The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this...
Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏
Now, it is...
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
The chart shows us:
Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal .
with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we...
Reddit, WallStreetBets, GameStop, Silver, Dogecoin, Shortselling, Twitter and so on. These key words are currently dominating the financial world. But what comes quickly, fades quickly, too. Let us not be distracted that there are thousands of well-managed and strongly positioned companies that await your investments. While many assets’ future already are gambles...
Yesterday’s GameStop phenomenon shook the markets, and the S&P500 took a hard hit, falling under the mark of 3750 points. However, we believe that this shock is short-lived, which means that we expect the S&P to rise again. Before we reach the critical resistance zone, which has been tested several times by the index over last couple of weeks, there is a 38%...
This week was a particularly chaotic one for the British Brent oil. While it started strong, it lost almost all its momentum and dropped back to the levels at the beginning of the week. We expect it to further decline in the short run, but also to bounce back before it reaches $53.39. This mark is especially important. Below that price, our alternative scenario...
Except for Robert Kiyosaki, the writer of “Rich Dad Poor Dad”, only a few others seem to talk about silver. However, we might be facing a nice run over the coming days from this metal. We are increasingly confident that it is now leaving the mark of $25.12 behind and moving up to tackle $28.10. This is an important hurdle in our calculation that silver needs to...
Yeah, we’re all hyped up and optimistic about Ethereum – and there is little that speaks against this! However, if we were to throw ourselves blindly into every trade, we’d be gamblers and not investors. With Ethereum, we reached a crucial point. According to our calculations, we expect it to rise further above the all-time high of $1424.30, decline a bit, and...
This is an example of trading ltf of a htf level. We can try and fail more than once, but the idea is keeping loses minimal when we're wrong, keeping our position on the right side, defining clear rules for pulling the trigger and let it flow on the right time.
1) the level is broken, first try. short from 24775. and the stop is 1hr close above the level. a...
BTC / USDT >>> for the trend of BTC is still dominant to go up, but here I see a decline level. the price above 19420/19586,
while the price decline 17823/17676.
currently BTC is still trying to reverse the 20k direction.
will BTC take the swing?
BTC / USDT >>> noticed that the current trend is experiencing a drastic decline, where alt coins are also experiencing a decline overall. price stability level of 16,800 / 17,000.
note the guide line that I made.
As I had pointed out on my earlier post I was waiting on the neckline retracement to get short and yes we got to the horizontal blue zone and not quite to my red box preferred zone. I’ll take what the markets give though.
Earlier this morning took 1/2 off ( because it’s Friday more then anything as to why ) and going to search for add on opportunities. With...
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
On W1 and D1 i see a downtrend channel. The price touched the bottom of the channel, and it reversed.
Uptrend started, it shows my trendline and the 50EMA broken upwards.
My stop loss is at 1.18000
Just let that trade run, I will update that...