YungFinance

YungFinance

BULL SCENARIO: BREAKS THOUGH PREVIOUS RESISTANCE AND STARTS BULLWAVE BEAR SCENARIO: BREAKS TRENDLINE AND FALLS BACK INTO ITS REGULAR DOWNTREND

YungFinance

AS THE EURO CONTINUES ITS PATH DOWNWARDS, WE MUST PAY ATTENTION TO POTENTIAL AREAS OF SUPPORT. HERE I HAVE INDICATED ALL UPCOMING SUPPORT LEVELS THROUGH PRISM ANALYSIS AS WELL AS POTENTIAL SUPPORT LEVELS FROM THE CHARTS HISTORY. BY LOOKING AT THIS CHART, IT SEEMS AS IF THERE IS NOT MUCH SUPPORT UNTIL WE ARE CLOSE TO PARITY (1.00). PARITY IS A MASSIVE...

YungFinance

PRISM SUPPPORT NOW BROKEN, WATCH FOR NEXT SUPPORT BREAK

YungFinance

HISTORY WILL CONTINUE TO REPEAT ITSELF IN EVERY ASPECT OF LIFE UNTIL WE BEGIN TO EXPECT IT. FOR SOME REASON, WE HAVE YET TO LEARN OUR LESSON IN THE TECH SECTOR. THIS CHART PROVIDES TWO OF THE GREATEST TECH PUMP AND DUMPS IN THE HISTORY OF TECH STOCKS, NORTEL NETWORKS AND BLACKBERRY. IN THEIR PRIME, THESE COMPANIES WERE KNOWN TO BE THE HOTTEST COMPANIES IN TECH....

YungFinance

ALL CURRENCY PAIRS IN WHICH THE USD IS THE DENOMINATOR HAVE BEEN FOLLOWING A SIMILAR ARC SHAPE SINCE THE 2009 RECESSION. AS WE CAN SEE HERE, JPYUSD, CADUSD HAVE REACHED THEIR PREVIOUS SUPPORT AREAS. ONE CURRENCY PAIR THAT HASNT REACHED ITS PREVIOUS LOW IS THE AUDUSD. ALL MARKETS WORK TOGETHER, THEREFORE I BELIEVE THIS PAIR IS LAGGING COMPARED TO IS RELATIVES....

YungFinance

AUDUSD HAS BEEN FORMING A MONTH-LONG WEDGE, AS WELL AS A DOWNWARD PITCHFORK. AUDUSD IS ABOUT TO INTERACT WITH THE BOTTOM SUPPORT OF THE WEDGE, BOTTOM SUPPORT OF THE PITCHFORK, AS WELL AS HITTING A FIB LINE. IF BOUNCES, LONG, IF BREAKS ALL THREE SUPPORTS, MAJOR WEAKNESS SIGN. CREDIT TO: ICETRADING FOR THE ORIGINAL PITCHFORK CONCEPT.

YungFinance

"WHY YOU SHOULDNT BE WORRIED ABOUT ANOTHER RECESSION, AND WHY YOU SHOULD BE DUMPING YOUR MONEY INTO THE STOCK MARKET RIGHT NOW" "INVEST IN AMERICAN INDICIES, SLEEP FOR 20 YEARS, AND WAKE UP RICH" @YUNGFINANCE

YungFinance

UPCOMING SUPPORT LEVELS FOR EURUSD: 1.07689 1.02866 1.01068 1.00 (PSYCHOLOGICAL BARRIER) 0.96072 ETC. ETC, NEXT FIB SUPPORT AT 1.00, NOT MUCH UPCOMING SUPPORT, EURUSD WILL MOST LIKELY BREAK PARITY (1.00)

YungFinance

YOU FORGOT ABOUT TA

YungFinance

A BEGINNER EXPLANATION TO HOW A WEDGE WORKS (EURUSD)

YungFinance

_

YungFinance

USDCAD is currently forming a descending wedge, stalling at a relative double top from 2009's high, hovering around fib resistance, as well as a stalling supertrend (for now). Next moon cycle (March 5th, 2015), might bring forward some volatility to see if the trend continues or reverses. As well, Canada's economy seems to be heating up again, (Rates not changed...