Time to say “Bye” (not “Buy”) Bitcoin?

In our last post dated 7th October 2018 on “Future Price Objective of Bitcoin Crypto-Currency: XBT/USD” we wrote, “Now if the close of Bitcoin Crypto-Currency is staying above or below the said 2 support and 2 resistance lines then there is a possibility of a price move up or down respectively”. Price after breaking our designated support lines at around 6,258 and 6,105 levels, collapsed more than a massive 3,000 points within a month only.

In this post, we have highlighted the possible future price movement of Bitcoin Crypto-Currency (XBT/USD) with the help of our Technical Analysis as shown below. There are 2 time frames in which we have done our analysis, viz. Yearly and Monthly.

The chart below shown here is a yearly time frame chart of the Bitcoin Crypto-Currency (XBT/USD) pair. The Fibonacci is drawn from the lowest value of 0 USD to the highest value of 19,764 USD achieved last year. Now the last support line out of the drawn Fibonacci (88.6%) can be seen at 2,253 level. At the time of writing this post, Bitcoin is trading at 3,427 level as shown below. The difference between the said support line and the current price is 1,174 points.

Bye Bitcoin?

The next chart below shown here is a monthly time frame chart of the Bitcoin Crypto-Currency (XBT/USD) pair. The horizontal support line is drawn from the swing high value of 2,980 USD achieved last year in the month of June. At the time of writing this post, Bitcoin is trading at 3,427 level as shown below. The difference between the said support line and the current price is only a mere 447 points.

Bye Bitcoin-Monthly

Now we need to observe closely the said 2 support levels as of now, i.e. 2,980 and 2,253. The break of these supports can be disaster for the crypto named Bitcoin.

Our post dated 7th October 2018:

After going through this Bitcoin Crypto-Currency (XBT/USD) Technical Analysis, you will be in a position to understand the following:

  1. Why Price of Bitcoin Crypto-Currency (XBT/USD) is doing what it is doing as of now,
  2. What are the specific support and resistance levels for Bitcoin Crypto-Currency (XBT/USD) we are illustrating here according to our current observation,
  3. What Price of Bitcoin Crypto-Currency (XBT/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis for the Bitcoin Crypto-Currency (XBT/USD) Market.

Bitcoin Crypto-Currency

1> Why Price of Bitcoin Crypto-Currency is doing what it is doing as of now: Price of Bitcoin Crypto-Currency at the time of writing this blog post is 6,540. As of now the price of Bitcoin Crypto-Currency is trapped between the resistance line drawn from the swing high of 23rd of September 2018 to the swing high of 4th of October 2018 (below pink line) and the support line drawn from the swing low of 25th of September 2018 to the swing low of 3rd of October 2018 (green line below):

Bitcoin Crypto-Currency Support-Resistance

2> What are the specific support, resistance levels for Bitcoin Crypto-Currency we are illustrating here according to our current observation: The long-term trend line support is generated by joining the 2 swing lows of 24th of June 2018 and 29th of June 2018 for Bitcoin Crypto-Currency. Price also has created a secondary medium-term support line drawn by joining the 2 swing lows of 14th of August 2018 and 19th of September 2018 for Bitcoin Crypto-Currency. The long-term trend line resistance is generated by joining the 2 swing highs of 25th of July 2018 and 28th of September 2018 for Bitcoin Crypto-Currency as shown below:

Bitcoin-Crypto-Currency

3> What Price of Bitcoin Crypto-Currency can do in future if the said Market Structure matures: Now if the close of Bitcoin Crypto-Currency is staying above or below the said 2 support and 2 resistance lines then there is a possibility of a price move up or down respectively.

4> How you can take advantage of Our Technical Analysis for the Bitcoin Crypto-Currency Market: To technically identify the next possible price objective for Bitcoin Crypto-Currency in the Professional way so that it will be easier for you to Trade Bitcoin Crypto-Currency pair in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn how to trade Bitcoin Crypto-Currency with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Crypto-Currency Trading Strategy will guide you through every step of your trading in Bitcoin Crypto-Currency and explore the possibility of earning extra income. Learn what all other Crypto-Currency Pairs we are Trading in our  Crypto-Currency Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

Commodity Lumber Trading: Technical analysis as on 30.11.2018

Commodity Lumber has lost a massive 34,841 points in the last 6 months.

