Trade Analysis based on price Action. With risk management you will never loss. thank you
To offset the additional tariffs the CNY would have to depreciate - although the Chinese authorities have said that they won't pursue quantitative easing. If there is a formal announcement to suspend or delay the tariffs, the market would expect a more positive risk reaction and that is currently being priced in. WIth the USDCNY trading around the 6.90 and below...
Reasons for the paradox in this trade: Trump's impeachment is uneventful at this moment in time Yet this impeachment may cost him his re-election creating a possibility for easier trade negotiations With AUD off to the highs especially with there being good data today, let's see how far this thing goes
Despite the RBA setting a dovish when it comes to all things $AUD this spike in price action has caught my eye, enough for me to justify a pre-emptive move in the name of $AUD strength. Trump's impeachment at the house will not have an impact because the senate where Republicans hold the majority will not vote against their own political leader (well at least...
I have just closed out a +8% trade and I am going long again. The initial fundamentals where: Brazillian drought US-China trade war increasing agriculture exports out of Brazil Weak $BRLUSD Although some of these fundamentals are starting to wane, the technicals continue to show that Coffee has more to go
The movement of the SPX are reflected in the VIX (volatility index) but the signal seem to arrive when the SPX index is already too advanced in the retracement. The SKEW signals earlier on. The signal from SKEW starts with lower lows, then the volatility increases and SPX dips. Sell when the SKEW starts hitting lower highs, then BUY when the VIX index is peaking.
4H CHART EXPLANATION: We observe that price has bounced at the Daily Top level and was rejected strongly. We are waiting for a breakout of the Ascending Trendline to take short positions here. In the short term, the potential targets are the Support Zone, and the main ascending Trendline.
Gold going to touch 1534 that is confirm by US-China trade talk in early october, If trade talk stay positive it will go more down.
This trade war seems to be going Chains way. But that can only be sustained for so long. Another super power is on its way. Prepares a long waited strong move is on the horizon, as XRP ledge will convey the gold trade with GBI not BTC Scan my profile for free XLM and 10k Zi CCO Airdrop
NZD fundamentally is pretty weak, with all 5 of its major trading partners facing some form of political/financial upheaval. This is important to know because NZD economy is compromised in large part of its exports. However, data has shown that New Zealand has been becoming a favorable investment due to its free market policies that have kept the financial sector...
Please see previous idea for in more in depth logic. As kind of expected, the price reached and rejected off the 4.618 advancement. From here, BTC has the potential of turning bullish again once the daily crosses over the 2/1 line. Potentially within a couple days from now. That could cause it to make another run at breaking 14k But until a breakout is...
3045 is the magic number. This represents a 2.618 advancement from the 2009 low. The 4.618 is 3953 so good chance we see 2500 and even 2100 before we see 4000. My prediction is as follows: SPX reaches and breaches 3000. Maybe gets as high as 3150 before pull back begins. Green box - 2870 or so is short target #1 From here we will need to see what the market...
In this video, I explain the basics of using Fibonacci, time application and geometry to predict the future. TLDR: SP500 will hit 3045 and while it could reject here, it looks quite bullish and 3307 is worth betting on. The rising wedge will break and we could see a December style dip around late April, early May 2020. Getting to 3300 could be a slow melt up...
Very short term, might reach for $11,284 again before retracing. BTC's meteoric rise over 3 months was driven primarily by the US/China trade war. Institutional money was pouring into BTC as a hedge against US/China trade war. (not because Wall Street has finally seen the light or whatever) Immediately following announcement of the "truce" following the G20...
This is not financial advise. For entertainment purposes only. MY OPINION AMD has had some good news, and solid growth despite the trade war between US and China. Finding support at the .618 Fib retracement at the end of a rising wedge, especially to end the week or month, could spark a full breakout to the ATH of $47.50. However, when adjusted for inflation, that...
This an update to my previous ideas: Bitcoin: Bitcoin Dominace --------- So, either way, BTC will reach all positive targets, it's only a question of which path it takes. The short path (above green arrow trend line) or the medium path (below green arrow). Thick red line is the decision line and I'm quite confident BTC will at least reach this level...
$USDCNH ... Cup & Handle pattern right there in the bigger picture. We then got a rising wedge shorter term. Why? Look at the #TradeWar and it makes perfect sense. Wait for confirmations and you got a safe setup right there ! The Trade War is going on and it´s getting harder and harder every week for both the USA and China. So guess where this pair might...
4H CHART EXPLANATION After the downside movement triggered by the Trade War price consolidated on a corrective pattern, and it may be finished. We will wait for a breakout of the structure to take short positions. DAILY VISION: