Hello traders, I want share with you my opinion about Gold. I decided to update the previous idea for you on Gold.We can see that after the price left the downward wedge, it continue to rise and broke through the resistance area and reach first goal. The price is now above the mirror support area and after a possible retest support line can continue to move...
Hello traders, I want share with you my opinion about Binance Coin. Watching the graph, we can see how the price formed the seller zone 332-336, from which it begin to decline and fall to the support area. Over time, the price formed a downward triangle and currently trades inside. We also see how the price broke through the support level 295.5 and fall to the...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price formed an upward impulse, from the buyer zone and increased to the resistance level 25250. We see how the price re-tested the resistance level, from which it bounced and begin to decline. Over time, Bitcoin has formed the downward channel and is currently...
Hello traders, I want share with you my opinion about Gold. When observing the graph, you can see how the price fall for a long time and as a result formed a downward wedge. The price of Gold subsequently broke through the resistance line of wedge and begin to move uphill. Currently, the price is above the support level 1820, but can go lower and test it. After a...
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price formed an upward impulse from the buyer zone 1460-1490. Later, Ethereum created a symmetrical triangle and trades inside of it. You can also see how the price tested the resistance area of triangle from which it bounced back and to decline. The price is...
Hello traders, I want share with you my opinion about Euro. By observed on the graph, we can see how the Euro moves in a downward trend. Moving down, the price broke through the support area, which became the resistance area. You can also see how the price retested the resistance area and bounced back. Currently, the price is close to the support level and may...
Hello traders, I want share with you my opinion about Bitcoin. Watching in the chart, we can see how Bitcoin the exit of downward wedge, and started moving up. Subsequently, the price decreased and retested the buyer zone, from which bounced back and begin to rise. Currently, the price is above the buyer zone and may continue move up. Bitcoin can continue to grow...
Hello traders, I want share with you my opinion about British Pound. I decided to update the previous idea for you. We can see on the chart that the British Pound has achieved its targets and moved into the phase D. Price re-tested the resistance area, from which it bounced and decreased, where it formed the last points of support(LPS). After the formation of LPS,...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can observe how the price of Gold has been declining for a long time.We see how the price has formed the support area that has been tested it and bounced back.The price is now near the support area, but may start to rise and break through the resistance line.I think that after a...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price formed the seller zone, which it tested and begin to decline. Over time, the price broke through the support area 1.0625-1.0610 and continued to fall. We are also seeing the Euro reach the next support area, which it re-tested and begin to rise. The price is...
Hello traders, I want share with you my opinion about Ethereum. When observing the graph, we can see how Ethereum created the downward wedge, after which it broke through the resistance line and rise. Currently, the price is above the support line, but can go down and test it. After a possible retest Ethereum can continue moving up. I think that price can continue...
Hello traders, I want share with you my opinion about Japonese Yen. Looking at the graph, we see how the price left the range and begin to grow, thus forming Elliott waves.On the four-hour timeframe, we can see the Japanese Yen currently trading in the 5th wave moving towards the seller zone. By switching to an hour-long timeframe, which is on the chart on the...
Hello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how Bitcoin entered the downward channel and is currently trading inside. Inside the channel, the price created a buyer zone, which it tested several times, bounced off it and begin to move up. Now the price is close to the resistance line of the channel and can...
Hello traders, I want share with you my opinion about British Pound. Looking at the graph, we can observe how is formed the accumulation scheme by Wyckoff. We see how the price enters the phase A, creates preliminary support (PS) that indicates that some buyers are showing up, but they are not enough to stop the movement. The selling climax (SC) is formed by...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price tested the seller zone 1843-1847 and begin to decline, which caused the formation of the downward wedge. Currently, the price is inside the wedge above the support area. We can see how the price tested the resistance area, which coincide with the support line...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the graph, we can see how Bitcoin has been moving local downward trend and dropped to the support level 23595 which it tested and bounced back. Next, the price start to rise and making a small correction to support line, which it retest and continue move up. Currently, the price is above the...
Hello traders, I want share with you my opinion about USDJPY . When observing the graph, we can see how the Japanese Yen formed an upward wedge and traded inside. You can also see how the price has retested the resistance area and bounced back. The Japanese Yen is now trades below the resistance area and can start moving down and break through the support line of...
Hello traders, I want share with you my opinion about Ethereum. By observing the graph, we can see how the price created a support area1460-1470 from which it bounced off and formed an upward impulse to the level 1740. Next, the price begin to decline and formed downward channel which it is currently trading inside. Inside the channel, Ethereum formed a resistance...