BodiesXWix

BodiesXWix Updated 

Scrap my Bulishness from last night. Looks like we could be setting up for the classic head and shoulder. If so, look to start selling around the 1975 area. And with so much selling pressure I wouldn't expect too much room for a stop loss. I'm a very R:R (Risk:Reward) focused trader, if you've been following me you can tell. Because if it does reach above the 1990...

BodiesXWix Updated 

Let's face it. Gold is not slowing anytime soon. If it was going to have a major pullback, we would have seen it a long time ago. It's currently in the resting phase. It sold a lot and very quickly. Look for gold to take a little break this week. Slowly hitting many the stair steps that it did on its way up the same way back down. Currently forming a descending...

BodiesXWix Updated 

If gold continues this predictable trend. The next buy area will be around 2053-54. We're not seeing many big dips so I wouldn't be expecting one. I'm setting a tight stop loss and if we do see a big dip, I'll have another chance at a better buy.

BodiesXWix Updated 

All analysis according to the 15M Chart Oversold early and it's losing strength according to the RSI. The pre market resistance turned support level is now at the 618 fib level. It makes sense to short at this moment of the day. Add a MACD and it the momentum is coming to the 0 level after crosing for updward momentum to downward momentum to 0. Seems like it...

BodiesXWix

FX:USDJPY On the 45M chart I noticed a solid sell to buy candle. No wicks. Seems like an institutional candle that needs to be mitigated. Plenty of imbalances in the bullish candles following that need to be filled. IF ( BIG IF) we see USDJPY have a large pull back, I think we could see a buy at the 104.765 area. SL is less than 20 pips with a great return,...

BodiesXWix

Shown in the weekly chart you can see a significant move that breaks a decade long trand line. However, at a cloaser look on the daily, you can see that it closed below the trendline. After another drill into the anlytics, you can see where many resistances were broken and retested. Looking at the 4HR chart you can see multiple resistance lines have been broken...

BodiesXWix Updated 

Trade the triangle. I have a bearish Bias :) XAGUSD OANDA:XAGUSD

BodiesXWix Updated 

Change of plans. It appears the daily channel has some massive resistance. You might get a shortbuy to the top of the channel but eventually we all saw this coming sooner or later. The Short on Gold. It's Either that or it rides the rop of the channel, Bounces off the top of the channel to a fib retracement, then eventually through the top of daily channel and up...

BodiesXWix Updated 

Retest from the previous resistance, turned support, go Long. but for how long?

BodiesXWix

Nas is hitting a major resistance area on it's rare down tend. I expect it to break out of this down trending channel and retest the same area (about where it is now) to go long. I would look for this On Monday next week. I don't think it will be happening today.

BodiesXWix Updated 

1883.050 will be the area I watch to sell for a major pull back. The pullback should mitigate the last bear candle before it's most recent Bull run. Also akeing out some equal lows grabbing the liquidiy below. All while staying in the daily channel. Once that mark is reached around 1785, then there should be a moment to buy to continue to a new high. But I think...

BodiesXWix Updated 

got in at 3270.68. To get out and go long at the retest level of the early June highs of 3235. Which is also the .618 fib level of the most recent wave. Looking to set up nicely.

BodiesXWix

We've seen a steady increas of SPX (S&P500) Over the last few weeks, This particular level is of great interest as it not only retests the highs from early June and is less than 20 pips from the 618 level of the fib retracement of the most recent higher high and higher low. All whilst still following the channel. If this comes to fruition, we could see a steady...

BodiesXWix

Give it some breathing room to 40.08 but this should take the price up to 43.00. President Trump speaks after the market close so we should see it all take place wround that time.

BodiesXWix

Should break out of the daily Triangle and retest around the 250-249.10 area to go long.

BodiesXWix Updated 

I invested in GPL as it was an essential mining company for precious metals. Considering the price of precious metals are skyrocketing, so are the mining companies stocks. Great Panther silver has recently turned from a down trend to an uptrend. Just waiting on a retest of a trendline or a fib level before I sell some indecisive stocks and place them on GPL.

BodiesXWix Updated 

Looking for XAUUSD (GOLD) to get around the 1804-1802 area to go long. Expecting a new high this week with all of the news and the dollar to possibly get weaker. Gold usually gets a little stronger. I don't think we're near the peak of gold just yet.

BodiesXWix Updated 

Key Area for bitcoin. If it retests off the key area around 9184, we could see a continuation of buillish-nish. However, if it struggles at the key area and drops below 9175 it could continue down. But i believe we're at a squeeze moment and a retest for the long shot is my call.