USDJPY Weekly chart: in a downtrend and struggling on the 200 EMA line. If this breaks and continues lower, we could see a move down in long term towards the missed yearly pivot of 2015 and the missed yearly pivot of 2014. Like 2000 pips lower
Almost all the cryptocurrencies have touched there Monthly pivot of August, but Gridcoin Research not. The month is getting on its end, and needs to close with a clean chart. We hope to see a bullish move during the next 5 days.
Gold 4H chart: We can see a triple top, but also a channel where price level just touched the upper level. And Overbought signal on the RSI. With the candle at this moment, we can see the struggle between bulls and bears. (Who will win this time?) What I expect is a bearish movement again. This time towards the monthly pivot of August at 1248.5 Lets hope all...
Formation of head and shoulders. Waiting to cross line below. Target Missed weekly pivot or further towards 200 EMA line
The Daily chart of the Stellar/Bitcoin is still falling. While we have started with the month of August, we observe that price is now missing 3 monthly pivots in a row. This situation is very unlikely to maintain. Experience in the past proof that the market needs a correction to get back at one or more of these levels. Therefore we can see sideways movement as a...
Into a uptrend, because it went above my 14 EMA. Testing fibonacci, it will go towards it´s D extension.
Dax gives oversold and seems to correct its bullish move for now. Possible take profit in the move could be first missed monthly pivot.
Inside Day bar! So possible sell position on the end of the day. Watch out. Could be a retest moment of my 14EMA indicator. Or it can go to take out the missed weekly pivot lower. About 80 pips profit.
The daily chart seems to have 3 missed weekly pivots. By the break of the trendline I want to sell with TP to the first missed weekly pivot. Could be a run of about 300 pips lower.
The price has touched the downside of the channel. I will wait on the trendline break and the go in to a buy position. TP can go up to the upper trendline of the channel.
The daily chart has a doble bottom with a strong resistance/support line. Stay tuned, because it will break and go up.
In the make, second shoulder. after trendline break bullish oportunity
Finaly the yearly pivot of 2016 is hit. the trendline is broken and the rest of the indicators are yelling up. Could this be the start of the move up?
GER30: During the last months we see a downtrend in this index GER30 and now a possible Pull Back!! What about Fib retracement. We can see that there is a retracement made back to the 38% and now moving down again. Technicaly could be our next goal the 127% line as possible profit target. What is your opinion? - Short on the trendline break?
Looking the weekly chart, we see that the longer term move is downwards. Also placing a band over the tops and the lows, we can see that the monthly pivots of April and March are still not hit. counting candles between the earlier points, it can take about 8 weeks before it hits the lower line. Lets cross fingers and simply wait for the ride.
USDJPY It is far out of its boundery of BB800 and waiting to come back. Now we can see a cross on the trendline. Hopefully it wil rise towards 112.360 Start small and add to the trade while it goes in our favor.