It has been 6 bearish weeks for Bitcoin. Now it's stalling at around 9000 where weekly 20EMA has been acting like a strong level of support ever since. 0.786 Fibonacci level was tested. I do believe that Bitcoin will recover next week with some momentum to the upside. A break and close above the counter trend line and EMA crossover will be a good signal for us to...
Hello traders, we all experienced XRP price going to the moon since Dec 2017 with more than 1000% gain in a month. Looking at the Fibonacci, now we are stalling at 1.2000 support area, after testing 0.786 Fib. On the H4 time frame, the bearish are slowed down with a triangle pattern and waiting for a break. All my MA are staying close to each other. Me personally...
Short-term bullish, long-term bearish Weekly: Last month, the pair created a higher high at 1.8000, evening star formation then formed as a sign of retracement. With weekly time frame, especially on GBP pair, I would expect something like 0.786 Fibonacci to be met. 1.7000 would be my main target for GBPAUD until the end of the month. Daily: On daily time...
Weekly: Weekly time frame is filled with choppy bullish candlesticks. We are still in a pretty clear bull trend. 155.00 was a target for my previous week. Now I would like to wait for the reaction of the pair around 155.00 once again. Daily: On the daily time frame we created a higher high last week. 8EMA is crossed over. We could continue bouncing in the...
As can be seen, USDJPY has formed the lower low yesterday. 112.00 level used to be a huge level of support, now I expect it to be tested again and act as a new level of resistance. I will wait for the price action around 112.00 and the break below counter trendline on lower time frame to actually execute the trade.
This is a counter-trend potential setup on EURUSD. As can be seen, we have 5 weeks of extremely bullish in a row. Target 1 at -0.27 Fib is reached. Price now is 300 PIPS aways from daily 8 EMA. I personally would looking for a short setup if we have more confirmation on 4hr time frame (could be evening star). This is just a short-term setup with a risk/reward...
BREAKING OUT ADVERSE TO MARKET AND WORLD EVENTS This stock is above any resistance points and if continues above indicators on high side it will continually break highs on a daily basis. They are a Monaco based company that is very strong fundamentally and even spun off a LP for dividends under symbol GLOP. This is a fundamentally and technically solid stock...