The German index is implementing the plan. Yesterday, a local RGR formation was created which behaved in a book-like manner. Unfortunately, I have not written it anymore because, as I mentioned in the “our policy” tab, he trades himself and I am not always able to reconcile it. Chart focusContinue Reading
Crude Oil did not behave as expected. I assumed a strong reaction to the data that turned out to be weak. The increase in inventories did not move the price so much that we could speak of a reversal or rebound in the price. When you see the chart, youContinue Reading
Due to the strengthening US dollar, we are waiting for another attempt to attack the resistance level. As I wrote earlier, the support and resistance become “weaker” with each subsequent attempt to break through. The third, fourth and each subsequent attempt to break the resistance indicate a strong pressure forContinue Reading
The resistance shown in the morning turned out to be so strong that the price failed to break. The condition for long positions was to break the resistance, while short positions are still present on the chart. As I wrote at the beginning of last week, I am still waitingContinue Reading
Last week had moments where he was able to surprise. There was no impact of macroeconomic data as we would expect. The swearing-in of Joe Biden has already largely been priced into the financial value. Crude oil prices (despite the significant difference between the forecast and the reading) did notContinue Reading
2020 as a good example The cryptocurrency market is a big opportunity for dishonest people. The relatively new technology allows the use of many proven theft and fraud methods that have been used in the currency, investment and direct thieving markets. Chainalysis has summarized the cryptocurrency crimes of 2020. 2020Continue Reading
Remember this entry: BitCoin in the wedge. No big turnover or preparation for a stronger move? The scenario is slowly working out. As the king of cryptocurrencies, BTC is entering a phase of deeper correction. We considered two options that resulted from the exit from the triangle. One of theContinue Reading
There are no people, there are BTC Can you imagine a city that no road leads to? A place where you can get by boat or fly by plane. This place is Norilsk city. A city cut off from the rest of the world, a city where its inhabitants feelContinue Reading
The New-Zealander to the Canadian corrected a bit faster than I expected, but as the saying goes: “the market is not a pharmacy”. The current rebound from the resistance gives us a positive signal for further price drops with the range marked in the image. For traders of this currencyContinue Reading
The Swiss currency continues in a downward trend, but recently we have seen several attempts to break the resistance. As we know, the level that is tested several times becomes weaker and therefore has a greater chance of breaking it. At the beginning of the week I was already gettingContinue Reading
