NYSE:CLF is a good industrial company with a long history and covers a full cycle of production. Looks like it shows attempts to bounce of the historical bottom. Would not like to analyze on the short time frames, cause I convinced, it will show awesome results, but only on the long period of time. This company is relevant for investors, who are ready to buy...
notice!! this is just a testing of a random idea so I can back track it in future, daily open interest of usd nzd is so high, lets see if it effects the market somehow... . . .. . .. . . .. . . . hope you all have great time trading :) remember to like and comment your thought about this idea … do not take this as a signal just use it to improve your sight about...
This was a "quick" video to go over some of the divergences I am seeing on the BTC 4 hour chart. I also discuss an interesting idea in regards to the RSI input source and how it can effect the ability to spot divergences. Basically, standard RSI input source is the close of a candle, so its potentially using the body rather than the wick for its data. So I...
The Swiss Franc is expected to put more pressure on the USD with its monetary policy experiment finally being over. Disclaimer: I am not your financial advisor. Caution: GDP ahead
It could be argued that stochastic bottom double is a bearish signal I see it as a bullish divergence because 1. price is hitting lower Bband which has previously signaled a short term reversal, 2. price/volume trend is in a falling wedge, which is a bullish reversal pattern that suggests we are entering a zone with higher long-btc buyer volume and people...
If breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and...
Been experimenting with patterns and i want to see how this CYPHER plays out on the FX_IDC:USDZAR pair.
So this is an experimental technique, Listing 3 most likely scenarios, act on price but be a trend follower. Really curious whether this type op semi self-developed TA works or not. Any feedback would also be appriciated. I might publish a trading plan for this chart soon.
This idea is based on a combination of Elliot wave theory, Median line analysis and Fibonacci ratio's. The rationale behind this setup is shown on the chart along specific targets and stop losses. If you are about to copy this setup, please do so at your own risk. Good Luck