.618 fib was broken so the .50 fib gives a potential entry of .30 for a long position
ILU the titanium huntress, she stay on the bottom, will start the cycle for another high attempt.
If it closes below, it goes to the last protection fund at 8.95 approximately. If closing below 8.95 drops further, until approximately to 8.82 ... At the moment it is indicating closing above the first bottom at 9.06.
We are at the end of L2, if tomorrow or after the trend turns, it will be time to buy ...
A big fall this week. Broke through weekly 50 EMA and heading towards its 200 EMA. Will it break that and head into a downtrend?
I see the signs of capitulation in the PM minder markets. $Nugt could go up 80% like previous time, with a target of around $24. However, I'm aware we haven't seen real capitulation yet, but from a technical perspective, things looks quite safe to go long.
If will be confirmed the end of L2 line from Fibonacci, then will start (today or tomorrow) the L3 line, which means that the asset must exceed $ 17.50 as the initial target.
Potential BOTTOM on chart. If the pair will manages to Hold support, take long position on closing bar with stop below the low. The main trend is still bearish , so use a small (speculative) size, but at the same time, we have a good R/R (<1:3).
The timing on the GOLD chart XAUUSD is certainly right for a major reversal. Could happen any day, when it does, it will be very rewarding. JNUG and NUGT should really run higher.
this is not financial advise just my thought about BTC treatment . i think its more helpful we check fractal or trend line base on block frame . since BTC network created we experienced 2 halving . i showed 2+1 halving time with vertical pink line. 3 period mentioned in chart : First era - 1419 days from beginning to the first halving (28-11-2012) that...
BTC ECONOMIC BASIC There are a lot of speculations that bitcoin would go to 3000... well those who tell you that don't have a clue what they are talking about. Bitcoin/altcoins can be compared to stocks/gold/silver etc. Now some of you will be shouting at me that it is not the same but this is just a example. In this case we take a look at gold. To mine gold...
Highly likely that AG has seen the bottom and is now climbing the wall of worry in a choppy way before trend is commencing. Expected path outlined on chart.
Here's my 2 cents on the miners. Based on the last 7 months or so, it looks like we had 2 cycles and are currently in a 3rd. They range about 109-137 days. In each of these waves you can see three minor waves. If we are currently in the 3rd wave of the 3rd cycle then I would expect it to be LT and drop fairly soon. It shouldn't take out the highs of April unless...
I have a possible pathway for the Junior Gold Miners, which could turn bullish together with gold of-course and other precious metals. I think if it eventually goes the uptrend, it will hopefully do it continuously like the downtrend...
US sanctions on Rusal send Aluminium prices higher. Can Aluminium complete the trend reversal and head into an new uptrend ? Needs to break 3.802 to really confirm a new trend
US sanctions affecting Evraz share price today, plus many others e.g. Polymetal.
$ilver is trading inside of a symmetric triangle. These triangles are continuation patterns 75% of the time. The triangle should break higher or lower within the next couple of weeks. In addition, an inverse head and shoulders is also in play. My play on this move is TAHO, BCEKF, FSM and HL. LOCKED AND LOADED BABY. FOMC day is next Wednesday at 2:00pm ET. This...