovish approach to monetary...
EURGBP currently ranging looking for a sell stop below support. It's beginning to range down after a huge run last week. Good news from Brexit will also be looking to give strength to GBP once parliament recommences this week.
Upcoming events – The Jackson Hole meeting to spark future volatility, currently being very cautious on the short-term trades, so looking for more longer-term positions to take up. The current strategy is to wait for bullish or bearish confirmation before entering any trades due to heightened event risk. EUR/USD major resistance @ 1.10763 Short EUR/USD – support...
EUR/JPY Short Trade 2-1 Risk/Reward Ratio Stop Loss = 118.045 Take Profit - 117.710 Continued weakness in the Euro allows us to take this short term trade shown on the 15-minute chart. Break of support on the price chart as well as a break in the RSI shows continuous downside potential.
Upcoming events – The Jackson Hole meeting to spark future volatility, currently being very cautious on the short-term trades, so looking for more longer-term positions to take up. The current strategy is to wait for bullish or bearish confirmation before entering any trades due to heightened event risk. After the rebound from the Fib Level at 105.288, the US...
Upcoming events – The Jackson Hole meeting to spark future volatility, currently being very cautious on the short-term trades, so looking for more longer-term positions to take up. The current strategy is to wait for bullish/bearish confirmation before entering any trades due to heightened event risk. AUD/USD weakness has been caused by the ongoing trade war...
Looking like Wabi has found its bottom. Will be looking to enter on the retest of support/resistance once it breaks the white line.
Check out the drop in volume, this thing is due for a run. Definitely found the bottom and looking for that spike in volume to take it to the next level.
TRX looking good here, buy before the breakout or wait. Either way this thing is going to go. Goodluck!
Enter at 0.0007. Double support of the Fib retracement level and Ichimoku cloud. This is a huge project and has Mainnet release on the 28th of January, if all goes well it's expected to hit $20-$25USD by then and then $50 by the end of 2018. This is due to it being classed as the South Korean Ethereum and is expected to boom once it starts to hit those exchanges...
Last time Bitcoin had this kind of correction was in Mid September, this is where it touched the bottom of the Ichimoku cloud and went for the next leg up. $12,000USD is the ideal opportunity to fill your bags of bitcoin as it is a repeat of the previous correction and it is also backed up with the support of Fib Retracement, the double support makes it extra...
Be prepared for another breakout run from KMD, at the end of this bull flag we will see another swing up. KMD very promising project with massive potential for the future.
BRD is so cheap and hasn't caught much attention as of lately. It's time is coming and now is the time to get in. Goodluck and happy trading.
Current resistance levels have formed a descending wedge which is a bullish market pattern if NEO/BTC were to break current resistance levels. If we see a breakout then I would be buying up until 0.010 NEO/BTC.
Litecoin is currently consolidating at its current levels be prepared for a bullish move upwards to 400-420. Also, signs of a penant flag which indicates another wave will be coming. Current support is also strong and holding up very well. Get in now before it goes for another run. Analysis: LTC Bullish, aim for 400-420