good evening traders, this is my setup looking at the GBPUSD. clearly shows a nice strong trend that has now pushed the barrier of the daily resistance level. can we look to push forward? i'm looking to plant my seed where shown on the chart and the signs during this pair shows perhaps my little seed shall become the full plant over the giving time! let me know...
BITFINEX:BTCUSD correcting as expected. In the next couple of hours, the price will reach a region of $45'000 and will find strong support. In the past weeks, there was a wedging consolidation, which connected two major waves - wave 4 with wave 5. I think wave 5 by Elliot Wave Theory started and there is a huge probability for a strong quarter and reaching levels...
In my honest opinion here. When looking at S&P through RRG, Communications sector XLC looks really good long term. Short term watch out as we could go as low as 70's or more before the bounce. But this should offer a nice low point of buy in, providing the FED does not mess it up. Pay attention to Communications news over this time span. maybe a week or two max.
from last analysis. Gold touched level 50% Fibonacci and create double top pattern. News will be published at 5:00 PM.
strong analyses as you see price hit the lower line of uptrend channel good time to buy target is upper line of Channel
still holding my pos!
Support! You don't want to miss it. Good luck traders
www.marketoracle.co.uk images.app.goo.gl Above are links to an experienced Trader seeing these patterns during strong trend moves repeatedly over time. Although this is a pattern we don't usually learn about I find this pattern to be falling along with my technical analysis and trend analysis. Pretty cool to see a pattern that is accurate and not usually...
Long Idea
The AMZN is planning a follow-up to the successful line move towards up is a directionally oriented position generally opposite to that of the pull of gravity. Trading in the direction of a strong trend reduces risk and increases profit potential. --4 hour time frame-- In four hour time frame the stock is moving in its range. --1 weekly time frame-- 1...
TLT is showing signs of an overall uptrend pattern since Nov '18 on the daily timeframe. TLT price has a history of "breaking into a strong uptrend" after the following pattern/sequence is met: 1. EMA21 fails as support during a pullback, signaling a potential dip buy opportunity 2. Price retests EMA21 as resistance and then breaks back above it, signaling...
Link brings us interesting buy opportunity on trendline. Just buy and put some limit orders below current price and wait. SL and first TP are on the chart.
AUDUSD is currently at a major area of resistance. If this level breaks we could see a very nice trend form on the 4 hour and possibly a long term trend on the daily.