If today GBP/JPY close candle in Demand zone it would be the perfect signal. The new week starts with a long position.
the BLX chart has the cryptomarket charted since 2011 and during that charts entire existence we have always held support above the 200 week moving average (in blue) We have now touched it again and are seeing a relief bounce....judging by the weekly stochrsi we will likely see a nice bounce here. However I think t his rally may be temporary I think we may...
From a Technical Analysis point of view, our (Mstardom Finance) proprietary trading strategy told us that the moving average accumulated over a month’s time for VCYT is $11.54. So, we should buy the stock when it falls below $11.54 preferably when it falls anywhere between $8.85 and 11.54. On the other hand, our proprietary trading tool told us that we should...
USDCAD hits the top of the negative trend channel. I think it will fall next week and maybe the week after that. If it breaks over the higher trendline we will probably se a lounger bull run.
NET-LONG POSITIONS SPIKE 52.7% SINCE LAST WEEK FOLLOW Our Profile- www.tradingview.com EURUSD: Retail trader data shows 56.9% of traders are net-long with the ratio of traders long to short at 1.32 to 1. The number of traders net-long is 4.7% higher than yesterday and 52.7% higher from last week, while the number of traders net-short is 9.0% lower than yesterday...
Hello traders, My view for CHFJPY next week. We have a shooting star on the daily time fram wich confirms price reversal. There are 2 targets for this trade as usual. I will update when we reach 3 likes on this post. Likes and comments are very apreciated!
Nasdaq 100 NDX Reading 2578 now - can come back to 7569 on the open but should hold hold up here if the day is to remain a good one....think it will be after a twitchy start. Marketmakers need to try shaking the tree to get some stock on board...don't think they will shake out much though - which should bode well for the rest of the day if correct. A...
NAS100: Nasdaq 100 Index - An Important Week Ahead Nasdaq never made it to 7518, failing badly at 7495 and then breaking the first support at 7479 and then falling another 100 points to 7380 before bear closing in the last couple of hours on Friday took the index back to the 7414 line and a newly forming dynamic resistance line just above price now. It should...
That time of the week again,bullish gains! this thing is a beauty it really is.
Hello everyone, I was a bit worried about NU for a couple of reasons, it kept doing 100% retracements and in my opinion one of the pairs that I really don't trade but this BOS( Break of Structure ) on the weekly tf shows that even if it does another 100% its going to be heading to the downside(bears). I charted some possible areas were we might see the...
We are just a smidge under the 50MA on the 1Week. In the history of 50MA on 1 week we seem to have always not dropped below it, so I would assume this could be a major sell indicator for whales if we stay below it for too long. My RSI indicator of 46 we seems to be holding the line(when we see 45 below it might be time to sell) StochRSI is looking to swing up,...
WTI USOIL: June 3rd Trade Points for Week Ahead Good call/bad call last week here. Was looking to close out the short as the week began at around the 66.48 line and then reversed long from here looking for 69.48. A forlorn hope.The rally got as high as 68.63 before failing away to end the week 1 pip below the next key support at 65.55 - and busted out...
FTSE 100 Index UK100 Since making a seasonal high on 22nd May FTSE has fallen away down a narrow impulse wave and chanelled down the smaller falling pair of parallels from the new high. Whist constrained within the channel FTSE remains vulnerable to further selling pressure back to the first minor support line at 7691. Failure to hold here will trigger a...
WTI USOIL Week Ahead WTI has fallen away in a straight line ever since the short triggered on Thursday and is now around 390 or so pips to the good. It should fall away a little lower still, towards the first support line at 67.22 and can spike down to 66.48 at likely lowest before it starts to bounce away to the upside again. Look to close out at least half...
Apple AAPL It took 18 months for Apple to double from the low at 91.5 to a highs at 180-183 before a 16% decine to 150 (WD Gann would have loved this stock as much as GE, probably;) Like FB, Apple has closed out the week sitting on top of the structure to its left. And in classical fashion, if the 165-164 levels fail to hold from here it's then likely Apple...
Bitcoin Bitfinex Happy Monday ! For once this hardly really needs updating. Should rally to first target at 10112 later today but is once more a little extended and can spend time consolidating - quite a long time if it wants - before rallying again. Just stick with it or look to add on dips. It should rally to 10448 and then 11590-11620 later this week.