RoboCash

RoboCash Updated 

As per chart.

RoboCash Updated 

Bullish 4H close spotted. A good trader is able to spot opportunities. Don't get married to a bull or a bear.

RoboCash Updated 

The chart shows everything.

RoboCash Updated 

If this week close is above 1337 to 1340. Guess what, it will become a bullish close. So next week, it will only go up to 1800.

RoboCash Updated 

It has been more than a month that price action remains capped. No buyers are interested in this pricing. I was expecting a quick dip so that there is a recovery by early next week. Looks like gold will go down slowly around ~1600 area before buyers are back. I have one short swing position right now. SL around 1735. I am targeting low 1600 area. This need...

RoboCash Updated 

A good idea.

RoboCash Updated 

Price Action is everything. Short with tight SL.

RoboCash Updated 

Previous week GU has weekly bullish engulfing, which will be overshadowed by bearish hangman close this week unfortunately. In order for bullish to continue next month, it has to close above the white dash line in order to have monthly bullish close (above 1.3350) For now, I am slightly neutral to this, added with uncertainty in Brexit deals which makes it super volatile.

RoboCash Updated 

Its very clear DXY is in rising wedge and it is about to close below the red line this week (hopefully). This is inline with my EU retracement of wednesday High. Keep looking to short DXY as per arrow once we have definitive 4H / 1D close below the TL. We can try shorting DXY in this mid-point, as long as there is no 4H/1D bullish, it is safe.

RoboCash Updated 

To maintain "neutral" weekly close. EU has to close above the white dashed-line and yellow fib line (approx 1.1315 and above) today. This is to negate bearish perception for this week. I am remained bullish for EU (and GU for that matter) Big picture it is still showing bullish flag and it is supported.

RoboCash Updated 

I never expected that EU will drop this much following DXY rise. I am still inclined to weakness of DXY. Will long here with tight SL. This is the breakout point of yesterday rally for EU. For GU, is too volatile because of Brexit uncertainty.

RoboCash Updated 

GU long, stop below support TL 4H close...

RoboCash Updated 

As long as DXY doesnt close above 96.70 4H close, it will continue the downtrend.

RoboCash

Looking at Weekly, DXY is rebounding from fibo for bullish move, Looking at Daily and 4Hourly, DXY is forming bearish flag. I will only see PA to decide where will it go.

RoboCash Updated 

There is something that I notice, D candle is making a huge bear flag as of now. Weekly close below 1209 will make bulls nervous.

RoboCash Updated 

I highly suspect this is the wave count for coming days...

RoboCash Updated 

Get ready...

RoboCash Updated 

Let the chart do the talking...