We failed to go lower after several retests, we should see price bouncing at this area of overweight in bayside liquidity potential for a buy upside above 1.265x break of this first high will open room for 1.27x and 1.28x later on
We are into the 3rd week of 2021 after we had a bounce off 57 highs on oil the previous week huge trend line touch (3rd touch) crucial for a rejection to the downside with evidence of a continuation pattern( head and shoulders) with price selling off a solid 200 points as of last week Price is currently hovering around the neck of this H&S pattern and very...
If your reading this your one of 3 people , you have been trading for more than 1-3 years without any success whatsoever that you can be proud of ,you are just in your beginning phase and you just can't understand why you can't get the hang of it(trading) yet you had a few good months in the start , you are unknowingly addicted to the idea of yourself being this...
Buyers of the aussie are holding bids @ 1.079x area and sellers are having to compensate their loses real quick as price tries to hold water at 1.0808x highs being tested multiple times ,over night trading in the asian markets will give push in price above 1.0808x zone and am expecting market reaction in london session above 1.082x area . With no economic data...
Hello everyone been away for some. time ,hope you all doing well with the current virus around affecting the entire world, just dropping some analysis on btcusd following last drop we predicted down to 5000$ in past months I see potential for btcusd to go upto 8000$ in coming days but you can take 6700 as your first target before. we go in for bigger picture .
On a larger view we have a bigger triangle on the daily time frame , we have breakout of price on the h4 and a potential retest at the moment providing a good opportunity for long positions on GBPUSD
We need some sort of relief from the recent drops in price and we have price bouncing right off the 61.8 fib on this bad boy looking for long positions solid 1-2/3 r:r and its pay day
So I'm away on holiday at the moment and am experimenting on a few ideas that have been running through my head these past few months so we are going to see one here with U30 the initial drop was inside a range for 3-4 phases before it drop and I went in to calculate the amount of points that it did and guess what it was about 1530 in price terms and after...
Another position am adding on to the yen basket of trades am on at the moment ,we could see this fly up couple hundred pips in next week or so good bounce off the 61.8 as well
As expected ,,at the start of the new year after an incredibly bearish end of 2019 on btc we had to get significant pull back ,smart money had to come in hard and get new thrust of upward momentum into the market to get proper shorting opportunities on this goldmine we call bitcoin Flash forward 2 months into 2020 we saw bitcoin go from 6000 unto 10000 per btc...
With increasing scares from the corona virus we will see gold push further to the upside mass hysteria about to attack the markets in the next 2 weeks ww should see some serious madness pushing prices upwards of 1700