I'd only consider going short the EURCAD today. All trades need to be closed by the end of the NY session on a Friday so as not to hold risk overnight. The ECB is looking for a recession and seems happy to keep killing productivity with rate hikes. The single currency is f'd.
CHAIN LINK / BITCOIN looking going to drop soon we have bearish divergence on rsi we near to the 800 ema the blue ema and at the hight ADR it's more likely to me to drop down
As you can see in the chart in 4H TiME FRAME this is the pattern that we are in I do reading based on patterns and break out So just keep eye on the chart and wait for the confirmation to make short or long The targets are in the chart THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION DO NOT FORGET TO USE STOP LOSS
Hello traders and investors! Today we will talk about single stock ZOOM, in which we see pretty nice and clean pattern. As you can see, ZOOM made quite big decline since October 2020 till May 2021, lost more than 50%, but it looks like a three-wave a-b-c correction within a higher degree wave 4, especially if we consider recent strong and impulsive bounce from...
Hello traders and investors! Today we will talk about Zoom, its price action from a technical point of view and wave structure from Elliott Wave perspective. Zoom made a massive rise in 2020 as it was and it's still very useful app for video communications. However, nothing goes in straight lines, so we see it as a completed wave 3 and since October 2020, we can...
Match Group Inc. may get boosted, because of the holiday time (Christmas, Valentines Day, etc.) and as a result there will be more traffic on the platform (Tinder) --> Social Analysis The MACD takes distance from its zero line, which confirms the upward trend and is going to increase, which certainly support the trend. The chart is braking out of the two bands,...
A lot of traders have their systems wich they know for years, but we can not find a decent single currency strength chart wich we can apply indicators at Month Week Day and intraday basis. For example mataf.net have it but is missing the Month chart.
Like many times I see before single high means nothing so while there is no 2 higher highs 2 higher lows trend still down. There is possibility that we have deeper correction higher (ABC) in this situation 81-80 area can be good spot to look for long on trend line retest but for now just waiting good short signal from here or another important level at 84 with...