Kassem_Trades

Kassem_Trades

There is a new oportunity in the JNUG to make some gold ;) every time de Stochastic RSI makes a possitive cross JNUG prints some great profits, and in this case the Gold is backing up this movent because in managed to hold the 1265 level and made a quick bounce over a long term resistance at about 1280. I think we´re going to test the upper part of the triangle...

Kassem_Trades

A you can see in this long term monthly log chart its probably time to go and visit the bottom part of the arc again before we have room for more upside. Remember that charts are an interpretation of wha'ts going on in the markets/economy and bullish and growth cycles are that... cycles they can't go on for ever.

Kassem_Trades Updated 

Here comes the moneyyyyy...... Or the gold to be more specific. Gold is going to have a great year, today the FED is confirming a more cautious approach to rate hikes and that means a weaker dollar and a stronger gold. Junior Miners are about to catch up and the JNUG is confirming a break out of an Inverse H&S pattern plus a bullish MACD cross on the daily chart....

Kassem_Trades Updated 

La corrección actual del IPC de la bolsa Mexicana todavía tiene mayor potencial. Comparando la baja de 2008 donde vemos un comportamiento muy similar podemos observar que hizo un doble piso en el 2.618 de Fibonacci. Si esta corrección sigue el mismo patrón tenemos un potencial de baja hasta niveles de 39,000. En la gráfica podemos observar la similitud en los...

Kassem_Trades

A taking profit pattern is taking place, target around 7,600 where de trend line and .618 fibo retracement collide.

Kassem_Trades Updated 

Facebook has had a couple of bad days since the data scandal, but I think that is a good opportunity to take a position around $155 with a stop loss just below $148 where it found support, the bounce could take us to the .786 $177.90 fib level of the last impulse and maybe star a new Elliot wave count since it has finished an ABC correction pattern. Remember this...

Kassem_Trades Updated 

On the 4h chart BTC its clearly closing an inverse H&S plus the bullish divergen (red line) plus MACD cross over the 0 line (red circle), this can launch us to the resistance zone (in purple) and if we made it through it to the hole extent of the neckline to about 11,800. Don't trade until the inverted H&S has close, its to risky. Happy trading.

Kassem_Trades

This is a long term trade. Text book confirmation of a trend reversal on the 1 day chart. When a Doji Star (Price opens and closes at same price) is followed by a big white -or in this case green- candle it signals the start of a new bull run and that the bear market is over.... for now. First target: $14k - Take 25% of profit Second target: 17 - Take 25% of...

Kassem_Trades

A clear Bull Flag is forming on the 45 min and 4hr chart, the length of the pole give us a 2.40 target which also is very close to the .618 fib ret. also in the 45min chart we are entering in over sold conditions that may give the bulls momentum. In order for the target to take place we need to break the 1.80 resistance. On the other hand if we go under 1.40 I...

Kassem_Trades

I hope this is how is going to playout, an inverted head & shoulders pattern.