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Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
Sunday, January 31, 2021
Friday, January 29, 2021
AUD/JPY forex chart
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| Channel Down identified at 28-Jan-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 80.4435 within the next 3 days. Supported by Upward sloping Moving Average | ||||||||||||||||||||||||||
Thursday, January 28, 2021
GBP/JPY
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| Channel Up identified at 28-Jan-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 141.2835 within the next 2 days. | ||||||||||||||||||||||||||
EUR/GBP
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| Channel Down identified at 28-Jan-02:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.8918 within the next 2 days. | ||||||||||||||||||||||||||
Tuesday, January 26, 2021
COMP Gold Ounce (USD)
| At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification | ||
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| | Symbol : COMP Gold Ounce (USD)  | |
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| Direction : Identified time : 2021-01-26 09:31 EST Breakout price : 1859.47 Forecast price : 1863.82 Forecast pips : 435 Probability : 65.45 % | ||
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