Commodity Lumber had printed the lowest low in January 2009. That low value which Commodity Lumber printed in January 2009 was 13,790.

Commodity Lumber had printed the highest high in May 2018. That high value which Commodity Lumber printed in May 2018 was 64,702. It took 9 years and 4 months, from January 2009 to May 2018 for Commodity Lumber to rise 50,912 points.

After rising 50,912 points in 9 years, Commodity Lumber has lost a massive 34,841 points in the last 6 months as shown below. Let us do the technical analysis of Commodity Lumber as of now.

Commodity Lumber Trading

The Fibonacci for Commodity Lumber is drawn from the swing low of September 2015 to the swing high May 2018. The drawn Fibonacci for Commodity Lumber has generated a support point at 78.60% level at 30,775. The most important point to watch from here for Commodity Lumber is to see whether its value is further depreciating to the next level of Fibonacci which is 88.60% at 26,458 or Commodity Lumber is getting a support at 78.60% Fibonacci level at 30,775.

Now at the time of writing this post, Commodity Lumber is at 32,687.

All these levels are the result of Our Power of Scientific Method of Market Analysis. Through this Scientific Method of Market Analysis for Commodity Lumber Market, we identify the Demand or Supply zone much before.

Now learn how to trade Commodity Lumber Market as a commodity with us to explore the possibility of earning passive income keeping your day job. Commodity Lumber Market can be traded through Our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Lumber and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Lumber as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

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See what is happening to Shares as per our Blog Post @ Oct 28, 2018

Are you observing what is happening to Shares as per our Blog Post @ Oct 28, 2018? In our Blog Post dated Oct 28, 2018, we observed and highlighted a lot of technical signals which were pointing to a possible start of a Bear Market in Stock and Index Trading. We only analyze the situation as it is happening NOW in the world stock marketplace which is also affecting the Index Trading worldwide in a big way.

In this post, we will analyze different Markets for taking advantage of the movements in Shares viz. AAPL (Apple Inc), AMZN (Amazon.com Inc), COH (Cochlear Ltd) and CSL (CSL Ltd) as shown below. The time frame for which we have analyzed these Markets is Daily.

  • Shares of AAPL (Apple Inc): The share price of Apple Inc (symbol: AAPL) is tumbling from the high of Nov 01, 2018 at 222.68 to a low of 172.20 on Nov 23, 2018. This is a humongous fall of 22.67% or 50.48 points as shown below:

Shares of AAPL Inc

  • Shares of AMZN (Amazon Inc): The share price of Amazon Inc (symbol: AMZN) is tumbling from the high of Nov 08, 2018 at 1783.66 to a low of 1501.81 on Nov 23, 2018. This is a humongous fall of 15.80% or 281.85 points as shown below:

Share Price of Amazon

  • Shares of COH (Cochlear Ltd): The share price of Cochlear Ltd (symbol: COH) is tumbling from the high of Nov 02, 2018 at 181.94 to a low of 155.75 on Nov 19, 2018. This is a huge fall of 14.38% or 26.17 points as shown below:

Share Price of Cochlear

  • Shares of CSL (CSL Ltd): The share price of CSL Ltd (symbol: CSL) is tumbling from the high of Nov 09, 2018 at 194.45 to a low of 173.20 on Nov 21, 2018. This is a big fall of 10.94% or 21.27 points as shown below:

Share price of CSL Ltd

To take advantage of these new turning points in the worldwide share trading markets, click here.

Our Unique, Proprietary and most accurate Trader Foundation Course have the capability to identify these market turning points at a regular interval which we share with our Paid Clients.

When you are trained by us and learn how to trade Stock Markets by taking advantage of our Knowledge and Expertise in the field, you can be benefited on a regular basis in Stock Markets like AAPL (Apple Inc), AMZN (Amazon.com Inc), COH (Cochlear Ltd) and CSL (CSL Ltd).

