Trader_Johnni

Trader_Johnni

ASX:MIN Daily TF Waiting to see if Mineral Recourses Limited confirms the direction change & continuation. Off a Triple Bottom and Downtrend Break, the 2 remaining things I am looking for are Bullish Momentum indicated by RSI & price to break through Resistance Zone. This happened in a similar occurrence at the start of the year JAN-MAR. If it fails to break...

Trader_Johnni

BTCUSD Daily TF Interested to see if this bear flag pattern plays out again this year. As a precaution, I've exited most positions with the anticipation of the internal support failing which could see a selloff back to the lower band of the ascending channel which is building up a pretty nice bear flag. I think that if this moves it'll be quick, very similar...

Trader_Johnni

Watching INR closely after recent bullish fundamental news regarding Ford Binding Offtake Agreement. I have charted key levels of support and resistance as well as added in long-term and short-term trends. Direction 1: Recently validating short-term uptrend and testing current daily resistance zone IF momentum continues it could regain long-term uptrend and...

Trader_Johnni

Looking at BTCUSD on the Weekly TF (LOG) It was apparent that LT Trend touch attempts were made by the Bears after ATH levels had been locked in. With the current Weekly Bear Flag formed within the current Ascending Range, I am questioning whether another LT Trend retrace is in play. Noted there is some strong Support to break and hold BUT as former ATH (20k...

Trader_Johnni

S&P500 15m TF Major Reversal Pattern confirmed with the textbook Inverse Head & Shoulders pattern printed on the 15m TF overnight in the US. Initially gapping down price almost hit the Fib Retracement 0.236 before the buying started which now has me thinking that inflation worries are now being priced into the market. Where to from here? A rally IMO would...

Trader_Johnni

Thought it fitting to sketch Dr. Jean-Paul Rodrigue "Economic Bubble"model over BTCUSD Weekly TF. Imagine how fast this would move once "FEAR" was to properly set in. Thoughts on price action over the next month? "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be...

Trader_Johnni

ASX:HLA Healthia Limited Forming Ascending Triangle and looking for a "4th touch break" @1.93 on the Daily. If price can clear previous resistance around the @2.00 mark then I would expect continuation towards the Trend Based Fib Extension level 1.618 If price fails Resistance and fails Uptrend Trendline, then im looking for a retracement towards strong Support...

Trader_Johnni

BTCUSD Weekly TF As BTCUSD has broken a key level on RSI (Relative Strength Index) I thought I would highlight a few scenarios of what could come next. #1: A bounce off the "Golden Pocket" 0.5 - 0.618 Fib Retracement Level has currently held price above $30,000. If it can hold and regroup price could trend within the highlighted Descending Broadening Wedge which...

Trader_Johnni

BTCUSD Daily Looking at Traditional Pivot Points and the reoccurring price action between Pivots “P” and “R1” and highlighted by a Bar Pattern. As defined by TradingView “Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is...

Trader_Johnni

BTCUSD Daily TF I currently see 4 Scenarios for price action over the next couple of weeks. #1 Bullish: Current rejection off the Daily Resistance may see price fall to internal uptrend trendline. RSI is beginning to trend upwards nicely and we have cleared the 50.00 level. If price can respect uptrend then we may have another test of Daily Resistance. If we...

Trader_Johnni

Looking at BTCUSD on the Weekly. It has failed 5x to break what is now a Strong Weekly Resistance. With the weekly candle closing tomorrow morning I am expecting to see some fireworks if it fails again. RSI is trending down nicely with a retest about to occur. MACD has crossed Bearish but hasn't yet widened. For me I am paying close attention to the 20 Moving...

Trader_Johnni

BTCUSD Monthly Taking a look at the MACRO TF. It will be interesting to see if BTCUSD can break the Monthly Resistance & reclaim previous high. It is still 22days until the next candle so there is plenty of time left within the current session. Also identifying Month Support and comparing it to previous Bullrun of 2017. After BTCUSD failed to reclaim top of...

Trader_Johnni

Paladin Energy Ltd is a Western Australian based uranium production company. It currently has one operating mine in Africa; the Langer Heinrich mine (LHM) in Namibia. Bullish Outlook: Current price has reached former TB Fib Extension 1.0 Level. It has broken key Daily Resistance and reclaimed Uptrend and now has a real chance of claiming new TB Fib Extension...

Trader_Johnni

Bar pattern from 2017 Bullrun is looking eerily similar to current price action in appearance. Which side you on? Bulls or Bears....

Trader_Johnni

Lithium Australia NL (ASX:LIT) Is a Perth WA based company that aims to supply ethically and sustainably sourced materials to the battery industry worldwide. LIT has developed disruptive extraction technologies – including its proprietary SiLeach® process – and secured positions in lithium provinces around the globe, including Western Australia and Europe. 2...

Trader_Johnni

Imugene (ASX:IMU) is a clinical stage immuno-oncology company developing a range of new treatments that seek to activate the immune system of cancer patients to identify and eradicate tumors. 3 Scenarios identified Bullish: - MACD still Bullish - Volume increasing - RSI still trending Bullish although currently Overbought - Bullish bounce off .382 Fib...

Trader_Johnni

Todd River Resources (ASX:TRT) is an Australian-based resources company that holds base and precious metal projects covering over 7,500 sq. km. of highly prospective geology in Western Australia and the Northern Territory. 2 potential scenarios. Bullish: - Short term Double Bottom - Testing short term downtrend resistance - MACD turning Bullish, anticipated...

Trader_Johnni

Duke Exploartion Limited (ASX:DEX) is an exploration company focusing on Copper, Gold and Silver discoveries in Queensland and New South Wales AUS. Duke's 100% owned flagship project is the Bundarra tenement EPM 26499. A fully funded exploration work program aims to drill out a maiden resource by mid-2021 at the Mt Flora prospect within the larger Bundarra...