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 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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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 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 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
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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