Evening Traders, Today analysis – TSLA – trading below its key Daily S/R where further downside is probable, Points to consider, - Price Action Impulsive - Local S/R objective (.50 Fibonacci Confluence) - Daily S/R Resistance TSLA’s immediate price action is impulsive, confirming a bearish retest of the Daily S/R will allow for a bearish bias. The Local...
Hello all DuncanForex here with a follow up on my trade idea that I've been watching since Feb 2020 - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and...
What is giving us clues here? Let's chat further about this in the network. Cheers and trade safe Dale
BTC has taken a ride since 2015, I watched from the sidelines as more and more people became overcome with the excitement of this new currency. The “gap” up’s when it took hold and blasted off to north of 20,000 then 30k then 40k, were unprecedented. I’ve been involved with investments since 1997 and I have seen nothing like this and won’t ever again. I do think...
Long-term Fundamentals - Bearish Long-term Technicals - Bearish Medium term Fundamentals - Bearish Medium-term Technicals - Neutral Short-term Fundamentals - Bullish Short-term Technicals - Bullish Recommendation: SELL on strength.
Tomorrow morning the USA will switch presidents. We can expect violent protests just like 4 years ago when Trump was sworn in. But does this symbolic day represent a risk, and should we stay away from the markets? My own (FX) trading has been pretty slow for 2 months following the US elections in early november, I think there was no conviction in any price action...
GOLD has seen some tough weather lately. I think the pain is far from over. After producing a fake break out with a double top only two weeks of days ago, gold is falling again. It's to be expected that risk in the markets is going to decline with the inauguration of Biden soon, leading to a decrease in the demand for gold. I've marked two areas of potential...
Btcustd risky triangle! Last chance to sell! I'am a begginer and take the risk!
Trade Analysis Based on Fundamentals & Price Action. With Risk Management you will never loss. Thank You
Prices are approaching to the cross of downward trend and horizontal resistance and also to 200 SMA. That doesn't mean that prices will fall in one day. That means, watch out something may happen and be conscious of your risk.
Trade Analysis based on Price action & Fundamentals Analysis. WITH RISK MANAGEMENT YOU WILL NEVER LOSS. Thank you
I'm Short...guessing price relaxes...it's Friday! If we break that trendline, I'll pour on the gas. I am a bear of dysfunctional economies.
📌 @ridethepig Gold Market Commentary 16.12.2020 The moves in Gold have been excellent to track this year because of the tendency to put turning points around the Central Banks. This of course seems very appropriate. The 'infamous' loading zone has allowed us to pick the low hanging fruit, now things are going to start getting a bit trickier from a positioning...
A timely update here after a conversation with @zhaoyu01...I will try to keep this one short as by now we all know what is in play. On the inflation front it is clear what we have cooking. Sharp speculators in bonds are miles ahead as usual and signalling loudly that we have inflation coming to our theatres very soon: One of the best assets in 2019/2020 has...