Are we starting to reverse? take a look at my personal opinion on this weeks bias and targets!
for this week I'm actually still confused about the movement of gold, but after I saw it from a larger timeframe, I saw a divergence, but if we minimize it actually gold also has the potential to go down, so ? looks like this week will use a sideway market strategy for the gold market
after experiencing an increase, the usdjpy has the potential to consolidate for a moment to continue rising again, but I'm still worried about the sudden increase in the usd's strength, but it doesn't matter, don't forget to use stop losses and follow your trading plan
The trendline on daily is too steep that means it is either going straight to the upside or it is going to consolidate at resistance before going down to 33k .I believe there is another crash at 33k before btc climbs and potentially revisits all time highs again . I plotted a fibonacci to see how things could go . Patiently waiting for the price action to tell us...
Hello, This is the Daily forecast for the EU. The euro has been running wild lately and I don't think the market has stopped. Overall I am bullish on the EU and I think we will get a small pullback before move to the upside. I have set sells below 1.179 as I think it is a reasonable level to look for sells. We have a range and if we break out of this range I...
Hello traders, This is the Daily forecast for GJ. Lately we've had huge selling pressure on the market. I don't think we are done yet but very well would be. In my eagle eye I see us taping in to 149.5. But not today my friends. For today I have set 151.4 to 151.2 as the Premium buys area where I think the buying pressure will likely hit the market. Break of...
Hello traders, This is the Daily forecast for the gold. The gold had a very bullish week let's see if it will continue and will it tap into 1795. I see it as the main target right now. Break of 1782 indicates buys. I see if the market breaks this level it'll continue to go up for that 1795. As we have clean candles to the left. If the bullish momentum doesn't...
LSIP is moving below the dynamic resistance area and forming the bearish continuation pattern. LISP has the possibility to continue moving downward after breaking the rising wedge pattern and reach the target area 1005. *The roadmap will be invalid after LSIP hits the target area/resistance area.
The Dollar has derived little or nothing from the hawkish leanings of Fed’s Waller who argues that with inflation running well above the 2% target an announcement on taper could come in September for an October start, and the FOMC should do it early and fast in order to be in position to increase rates in 2022, if needed. In fact, the Buck is still on the back...
Here is what I am looking at for the potential bull case for Bitcoin in this volatile market. There is a Cup and Handle Pattern developing on ticker BTC.D aka Bitcoin Dominance. This tracks how strong Bitcoin is against all alt coins. If this breaks to the upside past the neckline, we could see a 13% pump to the upside against altcoins. This in turn could also...
This is what i'm looking at for XRP - Our medium term upside targets of $2.4 & $2.8 are still valid, we have had a break out of the higher time frame trend line and begun making our next move up. As you can see on the 4H timeframe we are in a upwards channel pattern which means there's a possibility of a pullback down to 1.15 region once the channel as played...
wait for pullback then trade. tp1: 109.63 tp2: 110.2
As you see the MAs are close togheter and candles made a powerful static resistace we hope price rise up and break the pattern but we should wait
Any dedicated live cattle traders, I would love to hear your take! If you are there is no need to read what I have below. You would probably find it very stupid. ------ I do not understand the fundamentals surrounding this market as far as when the high prices are. Doing a quick google search I see from the first image brought up that typically live cattle is...
#USDCHF Broke a Very Good Support level at around 0.92277, Now it will continue until next support level at around 0.90476 we can see a little pull back here and there but the Main level is broken so yeah.
Gold is consolidating in this Range, breakout to any of the S/R level will mean that direction will continue.