Copper Pitchfork channel analysis
Posted by Alex on
July 18, 2021
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Category: Blog, FX TRADING GUIDE
Copper broke above the Median line of the long-term uptrend Pitchfork channel The Monthly Copper chart shows that instrument has broken above Andrew’s Pitchfork long-term uptrend channel median line 4.26. We are seeing a pullback for a retest of this level and this is a support for the uptrend
BECOME PREMIUM MEMBERS TRADE oil AND OTHER Commodities WITH FUNDED TRADER ACCOUNT! choose account with no profit target! Oil is rejected from the 77 resistance Oil seems to be completing 5 waves from the bottom long-term strong resistance confluence 77 has been tested and Oil is rejected here. This is
Elliott Wave technical analysis with trading signals
Posted by Alex on
July 14, 2021
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Category: Blog, Elliot Wave trading analysis
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
USDJPY Pitchfork channel analysis
Posted by Alex on
July 11, 2021
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Category: Blog, FX TRADING GUIDE
USDJPY is breaking above the long-term downtrend Pitchfork channel The Weekly USDJPY chart shows that the pair has broken above Andrew’s Pitchfork downtrend channel dating back from 2017. This break above 108 could lead to an extension higher into 120 if the 108 support holds. A confirmed break above
BECOME PREMIUM MEMBERS TRADE ftse AND OTHER Indices WITH FUNDED TRADER ACCOUNT! choose account with no profit target! FTSE is testing the all-time high  FTSE bounced from the long-term strong support confluence 4600 and has now reached the previous high from 2019. This is now a strong upside resistance
NASDAQ is open to one more swing lower
NASDAQ was rejected from the falling channel top NASDAQ...
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DXY is breaking below the H&S neckline DXY has...
Read MoreGBPUSD is extending higher
GBPUSD is bouncing off the support GBPUSD is bouncing...
Read MoreEURUSD is breaking above the strong resistance
EURUSD is extending higher EURUSD is briefly breaking above...
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