MLNUSD is looking good - the risk-reward ratio is not bad -
Is Dogecoin going to retest its lowest point, What is going to happen ?? If it turns back can give 40% like last time, otherwise, it may go down to 0.1357 or 0.05 ??? Let's see the reaction first resistance -
The index is on the verge of three white soldiers that means perfect buy guys, you can google it - just the opposite of three black crows - I'm taken a Long position on LSK LP - 3.88 SL - 2.33 The volume looks impressive !! What do you think? correct me on the comment section -
The Crypto market is looking good. After a huge correction, last one month almost daily consistent trade volume. It has got a strong support and resistance level. Opportunities might be in this area, the chart is self-explanatory I guess - What's the matter! US interest rate hike, week USD, and gold price correction are giving liquidity in the crypto market?? this...
So, Gold retraced the 1760 level twice! After 3 weekly red candles, there is green!! What may happen next week?? As gold is still a long-term negative trend, I'm still in the short position from 1790 with a small lot. On July 2nd February 08:30 Employment data will be published - This is the gamblers day - prepare for scalping 1830 - 1720 maybe, no early...
So far MLN gathered enough strength for a long time and the end of the day showed quick volatility. Those who are aware of MLN as got a very low market capitalization means smart money movement likes this (as lo cap is playable easily). We found it last week. Now it came in a crucial position - It formed a triangle - which way it may go we have to watch carefully,...
Last 3 weeks red candles The last candle left 113.85 points (more than 6%) All the regulators gave all the news that pointed Gold is not safe heaven, safe heaven is treasury bill (interest rate hike). TA is telling XAUUSD pair is in negative trend consecutive 3 weeks. I choice short, the destination is 1682 so far with a small lot.
Almost the last whole week this pair traded sideways, somebody is telling short, some are long as it gathered accumulative energy to move forward against weak USD. I am looking for an opportunity within this range this week, so I would like to take an early position if Asian time doesn't make a severe correction (chances are 1% I guess). Good luck traders! Good...
Looks like ADA has broken short time resistance, now it may go up to 1.7
From 18 March EURUSD vs XAUUSD pair are behaving directly proportional relationship !! Why ??? When Gold rises, EURUSD rises when Gold falls, EURUSD falls - red areas indicate the correlation coefficient of these pair. I don't know, it should be DXY vs Gold be more logical I guess (inversely proportional), but I didn't measure -
Looks like Doge gathered some energy and at this time it is forming a W, I guess the next week $0.45 is logical, let's see -
Last time I shared my idea that gold will be short to 1880, and at this point, gold looking a little bit bearish for the short time. DXY and US data published so far indicate Weak USD strong Gold, let's see what happens in the next couple of weeks. Early entry may be suitable for some, and I want a little bit long term investment not much with SL management.
Still, we may see correction - I took short position in this level, @1900 loooks huge resistance. Set my TP@ 1884 this time, until NY time.
Looks like bears are walking towards 1862, But I am a bit cautious my target TP1 is 1890 according to fibbo chart - Good luck traders -