rally

It never ends!

short rally than will go back up.

It might be time to go bullish on gold ETFs. The pattrern is clear and if the stock doesn't break below the 0.786 fibonacci level ( from X to A), the odds of a bullish rally are in our favor. It might not buy today because we are friday, but i will definetly look into it monday morning.

Bitcoin is pulling back. Great timing to enter the rally. Question is WHERE exactly? Here are some potential entry points. In no particular order: $1,900: Confirmed support/resistance level (once). $2,200: Mildly confirmed resistance level and 38.2% Fibonacci Retracement level. $1,700: Pinpointed sup/res confirmation and 61.8% Fib level. The strongest in my ...

WTI: USOIL It's not quite reached the target yet by about 11 pips but if it touches that perfect level it will likely only be a spike, so am closing out here and thinking about a counter rally long for 100 pips - still overall bearish though so still looking to short again, but hopefully from higher up - or on a break below first target as per comment.

DXY: Dollar Index Update and confirming levels for shorting USDEUR. These two go hand in glove right now. Really helpful for identifying short term USD counter rallies and resistance points.

All right, EURO substantiate itself after recovery from bottle neck and now just it needs to prove itself by testing the support and go for higher ranges. We're looking for bull flag as a retracement down to 1.19000 follows by rejection and reinstating 1.12020 as confirmed base.

USDEUR: After rinsing out the gains made over the holiday period USD is back on support and looking to rally again from here

DXY: Doillar Index - double bottom at 96.8 - loss of downward momemtum - and trying to rally as per comment - all Dollar shorts should have been closed as per last comment by now...consider getting long $ for counter rally using DXY as guide and trigger.

USDGBP: The head and shoulders top signals further medium term weakness for the dollar down to 0.7452. Look to sell into next dollar rally.

USDCAD: USD beginning to break down and has a lot further from here to run. Look to short USD rally as per comment

AUDUSD: the US Dollar looks like it's going to collapse on Monday with a strong Euro and GBP the drivers. But it will sweep AUD up in the tailwinds, creating a counter-rally and dragging it back up to .7473 (if you buy sell half here) and more likely up to .7515 (sell other half here) where it becomes a fabulous short once more.

Gold has broken down and should hit 1201 next week. But in very near term it's staging a minor rally within what is now developing into a medium term downtrend. Levels to watch today. PLEASE check CRB index comment if you trade Gold. It will help you understand and stay on the right side of the bigger picture...

I have been working on a strategy involving cycles, structure & price. I've had great results with currency pairs & Gold.. Except for when news is released and price manipulation, that's when things don't work.. This is what my strategy is indicating for Silver. I am still in the works of truly understanding if this is more than a theory, so don't bite me if I'm ...

OANDA:NZDUSD looks like its forming a nice floor where a lot of key technical levels and indicators are at. 4H Moving Averages: https://www.tradingview.com/x/YirVH9tk/ OANDA:NZDUSD was able to get above key moving averages in the 4H timeframe and it has held well so far. Weekly Higher Lows Trendline: https://www.tradingview.com/x/mSl5GG7R/ Even after some ...

Hey traders, we may have seen the completion of bearish Wave-B last week which means this a potential powerful rally may be forthcoming in the next week or two. Alternatively, a bearish breakout would require a recount. My bias is to the upside despite the political uncertainty.

i have been looking for oil prices in the short term to bottom at the 45.6-46.1 level; This chart is meant to provide Target Prices for my 'Oil Channel - If It's Not Broke...' chart; please refer to that chart for more information on my overall view as this chart is intended only as a support chart for price targets. I will buy/open long positions at 46.10 and ...

Double Top & Dollar breakout, expecting a nice dive in the incoming days. Short 101.50 TP 99.00