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AEX ready for a trendline breakIt has been a party for the Dutch AEX for a while. However, the first signs of trend reversal are visible. - Bearish divergence for a quite some weeks - Shooting star candle (which is a candle pointing to trend reversal) as bounce from the bottom trendline which is contrary to the strong previous bounce back of the bottom trend line It is an early call since the weekly isn't closed yet, but early signaling prevents people from being too late to act. I've plotted the fibonacci retracement lines to choose your targets.
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by CryptoMoneyGang
AEX Is Inside a Rising Wedge, After Struggling at the 0.500 Fib Let's look at the Dutch AEX index. The prices seem to not have recovered as much as the american stock markets, giving us more opportunity to trade with higher percentage gains. However, I am starting this one with my analysis on an upcoming short trade. I'm not a huge fan of this inverted fibonacci retracement, but saw it getting very popular on charts recently to model the big Corona drop. If we use this charting method, we do see the price struggled quite a bit to overcome the 0.5 fib level. After oscillating quite a bit in this rising wedge, we are reaching the point where the price will need to make a decision soon. A rising wedge is a bearish pattern, so I expect a bearish breakout after reaching still slightly higher. possibly around the 525 level. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
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by Trading-Guru
3
Buy Gulden now it's still cheapDue some good nows about Gulden it is rising fast. At the moment of writing we are allmost at 10% in green after a gain of 11% yesterday. A big Dutch news website announced that it will accept Gulden donations next week. This is an enormous boost for the Gulden. More people will hear about it and find out what Gulden is. So my advice, buy Gulden now. We all know Gulden is a great project and is allready been used in the Netherlands as a paymenyt method. So it has absolutely lots of value. Also if you take a look at the technicals there is reasson enough to buy now!
NLong
by tradingtomnl