If gold can close an hourly above the trendline look for an upside to the 1739-1740 region(big fakeout zone and previous range top) if it gets through look for an upside of the upper trendline and afterthat the psycological level of 1750(previous rejection zone)
Buy on a retest of the trendline and rebound off or when it breaks the previous 1739 level.
As i...
We are currently coiling up for a breakout. We do not have alot of volumes at the moment and will most probably happen in new york session only because that is where the volumes are coming from usually. targets
Bigger picture with the previous breakout and price action:
Trade setup:
Note this is the 3rd bounce off the trendline so we could see a huge breakout...
Cardano/ADA going to test all-time high. broke out of the formation and retested it after closing an hourly above. trade target is shown in the video which will be achieved after breaking the all-time high. possible cup and handle formation forming aswell.
All info and targets have been shown in the chart
Short term breakout chart:
Cup and handle target(if the...
Bitcoin trying to break out if the triangle(counter trendline from all time high to bottom of channel. If it confirms and closes an hourly above look for an upside towards the top of the channel and a second target of the all time high. After that a target of 65k (triangle breakout target) and to complete the cup and handle breakout target at 73k which will be the...
The S&p has been climbing for the past few days trying to wotk itself to the top of the channel on a daily timeframe (you can copy the chart to view this)
Good news has come from bidens speach today and the US markets were concolidating all day waiting for the news release which turned out positive giving the Nasdaq volumes to breakout while the S&P has not seen...
It seems that we have started breaking out after the good news from bidens speak. look for upside towards 13070. if it gets through next target is 13130 which is the top of the cup in the cup and handle formation. i would suggest taking profits here and buying again once the handle(bull flag) breaks out and once it gets through 13130 the target will be the -27%...
Gold has been falling to the bottom of the channel for 70 days and seems to have bottomed out at the $1674 level (previous pivot point aswell as the bottom of the channel). Look for a trade upto the 78.60% fib retracement level and wait to see if it gets rejected and take profit. If it has a daily close above the channel and 78% fib retracement level. If there...