With our Proprietary Trader Foundation Course for Stock Markets like AAPL (Apple Inc), AMZN (Amazon.com Inc), COH (Cochlear Ltd) and CSL (CSL Ltd), you can be benefited on a regular basis on other Stock Markets.

To Trade Stock Markets in the Professional way and to find out the answers to all your Shares Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

We will not only handhold and guide you in the following aspects of the Professional way of Stock Markets Trading but also will actually show you how we Trade Share CFDs for a living:

  • Introduction to Trading Different Markets
  • Index Market Facts, Timings, and its Framework
  • How to take advantage from major Market Participants
  • Index Trading Nomenclature
  • The relationship between Worldwide Indices
  • Dow Jones 30 vs.US Dollar Index
  • Swaps, Spread, Slippage
  • Fundamentals factors moving Markets
  • Order Types, Leverage, Margin
  • Trade Risk, Trade Reward, Favorable Reward to Risk
  • Account Risk, Basic Position Sizing
  • Introduction to Technical Trading
  • Index Market Structure
  • Market Mechanics and Dynamics
  • Market Mapping
  • Advance Trade Sizing
  • How to identify in advance Market Reversals
  • How to evaluate new price action before it unfolds
  • Our own proprietary Bar by Bar Market Analysis
  • You will come to know What to do & what not to do when
  • Our proprietary Money & Risk Management Strategies
  • Capital and Portfolio Management System
  • Performance Analysis of Bar by Bar Market Analysis
  • Professional Trader Mindset including Major Mistakes to be avoided

Now you can trade Stock Markets with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Stock Markets Trading Strategies will guide you through every step of your trading in Shares and explore the possibility of earning extra income.

Learn what all other national and international Stock Markets we are Trading in our Shares Trading Asset Class.

Develop yourself as a professional trader capable of capturing second income in the future with us.

Become a Member to grab these Market Sync based Stock Markets Trading Opportunities in the future by clicking here.

Please click on the Contact Us link: Goo.Gl/2SRZoG

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Useful Links:

Learn Share Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Learn how to Trade the Directional Share Market. Get mentored in the art and science of Share Trading in our proprietary 6 months developmental course. Derive benefit from our effective Share Trading Strategies.

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage etc.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System e.g. Stock CFD Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge e.g. Stock CFD Trading

.

AUD/USD Technical Analysis

Australian Dollar- AUD/USD Technical Analysis: In this post, we have highlighted the possible move of Australian Dollar (AUD/USD) with the help of our Technical Analysis as shown below. The charts shown here are monthly aand weekly time frame charts of the Australian Dollar (AUD/USD) Forex currency pair.

After going through this Australian Dollar (AUD/USD) Technical Analysis, you will be in a position to understand the following:

  1. Why Price of Australian Dollar (AUD/USD) is doing what it is doing as of now,
  2. What are the specific support levels for Australian Dollar (AUD/USD) we are illustrating here according to our current observation,
  3. What Price of Australian Dollar (AUD/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis For The Australian Dollar (AUD/USD) Market.

AUD/USD Technical Analysis

Above chart is a monthly chart for AUD/USD forex currency pair. The support line is drawn from August 2015 from which price got bounced in October 2018 i.e. last month. This month’s (November 2018) close can be above the high of last month’s (October 2018) high. The Trend line is drawn from the swing high of January 2018 to the swing high of June 2018. This month’s price is breaking the said trend line.

AUD/USD Weekly Chart

Above chart is a weekly chart for AUD/USD forex currency pair. The support line is the same which is coming from the monthly chart. The Trendline is drawn from the swing high of week 04, 22-January 2018 to the swing high of week number 23, 4-June 2018. This trend line resisted price on week number 39, 24-September 2018. This trend line was broken on week number 44, 29-October 2018.

