Hi James and Joe!
Looking at the weekly Gold chart, you can see a big ascending channel has been forming on Gold. This shows gold is currently now in the uptrend in the big timeframe like weekly or monthly.
However, in a smaller timeframe such as the daily chart, it shows gold is now in a small descending channel. Moreover, you can see 3 more bearish signs in...
Bullish channel respecting trend line that has tested on 5 occasions, upward momentum with retreat to the zone 38.2% of the Fibonacci, with a potential extension of the impulse in the area 127.2%, a total of 210 points up to the span of 17 days.
Litecoin appears to have started a downtrend here, same as pretty much everything else. Looking to short the .382 fib levels, rebuy in the golden pockets. Not financial advice, I may be completely wrong!
LIACF is likely provider to TESLA for their batteries and 2h north of plant and founded in 2016, good TESLA timing for Lithium.
They have cheapest mining processes and under pressure from market correction and headed to 0.35-0.39 from current price
before hitting resistance. Looking at LIACF opportunity for entrance and solid 20-30% rebound vs BITFINEX:BTCUSD
* CannTrust Holdings breaking out on harvest time sales about to commence....profitability as a Top Tier Cannabis stock, usually the least favored of this group I might add.
* Buy low, sell high, don't loose your money.
* chance to get more or first half share at $9 382 retracement after buying market order, can always buy more on the dip.
After a period of considerable strife surrounding Bitcoin (BTC) ETF approval, the crypto sphere has rebounded. BTC itself is in the midst of a three-day winning streak, a far cry from the pain of early August.
For the near future, I will be looking to sell BTC from the $6849 level. With an initial stop at $7001, this trade yields 150 ticks/pips when implementing...
gbpjpy can decrese to 145,5 and after that we cqan buy with the sl breaking the support line
gbpjpy can decrese because of fibo zone,
38%-50%-88,6% fibo retracement can press for a short trade,
Here we go, let's wait for the D leg, on the retracement 0.786.
In the meanwhile, i will try something new, gonna make a trade, of the retracement from the C leg.
Targets 1: 0.382
Targets 2: 0.786
Stop loss: right above the 1.414, where the cypher will get decline.
As it was indicated in my previous BTC analysis, the price went up and then formed a shooting star candlestick, which is a reversal bar. There is a structure level at 10127, which acts as resistance level. However, it seems the price already started to go down, as the sellers momentum already there. Moreover, the BTC formed a Gartley pattern that reached a...
Straight to the chart ---->
Look at the fibonacci retracement levels. Both 38.2% retraces of 2 different fibonacci retracements converged at $810. If you look left you can see previous structure low exactly at this price level. RSI is oversold which indicates a reversal. According to the fibonacci extension the next support level is at $734 unless...
Possible Double Bottom on AUD JPY. I know its on a downtrend, but It may come back up and retest Key Fib Levels before continuing any further. Set a STOP at the Previous structure LOW at 45 pip risk. 70 PIP TP for a little more than 1:1 ratio. Will Take Profit at .382 level and wait for a double top for a downward continuation.