BTCUSD Andrew’s Pitchfork channels analysis
Posted by Alex on
December 7, 2020
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Category: Blog, FX TRADING GUIDE
BTCUSD is making a break above the median line of the long-term Pitchfork channel On the Weekly BTCUSD chart, we can see that the pair is breaking above the long-term uptrend Andrew’s Pitchfork channel median line resistance 16800 and is testing the rectangle resistance 20000 for an extension higher
Where to target Ripple breakout higher?
Posted by Alex on
December 5, 2020
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Category: Blog
Ripple is breaking above the long-term upside resistance What is happening with Ripple (XRP/USD)? We are seeing the MONTHLY November bounce off the support 0.27000 and a break above the long-term resistance 050500. Does this mean that the Ripple continues higher above the key long-term resistance 0.5050? Should you
Gold is retesting a previously broken resistance
Posted by Alex on
December 5, 2020
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Category: Blog
Gold is in a 3rd wave? Gold is testing 1840-1850 a previously broken hard downside resistance zone. A long-term rising channel with well-defined breakout levels is being broken. A confirmed break above 1850 is now crucial for an upside reversal. A rejection here and follow-through below 1850 are required
GBPJPY Andrew’s Pitchfork channels analysis
Posted by Alex on
December 3, 2020
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Category: Blog, FX TRADING GUIDE
GBPJPY did made a sideways break above the long-term Pitchfork channel On the MONTHLY GBPJPY chart, we can see that the pair is breaking above the long-term downtrend Andrew’s Pitchfork channel resistance 153 and has bounced off the channel resistance retest 134 to extend higher. We saw a perfect
Elliott Wave technical analysis with trading signals
Posted by Alex on
December 3, 2020
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Category: Blog, Elliot Wave trading analysis
Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA NASDAQ As with the other Indices, NASDAQ seems to be in the extension of the 5th wave from the 6620 bottom in a previous extended impulsive long-term wave. NASDAQ is breaking higher above ABC flat
NASDAQ is open to one more swing lower
NASDAQ was rejected from the falling channel top NASDAQ...
Read MoreDXY is reversing lower
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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