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Last visit Joined 3 years ago arvindacumos
Markets Allocation
36 % forex 7 % cryptocurrency 57 % other
Top Mentioned Symbols
XAUUSD 42% | 6 GBPJPY 14% | 2 USOIL 14% | 2 BTCUSD 7% | 1
R R XAUUSD, 240, Short , 2 years ago
XAUUSD: Gold rally rejected again?
235 0 6
XAUUSD, 240 Short
Gold rally rejected again?

Gold just bumped the 50% fib level which apparently a major resistance level. I'm looking for a short position with initial take profit @ 61.8% fib level.

R R AUDNZD, D, Short , 2 years ago
AUDNZD: The trend is your friend
24 0 0
AUDNZD, D Short
The trend is your friend

This is definitely a no-brainer resistance may break though... but just like the old saying goes "The trend is your friend"

R R XAUUSD, 60, 2 years ago
XAUUSD: Gold another potential bullish three drive?
57 0 0
XAUUSD, 60
Gold another potential bullish three drive?

Is Gold setting another potential bullish three drive?

R R USOIL, 60, Long , 2 years ago
USOIL: Crude Oil Wedge or Triple Bottom?
116 1 1
USOIL, 60 Long
Crude Oil Wedge or Triple Bottom?

Coming off from a bearish AB=CD pattern, Crude Oil is probably now zigzagging along a Wedge pattern. With price just bounced off the 78.6% fib and RSI above 30, I am looking for a long position with target price just below the channel's ceiling if it breaks the ceiling I will hold long playing the triple bottom pattern with target just below the previous high.

R R GBPJPY, D, Short , 2 years ago
GBPJPY: GJ Rising Wedge
18 0 1
GBPJPY, D Short
GJ Rising Wedge

Expecting a breakout off this rising wedge come Japan CPI data. Will enter short just below 78.6% fib level and take my initial profit at 61.8% then close my position at the next support level which happens to be 50% fib.

R R USDJPY, D, Short , 2 years ago
USDJPY: UJ Descending Triangle
24 0 2
USDJPY, D Short
UJ Descending Triangle

Expecting a breakout off this pattern come Japan CPI data. Will go short and take my initial profit at 61.8% fib then close all my position at the next support level.

R R USOIL, 60, 2 years ago
USOIL: Crude Oil potential bearish AB=CD pattern
29 0 1
USOIL, 60
Crude Oil potential bearish AB=CD pattern

A potential bearish AB=CD pattern emerges on Crude Oil hourly chart.

R R EURJPY, 15, Long , 2 years ago
EURJPY: Potential Bullish Three Drive
88 0 0
EURJPY, 15 Long
Potential Bullish Three Drive

EJ on a potential bullish three drive pattern. If price falls to 1.618% fib will go long at 136.522.

R R BTCUSD, D, Long , 2 years ago
BTCUSD: Bitcoin due for a breakout
74 0 0
BTCUSD, D Long
Bitcoin due for a breakout

The daily chart shows a symmetrical triangle coming from double bottom pattern. I am waiting for long position with a target price of 669.81 at the immediate resistance level.

R R XAUUSD, W, 2 years ago
XAUUSD: Just KISS it dude!
134 1 1
XAUUSD, W
Just KISS it dude!

Looking at the weekly chart we can see what Gold has been doing on a plain and simple pattern. Although it is now on a triangle pattern coming from a downtrend we should keep in mind that the price is just sitting on a critical level which was the previous support highlighted with yellow box. Can this be a potential continuation of a downtrend or will support hold ...

R R GBPJPY, D, 2 years ago
GBPJPY: Pound Yen Triangle
17 0 1
GBPJPY, D
Pound Yen Triangle

Pound Yen just few more days to go.

R R XAUUSD, 30, 2 years ago
XAUUSD: $XAUUSD Descending Channel
44 0 0
XAUUSD, 30
$XAUUSD Descending Channel

Looks like Gold is on a descending channel shown on 30m chart. I'm hoping it'll bounce at 61.8% or at 78.6% and buy long at the breakout above the channel.

R R XAUUSD, 60, Short , 2 years ago
XAUUSD: $XAUUSD 1H - 3rd bearish flag pattern.
113 2 2
XAUUSD, 60 Short
$XAUUSD 1H - 3rd bearish flag pattern.

The hourly chart shows that another potential bearish flag pattern is emerging. My take is to take short at the breakout with a target price at 1280 levels.

R R XAUUSD, D, Short , 2 years ago
XAUUSD: $XAUUSD Daily Chart Symmetrical Triangle
43 0 0
XAUUSD, D Short
$XAUUSD Daily Chart Symmetrical Triangle

Gold on a Symmetrical Triangle - Caveat

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