Although I am waiting for a few confirmations before getting into this SELL, my bias is that Price will drop to around $7,900 on a short term basis.
So many speculations and forecasts around which direction price will go but for the early part of this week, I expect a drop towards $6,700 at least.
If the resistance at 1.92205 doesn't get broken, I'll be looking at the 1.90650 - 1.9043 region as a possible short term target.
If the 0.854 - 0.855 range gets broken, we confirm our BULL ride as shown in the snapshot below;
My Position On USOIL detailed on the Chart. A pullback BUY, then we continue the SELLLLLL.
Here is particularly what I am looking at for Bitcoin. As an update to my previous Bitcoin post, I have just entered a SELL towards $7,000.
For GBPAUD, I believe that upon market opening, we should see a little pullback towards 1.90594 (especially if it dips down that zone marked in green), and then goes up towards the zone I have marked in purple before price begins to fall. However, if it breaks that my zone in purple, it would probably go up some more. I think generally though, it should be...
BITCOIN on a LONG TERM perspective. Just like many people, bitcoin has particularly been of interest to me lately, one good reason...I expect an outburst of soon. As seen in the charts, to me, it doesn't look very definite which direction price of bitcoin wants to go from here, however, I have highlighted all the possible positions I see from a weekly...
The stock is showing decisive move downward next support 480.
01-06-2019 : May Trading Update : There is a pulse in the downward direction. I am expecting ether continuation in the downward direction or reversal of trend next month. I favour the continuation of the trend because there is no selling climax on the monthly chart yet. 1100 is a significant level to watch on the monthly chart. NSENG:NSE30
WEEKLY MTN ANALYSIS FOR THE FIRST 50 WEEKS : 1. WEEK ONE : Sell pressure the stock fail the maintain the weekly high.
DATE :14:05:2019. April candle closing with extended range candle with high volume indicate following : 1. Sign of end to the downward trend 2. Big volume also support selling climax 2. Institutional buyer may start coming to the market ACTION PLAN : 1. Time to start paying attention to smaller time frame weekly and daily. 2. Stock to watch within the index :...
The inside day bar momentum is negative. Price is likely to test 1100 which is the nearest support.
The market is in the bear market . NSENG:NSE30 Price is below the EMA 20 . Price level to watch is 1100.