AFCapital21

AFCapital21

After making a retracement on the uptrend line, silver is testing a resistance and you can see it since daily time-frame Also if you use RSI and MACD you can perfectly see the lines changing directions in different time-frames RSI at 30m and 15m change direction after being at level 70 close from overbought zone My SL and TP: SL: 23.94764 TP: 23.62293

AFCapital21

As we can see we've a good trend for a long strategy. The candles have already tested the support line, but the price of silver continues to rise, and we believe in more higher highs and higher lows, at least until the orange line to be tested (it's a daily resistance, that I've been using for a long time)

AFCapital21

The orange line is a daily resistance that I use a long time ago. As we can see RSI already crossed the 50, after a overbought zone, together with MACD we can see after the RSI change the direction MACD had crossed the signal line and also changed it. And joining these indicators we've the BB where the candles had already crossed the MA, and the BB lower line...

AFCapital21

China the top gold consumer said the travelers after 8th January would no longer have to go to quarantine. And as we can see since the open market the gold is on bullish. We can also watch the support has moved and the channel is making higher highs However the price coudl retest the 0,5 fibo, so we would put our SL little bit below from the 0,5 line

AFCapital21

BTCUSD should short in next couple hours, since candles already crossed the MA of BB and the ascending channel

AFCapital21

The end of an ascending channel and the beginning of a descending channel. As we can see the RSI indicator is in an overbought zone for some hours, however the MACD weren't strong enough to continue going up after crossing the signal line and went down again, so the candles continues to make HL and just two HH. The BB moving average was crossed but just with two...

AFCapital21

We've two supports, one of them since September 21st, tested by shadow candles, the same for the most recent support. However November 4th both lines was crossed but it was just a test from candles, we assume this will happen again and change the direction up. RSI and MACD also showing us a overbought feeling

AFCapital21

UK inflation goes to 11% a 41-year high, goods prices continue to increase. BOE says supply chain shock is starting to fade, however, with this inflation rate, the next couple hours the EURGBP will certainly go long. Chart: We have a support that was not tested after the dates of UK. But we can see the RSI in a oversold zone and after changing the direction...

AFCapital21

Japan GDP growth drops 1,2% YoY, and it is followed by a increase in covid cases In the chart we can see: 76,4% FIbo could be the next support, because has already been tested the line after the breakout occured at 9AM GMT, and the top line of descending channel was tested twice after that, followed by bullish candles crossing EMA MACD and Signal is already...

AFCapital21

Both zones UK and Euro had rise their interest rates in 75bp. Days ago Lagard said ECB will continue raising rates to fight the inflation, and BOE are warning about a long recession, and the interest rates hikes in 30Y In this chart we can watch the price touching the resistance and a overbought at BB and RSI, changing the direction such as MACD that had...

AFCapital21

We've a downtrend line and the macd is crossing the signal such as ema with the middle bb line

AFCapital21

Price is testing the support for the 4th time, such as MACD. We can see the columns in MACDS indicator losing power, and the line crossing each other. About candles we've a three inside up after testing the support, show us a bullish signal. And to conclude the Reerve Bank of New Zeland says "economy will slow as rising rates curb consumption", the houses...

AFCapital21

We've again the same support at 0,618 fibo, and we use twice to watch if the smae number will occur, and yes, 0,18 still support. So the price could test the support and go long, or will just change direction to a long strategy, since MACD is already touching support. But our position will be: Waiting for a bigger bullish candle to buy XAUUSD or wait for the...

AFCapital21

EURGBP is making HL, and with a support tested at October 17th, now with 3 HL we've the perspective about a short position, if more than one full boy candle cross the support. Because we've a descending triangle, but we need stronger candles to prove the short position, in fact of the support was tested during Tokyo and Sydney sessions, however the trend made...

AFCapital21

We'd a ascending channel with a resistance making higher highs, however the bottom line of support of the channel was crossed. So we put a horizontal support, to check what could happen to the price, and with this support we can see a possible retracement. We can also see the EMA line is changing the direction. And about the MACD indicator, the support had...

AFCapital21

The horizontal channel started at September 19, it was crossed, and the resistance can be the next support, since if we put fibonacci 23,5% had already been crossed, since it perfectly fit in the last resistance, and it had already been tested by a shadow. The SL will be the fibo 0,236, and the TP 0,618

AFCapital21

23,6% we have the main resistance 38,2% we had the last support that already is the new resistance, and the 50% the support, with some shadows candles testing it. If 0,5 is crossed this have a big probability of being the next resistance. We believe two options of testing the support and resitance, however the 0,382 seems to be a strong resistance, tested several...

AFCapital21

Resistance at 0.98857 looked at 1hour tf, and a second resistance at 0.98436. We can see we already had two retracements and can be the next consolidation area. However when we use de fibonacci we can look at 38,2% and see a future support there if not crossed, moretheless if cross it, EURUSD will short. The pair already have a strong short position since we have...