Hi guys, I was trying to make an analysis on Gold on a weekle timeframe, I think it might go up since the trend is not going up anymore, I am not aware if the price of gold was fairly overvalued before and thats why is doing a correction at the moment. Any thoughts or improvements? Any prediction about the direction of gold? I believe theres going to be a...
Hi Traders! The EURUSD is in an overall Uptrend. Firstly, let's find out what the 11 Steps are and why they're so important: We seperated the Steps into two categories, the "Outside the Watchlist" part and the "Analysing the pair" part. "Outside the Watchlist" --> This is the way of analysing. You should already have it in your mind. So, you don't want to trade...
Bitcoin is a small 2% away from all time high. Now is a good time to look back on the past 3 years since it has gone mainstream. Many "strong hands" ended up selling right before the explosion up (the same people that criticized, insulted, reported and mocked me, while let me remind you I bought at the bottom of this explosion at ~12750 when many of them were...
Etherium is looking really bullish for the last months, and I think Etherium will hold strong untill the end of the year. But before the uptrend continues, I think Ehterium will go in a downtrend to the 320 usdt mark before continuing the uptrend. This can be seen directly from the RSI, which represents hidden divergence in the last highs (marked in red). I...
that was weird kinda worried about going 280, but the RSI might not support that low. mid-term the same for now, I'll get worried if it close under 300 (orange support line) Red = out Green = in
short after deviation @ range high. - TP1 --> Mid range - TP2 --> Range-low
Hi Traders! The market is in an overall Downtrend. Let's begin the Multiple Timeframe Analysis with the Weekly. ---------- Before we start analysing this pair, here is an important lesson for everyone who's reading that: You probably often heard or read in trading lessons, that you shouldn't draw many things into your charts. But the truth is, that many of them...
TA -120EMA Support. High volume at $62 level. - Early May 2020 shows double the volume from the previous highest volume day= Institutional accumulation. Average volume 2.8M. May 5th volume : 38.5M - Distribution volume slowing down - RSI reversal - MACD golden cross - Strong relative strength FA, - Integrated platform = Chegg study+ Chegg Writing+ Chegg Math...