Gold - 4Hr - As with todays Silver trade idea, Gold is the safe haven when there is uncertainty in the markets. We have seen price push up over recent weeks and we don't think today will be any different. Yesterday we reached a high around the 1500 level. There is still room for the price to retrace to around the 38% retracement level, however we should then see...
BItcoin - 1 Hr, 4 Hr, Daily & Weekly Chart - Short term, the 1 Hr chart looks like it will retrace to the 38% Fib level before bouncing from the Support level. If we take a look at the 4 Hr chart, for the short term we will see a short retracement from the resistance level to around the 38% Fib, this level is also previous resistance which is a strong indication...
As the title suggests, EBay is currently retesting previous resistance. Due to being overbought, we feel this stock will fall to the downside and retest previous support
Price has formed an expanding wedge formation on the 4hr chart. This Index created a New ATH on 25th July and has since been in a bearish move. We feel the price will complete a retracement to the 38% Fib level before continuing in it current direction towards the 127 Fib Extension. Bias is still Bullish, and once our current target is reached, this Index could...
We posted this trade in our community channel yesterday and the trade remains open. We have now completed the formation of a Head and Shoulders pattern, giving us further confirmation that the price is Bearish. We look to take profit at the next Support Zone.