Now the question is what the price of Forex Pair AUD/USD going to do in future. To technically identify the next possible price objective for Forex Pair AUD/USD in the Professional way so that it will be easier for you to Trade Forex Pair AUD/USD in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Forex Pair AUD/USD with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Forex Pair AUD/USD and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

Commodity Crude Oil is behaving as per our Blog Post dated 30.09.2018

Commodity Crude Oil is exactly behaving as per our Blog Post dated 30.09.2018. In our Blog Post dated 30.09.2018 for Commodity Crude Oil, we correctly identified the Top Reversal Pattern. The identified Top Reversal Pattern for Commodity Crude Oil was “Double Top” as shown below between the swing highs valued at 7,408.6 and 7,681.1. Also on that post for Commodity Crude Oil, we drew a trend line which got subsequently broken on Wednesday 10th of October 2018. After our correct identification of Top Reversal Pattern for Commodity Crude Oil, price has come down from the top of 7,681.1 to a current price which is 5,996.6 at the time of writing this post as shown below. This price drop after our Top Reversal Pattern for Commodity Crude Oil is now equal to a massive 1,685 points as shown below.

Commodity Crude Oil Trading

Our blog post dated 30.09.2018 for Commodity Crude Oil, we wrote, “If we consider this swing high of 7,408.6 for US Crude Oil Market as the “1st High” then the price of US Crude Oil Market next or coming week starting on Monday 1st of October 2018 should print a value which is higher than this “Previous or 1st High” of 7,408.6 which then can be considered as the second higher high of the said “Double Top” Market Structure”. This expected 2nd high was printed by the price on Wednesday 3rd of October 2018 as 7,681.1 just 2 days after. To know more about how to Trade all the possible Top Reversal Patterns click here.

Our Blog Post for Commodity Crude Oil on 30.09.2018:

US Crude Oil Market price at the time of writing this blog post is 7,346. Price plotted the recent highest swing high for US Crude Oil Market of 7,408.6 on Monday the 2nd of July 2018 which can be considered as the “1st High” of the possible top reversal: “Double Top” Market Structure. If we consider this swing high of 7,408.6 for US Crude Oil Market as the “1st High” then the price of US Crude Oil Market next or coming week starting on Monday 1st of October 2018 should print a value which is higher than this “Previous or 1st High” of 7,408.6 which then can be considered as the second higher high of the said “Double Top” Market Structure. Now the only point to be remembered is the in-between swing low of the said Double Top Market Structure for US Crude Oil Market. This can be observed at 6,401.3 which the US Crude Oil Market printed on Tuesday 14 August 2018. The last thing we need to technically draw is the double top line to complete the said Market Reversal Structure for US Crude Oil Market. This can be done by drawing a horizontal line from the swing high of 7,408.6 printed on Tuesday 3rd of July 2018 for US Crude Oil Market. We have to wait and see what the price of Crude Oil is doing at this level of 7,408.6.

Learn how to trade US Crude Oil Commodity with us

In our post dated 16th of Septemeber 2018, we had tried to identify the possible “Head and Shoulder” Market Reversal as shown below. In that post, we had noted, “(to get the exact date we need to wait for the price of US Crude Oil Market to break the neckline in future)”. This break of the said neckline never happened and also the line drawn from the head to the right shoulder got broken on 19.09.2018 as shown above.

Our Post on Crude Oil on 16 Sep 2018:

Commodity Crude Oil Market price at the time of writing this blog post is 6.880. Commodity Crude Oil Price plotted the recent highest swing high for US Crude Oil Market of 7,408.6 on Monday the 2nd of July 2018 which can be considered as the “Head” of the possible top reversal: “Head and Shoulder” Market Structure. If we consider this swing high of 7,408.6 for Commodity Crude Oil Crude Oil Market as the head then the swing high 7,288.3 printed by US Crude Oil Market on Monday 21st of May 2018 can be considered as the left shoulder of the said “Head and Shoulder” Market Structure. Now the only point to be identified is the right shoulder of the said “Head and Shoulder” Market Structure for Commodity Crude Oil Market. This can be observed at 7,097.1 which the Commodity Crude Oil Market printed on Wednesday 12 September 2018. The last thing we need to technically draw is the neckline to complete the said “Head and Shoulder” Market Structure for US Crude Oil Market. This can be done by joining the 2 in between swing lows (one between the left shoulder and the head and the other between the right shoulder and the head) printed on Monday 18th of June 2018 and Wednesday 15th of August 2018 for Commodity Crude Oil Market.

