Greetings Esteemed Investors, I've received numerous inquiries regarding my gold (XAU) long position. Some of you have even suggested that I might be mistaken and consider XAU to be bearish. While I cannot assess your individual trades, I can provide a more detailed explanation of my rationale. Comparing Indicators Top Chart: Supertrend This chart...
Please support this idea with LIKE if you find it useful. XAUUSD 2023 YEARLY STRUCTURE OHLC Bearish divergence starting from 01 July, 2020 to current market Price in the monthly time frame. Structure for this year is marked in red vertical line (January). Price opened high with April breaking above the open. Currently have price consolidating below...
In this video i am talking about how i predicted the bottom on the dollar and why my target is at 46K. If the people like this video i am going to make videos with much more details and much more Ta. What do you think about the 46K target ? Feel free to leave a comment. If you like my ideas please follow me and like the post because you can find always something...
I'm looking for a long opportunity on NYSE:BABA in 2023. Before 2022, it's all-time low was $57.20, and it tested and closed above this level in the fourth quarter of 22'. This leaves me to believe, $BABA will be a good long-term opportunity for this year.
Going into the new year, I am watching NYSE:WMT for a short/take profit opportunity. Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!
BINANCE:BTCUSDT My outlook for #Bitcoin structurally on the early #2023 #monthly timeframe. The #levels where we will probably see the reversal of the three-month candles. I am waiting to see which range of liquidity we will face in the first quarter of the year And wait to see how the first month of the first quarter behaves
BTCUSDT - Expected to take on new cycle where current resistance zone of 40,221 shall become new support zone within 1.5 year retraction cycle setting Highest High as a new resistance zone for next 4 year cycle.
This is a yearly chart of Unilever over the past 50+ years (non-logarithmic). The orange line is a smoothened 9-year moving average. This line provides the most conservative price at which Unilever will likely close the year (about 6% higher than the current price). The 9-year smoothened moving average has never failed to provide support in the past nearly...
Just an observation: T. Rowe (TROW) appears to have found support on the yearly base line (red line) of the Ichimoku Cloud. Which has proven to be a bottom in past years (2020). I believe that price will try to recover to at least the conversion line (blue line) $140s by the close of the year (if not much sooner). This will also bring the price back above the...
CADJPY 1-YEAR BEARISH SETUP So looking at the CADJPY Chart you will notice that it has come to an important resistance, and we will be anticipating a possible break of structure anytime from now...
I'm sitting and cash and waiting for a reversal signal on ADA. Wait for .33 and .156 for reversals
This is an Observation i am making of regardless of if i am right or wrong about it. SPX printed a Beautiful Hammer candle : As Very bullish Hammer Candle was printed by SPX so that means Should we really expect a huge pullback or drop/crash in near term future ? I think not. Highly unlikely. One factor why This Supercycle Wave 5 of SPX is not finished or...
Pivot Fibonacci yearly. The next new level for long term perspective.
Here is what can we see after these days at end of the 2021...
Gold has for the past 6 years gone up in the months December, January, February. This established trend peaks near the end of February and is followed by a sell off in the month of March.
Please note the repeating pattern occurring after yearly highs of 2018, 2019 and 2021. Each creates a small resistance prior to new yearly high, followed by a retracement back to the small pre spike resistance.
In ths post you can see the power of yearly Camarilla levels on monthly chart in conjuction wth 8 months ema. In 2020 EURUSD failed to close below the yearly floor (S4) It broke the yearly roof (R4) and ended at H5 (High5/R5) post breakout level. Unfortunately tradingview does not plot yearly S5 and R5 - this needs to be fixed.