Bitcoin Is On The Move AgainThis cryptocurrency is featuring for the first time on our TradingView blogs.
Current setup: Price is looking bullish after finding support above $3,000 and breaking above a strong resistance level.
Conclusion: As long as price continues to create higher highs and higher lows, we should see a strong bull trend evolve.
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S&P 500 Falls To Moving AverageLast post: April 24th 2019. See chart .
Review: Price appeared as though it was going to move above resistance.
Update: Price dropped through levels of support and has landed at the daily 200 simple moving average.
Conclusion: We want to see if the moving average will hold as support and help to push price back up and resume the bull trend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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GBPUSD Showing Further WeaknessLast post: May 24th 2019. See chart .
Review: Price was pulling back but overall was going sideways.
Update: Price is still in consolidation but also looking weak at the moment.
Conclusion: The previous low is close to being broken. We would then like to see the next major area of support being broken.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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The Pound Moving SidewaysLast post: June 27th 2018. See chart .
Review: Price appeared to be looking bearish.
Update: Price has not travelled much since the last post and has mainly been in consolidation.
Conclusion: We need to see major support or resistance levels broken before looking for trades here.
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Greggs Growing in StrengthThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is still looking strong for this stock.
Conclusion: Once price breaks and closes above the previous high, we can look for long opportunities.
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GBPJPY is Heading Down FastThis currency is featuring for the first time on our TradingView blogs.
Current setup: Price is declining fast with the next support level far away.
Conclusion: We will be looking for shorting opportunities following a break of a previous low.
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Will Microsoft Break ResistanceLast post: April 22nd 2019. See chart .
Review: Price had broken through a previous level of resistance.
Update: Price is currently approaching another resistance level.
Conclusion: If price can break through, then we should see further strength to the upside.
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EURUSD Falling AgainLast post: April 30th 2019. See chart .
Review: Price was at a strong resistance level.
Update: Price failed at resistance and is now dropping towards the next support level.
Conclusion: If we do see a break of support we will be looking for shorting opportunities.
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USDJPY Dropping in Price FastLast post: April 14th 2018. See chart .
Review: Price was going sideways on the monthly timeframe shown in the last update.
Update: We are starting to see some bearish moves which may see price reach the previous low of 104.65 set back on January 3rd 2019.
Conclusion: There may be plenty of intraday shorting opportunities on the way down for this forex pair.
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USDSEK Still Rises Towards 10.0000Last post: May 3rd 2018. See chart .
Review: Price broke above the previous all-time high.
Update: Price has remained above this level and heads towards the 10.0000 round number.
Conclusion: As price approaches the major round number we will need to wait and see how price will react once it gets there. If it breaks through then we should see more strength to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Apple May See a Further DeclineThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is looking weak and trading below both the daily 50 & 200 simple moving averages.
Conclusion: It is too early to look for shorting opportunities just yet but if price remains below the daily 200 simple moving averages then short trade setups may start to appear.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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FTSE 100 Finding Further WeaknessLast post: May 7th 2019. See chart .
Review: Price was showing short-term weakness and was at the daily 50 simple moving average .
Update: Since then price has shown further weakness and is approaching a strong monthly support level.
Conclusion: We need to see how price reacts to this support level. A break through support and we may see further weakness. A bounce off support and price may resume the uptrend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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FTSE 100 Showing Short-Term WeaknessLast post: April 24th 2019. See chart .
Review: Price was trading comfortably above the daily 200 simple moving average and looked bullish.
Update: Since then price has shown weakness and currently sits on the 50 simple moving average.
Conclusion: We want to see if the support area holds and pushes price back up.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Gold's Decline May Be Slowing DownLast post: March 20th 2018. See chart .
Review: Price was in a larger degree period of consolidation.
Update: Price remains in consolidation.
Conclusion: We may see price come down to the 200 simple moving average where it may find support.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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USDSEK Ready to Create a New All-Time HIghLast post: April 27th 2018. See chart .
Review: Price was finally trading above the previous all-time high.
Update: Price has remained above this level and currently looking strong.
Conclusion: Price is currently above the previous high so we should see further moves to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Palladium Still in ConsolidationLast post: April 24th 2019. See chart .
Review: Price was stuck in the consolidation zone.
Update: Price broke out of the consolidation zone but found resistance at the 50 simple moving average.
Conclusion: We need a breakout of consolidation before considering a trade in this commodity.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Did the EURUSD Experience a Fake Breakout?Last post: April 22nd 2019. See chart .
Review: Price was getting ready to break support.
Update: Price did break the support level but is now retesting it as resistance.
Conclusion: If the resistance level holds then we may see further weakness in this forex pair.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Microsoft Looks Set to Make a New All-Time HighLast post: March 27th 2019. See chart .
Review: Price was holding at a strong level of support.
Update: Price has managed to bounce off that support level.
Conclusion: As price is currently looking strong, we may see price break the previous high to create a new all-time high.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Palladium Finds Weakness at ResistanceLast post: March 27th 2019. See chart .
Review: Price was at a strong level of support and we were waiting to see if that level would hold.
Update: Price has since broken through that level of support and continues to look weak.
Conclusion: If price breaks below the previous low then it may head towards the 200 simple moving average.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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S&P 500 Continues To Head HigherLast post: March 20th 2019. See chart .
Review: Price was at a level of support.
Update: Price has since bounced off that level of support and continued to move higher.
Conclusion: The next major area of resistance is the previous all-time high. If price can break this level then we should see big bullish moves in US stocks.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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FTSE 100 Remains Bullish Going Into AprilLast post: March 18th 2019. See chart .
Review: Price had just broken through the daily 200 simple moving average and we were waiting to see whether price would remain above it.
Update: Price did move below the daily 200 simple moving average but has since moved back above it and is looking strong.
Conclusion: We want price to continue to create higher highs and higher lows.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Possible Bearish UK MarketLast post: May 17th. See chart .
Review: Price was trying to make new all-time highs.
Update: The market has reversed since then and has now broken below a major support area.
Conclusion: We need to see if price will remain below the support area then we can look for shorting opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Ocado Bouncing Off SupportLast post: June 15th. See chart .
Review: Price was pulling back after being in a nice uptrend.
Update: Price is stuck inside the consolidation zone and currently at the support area.
Conclusion: We need to see a breakout of this consolidation zone before looking at any trading opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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