USDTRY is in a long term uptrend and there is no clue of slowing down or any reversal sign, despite a huge pullback I’m very bearish on Turkish Lira because of Turkey geopolitical issues and sick economy. As you can see we have a pullback, and I think its a great opportunity to ride this Read more about Short Turkish Lira Against USD[…]
When it comes to triangles I can say it’s one of my best manual trading patterns, despite there is no evidence that show this patterns actually works but I really like to bet on this shapes. CADCHF is trading inside a triangle for very long time, the triangle is very clear if you look at Read more about CADCHF Weekly Triangle[…]
The pair is not traded much by retail FX traders but its one of the pairs I really I liked to trade for a very long time, it’s volatile and when it moves it moves really fast. GBPNZD was trading inside a channel for a long time, since mid-August of 2016 and it touched the Read more about GBPNZD Weekly Channel Breakout[…]
Like other indices, Nikkie was down in recent days and now we are seeing some signs of recovery, the recovery started after it touched the 2017-2018 trend line: As you see the trend line provided support three times and now it’s acting as a support level again, check the long bottom wicks of the last Read more about JPN225 Long Setup[…]
Weekly Trendline and Doji candlestick proves that the downwards momentum as stopped and is ready to reverse.
First, let me make it clear, I’m a Bitcoin maximalist and what I say represents my thoughts about Bitcoin so if you are a shitcoin believer please stop reading here. Bitcoin is crashing again and it wasn’t something unexpected, anything that goes up will come down, is it true? Lots of people jumped in Bitcoin at Read more about What is Happening with Bitcoin?[…]