Once the potential Market Structure of Commodity Crude Oil Market has been identified then we can drop a vertical line from the head to the neckline and copy the same vertical line and place below the neckline in a future date (to get the exact date we need to wait for the price of Commodity Crude Oil Market to break the neckline in future). In this way you can take advantage of Our Scientific Method of Market Analysis as shown below:


US Crude Oil Market as on 14 Sep 2018

All these levels are the result of Our Power of Scientific Method of Market Analysis. Through this Scientific Method of Market Analysis for the US Crude Oil Market, we identify the Demand or Supply zone much before.

Now learn how to trade US Crude Oil Market as a commodity with us to explore the possibility of earning passive income keeping your day job. Commodity US Crude Oil Market can be traded through Our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like US Crude Oil Market and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity US Crude Oil Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Recent Posts: 5216

Forex Pair GBP/AUD behaved as per our Post @ 21.10.2018

Forex Pair GBP/AUD behaved exactly as per our Blog Post dated 21.10.2018:

Forex-Trading-NP-Financials-GBP-AUD-Weekly-Chart-November-2018

In our post dated October 21st, 2018, we highlighted the possible move of Forex Pair GBP/AUD with the help of our Technical Analysis. In that post we wrote, “Since the price has closed below the first trend line (the pink line in the below chart) for the Forex Pair GBP/AUD there can an opportunity for the price to come and test the second trend line (the green line in the below chart) for Forex Pair GBP/AUD. Exactly that happened as shown in the above chart in the week completed last Friday. Price of Forex Pair GBP/AUD touched the green line on week number 44, which got completed on 02.11.2018.

Sterling Aussie (GBP/AUD) Currency Pair

When we posted on OCt 21, 2018 for Forex Pair GBP/AUD, the price was at 1.8352. According to our technical analysis for Forex Pair GBP/AUD the tentative price projection was 1.8050, a solid drop of a massive 300 PIPS (Percentage in Points). This drop of 300 PIPS and more (since price closed at 1.8009) happened in just 2 weeks and just after our post for Forex Pair GBP/AUD on 21.10.2018.

Now the question is what the price of Forex Pair GBP/AUD going to do in future. To technically identify the next possible price objective for Forex Pair GBP/AUD in the Professional way so that it will be easier for you to Trade Forex Pair GBP/AUD in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Forex Pair GBP/AUD with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Forex Pair GBP/AUD and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

Is this a Start of a Bear Market in Stock and Index Trading?

We are observing a lot of technical signals which are pointing to a possible start of a BEAR Market in Stock and Index Trading. We only analyze the situation as it is happening NOW in the world stock marketplace which can effect Index Trading worldwide in a big way.

We have analyzed three long-term time frames for two best indices viz. DJI 30 (Dow Jones 30 or Wall Street Cash) and DAX 30 (Germany 30 Cash) for Index Trading as shown below. The time frames we have analyzed are as below:

  1. Yearly,
  2. Quarterly and
  3. Monthly.

Index-Trading-NP-Financials-DJI-DAX-Charts-October-2018

Dow Jones 30 or Wall Street Cash Index Market Analysis:

In the Yearly chart for Dow Jones 30, we can observe that this index market has moved up continuously from 2008 till 2018, in a bull market, a total of 20,481 points. The last candle which is forming for this year is shaping up like a “Doji” candle. Doji represents indecision, especially after a long run which happened for this Index Trading market.

In the Quarterly chart for Dow Jones 30 Index Trading, the last candle which is forming and will finish in the month of December is shaping up like a “Dark Cloud Cover” or “Engulfing”.

An almost similar situation for Dow Jones 30 Index Trading in the monthly chart can be observed. The last candle which is forming and will finish in the month of October within the next 3 days is shaping up like an “Engulfing”. We can also see the formation of a Double Top in this chart as shown below.

Index-Trading-NP-Financials-DJI-Charts-October-2018

DAX 30 or Germany 30 Cash Index Market Analysis:

In the Yearly chart for DAX 30, we can observe that this index market has moved up continuously from 2008 till 2018, in a bull market, a total of 10,014 points. The last candle which is forming for this year is shaping up like an “Engulfing” candle. Bearish Engulfing represents a possible downturn, especially after a long run which happened for this Index Trading market.

