Shorting based on the drawn channel
Posted on this move quite few times ago with in and exits when
Level is at 2x expansion of 2016-2018 low-high Targeting 1.618 expansion as shown on left side of the graph Aussie is very cheap at this historic level
Post pandemic recovery should be done now Short related to incoming riots
USoil crashed today Shortly Brent will follow, and USDNOK to go up Not much movement has happened yet, good time to enter
Earnings will start coming this week, (mostly negative as the bite from coronavirus will be felt now) Low risk is seen, as price is close to top of the shown ascending channel
Price to retrace, fundamentally trump follows market and will tweet / do something about it technically 200 day moving average is there Then big drop will happen to 2820 - 2860 area
Only argument for this idea is a technical correction (no fundamentals supporting a fall in shares at the moment)
Believe this is all time high before the coming recession. Price will dip to 2600 area as first wave of ABC correction...
Anticipating a surprise move in Ripple, but not sure when it ll happen Crypto s are as bearish as it gets today, but 20c entry is a bit solid for ripple. With some patience, maybe price will hit 18c and buy there, or wait when Bitcoin hits 4800$ then buy ripple.
Shorting at trend line again, this time it coincides with a fibonacci expansion from 2000
Previous idea modified on expected outcome from tonight's FOMC
Expected drop in shares will drag oil prices down. As oil prices made it safe beyond risks of supply shortage from Saudi plant attack.
Risk reaction will continue till 1615 (some fib. retracement), then with the FOMO effect loads will buy gold, and big institutional traders will then short the gold to squeeze profit out of them. First to 1400 with fluctuations there, then down to 1200. Then they will cancel most other traders with the trick move, and the real gold price ascent will happen from...
Ripple has failed to cross the logarithmic trend line that turned from support to resistance. Despite drag from last weekend's pulse in bitcoin. Ripple is very likely to retest the support trend line at around 0.215