CADCHF. The price will fall slightly.Hi subscribers!
The price of this currency pair has not changed much since March 8,
the price has long been in the range zone,
in the range between the key level and the support level.
The price will not overcome these boundaries in the near future,
it is one of the few currency pairs that continues to be stable.
However, the price will go down to its target. Good luck to you.
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TOP-6
EURUSD. Will the price go up the pattern?Hello ladies and gentlemen.
This chart shows the most popular currency pair in the forex market - this is the Euro and the American Dollar.
Is the price in a cup and handle pattern, this means that by diving down,
Price will inevitably go up to its target.
Good luck to you. Do not get coronavirus.
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S&P 500 (How the bankers steal your money)Now that we have dropped very hard it lead me to question my original analysis of it dropping further.
I think this drop may actually be a very large bear trap.
Thinking back to Bitcoin cycle everyone thought the top was 7k when It tested 5k but that was really a huge bear trap.
I am also seeing the same fractal Ethereum made before it went higher.
it's easy to let one red candle distort your perspective (and I think this is what happened to me trying to call the top of SPX)
I make mistakes I might be an alien from the future and I am perfect but I too still learn things.
I admit my mistakes.
Short term I think it will drop a little further but big picture this is a great time to buy the panic.
Stay safe & stay profitable
COVID-19 fear will blow over soon.
- Dalin Anderson
Crash 2020 - End of the bull marketSince 2008 we have had no real recession. 21 December 2019 we just hit the top resistance of ascending wedge on the monthly chart.
Coincidence? I think not.
Add the repo crisis like we had in september, trade war risk, and election uncertainty, brexit uncertainty, housing market bubble and dept buildup and we have are at more then enough to make this technical perspective come true on fundamental basis.
Profit targets set at support levels, demand zones.
(Using log chart and heiken ashi chart)
XAUUSD. Gold is growing!Hi subscribers!
The price of gold continues its attempt to break through the resistance level,
it is likely that this time it will be able to cross it and reach its target at around 1,700,000.
Good luck to you!
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BTCUSD Buy ZonesIf the current channel breaks, then I'm looking for the head&shoulders pattern to play out.
I have a short term support area which we could bounce of short term, But then I'm looking for a buy in the Golden Buy Zone :)
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Most Exciting News For EGO in a DECADEGood morning traders, today we will cover EGO, a massive gold mining company. EGO let out some big news during a massive week throughout earnings pumping a massive 50%. Not only did EGO release some fantastic news but it just so happened to be after a major breakout which hasn't been tested since 2010. Another impact that should be accounted for is the Coronavirus. As Coronavirus scares grow, economic despair follows.
On a side note, EGO just released some pretty big news about their mine Kisladag. Eldorado NYSE:EGO claims they have a plan for a 35% gold production increase.
Average Volume: 2.20 million shs
Current Volume: 20.22 million shs
Eldorado says completed long-cycle heap leach testwork indicates increased heap leach life of mine recovery at Kisladag to ~56% and extends mine life by 15 years through 2034.
On an unadjusted basis, Q4 net earnings swung to a $91.2 M profit, mainly attributable to the net $85.2M Kisladag impairment reversal, compared with a $218.2M loss in the year-ago quarter.
My Opinion?
10.09 Breakout = Moon
Friday we saw EGO touch over $10 a share after-hours, will we wake up to a bag next week?
As always
BITCOIN 1D! BIG prediction! support line and key level.Hello! Anonymous Traders team has prepared an idea for you, if you liked it, please support it with like and subscription.
This idea is very good for a deal, as it is very diverse and everyone can choose a position.
1.Long with current ~ 9730, stop loss ~ 9530 when the support line is broken, ~ 10440 take under the first resistance.
2. Long upon breaking through the first resistance ~ 10450, target ~ 12140, stop ~ 10300
3. Short of breaking through the support line ~ 10100, target ~ 9430, stop ~ 10220.
4. If the fall takes place, you can trade the next support level of shorts ~ 9420, target ~ 7800, stop ~ 9500.
Nikkei Struggling At Key Resistance as Revised Coronavirus Data Optimism crept back into the market earlier this week, with market participants speculating that cases of 2019-nCoV may peak by the end of February.
However, a revision of the counting methods used to identify infections led to a 15,000 case jump in the Hubei province; with the WHO stating many of these cases date back up to three weeks.
This has seen doubt creep back into the market with the Nikkei FOREXCOM:JPXJPY pegging back most of its gains from earlier in the week, after failing to break key resistance at the 24000 handle.
Early formation of a shooting star candle, a potential triple-top reversal pattern and RSI divergence highlights exhaustion in the recent uptrend from late August 2019, and could see price begin to pull back to retest the 2020-low (22637) and 38.2% Fibonacci (22525).
Break of support & sustained momentum to the downside could see price push towards significant uptrend support ,extending back to June 2016, and confluence with the 61.8% Fibonacci (21509). FOREXCOM:JPXJPY
USD/NOK ShortNot a pair I trade very often but love the current set-ups on a few NOK pairs. Took this short off the bounce of the double top, could see a big downside, but as posted on the DXY will be watching how USD pairs play out so SL is now at breakeven, happy to take that rather than a loss.
If we do see a big pullback then I will simply look for a better entry.
Ichimoku Kinko Hyo “equilibrium chart at a glance”No, “Ichimoku Kinko Hyo” ain’t Japanese for “May the pips be with you.” but it can help you grab those pips nonetheless.
Traders use Ichimoku Kinko Hyo to generate a variety of signals for market behavior, based on the interaction of the chart’s lines with the Kumo. Because of the comprehensiveness of the chart, traders consider it to be a very powerful tool for technical analysis. However, crypto exchange traders should be aware of the chart’s drawbacks in forex markets: since crypto markets never close, no close prices are generated, and it’s unclear how the Chikou Span should be plotted. Good judgment should therefore be used both in choosing the time periods from which to generate the chart, and in deciding which price should be chosen as a crypto market’s close price.
SHORT - XTZ - Trading OpportunityEnd of the uptrend is near, and a bearish div formed on the 4h chart. Heavy resistance above on the btc/pair which makes us believe the top is in.
Entry: 2.1375
TP 1: 2.0277
TP 2: 1.9107
TP 3: 1.7944
TP 4: 1.6441
SL: 2.1901
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TOP/BTC Technical ChartTOP/BTC now Current Price is 15-16 Sat.
According to TA now TOP/BTC at resistance level.
If we break upward side resistance 17 Satoshi then we can see upward spike .
so keep an eye on this level.
If this rejected from this resistance line then we can again buy under 10 Satoshi.
Support: 10 Satoshi.
Resistance : 21/29/39 Satoshi.
Resistance = Targets
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