In the Quarterly chart for DAX 30 Index Trading, this index trading market has already printed an “Evening Star” in the quarters of July 2017 to March 2018. Evening Start represents a possible downturn, especially after a long run which happened for this Index Trading market.

A similar weakness has already formed for DAX 30 Index Trading in the monthly chart which can be observed below. This market has already printed a bearish Engulfing in the month of February 2018 whose low is being taken out for the first time in the current month as shown below.

Index-Trading-NP-Financials-DAX-Charts-October-2018

To take advantage of these new turning points in the worldwide index trading markets, click here.

Our Unique, Proprietary and most accurate Trader Foundation Course has the capability to identify these market turning points at a regular interval which we share with our Paid Clients.

When you are trained by us and learn how to trade Stock Markets Indices by taking advantage of our Knowledge and Expertise in the field, you can be benefited on a regular basis in Stock Markets Indices like Australia 200 (ASX200), China 50 (CHINA50), Hang Seng cash (HK50), Nikkei 225 cash (JP225), France 40 cash (CAC40), Germany 30 cash (DAX30), UK 100 cash (FTSE100), Wall Street 30 cash (WS30) and US SPX 500 cash (US500).

With our Proprietary Trader Foundation Course for Stock Markets Indices like the DJI 30 or DAX 30 Index markets, you can be benefited on a regular basis on DJI 30 or DAX 30 and other Stock Market Indices.

To Trade Stock Markets Indices in the Professional way and to find out the answers to all your Indices Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

We will not only handhold and guide you in the following aspects of the Professional way of Stock Markets Indices Trading but also will actually show you how we Trade Index CFDs for a living:

  • Introduction to Trading Different Markets
  • Index Market Facts, Timings, and its Framework
  • How to take advantage from major Market Participants
  • Index Trading Nomenclature
  • The relationship between Worldwide Indices
  • Dow Jones 30 vs.US Dollar Index
  • Swaps, Spread, Slippage
  • Fundamentals factors moving Markets
  • Order Types, Leverage, Margin
  • Trade Risk, Trade Reward, Favorable Reward to Risk
  • Account Risk, Basic Position Sizing
  • Introduction to Technical Trading
  • Index Market Structure
  • Market Mechanics and Dynamics
  • Market Mapping
  • Advance Trade Sizing
  • How to identify in advance Market Reversals
  • How to evaluate new price action before it unfolds
  • Our own proprietary Bar by Bar Market Analysis
  • You will come to know What to do & what not to do when
  • Our proprietary Money & Risk Management Strategies
  • Capital and Portfolio Management System
  • Performance Analysis of Bar by Bar Market Analysis
  • Professional Trader Mindset including Major Mistakes to be avoided

Now you can trade Stock Markets Indices with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Stock Markets Indices Trading Strategies will guide you through every step of your trading in Shares and explore the possibility of earning extra income.

Learn what all other national and international Stock Markets Indices we are Trading in our Index Trading Asset Class.

Develop yourself as a professional trader capable of capturing second income in the future with us.

Become a Member to grab these Market Sync based Stock Markets Indices Trading Opportunities in the future by clicking here.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Useful Links:

Learn Share Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Learn how to Trade the Directional Share Market. Get mentored in the art and science of Share Trading in our proprietary 6 months developmental course. Derive benefit from our effective Share Trading Strategies.

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage etc.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System e.g. Stock CFD Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge e.g. Stock CFD Trading

.

Technical Analysis of Sterling Aussie (GBP/AUD) Currency Pair

Technical Analysis of Sterling Aussie (GBP/AUD) Currency Pair: In this post, we have highlighted the possible move of Sterling Aussie (GBP/AUD) Currency Pair with the help of our Technical Analysis as shown below. The chart shown here is a weekly time frame chart of the Sterling Aussie (GBP/AUD) Currency Pair.

