IS GOLD DROWING? OVERVIEW TECHNICAL!We saw last week that problems getting the vaccinations distributed, rising coronavirus cases, weakening economic data and a dovish tone from the Chairman of the Federal Reserve failed to fuel a rally in Gold. And why was this? Rising Treasury yields and safe-haven demand for the U.S. Dollar.
Trade-setup
USDJPY TRADING IDEA - ANALYSIS 🔔Technically, the gradual decline in aging remains under influence. Monday's closing was the strongest since December 10 at 104.18 and the high of 104.39 nearly hit the channel's upper boundary. The highest on Tuesday was 104.33, as would have been unable to break the boundary on Monday, and the bottom at 103.74 represented the refusal. There is no technical case for a reversal requiring a reasonable foundation within the channel.
Stocks Above 150d MA Reflected on an SPX's chart, Bad for Bears!1/NYSE Stocks Above 150d Average Index "MMOF" Reflected here on SPX.
2/This is a confirmation that these high readings happen at the beginning of new grand cycles !!!
3/Between lines no big corrections Just 9% pullback, let see with covid-19 what happen !!!
VIEWShort nifty only when 15 min candle closes below 13399.30, short with future. Today's trend looks downside to me. The best will be shorting call at the upside. because premiums are high buying options is risky. you can do scalp trade in bank nifty because 30 min trend line is already broken. Short bank nifty if 15 min closes below 30346.50. for 250 points downside.
$XRP impulse is holding for now, bullish ST, HL long opportunityDisclaimer: This is not financial advice. High leverage trading is about entries, you need to have patience and not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. My aim is to capture quick & safe profits, not to predict the future, this is possible only by planning ahead and waiting for a good entry. If you're nervous and itching to open a position then take a few deep breaths and don't trade.
$XRP is stuck in a range right above the .5 fib level, the impulse that started after the crash in March seems to be holding up for now. Should we lose 0.22 on the daily then the impulse scenario would be invalidated. Short term another leg up is in the cards, targeting $.32.
High leverage long set up:
Entry: 0.25-0.22, the closer to 0.22 the better
SL: 0.22
TP1: .32
TP2: .5
MSFT LONG We need to proced with caution with this trade, the markest have a lot of volatility and risk aversion at the moment.
On the technical side we have a nice buying area that we have tested before arround the 195, in case it breaks to the down side we close the trade because we don´t if the stock can return to 140.






















