DJIA Pitchfork channel

DJIA Pitchfork channel analysis

Posted by Alex on  August 22, 2021
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Category: Blog, FX TRADING GUIDE
DJIA is heading to 37000   The Monthly DJIA chart shows that the instrument is moving in Inside Andrew’s Pitchfork long-term uptrend channel resistance line 37000 and is consolidating ever since the break above 33000. As long as the instrument is above 33150 we are expecting the upside continuation. Invalidation

GBPJPY big squeeze

Posted by Alex on  August 21, 2021
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Category: Blog
BECOME PREMIUM MEMBERS TRADE FOREX AND CFD’S WITH FUNDED TRADER ACCOUNT! choose account with no profit target! GBPJPY back to 150 before another 156 test?   GBPJPY is testing the long-term strong support 149 and a bounce from here is required for the upside continuation. A break below 149 is

Elliott Wave technical analysis with trading signals

Posted by Alex on  August 18, 2021
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Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD   EURUSD EURUSD is swinging down in the 5th wave which could end at 1.2250 but more likely at 1.2600-1.2700 after this ABC 4th wave correction. Invalidation will come only in the case of a confirmed break
EURUSD monthly Pitchfork analysis

EURUSD Pitchfork channel analysis

Posted by Alex on  August 15, 2021
Comments Off on EURUSD Pitchfork channel analysis
Category: Blog, FX TRADING GUIDE
EURUSD is breaking below the long-term uptrend channel    The Monthly EURUSD chart shows that the pair has broken below the  Andrew’s Pitchfork long-term uptrend channel downside resistance line 1.23500 and is consolidating ever since with one backtest of the broken resistance. This breakout could lead to a downside continuation.

Oil support hit and run?

Posted by Alex on  August 14, 2021
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Category: Blog
BECOME PREMIUM MEMBERS TRADE FOREX AND CFD’S WITH FUNDED TRADER ACCOUNT! choose account with no profit target! Oil pulling back to support for a home run?   Oil is testing the long-term strong support 65 and a bounce from here is required for the upside continuation. A break below 60

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