As per my previous CORRECT analysis back in April 26th (), the move upwards up to the upper trendline has been confirmed as well as the move downwards. This move downwards was quite a violent bearish move and strongly suggests that an Impulse move downwards has now started, for a long-term SHORT. TDI confirms the strong Bearish move downwards and we should now...
Possible FLAG Pattern on the Monthly with additional Harmonic It seems we have a confirmed breakout of structure on the Monthly as well as a FLAG pattern that seems to have been formed. Additionally, it seems there could be a pullback during the next couple of months, if a Bearish Cypher Harmonic Pattern is to be confirmed. Two directions are possible in this...
Seems like a solid setup on daily. Be careful as we don't have confirmation on 4H and weekly, but anything can happen. Bounce from RSI50 and mid-line are more than often solid so we should get a confirmation soon. Let see what the market brings us. Three TPs for this long on each blue dotted line with SL just under last low. GL HF
New picture in Gold is showing bearish momentum. I expect it to continue forward to the south as we continue to be in consolidation area on weekly and monthly TF. Apart from the fact that PAC hasn't been broken yet, it's a simple setup. Sometimes, simpler is better! GL HF
I think it's worth to take a long here. My concern is that going long now is too obvious so I would expect a bearish spike to wipe out all long like mine. I target last consolidation zone, but in case of bullish rally we could keep this trade longer. However be sure to use SL here. GL HF
I switched my previous long to a short but trying to set up Pending Order instead of Market Price. As 4H RSI is very low I suspect a small pullback around 1.065/1.066 before diving more. Let's see what the market give us. SL is at previous fib level. GL HF
I've always liked minerals and raw materials. Maybe I will focus more on commodities in the future. I believe this is a good setup for PLatinum. We have a SL below latest low, that is not too far. We had a breakout on 4H, that should slow down a bit but not so much and then we can go to the sky. GL HF
As we are one day before the SEGWITx2 / UASF upgrade, the chart becomes clearer and over the next day or so, we should see the completion of what seems to be a triangle forming. A possible Bullish Gartley could also be confirmed if price action reaches the confirmation area. Either way, the trend is definitely BULLISH and there is no sign the trend is about to...
I wasn't convinced of the recent bearish behavior of this pair, related to Gold most of the time. But FOMC today is sending back UJ around 111 that "could" prove the fib retracement indicated on my daily chart. So, if this is confirmed by the market, we could have a bigger move south coming in the next couple weeks. First TP should be around 109.8. GL HF
Here we have a possible Extension to the 1.272 from the .786 Retracement. I will not take the trade until I see it come back up and test the .786 retracement and there is obvious TDI divergence. We shall see what happens after Monday. I wouldnt be surprised if Monday the market rallies up a bit to trap more buyers, then drop it quickly in London. www.tradingview.com
I'm trying to fight my bearish bias on Silver/Gold. As this setup is respecting my criteria, I believe it's a good way to improve to start this trade. RR is good and 4H/D shows interesting momentum. Also, I view the recent bottom spike as an escape short for banksters... They would do that before going full bullish! Let's see what the market gives us! GL HF
This should be a quick trade. We either follow the bullish breakthrough on 4H to top 1.47/1.48 or we fall miserably below my SL. Momentum is not so strong but as I'm tweaking some indicators, I want to check this specific setup on this pair. So, more than for others trades, be careful and take care. GL HF
We have a breakout on 4H and daily TF. Good RR and 2 TPs as shown on daily TF. TDI could rebound on both TF but not too much to prove that it's a clear breakout. Let's see how this pair behaves. GL HF
It's an unusual trade. Everytime we open a trade we look at the bigger picture. In case of Palladium, it's already very high, close to highest price of history. So this is not a usual place to buy. But this is because it's not a usual place to buy that's we open a LONG. We have a breakout on daily, confirmed by 4H. We could see a retest of previous high around...
Hi there fellow traders! New shot at my portfolio of strategy, I would like to share my view on USDCHF. We could see it at already very low but I'm seeing a full bearish momentum here and still more room to go south. This trade is very long, very risky and have a big SL in terms of pips. My target on weekly is not really reasonable (0.83) but you never...
It seems we may have a Bullish Gartley Harmonic forming on the 4 Hourly and Daily charts where price action is now on it's way down to the confirmation area. Should the bullish Gartley harmonic pattern form, it will become a highly probable pattern that should give strong signal to buy/LONG this crypto. TDI shows current progression downwards following price...
It seems that NINE Entertainment Australia is progressing LONG inside an Ascending Triangle, as I had forecast back in January, See here: All EMAs have now crossed, including the MAYO and BLUEBERRY EMAs which confirms continued upward movement together with TDI also showing continued upward movement. Wave count remains the same, however although this is a long...
Seems a legit LONG on 4H view. I'm a bit worried about Weekly topping a bit, so just in case I placed a small SL, because there is a strong possibility of going south in the next couple days. But sudden breakout happens when hidden divergence seems too obvious and I believe this is the case. Anyway this is just 70 pips of risk. GL HF