The average directional index (ADX) is used to quantify trend strength. In many cases, it is the ultimate trend indicator. It's clear from the chart that the ADX has bottomed and there is no strength left in the trend. This shows that BTC has entered accumulation since Dec 2018 and there's very little chance of seeing new lows
Hi, today i wanna discuss about cylic analysis. this is long term projection for "position trader", coz opening position not only for month, but for years. In this analysis we focus to 6 years cycle, you can see that EURUSD perform a big 15 degree parallel channel up, still not break for 39 years, and still valid. If we look cyclic lines, bearish take 6 years...
Oil is favoring a long position owing to the trendline in the figure. The Risk:Reward is favorable.
Price dropped from the overbought area and this is a clear indication that buyers are losing control from top and seller are trying to control the market and we have got our LL/LH formation for a downtrend continuation.
As per Fib, and time cycle , expect levels as per chart shared with upp res in red rectangle zone.
Bottoming out, Multiple Divergence, Highly Oversold, Now No more positions are being built up according to chart. Short covering expected.
Bottoming out, Multiple Divergence, Highly Oversold, Now No more positions are being built up according to chart. Short covering expected.
i am bearsih on the stock and would like to go short with proper stop loss and entry and exit levels /.
High Risk/Reward Ratio on UNION BANK OF INDIA Stock to go long here. Exposure to Gitanjali Gems NPA has been blown out of proportion in relation to this stock. Time to be greedy when others are fearful. Getting behind this stock at these price levels which havent been since since early 2007 becomes a smart play.
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD disclaimer... this is not an investing/trading advice
i expect the stock to retest lower levels of 280 , 260 ! lets wait and watch !! short term ups and downs comes and goes !
Investor levels indicated in chart
Will like to go short on the above stock , with stop loss of todays high !
It has been observed on the monthly chart that the price action is forming a higher high, higher low sequence indicating a strong breakout from a current resistance zone of 140-150 levels. It has a strong fundamentals to support the next move up. T1- 170 T2-210 T3-300 SL -125
buy , sell & stoploss shown in chart. disclamier: viewer are advised to trade at their own risk.