After going through this Sterling Aussie (GBP/AUD) Currency Pair Technical Analysis, you will be in a position to understand the following:

  1. What is the current Price structure of Sterling Aussie (GBP/AUD) Currency Pair?
  2. What are the specific resistance and support levels for Sterling Aussie (GBP/AUD) Currency Pair we are illustrating here according to our current observation,
  3. What Price of Sterling Aussie (GBP/AUD) Currency Pair can do in future,
  4. How you can take advantage of Our Technical Analysis for the Sterling Aussie (GBP/AUD) Currency Pair.

Sterling Aussie (GBP/AUD) Currency Pair

1> What is the current Price structure of Sterling Aussie (GBP/AUD) Currency Pair?: Last week (week number 42) price of Sterling Aussie (GBP/AUD) Currency Pair closed at 1.8352 on 15th of October 2018 which is lower than the low of the price bar of week number 41 which was at 1.8434. Week number 41’s bar was an up bar since the high of the week number 41 was higher than that of week number 40 and also the low is higher than that of week number 40. Last week’s (week number 42) bar is a down bar since the high of the week number 42 bar is lower than that of week number 41 and also the low is lower than that of week number 41. This structure combination of the last 3 weeks has created a peak in the high of week number 41 at 1.8736.

Sterling Aussie (GBP/AUD) Currency Pair

2> What are the resistance, support levels for Sterling Aussie (GBP/AUD) Currency Pair we are illustrating here according to our current observation: The current peak as plotted by price on week number 41 at 1.8736 can be considered as the current resistance level. The support levels can be found at the swing low plotted in the week number 38 which was at 1.7936 and then at the swing low plotted in the week number 34 which was at 1.7410.

3> What Price of Sterling Aussie (GBP/AUD) Currency Pair can do in future: At present we have drawn two uptrend lines for Sterling Aussie (GBP/AUD) Currency Pair, one by joining the swing low plotted in the week number 34 which was at 1.7410 and swing low plotted in the week number 38 which was at 1.7936. The second trend line is drawn by joining the swing low plotted in the week number 32 which was at 1.7283 and swing low plotted in the week number 34 which was at 1.7410. Since the price has closed below the first trend line (the pink line in the above chart) for the Sterling Aussie (GBP/AUD) Currency Pair there can an opportunity for the price to come and test the second trend line (the green line in the above chart).

4> How you can take advantage of Our Technical Analysis for the Sterling Aussie (GBP/AUD) Currency Pair Market: As shown by two yellow thick lines Sterling Aussie (GBP/AUD) Currency Pair has plotted a “Double Top” market structure. To technically identify the next possible price objective for Sterling Aussie (GBP/AUD) Currency Pair in the Professional way so that it will be easier for you to Trade Sterling Aussie (GBP/AUD) Currency Pair in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Sterling Aussie (GBP/AUD) Currency Pair with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Sterling Aussie (GBP/AUD) Currency Pair and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

Recent Price Objective Analysis for Spot gold (XAU/USD)

Future Price Objective Analysis for Spot gold (XAU/USD): In this post, we have highlighted the possible future Price Objective Analysis for Spot gold with the help of our Technical Analysis as shown below. The chart shown below is a weekly time frame chart for the Price Objective Analysis for Spot gold currency pair.

Analysis for Spot gold

After going through this Analysis for Spot gold (XAU/USD) Technically, you will be in a position to understand the following:

  1. Why Price of Spot Gold Currency (XAU/USD) is doing what it is doing as of now,
  2. What are the specific support and resistance levels for Spot Gold Currency (XAU/USD) we are illustrating here according to our current observation,
  3. What Price of Spot Gold Currency (XAU/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis for the Spot Gold Currency (XAU/USD) Currency Market.

