WELCOME TO MY PAGE! FEEL FREE TO LIKE AND SUPPORT BY FOLLOWING IF YOU LIKE WHAT YOU SEE =) BTC has been following an ascending wedge line since 11 May 1800pm. It was rejected sharply by the 200 MA on 11 May 1200pm, where a sharp spike was quickly overturned by massive selling pressure Now since 13 May 0000pm, it has been following the underside of 100 MA...
WELCOME TO MY PAG AND AS ALWAYS, FEEL FREE TO LIKE AND FOLLOW FOR SUPPORT IF YOU LIKE WHAT YOU SEE = ) I definitely see GOLD going LONG after a short temporary dip to the green support line, if the long time ascending channel holds. (This channel has so far, been very well respected.) Possible LONG opportunities: TP1 @ 1709, TP2 @ 1714, and TP3 @ 1721 Remember...
WELCOME TO MY PAGE AND FEEL FREE TO LIKE AND SUPPORT BY FOLLOWING, I hope everyone has a great day in the market today = ) Chart above shows XAUUSD in H1 Time Frame. Continuing from our previous idea, XAUUSD Gold has indeed followed our plan as stated, a BREAKDOWN from the top of the channel line (GREEN) towards the bottom. Now, we look for how GOLD reacts at...
It sure does scare me to see such a well formed chart pattern unfolding before the eyes... - A rejection from 8900 definitely means a drop to the 7700s support area - A close above 8900 could mean a retouch of 9000, 9200 and 9500 possibly Overall i would be careful and not play longs on this for fear of a fake out above. Regards, GOL D ROGER
WELCOME TO MY PAGE AND GOOD DAY TO ALL, FEEL FREE TO LIKE AND FOLLOW IF YOU LIKE WHAT YOU SEE = ) BTCUSD Bitcoin giving us the emotional rollercoaster ride of our lives! The chart shows my forecast for BTC's next move, with possible scenarios A or B. In the meantime, I see BTC touching the nearest support level @ 8500s a few more times. Some of us want the...
After checking my previous post and cross-referencing with Fib Analysis and historical data, I can safely say 2 paths BTCUSD will take from now: 1) REBOUND FROM BOTTOM OF ASCENDING CHANNEL and 0.236 Fibonacci Line --> Taking us to resistances @ 9200, 9500 and finally 10000 However, this requires massive buy volumes to overcome 3 major resistances levels close...
WELCOME TO MY PAGE AND FEEL FREE TO LIKE AND FOLLOW IF YOU ENJOYED THE POST = ) As seen on the H1 and D1 Time frame, GOLD has repeated touched the top of ascending channel line, which has proved to be a strong resistance to break. A quick breakout on 7 May 2020 has brought XAUUSD above the channel, however proving inadequate to maintain gold above 1710, an...
A huge reversal is turning out right now on the M15 Timeframe, traders are buying the dip in massive volumes. GOOD TIME TO BUY NOW As always, set your stop losses and trade carefully. For traders looking for more safety/risk management : (as the saying goes "All profits are unrealized till position closed, but all losses may be realized before you realize it"...
WELCOME TO MY PAGE, FEEL FREE TO LIKE AND FOLLOW IF YOU ENJOYED WHAT I SHARED = ) The selloff recently has closed out and liquidated millions of long positions as they hit their stop losses, BUT DO NOT PANIC, as always, we aim to "BUY THE DIP and SELL THE HIGHS", maxmising profits in EVERY situation. As seen on the H1 or even D1 Timeframe, we can see the...
BTC seems to be in an ascending channel on the H1 Timeframe. A previous double top bearish formation at 9400 has caused a sell off to hit the bottom of the channel, which has strongly rejected the sell, thereby validating 9100 as a strong support. Technical Indicators: BTC continues to fight in the 9350 range, with selling pressure dying fast as seen in the...
WELCOME TO MY PAGE, PLEASE DO LIKE AND SUPPORT MY ANALYSIS, I hope what I shared can help everyone out in their trades! = ) AAPL Apple Inc appears to be in a long sustained BULL RUN on the D1 Time Frame, with short impulse pullbacks and long sustained daily green candles. Stochastics and MACD points towards a strong buying pressure, both showing green in the buy...
A bearish double top pattern has been seen to be formed at the top level of the ascending wedge channel. Now, gold appears to be consolidating in a range. An hourly close below the support line @ 1710 would bring us to a SHORT OPPORTUNITY to TP1 @ 1695 and TP2 @ 1685 Remember to place stop loss orders, and FEEL FREE TO LIKE AND FOLOW IF YOU LIKE WHAT YOU SEE...
HELLO EVERYONE, FEEL FREE TO LIKE AND FOLLOW IF YOU LIKE MY IDEAS! First of, H1 Time frame, shows a recent bearish double top pattern that lead to a sell off to the nearest support level @ 25.00. This is followed by a SHARP REJECTION at the resistance line @ 27.70, proving to be a tough barrier to break through. WTI is now fighting in the 25.00 - 26.00...
WELCOME TO MY PAGE, PLEASE SUPPORT BY LIKING AND FOLLOWING Gold has always been my favorite in times of economic downturn, it never fails to rise and I hope you guys get to capitalize on these opportunities in spite of the crisis. WE MAKE THE BEST OUT OF THE SITUATION Technical Analysis: H1 Timeframe shows us that XAUUSD had broken out of a descending wedge,...
A very Good Morning to everyone! Hope everyone achieved their take profits today = ) and remember to like and follow if you enjoyed what you see! On the daily D and H1 Time frame, BTCUSD seems to be doing well as I expected, breaking out of the channel with strong buying pressure as described in my previous post. Now we look towards for BTCUSD to retest @ 10300...
Before I start, I would like to welcome y'all to support by liking and following my page if you like what you see here : ) So far I have really enjoyed the experience here with the wonderful trading community, it is great to see the unbounded sharing of ideas by our fellow traders, so I thought of giving back as well. Here are my two cents on ETHUSD: H1 Timeframe...
A bullish flag pattern seems to be forming in the D1 Timeframe, currently possibly on its THIRD rebound of the bottom of the wedge. Short Term Opportunities to watch for: - A STRONG REJECTION AND REBOUND FROM SUPPORT @ 1680 --> possible LONG opportunity to the top of the wedge @ 1710 - A BREAKDOWN below support 1680 --> SHORT opportunity to the nearest support...
Based on the H1 Timeframe, BTCUSD has broken out of the resistance level @ 9183 and appears to be retesting it, looking to be forming a bullish flag. To watch for: - BREAKOUT ABOVE 9400 --> definitely means a LONG opportunity to the next resistance for Take Profit 1 @ 9650, TP2 @ 9980, and TP3 @ 10180 (Which are historical strong resistances seen in Feburary 2020...