We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a cross air.
Heart in the box - a place to jump in/out
PIG in the box - places to be aware of a few different...
the top made when price hit 200SMA diverge a little with RSI.
Lower band of light blue area may be last line for support for the distribution period B to C to continue.
Need to consider that retracement of AB may be completed.
Price is forming 3-3-3 moves inside violet TR.
B was formed due to uncertanties iro US-China negotiations and possibly...
Gold found Support at 1,445 and the 1D Channel Down (RSI = 44.921, MACD = -8.910, Highs/Lows = -1.3722) priced its Lower High. Based on the previous time (September 18th) it bounced on the Lower High trend line (dashed) it increased by +3.60%. With the 4H MA200 (orange) however limiting its upside to 1,500, we are setting a 1,490 Target on this bullish leg. You...
The wave inside “Y” in a double zigzag (B) has completed. And now the wave is developing in the form of a regular zigzag. The targets for it are in the green fib area and the critical levels are located on the lower border of the blue channel. The context of what is happening can be found here (higher degrees): look update from August, 7 in my telegram...
Silver is consolidating in the main Trading Range after creating the Distribution Schematic. A visit to the Range High in order to gather the enough fuel for the next pullback to the below of the Range, is the trigger for the short position.
Please let me know if you have any suggestions or any ideas to...
My weekly views on gold are indicated on the presentation.
Even though the buy signal is coming, I think this is the only response buys for now.
The bull market continues on the main channel.
And in 2020, even though I expect higher peaks than 2019, I think that gold prices should fall slightly.
I expect gold prices to fall in the medium term.It is very important...
This is my view on Gold for a short term pullback into 0,382 Fibonacci retracing AB at 1472.
Below how AB looks in the daily chart and where 1472 is.
Please also click & play the following chart prior of making B (above)
And this is the...
though many traders started buying gold this Friday
we should remember that technically the market is still trading within the ascending triangle formation.
Chances are still high that the solid resistance of the triangle will be respected and consolidation will continue.
So if you are looking for a true...
Platinum posted a strong rebound on the 871.00 October 2nd low and is currently rising on 1D (RSI = 62.934, MACD = 2.660, Highs/Lows = 16.6714) towards a new Higher High. The Higher High is designated by the 1M Megaphone pattern it has been trading within since August 2018. The 1D RSI patterns suggest that a new bullish leg may start without needing to make a...
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
this is rough structure based on the daily chart. If Gold moves up, USD/JPY move down, If Gold makes a bottom or a top, USD/JPY makes the opposite.
Tops and bottoms are formed but not at the same time. Moves goes in the opposite direction but they have different lenght and magnitude.
Sometime, not always, it is possible to understand which one is moving...
GOLD is steadily coming closer and closer to month's low.
I will be waiting for a reversal formation within the underlined orange area to buy the market
Stop will be strictly below the zone.
Target levels will be 1458.0 / 1466.0