Neilsh

Neilsh Pro+

Nasdax at possible break out point, there are a few trends to break but it has had a little consolidation on the 50% Fib which is measured from march 2020 to Ath. It has broken a local trend and now is right at another trend line so I will be watching it today and early next week for a long position.

Neilsh Pro+

Gold has broken upwards from a bearish channel and has successfully retested structure shortly before close of trading last week. Gold has set a higher high and higher low on the 4Hr timeframe after quickly touching a long term trend line from March 2020.

Neilsh Pro+

Please See chart for description. Add your thoughts please!

Neilsh Pro+

As you can see on the Monthly chart we are at a strong support level of high volume and also the rising lower trendline support. I will be looking for Longs from current support. Pls see 4hr chart below. I will be looking for a break out of the descending trendline resistance. With confirmation like a double bottom or retest of broken resistance level to go long.

Neilsh Pro+

Gold is at a strong Monthly close level of support, 4th touch of ascending trendline and setting Higher highs Higher lows on the Daily timeframe. Higher than expected levels of inflation seem to be the norm and we are all experiencing that so early next week I will be looking for a Bullish breakout and retest of the 1810 level to long Gold. Please see supporting...

Neilsh Pro+

Gold is at a strong Monthly close level of support, 4th touch of ascending trendline and setting Higher highs Higher lows on the Daily timeframe. Higher than expected levels of inflation seem to be the norm and we are all experiencing that so early next week I will be looking for a Bullish breakout and retest of the 1810 level to long Gold. Please see supporting...

Neilsh Pro+

Massive 13 yr trend line broken. Retest of Value Area for long term hold.

Neilsh Pro+

Hi all, S&P is showing signs of reversal. It is moving within a ascending wedge clearly seen on the Daily chart and we possibly have a Gravestone Doji candle forming on the Weekly.. both suggesting a reversal is coming. I will be looking for a breakdown below 1D and 1W ATH candle close level and then shorting the retest of said level.

Neilsh Pro+

The USA Feds printing press or credit supply machine of money supply is an incredible chart... wish I could have been long on that one!!! Like looking at BTC on a 1W chart that thing mooned hard! But like BTC we know it rockets up but also it returns to its mean.. usually an 80% drop from ATH. I'm not saying the money supply will be cut by 80% but with such an...

Neilsh Pro+

This is the Value area to set Buy Limit orders

Neilsh Pro+

I'm waiting till September or August for a break upwards to new highs. I believe we will see a ranging market for the next few months and then a break of the 14000 level and retest. I will be looking for a successful Daily close above 14000 and consolidation above that area.

Neilsh Pro+

Hi Some notes to myself and hopefully something helpful to my fellow traders for trading longer term market structure without the use of lagging indicators. Simply looking for reversal patterns like the double bottom seen here then waiting for a break out upwards of Structure Resistance and the decending trendline .. Retest of now hopefully support.. waiting for a...

Neilsh Pro+

Measuring the last 2 Bullish waves up and comparing them to the last 2 Bearish waves down shows Slowing Bullish momentum. The Bullish wave to the high took longer and had a smaller % gain than the previous wave up.. and also if you measure the bullish waves from 16k each has been smaller than the previous. The Bearish waves down are growing in size and speed.

Neilsh Pro+

Hi all, Just wanted to share something that I noticed with BTC for educational purposes. I measured the last two bullish legs... the 1st to $42000 and second to $58000. The 1st move being $320% and the 2nd being pretty much a 100% move up. This looks to me like the upwards momentum is slowing and that this possible leg up to $74000 and 70% might possibly be the...

Neilsh Pro+

An interesting n simple way to look at the market ...Stochastic with 14- 5- 5 setting. Two Descending Wedges.. only time will tell which one will play out.. possibly the latter (in my mind) .. And if you judge this market by and compare it the last Bear market in 2014-2015. But hey 2019 isn't 2014 so stay abstract in your Zen..

Neilsh Pro+

I'm not liking the look of the fast approaching 55ma.. its played strong resistance since Sept on the Daily. 13ma looking like it will cross under the Bol Basis line. Volume is dropping. Bollinger bands are tightening so we have some Volatility coming. On the 1W Chart Stochastic RSI is very low at 11 and starting to curl up. CCI is low @ -148.0000 and moving...

Neilsh Pro+

Some price comparison between 2014 and 2018 bear markets.

Neilsh Pro+

BTC moving inside falling wedge. I'll be looking for a strong volume break to the upside to validate this pattern as bullish.