The slide down continues for NFLX. I'm currently buying and selling threw-out the day but over all this is going down and hard. I suggest making your move away from this or long term shorting it.
Hey guys! After EURGBP broke through last week or so with an absolutely beautiful Complex Head and Shoulder's Pattern, I spotted that the profit target for the H&S Pattern would actually pierce through the 0.74850 Major Resistance Level! (Pink line). Weekly also show a sharp downtrend, with the H&S Pattern head directly touching the 61.8 Fib level What...
POTENTIAL BEARISH BAT PATTERN ON CADCHF Over all trend is a downtrend. I have a potential bat pattern on its way but there's a key level in the way.. Lets see how price reacts around the 76.0 Area..
Now that the head and shoulder pattern is confirmed and the 1.08 has been broken a bullish butterfly could be the next move on this pair. Still some important decelerating data need to be released from the eurozone !!!
With NZDUSD finally breaking below the demand zone at around .66400-.66200 the market has confirmed that it intends to move lower. Since breaking below this demand zone, price action has found a bit of support at around.65750 and ran up to retest the demand zone. This tells us that the previous support has now turned resistance. I would like to see the market...
Background: Price found enough demand to halt its current downmove @1.46300 where the current minor rally broke the (red) supplyline indicating that demand outweight supply at this moment , the rally stopped near the current high @1.5552 which can bee seen as current resistance which needs to be overcome in order to speak for returning strenght to the market ,...