USDJPY - Week 4Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Finance
GBPJPY - Week 4 Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
GBPNZD - Week 4Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
EURGBP - Week 4Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
EURNZD - Week 4Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
LTCUSD – Litecoin – Week 4 – In the MiddleLTCUSD like BTCUSD is in a weekly bullish trend that now has lost a little momentum and it seems it’s making a correction before resuming the trend again.
We are expecting more sideways moves before breaking the top and reaching eventually the all time high in December 2017.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XRPUSD (Ripple) – Week 4 – Correction for more downThe fundamental weekly sentiment for Ripple is bearish, taking into account the SEC’s lawsuit against the company in December 2020 and the expected first trial that will take place in February 2021.
Technically , XRP is making a big consolidation that is expected to break lower at some point and retest the March 2020’s low. When that price is reached we are seeing a great investment opportunity.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITCOIN (BTCUSD) –Week 4– More sideways or resuming the uptrendBitcoin is in a big weekly bullish trend and we were expecting for a deeper pullback to fuel the next leg up.
Fundamentally the new Secretary of Treasury of the USA Janet Yellen and the President of the ECB Christine Lagarde are showing signs that they would want to regulate the space of cryptocurrencies driving their volatility up in the next period.
Technically, Bitcoin could stay longer in the range highlighted on the chart but the higher probability is to resume the uptrend by breaking the top and reaching new highs.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
SP500 Special - It won't go up foreverToday we will release a special analysis on the long term state of the stock market in the United States following the recent events (inauguration of President Joe Biden).
As you can see from the chart we are in a big uptrend that started in 1872 (yes, we have data from that time in Tradingview) with some corrections, the most notable being the 1929 Depression and the price structure that was formed from the 2000 Tech Bubble burst (started April 2000) and the 2008-09 Recession (ended March 2009). If you follow the price structure along the way up you can see smaller correction that have always pushed the price higher after their completion (April 2011- October 2011, April 2015 - March 2016, Jan 2018-Jan 2019). The recent COVID 19 pandemic created a sharp drop in Feb 2020-March 2020 followed by the powerful continuation of the uptrend backed fundamentally by the FED printing trillions of dollars to support the economy.
It is obvious to anyone who has studied market cycles and knows how the markets work that an uptrend or a downtrend won't go on forever. Even if it is for the American economy to continue to push higher at some point it will need a correction that will be bigger that the smaller ones mentioned in the above paragraph. The dangerous scenario here is a reversal from uptrend to downtrend that will possibly mean a stagnation period of several decades for the American economy even longer if we take into account the notion that correction are time wise bigger than impulses.
When will this happen? No one knows, it may well be that markets push higher for the next 5, 10 or 20 years before some bigger correction will start but as winter follows summer it is bound to happen.
We are surely living in interesting times!
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Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Where are you at?Hey guys! Let's have a look on GU of 4H timeframe. Now we are sitting on the main level of resistance (4H and Daily as well). Gonna wait for new impulse to the upside according to our trend. But on a Daily timeframe we can notice ascending nature (channel) and we know this is reversal pattern. So the new impulse to the upside should appear and then wait for a retrace candle on 4H timeframe to get a short position. There are a lot of space on Daily timeframe to get to our main level of support 1.3400. Let's go!
WIRECARD AG 2020 was a hard time for everyone because of Corona , but one of the biggest shock of stock market was Wirecard scandal.
I believe even after all this chaos around Wirecard, it would rise again in future. Of course the time could not be predicted.
Wirecard was a BlueChip stock, they have billions of Euro worth business running still now.
The share fell down because of scandal and closing operations in different countries, but in longer term if there comes the long waited news of selling Wirecard to a new company could push the price upwards. As, it could bring relief and trust among investors once again.
*** Do your own research. This is only my own analysis, not an investment advice.
DXY H4 - SetupDXY H4
We have dipped just below the marked S/R zone for the neckline/support retest, however 90.200 is the previous higher low support, so as long as this holds, I feel we should be okay to recover (USD strength).
This would then tie in nicely with what we have marked on GBPUSD shorts.
EURJPY: Breakout Trading Plan
EURJPY is trading within a major expanding wedge pattern on daily t.f.
Its support line was reached yesterday.
On 4H the price is steadily falling within a falling parallel channel.
To buy with confirmation, I recommend you waiting for a bullish violation of the resistance line of that channel first.
Only then long position can be initiated with initial goal - 126.83
In case of bearish breakout of daily wedge's support,
setup will be invalid and bias will change to bearish!
Please, support this idea with like and comment!
EURGBP H1 - Long Trade SetupEURGBP H1 - Start of a potential reversal, double bottom on our big D1 support raised my eyebrows. Looking to break above 0.89400 and then retest 0.89100.
This would be a perfect start to a 2 stage reversal, but this is required before any further consideration. D1 support zone, failed lower low, break above key level and previous high, retest support. Bullish positioning....
MIR looking goodformed a cup & handle. looking for a strong trend upwards.
check if you can claim some mir tokens: eth.mirror.finance