analysis

As expected, our trendline held. We bounced: https://www.tradingview.com/chart/BTCUSD/spblwF9E-Weekend-Bounce/ Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish. Here's what I expect from Bitcoin according to our charts: 1) Break $2980 before Aug 1 and then come back down and bounce off it and up after. 2) Bounce ...

After its hike upto 0.79 band AUDUSD consolidated itself till Friday market closing time.Waiting a small retracement till %76 - %61 fibbo band then it will give us potential to see 0.80 band on Long this week. With its strength against USD we might see Fibbo %27 level 0.8040 band.

Last week GBP got strenghtened enaugh to get the potential to see 1.33 band. Positive news affected GBP against USD and uncertainity at USD triggered it up to 1.30 Monthly Resistance band. On Friday before the market closes it finished up its retracement. Also we saw that it tried to break the trend 2 times till here. Retracement made chart to take its breath and ...

After breaking the level of 144.281 will try to drop to the level of 142.372, and after touching the daily trend line will rebound significantly towards the level of 147.674

Blue for the worst case scenario / Yellow for the less worst / Cyan for the overall good trend / White for breakout and green for moon / or crash. Still learning

GBP JPY has been falling as USD has been falling (GU up x UJ down = GJ Down). It rejected a major monthly/weekly zone with a double top pattern and shattered the previous upward trend line support early last week and has been dropping since. I expect more downside to hit the daily demand zone then maybe consolidate between these 2 major zones plotted until price ...

-Long bias due to ascending channel -MA crossover in daily - fib retest on 38.20% suggesting long - wait for long breakout before taking the position

Gold has been rising a lot due to weaker USD and scandals involving the Trump family (again). It broke through the resistance zones at 1240 and 1250. Looking for a retest of those zones to buy again seems like a good plan, the 1250 zone has a lot of confluences that would support a buy position. The fed has a meeting mid week and though it seems clear now that ...

HI guys wait for clear confirmation and go for short use money management :)

Hi guys also keep eye on it this thin will going to happen very soon! this is very simple trade idea just sell the breakout! use your entry strategy use some money management and trade with care :)

Hi guys there is another setup for today hope you guys will also Enjoy this :) Use money management .

A nice Bearish Pennant has formed and i expect it touch the Major Support Line once before making a move upwards It will good time to buy when it touches the Support Line and Rebound of it I may make a move upwards by next week so be patient

UsdCad's weekly chart shows a breakout. The price is currently near a resistance level which can fuel the price to drop on the outer resistance trendline (Refer to AstroFx book). If the price drops below the resistance zone a short trade can be traded. The stop loss would be placed above the resistance zone. https://www.tradingview.com/x/iW1xFiJc/ UsdCad's 4H ...

AUDUSD Technical Analysis AUDUSD has been in consolidation zone since early 2016, the price barrier was from 0.6884 to 0.7773. Auzzie tried to breakout through this area numerous times but failed. However, last week auzzie smashed through previous resistance, and on Monday it retested the new support 0.7785 (previous resistance). Since AUDUSD has finally broken ...

Rookie mistake folks. I jumped the gun. In fact, if you read my last few posts, you'll observe that I had this suspicion. I was too impulsive with my Litecoin buy and bought all in at $50. I should have exercised sound discipline as all good traders do and simply started my buy in at this price point. If I would have dollar cost averaged in from there to where we ...

We currently rest at our $2670 support which intersects with the bottom of our channel. Could we see a weekend bounce to $2980? I think this is a good possibility. We shall soon find out. Happy trading!

XAUUSD got supported after the pull back and went up with good momentum. https://www.tradingview.com/chart/XAUUSD/GXnmmf3q-Elliott-wave-analysis-on-Gold-2017-06-09/ I am looking forward to it going further. We still need to pay attention to the long-term resistance line. If it breaks out, it will be a strong signal for further up. Good luck for everyone!

A few things I'd like to point out on this messy chart: ----- First, I started my Fib retracement at a different date on this chart. Most, will start at Mar. 25th. That's fine. However, I chose to start mine at $1111 for several reasons: 1) $1111 is around the avg. price point on the daily for the few months leading up to our big pop in price. 2) When starting ...