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GBPJPY has broken the consolidation to the downside and retested it, and now in bear trend!
EURUSD waiting for a little upward movement.
More of a technical play here, as the market bounced off the 2016 highand has now reached a key inflection point where the 1.150 handle meets Fib618 from the high of the previous leg lower and also horizontal resistance at 1.1490. Technically the lower trendline here if that were to break would be further bearish confirmation. Fundamentally, if the Euro growth...
USOIL to fall down to the price of 71 USD, keeping the very clean and using simple support and resistance, from my analysis you can see that there has been a fake breakout on the upside and confirmation from two trend lines, that price will come down and retest the support, take what you will from this, good luck traders! -Pauric Finnegan
Over the past few years, playing the rage in the Swiss Franc has been a massive money maker, the range being super wide, just wait for the extremes of the range and play it back to the other side. Fundamentally , The Swiss National Bank, SNB, communicate that they dont want the currency being too strong, (which is the lows on the USDCHF ...
Trade Idea is Nike (Long Position) Not anticipating new high so along with the long position is to sell calls at strike price of $82.50 or $85 to pocket some premium Entry is 76.38 Initial Target is 78.80 Second target is 81.46 Stop is 73.58
TRON is a strong buy. I'm a Technician and only look at charts for my analysis. Analysis Method: Fibonacci & Elliot Waves Thesis: Healthcare is a fragmented market and will be consolidating over the next few years. Technically: Chart has just completed it's first Primary Wave Sequence + Correction. Here is a company overview: Toron Inc....
Firstly, our last short on GbpUsd was paid up with a nice Gap Down. We than took a quick long to cover up the gap region. As for UK index, it is back on the supply zone and may start to see a slight upward push to 7350 in the next 3weeks - 4weeks, depending on the price movement we may have a small position on this. However should there be a fall below the...
price returning to the past support very respected and good supply and demand area and also 61% when in the area and do the testing we sell minimum up to 127%
possible fall, the price is returning to a very respected past support and is also 38% and we see that it has been testing before without breaking!!
Heading in to the key EU October summit to be held this Wednesday where Brexit will be discussed. Lots of positive Brexit talk in the last 2 weeks with the EU saying they're prepared to offer a "supercharged Brexit deal" and that "EU are ready to offer a deal" and most recently, German companies (specifically auto sector) putting pressure on the German govt -0.08%...
1. H&S 2. Need to retest level breakdown Enter ~ Market Stop ~ 6230$ TP1 ~ 6430$ TP2 ~ 6515$
S&P 500 Index SPX500USD Was looking for a selling climax around yesterday's open, leading to a counter rally which would last into Friday's US open before falling away again. Well we got the counter rally just after the open in US, leaving a spike off the low at 2708 and 9 points from the next support line at 2699. Not much good, really. Then the S&P had to...
WE have a beautiful stall around the 150.00 - 147.00 area and that to me means Price is making a decision as to where She wants to head to next, Adding up all confluences to including Harmonic Pattern, Supply and Demand, Market Structure and a Form of Harmonic Elliot Wave theory. With an ascending triangle Violated, I strongly suggest to wait till Sunday Monday...
We have one hour flag with no MACD divergence, that means continuation. Take this trade from the bottom and keep it until the daily top