Back to the basics & a reminder that I am a swing trader and I have bought my puts for this dip
Candlestick analysis shows a sideways trend.
Will the impulsive high continue or will we see a decline to a higher low?
I free handed some trend lines and as you can see, X^2's high gave me X^1's level of support which is shockingly the level of...
This triangle pattern which has a hidden gigantic cup & handle inside of it has been developing since the infamous 2017 Alt Coin Rally.
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Take a moment to appreciate this beauty ...
The upper chart is 2021's current situation, the lower one is 2017's bullrun.
Pay attention to the brushed drawings on the chart and the respective Fibonacci levels. Pretty much EXACTLY the same !!
>> This suggests we're topping out in short-term at ~63k and going painfully down to the 42k area once again, before...
Sterling is still displaying a degree of resilience on BoE rate recalibration grounds due to Governor Bailey’s NIRP push-back yesterday, but also on a slightly more positive note from UK PM Johnson who claims to see signs that national lockdown is stemming the pandemic spread. Cable has rejected 1.3700 again, but bounced from sub-1.3650 lows after a temporary...
Hello Trader hope you are enjoying easy pips from my Ultimate Accuracy strategy. Last month we closed the month with 1100 pips with only one loss. This month we are up 700+ pips and only one loss in this month.
Any trader need help can Private message me. Gold prediction is not easy and people are losing alot of money on Gold so i can help you with my Ultimate...
Here we can clearly see an inverted head and shoulders on the daily time frame and if you check on the H4 ,H2 ,H1 you can see it as well and we have candle confirmations so the probability is very high on this one.
- rejected the key 0.9300 resistance zone and formed a bearish close.
- this could suggest that we could see a significant reversal.
- look for bearish opportunities on this currency pair in line with the commitment of trader reports.
- CoT - added more long positions for GBP and short for EUR.
Regards, GoldfXcc Team
- this pair are at key demand zone.
- if risk-off sentiment will be relieved this pair could rise back into the weekly lows of 0.6780 to 0.6900
- the price is currently rejecting the 2015 lows giving a strong indication of a retracement.
Regards, GoldfXcc Team
Using the default Compare indicator, which defaults to APPL stock, we are able to find turning points on Bitcoin's price, not 100% accurate, but with definitely more than 70% accuracy, which I find interesting.
Another trick I'm sharing ... Renko charts. For those that don't know renko plots bars differently to candles. Each bar represents like a fixed price drop, say $100. If you drop by $400, then it plots 4 red bars (4 x $100), and if it increases by $500 it plots 5 green bars (5 x $100). This supposedly takes out all the noise in the system (or at least...
Don't listen to D4RK Energy or whatever that 'popular' user is saying. We are all here to do one thing and one thing only--Make money.
So, in response to our shared goal, I'm sharing a point of view that illustrates a decent short position to be taken.
Target price is at $7950 and stops placed at $8450.
I would advise...