The fall is not over yet. We will be seeing recent new lows retest the prior highs of March 27th, 2017 which would complete a full 3 year cycle. I don't know what lies in store after hitting this area ($0.08) as this could be a very quick spike to the region, or fundamentals could worsen with the current pandemic and financial collapse and drive all of crypto even...
Multiple confluences to pull the trigger on this short
Clear channel. Bounce off of support, breakthrough to new highs
GU has hit a nice pullback fib of 38.2 which means if this sustains, downward momentum is still very strong. Now we may come back to the lows around 1.3 which will give us a nice 50 pip profit. from here we can either continue down for another 50 pips to 1.2950 or we could see GU stay range bound until a clear break which in my opinion is to the downside at the moment
we may see one more spike to the downside but i believe this is a great setup, especially with current Iran uncertainty in the air
Further downside with a break of the counter-trendline followed by a continuation of the longer term trend
GBPUSD looks to be preparing for a further fall to the downside. Looking for a 50-60 pip TP
After just hitting our TP on our short trade, we had a nice quick spike through the 78.6 fib which tells me this is a short term bottom. taking longs here gives us almost a 4:1 trade
GBPUSD has had a strong move to the upside as a deep pull back from strong bearish momentum Post GBP election. Pull back has hit 61.8% fib precisely and is starting to stall. Prediction is a continuation to the downside from current P.A, after having a strong move into this area with good momentum.
Trading zone to zone, expecting price to come back down to previous Asia Low. Further downside expected medium term, but for the time being, nice 30 pip short ahead of us, as well as a perfect 15M rejection from the top of our zone
A nice clear intraday short, looking for 100-150 pip gain. Price has moved to our strong area of value where we recently had a false breakout. It is advised to average in your posistions to get the best entry possible. id suggest 1 here at 1477, another at 1479, and lastly at 1481, with stops at 1488.
GBPAUD has hit a major key level. The results of the election in the U.K are in just over 5 hours. With a major push to the downside and recent rumours of the labour party picking up steam, it seems as though it is used as clear manipulation so as to create MASSIVE volatility in the markets. With that said, i Believe with such a push down of over 300 pips, if we...
Gold has reached a resistance area and within the next 24 hours, there is lots of heavy USD news that can see GOLD making a big move to either or up or downside. Im Favouring a downside as it seems very bearish on the weekly and monthly, especially after the recent drive to the downside that we had not too long ago. we still have more ground to cover in regards to...
Current bullish bias for ripple as we have hid a major low and is a historic support level, pre-bull run. Current P.A is stalling out and we could see a big volatility spike to the upside with XRP. Buying some more holdings today
Price is bouncing off the backend of the trendline as a retest. Looks to be good short opportunity with high R:R