BakiShirzadi

BakiShirzadi

The 4 hourly chart of the EUR/USD pair shows significant divergence, The Momentum indicator, suggesting the pair may soon face a corrective decline. In the shorter-term, the 4-hour chart indicates decreasing buying interest but is far from suggesting an upcoming decline. For now, we can look for a nice 5% drop to support levels around 1.15XXX. However, on the...

BakiShirzadi

Sell it

BakiShirzadi

look for the C leg to come down

BakiShirzadi

With the pattern complete on BTC we can anticipate a sharp move down here as well.

BakiShirzadi

Hello Traders My forecast is one more downside for the completion of the C wave. That's why I want to take a short trade, I expect it shall fall like the A wave. I'm waiting for a correction to place a pending order below the recent low. I'll put SL over the current small correction. Trade with care. Baki

BakiShirzadi

Speaking of MACD, the indicator is at its divergence on the daily chart of GBP/JPY. That’s right around the time that the pair topped-out around the 140 level. The third quarter has been especially boisterous for bulls as the pair has surged from the 132 area all-the-way up to the 140’s, now started for a 5 % drop to come into play this week.

BakiShirzadi

This is an era of near-zero interest rates, even negative nominal interest rates in some cases, and vast money-printing. Key interest rates and sovereign bond yields throughout the developed world are below their central banks' inflation targets. The fast creation of currency has demonstrably found its way into asset prices. Stock prices, bond prices, gold...

BakiShirzadi

BUY

BakiShirzadi

Sell

BakiShirzadi

Sell

BakiShirzadi

buy

BakiShirzadi

Sell

BakiShirzadi

BUY

BakiShirzadi

BUY

BakiShirzadi

More downside

BakiShirzadi

More downside

BakiShirzadi

buy

BakiShirzadi

Sell