EUR USD personal forecastForcast of what i think is a likely scenario for EUR/USD
Just for my own reference really
Any advice is taken into consideration.
Stoch looks overbought and TDI tip toeing around the edge of making that cross down.
Previous red Heikin Candle indicating a slowing of daily momentum to the upside.
New trader definitley not advice or a signal
Forcast
WAIT PULLBACK ON RESISTANCE - 6J1! JAPANESE YEN TRAPPED IN RANGEThank you for your likes! Really appreciated! Thank you to share with everyone in the community.
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The market is trapped in a range . Wait for a break of the support/resistance.
The resistance has been tested several times . this has increased the probability of seeing a pullback
happening again at that price level.
Solution:
- Wait for pullback on resistance or break of support before entry.
-If you are already in, take your profits when possible and wait strong signal to enter again.
Wonka! We have gone far enough!Round the world and home again
That's the sailor's way
Faster faster, faster faster
There's no earthly way of knowing
Which direction we are going
There's no knowing where we're rowing
Or which way the river's flowing
Is it raining, is it snowing
Is a hurricane a-blowing
Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a-glowing
Is the grisly reaper mowing
Yes, the danger must be growing
For the rowers keep on rowing
And they're certainly not showing
Any signs that they are slowing
Fitting lyrics from the movie Charlie and the Chocolate Factory.
GBP JPY FORCAST Next week will be looking for sells for GBP JPY but I wont be rushing into any trades going to sit on my hands and wait till we approach resistance level which we have now rejected multiple times.
you have to be careful in these levels as you will find big spikes that look to wipe out your stop loss
#BTC Review [April, 17th]: week end scenario#REVIEW BITCOIN
Pump didn't face $7300 resistance which is still ok, cause we still have a gap which must be closed today. Volumes are still good.
The best option for growth continuation is to close the GAP today, dump at weekend and form a new gap above the Monday opening price at the same time.
AUDNZD-Short (UPDATE/FORCAST!!)Steady stair step ascending wedge patteren
Price broke through support channel
Signal 1- Heavey seller momentum at (1 Apr '20 08:00)
Signal 2- Followed by several red candles closing bearish on 4H chart
Tp1- 1.01182
Tp2- 1.00228
UPDATE!!
Retracement reacting to support>>> New resistance
Excpecting one or two small retracements before bearish move.
Holding position over the weekend
Eth reached as predicted approx 125 target!Look my previous forecast(IF DIP HAPPENED) in link and then you can relate this with it.
We are on longer string which is very possible to pull back and we all can avail this opportunity.
wait for the right signal to enter !
Remember these markets have risk, therefore management is a key here!
Have safe trades!
Good Luck (Y)
GBP/USDHere you can see that I drew a rising wedge to track down the bearish move, I marked up how many pips was the last range and estimated how many pips I wanted from that trade. the market at this time was moving incredibly slow and missed the full range by 8 pips but that is ok because I wouldn't want to be that greedy and secure the full 192 pips that was predicted.
teslahere my view on #tesla, hope this help you build up your position before the next spike happen, enjoy the ride, if this helpful pls hit the like, and comment, for any feedback, and subscribe for more like this set up,
pls be aware trading is risky use proper risk/trade management and investigate properly before taking any trades...
Turkish lira - correction !Turkish lira is near to its end, bow trading at 6.1096. Long term technical analysis shows corrections of this trend to S1 support level 5.9880, next target can be S2 level. This levels are calculating based on long term fibonacci retracement, also confirmation fo our analisys can be pattern wedge with trendlines T1-T2. Crossing of T1 will be a signal to sell USDTRY.
Bitcoin's road into 2032This is the most conservative and optimistic outlook short term as long term I can think of as provocative as it may look...
This chart incorporates data from 2014 up to 2032 influenced by fundamental ideas stated in "The Bitcoin Standard", macro analytic data from Martin Armstong's study "The Economic Confidence Model", chart patterns inspired by Opticalart and the ideas stated in Tyler Jenk's article "The Long And Winding Road To A $10 Million Bitcoin" as well as his Hyperwave study that predicts a return to the $1000 base at some point during the capitulation phase that I think has yet to happen.
According to the seen drawings, capitulation should take place around December this year with a sharp violent bounce back to the $5000 mark followed by a year-long stagnation and momentum built up in the $3000 range and a slow but steady rise back with $20000 highs being broken during '24 and the final move towards first $500000 by '26 and then 10$ million by '32 entering Armstong's next economic cycle with Bitcoin becoming the global reserve currency.