Daily price broke one of the 'reversal' Senkou Span line of Ichimoku indicator together with trendline to above: the price broke this line to be located inside Ichimoku cloud in the bearish ranging area of the chart waiting for the direction. Absolute Strength indicator is estimating the trend to be on ranging waiting for breakout/breakdown, and Trend Strength inticator is evaluating the future possible trend as the possible daily bullish reversal. If D1 price breaks 1.1045 support ...
In the meanwhile, don’t expect the market to settle down in the near-term, or really any time soon. What this means is that recent trends are likely to persist; it’s too early to catch the falling knife or attempt to be a hero. One such way to gain an edge is to monitor retail crowd positioning (analogous to commercial hedgers in the futures market), as the crowd has consistently been on the wrong side of these recent big moves. The fact that the retail ...
What happens now that Britain has voted for Brexit Britain has voted for Brexit. What happens now? Nothing immediate, is the answer for EU nationals living in Britain and Britons living elsewhere in the EU, as well as for businesses on both sides of the Channel. It will all depend on negotiations that could take years—and no one is sure quite how many years, because the only precedent is Greenland, with a population today of around 50,000, which voted to leave in 1982. The first aim ...
Daily price is breaking Senkou Span line (which is the virtual border between the primary bearish and the primary bullish trend on the chart) tobelow together with 1.1128 support level for the bearish reversal. The price formed descending triangle pattern to be crossed to below for the downtrend to be continuing, and Chinkou Span line is indicating the possible breakdown to be started in the near future. If D1 price will break 1.1128 support level on close bar so the reversal of the ...
H4 price is on breakdown for trying to cross 1.1210 support level from above to below on close H4 bar for the bearish breakdown to be continuing. Chinkou Span line is located to be below the price indicating the bearish breakdown.Absolute Strength indicator is estimating the bearish market condition to be continuing in the near future. Resistance Support ...
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