Spot gold (XAU/USD) Market price at the time of writing this blog post is 1,217.9. For the future Price Objective Analysis for Spot gold (XAU/USD) above we have chosen the weekly chart. The Fibonacci for the future Price Objective Analysis for Spot gold (XAU/USD) is drawn from the swing low of week number 50, 2016 (from 12.12.2016 to 16.12.2016) to the swing high plotted on week number 15, 2018 (from 09.04.2018 to 13.04.2018). Spot gold (XAU/USD) Market was trapped within the 61.80% (price level of 1,215.4) Fibonacci level and the 78.60% (price level of 1,174.7) Fibonacci level from the week number 31, 2018 (from 30.07.2018 to 03.08.2018) till last week i.e. week number 40, 2018 (from 01.10.2018 to 05.10.2018). Price of Spot gold (XAU/USD) Market last week (from 08.10.2018 till 12.10.2018) closed above the 61.80% (price level of 1,215.4) Fibonacci level for the first time after 10 straight weeks. This can be considered as important close for Spot gold (XAU/USD) Market. If the price of Spot gold (XAU/USD) Market in the coming week i.e. week number 42 (from 15.10.2018 till 19.10.2018) goes above 1,226.5 level then it can be considered to go up further.

To substantiate the above analysis for Spot gold (XAU/USD) Market, we have shown the monthly chart for the same market (Spot gold XAU/USD) below:

Spot gold (XAU/USD) Market monthly chart

Monthly price chart of Spot gold (XAU/USD) above is also showing a support level. The support levels were generated by joining the swing low plotted on the month of December 2015 till August 2018 and again by joining the swing low plotted on the month of December 2016 till August 2018.

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Recent Posts: 5021

Future Price Objective of Bitcoin Crypto-Currency: XBT/USD

Future Price Objective of Bitcoin Crypto-Currency: XBT/USD: In this post, we have highlighted the possible future price movement of Bitcoin Crypto-Currency (XBT/USD) with the help of our Technical Analysis as shown below. The chart shown here is a daily time frame chart of the Bitcoin Crypto-Currency (XBT/USD) pair.

After going through this Bitcoin Crypto-Currency (XBT/USD) Technical Analysis, you will be in a position to understand the following:

  1. Why Price of Bitcoin Crypto-Currency (XBT/USD) is doing what it is doing as of now,
  2. What are the specific support and resistance levels for Bitcoin Crypto-Currency (XBT/USD) we are illustrating here according to our current observation,
  3. What Price of Bitcoin Crypto-Currency (XBT/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis for the Bitcoin Crypto-Currency (XBT/USD) Market.

Bitcoin Crypto-Currency

1> Why Price of Bitcoin Crypto-Currency is doing what it is doing as of now: Price of Bitcoin Crypto-Currency at the time of writing this blog post is 6,540. As of now the price of Bitcoin Crypto-Currency is trapped between the resistance line drawn from the swing high of 23rd of September 2018 to the swing high of 4th of October 2018 (below pink line) and the support line drawn from the swing low of 25th of September 2018 to the swing low of 3rd of October 2018 (green line below):

Bitcoin Crypto-Currency Support-Resistance

2> What are the specific support, resistance levels for Bitcoin Crypto-Currency we are illustrating here according to our current observation: The long-term trend line support is generated by joining the 2 swing lows of 24th of June 2018 and 29th of June 2018 for Bitcoin Crypto-Currency. Price also has created a secondary medium-term support line drawn by joining the 2 swing lows of 14th of August 2018 and 19th of September 2018 for Bitcoin Crypto-Currency. The long-term trend line resistance is generated by joining the 2 swing highs of 25th of July 2018 and 28th of September 2018 for Bitcoin Crypto-Currency as shown below:

Bitcoin-Crypto-Currency

3> What Price of Bitcoin Crypto-Currency can do in future if the said Market Structure matures: Now if the close of Bitcoin Crypto-Currency is staying above or below the said 2 support and 2 resistance lines then there is a possibility of a price move up or down respectively.

4> How you can take advantage of Our Technical Analysis for the Bitcoin Crypto-Currency Market: To technically identify the next possible price objective for Bitcoin Crypto-Currency in the Professional way so that it will be easier for you to Trade Bitcoin Crypto-Currency pair in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn how to trade Bitcoin Crypto-Currency with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Crypto-Currency Trading Strategy will guide you through every step of your trading in Bitcoin Crypto-Currency and explore the possibility of earning extra income. Learn what all other Crypto-Currency Pairs we are Trading in our  Crypto-Currency Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.