APPLE monthly elliott wave chart

Is APPLE bonanza coming to an end?

Posted by Alex on  October 24, 2020
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Category: Blog
APPLE reversal months after parabolic rise   What is happening with APPLE stocks? We are seeing the second-month parabolic rise from March 2020 slowing down. Does this mean so long wait for a healthy pullback is over? Should you be building the buying position…If we look at the monthly chart
GBPJPY weekly price action chart

GBPJPY is testing the breakout resistance

Posted by Alex on  October 24, 2020
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Category: Blog
GBPJPY is testing the medium-term uptrend line   GBPJPY is testing 135.40 a strong downside REVERSAL resistance as we can see on the weekly chart. A long-term triangle with well-defined breakout levels has been broken and the pair is in the consolidation range. A break below 135.40 is crucial for

Cryptocurrencies trading analysis and signals

Posted by Alex on  October 22, 2020
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Category: Blog
Cryptocurrencies trading analysis and signals for Bitcoin, Ethereum, EOS, Ripple   Ethereum As predicted in our Ethereum top-down analysis the instrument is testing previously broken upside horizontal resistance 350-400 zone. It is reacting on 350 and is bouncing off this level. As long as the price action is above 300

Elliott Wave technical analysis with trading signals

Posted by Alex on  October 22, 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 is reaching the potential end of the 5th wave from the 6620 bottom in a previous extended impulsive long-term wave. As we said, we saw a limited upside
AUDCAD weekly Pitchfork channel

AUDCAD Andrew’s Pitchfork channels analysis

Posted by Alex on  October 17, 2020
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Category: Blog, FX TRADING GUIDE
AUDCAD is being rejected from the downtrend channel resistance   On the weekly AUDCAD chart, we can see that the pair has bounced off the downtrend long-term Andrew’s Pitchfork channel 0.8050 support line. We saw a perfect bounce off this support and the pair has gone for the upside channel

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