abjaber

abjaber

After the Fed Interest Rate Decision yesterday, Gold prices has fallen to break the ascending channel and go back to the descending channel it started forming back in Aug 2020. The Gold price is trading at a support line, and it seems that the chart will start forming a triangle inside the descending channel before breaking it upward or downward. I think that will...

abjaber

TESLA is currently trading at a strong support line from Mar 2020 and forming a triangle, breaking the triangle upwards will mean that the price is going up again to the highest high.

abjaber

It looks like Bitcoin is forming a cup and handle patterns, the price will go where many investors will start buying bitcoin again before it crash one more time. Please let me know what do think ?

abjaber

Gold price is clearly completing the Cup and handle pattern, but we should hold for the chart to break the record high.

abjaber

As shown in the chart Oil is about to break out from the triangle, I would wait for the triangle's breakout to confirm my position. but overall you can see that the chart is forming a bigger triangle since the beginning of March.

abjaber

As shown in the BTC chart, BTC has formed double top now it will start falling to sub 50000 at the 3.681, after hitting the 3.681 it will sky rocket breaking new records.

abjaber

The Gold price is trading in an descending channel since reaching the all time high in August last year. Gold price is repeating what happened in January when the chart after completing the 5th wave where it fell to the bottom of the channel. The price now is forming another 5 wave pattern, after which it will start falling.