Hello, dear subscribers! Today we want to briefly analyze the further possible BTC price movement. At 16th November the price broke up the falling wedge 1, after that huge price growth was. Last two days the price formed the falling wedge trading pattern again. It was broken up again today. It is a bullish pattern, and there is a high probability of growth...
DowJones is strongly bullish and is now focusing on the area where the absolute maximum recorded in 2018 is found. With the break of resistance it is rising to around 26600 points. The price should not face obstacles, is now reaching again 26900 points. It will going to try to record new historical highs. In fact, fundamentally, the FED's stalled monetary policy...
FOREXCOM:GBPCHF Has reached a new Maximum for this year, after breaking the resistances from June and July 2016. We can see over-buy signs from RSI on different timeframes, especially H1, confirming a potential pullback. Protected by June-2016 resistance zone, our suggested Stop-Loss would be 1.33, and targets of up to 3x Risk-reward ratio.
The long blue wave was formed at m30/H1 time frame and once successful, it will become the natural part of the major yellow structure. As the bulls have been keeping pushing this pair up without significant resistance since 11 May 2017, the minor pattern has good chances to succeed even though currently it is not being supported by RSI divergence/volume/data. I...
The DAX has been channeling in a 400 pip wide band for the past 2 months. To make matters interesting, the highest high ever of the DAX has already been approached, already bouncing back just 15 pips away from it! So the question arises: will the DAX break through the channel or not? If the DAX REMAINS in the channel (as I am hoping), then the following...