The dollar had a nice rally and is about to collapse .. the rally was markup and we are gonna see a retest towards 106 must break down the 106 level then it's bullish .. building short positions starting from the September candle, especially above 109.900 and going full short if it touches 119.600 .. its a large zone so give it space and dont rush, its worth it ,,...
1) NZDCAD is trading at a psychological level (0.8000) 2) we have the descending trendline that was respected for years of course we are talking only about some lines on a chart, but I will give it a shot here we already had the false breakout from the 0.8 price. We will have one for the descending trendline also?
This is what we get when time and prices match up. Greed is fine sometimes when you know when to get out, but greed sometimes makes you blind too. DXY will make a correction but not going too dumb so hard as SPX.
With all the added pressure on the currency market due to corona virus, Bitcoin is set to sail. I predict that most economies are going to tank a lot further yet also. It is not wise to buy yet, wait for all the "dumb money" to buy, get wiped out by market makers, then buy. See how easy it is to see stop losses, do you not think that big institutions can't see...
FRIENDS I'm gonna catch a lot of junk for this but I'm going to float an idea for you. Time to abandon ship. I love crypto. You can see my charts going back years, but it's time to get out. There are two main reasons. 1. There are a lot of think tanks articulating a working international gold standard. It's coming. It has to. We can't survive on this...
Time for celebration for me! After 2 dead months in the Forex market (I could have made progress but I did not know it well enough), the USD finally broke out of consolidation (no fakeout please), and activity is finally going to be back. I have no reason to trade crypto now. I only traded crypto this summer because I had a hard time finding setups. Now, let me...
Call me crazy. And delusional. But hell, it's fun to see. We're looking at the weekly chart in *log* form for Bitcoin. Noticed a sling shot effect. That's what they call it, right? Eh, can't remember, anyway. . . The peak trending lines for BTC deliver this sling shot. Even though we're in a bear market, do notice for long term, we're still going up. But if...