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
XRPUSD weekly price action

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 weekly chart

GBPJPY Andrew’s Pitchfork channels analysis

Posted by Alex on  December 3, 2020
Comments Off on GBPJPY Andrew’s Pitchfork channels analysis
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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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

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