Institutional money was LONG on GBP/CAD Price was pushed to the downside to manipulate retail traders to go short, but our team spotted the fake move and entered on the momentum back to the upside to ride the capital wave. P1: +168 P2:+336 P3: +88.7 TOTAL: +592.7 points.
EURUSD* The technical cross-section**: Trend: -1 A strength of trend: -3 Overbought/oversold : none The priority area of transactions : selling Selling in the area of 1,1260 with a stop above 1,1290 and a profit in the area of 1,1200. Selling in the area of 1,1300 with a stop above 1,1330 and a profit in the area of 1,1210. The purchase in the...
Whats up traders? We are looking at this new Swing Trading Idea on the EURAUD pair. Price has been in a nice bullish uptrend since days. After three levels of rise and a peak high forming, we are looking for short orders in the market. Divergence is also in place for this trade. As this one is a Swing trade, our stop loss is a little bit wider. In this case...
Simple trade, follow stop loss and target for the wedge. If you sold the top of the last pump or near, this will be a great opportunity to get back in for you so you don't FOMO on the next one. :) If you prefer less risk, you can choose to buy on breakout. Also mainnet on Ethereum for existing DAPPs was announced yesterday at Consensus for May 30th so I'll keep...
Welcome everyone to this new trading analysis on this Wednesday! We are looking at the EURJPY pair on the 4h chart. Trade war between Trump and Xi is real.. Trump stated a few minutes ago that Xi from China offered something good between the deal. Instantly all XXX/JPY pairs gained momentum to the upside. Good for my positions as im going to the worst trading...
EURUSD* The technical cross-section**: Trend: 0 A strength of trend: -1 Overbought/oversold : none The priority area of transactions : buying Selling in the area of 1,1260 with a stop above 1,1290 and a profit in the area of 1,1200. Selling in the area of 1,1300 with a stop above 1,1330 and a profit in the area of 1,1210. The purchase in the area...
Hello traders, TraderNoxtreme back with you weekly Bitcoin Cash in depth. Please like this idea if you agree. Subscribe if you want more and comment if you have something to say. Sentiment: With the rally yesterday most of the chatter seems to be about the next rally, when to buy more in a bull market, and when you should take profit. There is also a ton of...
Hello traders, TraderNoxtreme back with you weekly Litecoin in depth. Please like this idea if you agree. Subscribe if you want more and comment if you have something to say. LTC Weekly 5/13/19: Will History Hold. I am still keeping a close eye on this historical correlation. Although we did end up with a BIG green candle to finish the week, we were sitting...
After a huge selloff in recent days, this pair seems like it is ready for a short uptrend.
If we get a clear break and close below entry point, then I believe that correction is imminent.
The IPO for Uber (UBER) has fallen out the bed. The company priced its IPO at $45, opened at $42, and closed at $41.57. UBER’s one-day total loss in value from the IPO price was apparently the largest in history. For a moment, UBER looked like it could stabilize around its poor first day. Unfortunately, the next trading day a major market sell-off helped take UBER...
EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 0 Overbought/oversold : none The priority area of transactions : buying Selling in the area of 1,1300 with a stop above 1,1330 and a profit in the area of 1,1210. Selling in the area of 1,1260 with a stop above 1,1290 and a profit in the area of 1,1200. The purchase in the area...
On my previous post on Ucad you see I called the move upward as the Z leg that could finally drop. if we look at the consolidation forming from mid-April we see a wxy continuation pattern being formed. this is confirmation for more upside I'm looking at equal legs to the last impulse made starting the 17th of April which puts price at 1.361xx the next important...
The end of 2018 and January of 2019 was marked by a huge appreciation in the gold price. Afterward, we saw a three-month-long pullback ( which hit 38.2% Fibonacci retracement) and now it finally seems like gold is making a move again. Don't forget that gold also broke its resistance line today (blue line) and formed the double bottom (marked by a blue rectangle)....