Monthly Archives: September 2019

USDNOK reversed from resistance, potential drop!

USDNOK reversed off its resistance at 9.01000 where it could potentially drop further to 8.80785. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited […]

XRP Road Map

Here is a road map for you to follow on XRP. Price action never lies, broken trends establish broken market structure. Broken trend confirmation 1, moving average cross confirmation 2, Pullback entry of the first lower low or higher high. Only trading you need, is off the daily high or daily low. This is the […]

GOLD SHORT TRADE

Bull rally since the last 2 months created by the uncertainty in the global market has been pause for the past few trading days. currently forming a head & shoulder pattern that indicate a reversal move might happen. wait for the breakout of the trend line and a retest of the neck line before placing […]

Bitcoin – When Breakout…???

BTC is inching closure to breakout, it is just matter of time when…!!! It is consolidating in the range between 12k to 9.6k for quite some time after hitting ~14k. Bakkt launch, global slowdown, institutional money are some of the fundamental aspect which will push Bitcoin price apart from technical aspects. Facebook Libra did great […]

BTC 4 Hour Chart Quick Analysis

I think BTC may be primed for a leg up. 1) WaveTrend_Momentum Indicator. Look back in the last few days. Each time the wavetrend indicator displayed a similar value, btc eventually went up in the following 4-6 candles. 2) Keltner and EMA . Breaking above into the upper channels of the Keltner will serve to […]

View on CAD/JPY (17/9)

Price is at resistance zone . If today candle closed as a rejection candle, it would qualify as a Lre trade. next support – 80.8 Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of […]