Clear View of GBP USD. Welcome.
Hello there in my next price prediction and trend analysis.
As we see here is a very strong support level is near.
So this is my exception. We can wait until the trend will find strong support and after we can buy or wait again for breakout.
That's all that we need here for a successful trade.
Good luck & Have a nice day.
fxCROWN
Trend-analysis
Why I'm calling 6500 the Bottom Well more precisely i think 6200-6500 range, but we could be done!
What is the point of the correction? A correction is supposed to beat you down, and make you give up. Then when all hope is gone, price moves up.
First off the fear and greed index is at extreme fear levels, the rsi is resting at major support on larger time frames. We retested major support of 6500 from 2018.
5 wave overall structure where wave 1 resembles the length of 5. The correction's entrancement went just in between the .618 and the .50. That is ideal for a wave 2, wave 2 should always be a deep wave as it is fueled by sellers who don't are in denial of the upwards bull market trend. But mainly.... everyone, even most well known traders... are bearish, and I like that. What i am looking for now, is for price to stabilize, have a few bounces between the 11k range and 8k until year's end. Then we work towards welcoming the halving. Dont forget, everyone is freaking out and its still... still only November.
As the saying goes, the BEST time to buy is when there is blood in the streets. And there is a lot of blood right now.
Carry on,
Not a financial advice, just my analysis.
Moneygram shooting for the cloudsThis analysis shows you a representation of easy money in the market by jumping into the volume leaders. The stock is fundamentally solid because of its asset/debt ratio and it's had no stock splits. I use the 30 week moving average to buy the pullbacks. You can use the RSI alongside the MACD to get a better understanding of the momentum. You can see that the momentum is bottomed out. The S&P 500 is trending up alongside the SPGI. Good buying opportunity in MGI for profits above 100%.
Litecoin LONG analysis by using momentum indicators.I believe LTC will breakout along with BTC and it will cross the 30 week moving average at $85-100, then I believe that it will pull back and bounce on the 30 week moving average and push forward to around $175. Similar to what bitcoin has done on the 30 week moving average, broke through and started trading above the 30 week MA. Will it do it like my picture? Maybe not, the time frame could be longer or shorter. I'm just using the image as an example of what I think the next move will look like. You can see the momentum indicators MACD and RSI are bottomed out. The MACD is curving up towards the crossover and the RSI has dropped below its average, all that needs to happen is a swift jump in price and the RSI should cross the average, once that happens price should keep pushing up since the momentum is bottomed out. If volume comes in along with the RSI and MACD crossover, the move is pretty much guaranteed. In another positive note, the S&P 500 and the SPGI are also trending up so right now we just need the volume to come in. Have fun :D
XAU long term goalsBroke out of channel but didn't seem to be strong enough to hold it's own weight. (pa-dum-tsss)
First bearish 4h closure was a good enough signal for me to get in, knowing draw down would be light as if i were wrong my stops were slightly above the ReTrace of the LowerHigh.
A1 risk/reward.
TP1 immediately smashed with no concerns.
TP2 is awaiting a retest to the area of 1495/1496
TP3 will be a 100% retest to the last LL of this Ultimate Down Trend.
TP4 of course will be the final goal at the bottom of the channel.
This of course, is the over-all idea.
$AMTX - Trend Continuation In Flow Aemetis, Inc. operates as a renewable fuels and biochemicals company. The firm focuses on the acquisition, development, and commercialization of technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into biorefineries. It operates through the North America and India segments. The North America segment comprises of the Keyes Plant in California, the cellulosic ethanol facility in Riverbank, the cluster of biogas digesters on dairies near Keyes, the Goodland Plant, and the research and development facility in Minnesota. The India segment includes the Kakinada plant, administrative offices in Hyderabad, and holding companies in Nevada and Mauritius. Its products include glycerin, ethanol, food and feed, biodiesel, and edible oils. The company was founded by Eric Armstrong McAfee in 2005 and is headquartered in Cupertino, CA.
SHORT INTEREST
107.07K 09/30/19
P/E Current
-0.71
P/E Ratio (with extraordinary items)
-0.59
Average Recommendation: BUY
Average Target Price: 2.00
Nothing has changed! All eyes on trade meetings.Let me clear some things up: I am not a day trader. So, my charts are what I see from a swing trading perspective. I look for opportunities that might not play out today, tomorrow, or even next week. Rather, I look for opportunities that I think might play out anywhere from today to a month (or a little more) from now. Not long term, but short to mid-term... I'm a swing trader. Please keep that in mind when you view my charts.
As always, I appreciate each and every comment and follower! Good luck to all, and may we ALL profit!!
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Triple EMA & Double Aroon StrategyThis is my revision of the 20,50,200 Ema&Aroon strategy.
Link provided.
I've added a second Aroon a indicator set to 50. This allows you even greater insight and accuracy to the beginning of a trend as well as greater accuracy in determining when the pair is consolidating.
In most cases, if the Aroon 25 doesn't catch the beginning of a good trade signal, the Aroon 50 will. This is also true vise versa.
Remember to always get confirmation when taking your trades.
Enjoy!
I have recently gathered data using this strategy on AUDUSD as well as USDJPY and this system seems to work fine on those pairs as well.
This strategy can also work on the 30 Minute time frame as well as 1 hour and 5 Minute.
Although it becomes more difficult to determine confirmation on trade signals at lower time frames such as 5 Minute and below. AUDUSD USDJPY