Daily shows it respecting a trend line. UC just had a double bottom, but where will it stop? At the trend line to follow the down-trend finally breaking through the support?
Don't be a sheep & follow the herd. Buy stops above the highs - Sell stops below the lows. Institutions love to set patterns, only to dip below it grab that money, and continue back in the original direction. Screenshot shows part of the equations, but tutorials do not allow for anything less than 15m timeframes. The 5 min was has the PERFECT setup, I wanted to...
Higher time frames on many GBP pairs are showing descending triangles. Recent News of Brexit - www.independent.co.uk And Per this article - www.bbc.co.uk "What's happening now? The UK has voted to leave the European Union. It is scheduled to depart at 11pm UK time on Friday 29 March, 2019 . The UK and EU have provisionally agreed on the three "divorce" issues...
According to trends, levels, support and resistance.
I think NU will push higher to .69ish area before going short again.
USD CHF Finished it's T CUP pattern, followed by the completion of the handle. Overall, the trend is bullish. I for see the trend to continue. "The cup and handle is a bullish continuation pattern. It is marked by a consolidation, followed by a breakout. Once the pattern is complete, the stock should continue to trade upward, in the direction it was...
I don't think this will play out like I had drawn up several days ago. What I see is a Pole, Flag pattern. I think tonight it will move slowly up, possible another 40 pips to 146.00. Tomorrow 7 am we have GBP news of .... MPC Official Bank Rate Votes (red) Monetary Policy Summary (red) Official Bank Rate (Red) MPC Asset Purchase Facility Votes (orange) Asset...
Bearish market - Looking for shorts. H & S Forming. Possible retest of the trend line coming down (129.500 - 130.00) Time Will Tell
Based on trend, technicals, and quarter theories. FX:EURUSD