Yearly
BTC Long - An amateur point of view.Long-term analysis for BTC. I believe we will see a conservative $100k BTC end of year.
This is an update to my SHORT TERM analysis linked below, which I suggest you also check out.
BMW make it or break it After the big hummer for german auto industry last year, we escaped downtrend. The recovery however is shaky and for the better part of the year we were under mid of the pitchform.
Earnings might help BMW above the redline or break below the pitchfork range. Keeping an eye on general DAX preformance too.
Good luck and happy trading.
Euro in a ascendant channel Few shorts to bring us to the bottom of the channels at this stage and probably back up again. Keeping a close look.
Euro had a great run, which i believe will extend to some parts of this year.
Good luck and happy trading.
TSLA in middle of business. With energy futures and mass production of model 3, 2018 might be a good year for tesla.
If you are interested in some of my previous ideas for tesla in 2017, check the related ideas section.
GBPNZD weekly pinWeekly pin has closed above a weekly pivot area (blue line) and current week is above the 2017 close which is usually a key area in most markets.
1st target is just below 2017's high but depending on how the market closes if it reaches this area will determine whether i stay in the trade or not/
GOLD elliott wave Monthly ChartHi Trader My View in
Gold Long term Buy at 1150-1101 level for long term target 1470 to 1550
More say about Gold Long term seen in chart strong support zone if hold to be strongly deep buying 1-2-3-4-5 pattern way...
MOMO correction for better or worseSome thoughts on MOMO, being looking it for a while - seem like crazy ride, but I entered long now.
Safe and Happy trading everyone !
AMD the path to righteousnessThe deal with Intel is big step forward for AMD as their Intellectual properties on graphics and CPUs was one of the main revenue streams in the report. Surely they have a lot they can achieve with Intel in direction mobile/portable graphics. In addition to the surge with slim laptops sells surely that will have great echo in the coming 6 months - year.
The growth of almost 6% today is not enough to break the fib and previous support/resistance levels of 12.06 (previous 2017 bottom) and floating around that support level of 10.80. The company is however showing that it can quickly attract investors back on board. Looking forward for some more nice movements.
TSLA the road to finest motor company in the world Hello folks,
I been big fan of Tesla as many others. The company is with great potential, but similar to Apple back in the 90s, it does have huge challenges on their path.
Recently, we been hearing apocalyptic prediction of analysis based on the bad numbers from manufacturing on production line, and added up tension on the big job cuts (?)... However, the market didn't react, that negative as the trend-line still keeps above that crucial 303 and even above 330-337, which are bottoms since last equate being sold from the company. This however can very easy change after tomorrow's news. The new truck.
Furthermore, we do see that the company is moving forward with new contract for a manufacturing in china and restructure of the loan with DB giving the company another 500mil to operate with.
Overall we are hanging on the bottom, but with slight positive though. Personally I saw a buy signal based on previous oscillations, but proceed with caution as their are some negative sentiments. This has been added up to the previous negative wave (check my idea, Big banks mixed feelings), which didn't prove to be valid, however it adds up. 313-303 absolute bottom atm.
Missed yearly pivot 2016GBPJPY has reached this year´s pivot.
Only last year is still missed, so price doesn´t like missed pivots and therefore it wants to get back on these missed levels.
3000 pips up!
Patience is the word.
BRENT - The long-term dilemma.Has oil already been priced at its lowest point on wave 3?
What if the fifth wave is done and the bear market is over?
Weekly close-up:
EURO is back babe, GBP is deadSo much sell, so little success. Markets have memory and it seems we are going back to the good times for the euro, while the GBPUSD seem to have trouble with brexit. While, the economy in Europe is much diversify, that of UK is much based on financial markets. The southern countries can benefit greatly from strong euro in the summer and manufacturing gains can be done in outside vacation seasons. I don't expect big sell before late Nov. or even beginning of 2018.
Just some thoughts.
Love you my UK friends, but the GBPUSD had its time... Euro on the other hand is still young.
Bearish wedgeFor all that the GBP/ USD has had a nice bull run for the last few months, there is a yearly resistance that price is currently in the area of which people might want to be aware of.
On the other hand, price has broken above the old resistance (dotted blue line) which is bullish in nature, but again, people should be consious that the dotted blue line coupled with the yearly downwards trend line does form a bearish wedge. Therefore there is potential (from a technical view) that price could shift to a less bullish tone.
Hopefully the above makes sense :)
