It does not seem to have a lot of power moving higher. For good reason as the overall trend seems bearish a long way to go. For now I would be NEUTRAL but with SELL attitude. I feel we may see 21,000 soon short-term. The stop loss of current sell $ 29,500 and higher should be 33,500 above.
No change in view. Silvr feels bottoming and a recovery back towards 23.50 or higher seems possible. The stochastic is very low, and oversold status still there. For now we buy @ 20.80-21.10 and take profit 23.30 for now.
The pair is being at a bottom, and likely will correct from here upwards. The stochastic clearly shows that we can turn around, and this provides a buy opportunity. The signal line is however turning negative, but think short-term we have a good chance. Strategy BUY current 0.8920-0.8930 and take profit 0.9057 for now. Stop-loss below 0.8865 for now.
the share price starts looking to bottom and we are likely going to gravitate towards the top of the angle (blue area) in time. I suggest BUY 125-130 and take profit 150-155 for now. Stop-loss if required @ 105.00
It may be against opinions as it is clear we got some severe problems with the company. However, looking at medium-term chart, the current level $ 185-190 is a strong buy and I can see a FIB retracement value of $ 290 using RSI condition as well. Strategy BUY current $ 185-190 and take profit @ 245-255 for now. For those using options, I suggest two-months...
I am already long 1.2207 and just added 1.2250 again. I feel we are strongly oversold, and my target is currently 1.2578 for now.
The overall view is still a lower USDJPY in time. I suspect we may see a move towards 121.17-123.57 somewhere long-term basis. Medium-term for now I see 125.17 as a possibility. the strategy is SELL @ 129.40 current and add 130.50-130.70 and 131.80-132.00 when seen. Of course small increments only until we are at the higher levels. For now small leverage to...
The BTCUSD has moved sharply lower, and now recovered a bit forming bottoming candles. The market is still oversold short-term and I feel we may see recovery $ 33,500 again. However, note that overall we are moving back towards below $ 20,000 is my view. The large M-top was confirmed moving below the neckline. Strategy is for short-term BUY $ 28,500 - 30,000...
The move lower was expected overall, but we are now overextended. The bottoming inverted hammer on the 4-hourly chart suggested we may see pull-back. Strategy is BUY current 98.50-98.70 area and take profit @ 99.60 for now. We add further lower @ 97.60 again if seen.
The long-term chart shows a very overbought situation, and this still requires a good correction. As mentioned on a few occasions and misunderstood at times, it does not mean that we cannot see higher levels. In fact, if existing short, we add 15.50-15.75 and once again 16.75 and above. The ultimate goal and objective is 10.50-9.00. This may take quite some...
I switched from JPY to GBPUSD a little, and bought @ 1.2207. I will add again if we reach 1.2225 to the position. Profit objective 1.2657 for now.
We have recovered a bit from the lows and attempting higher once again. As I had mentioned, when taking back all positions, I would consider selling again above 129.50 - 129.6 again. I might in fact start @ 129.20-129.40 and increase above 130.50. That is the strategy for now, and the profit order then would be placed @ 126.57.
The gold silver spread is very high, and it feels we may see adjustment to this spread coming weeks. Strategy is SELL @ 87.50-88.00 and take profit around 81.75.
We reached $ 2,048 low and then we moved up sharply close to 2,200. Market s very short, and requires corrective action. I feel we buy on dips between 2,100-2,175 for now., unless you are aggressive in approach we buy current 2,180-2,200. Overall it feels we may correct back towards 2,650 over all.
I have liquidated all switching to GBPUSD for now. I feel better value. For USDJPY strategy is SELL @ 129.60 and add SELL @ 130.45 again.
No change in view. We had some sharp move higher from 1.2230 to 1.2400 and then back down again. It seems settling a bit, and the oversold state is still extreme. Strategy is BUY @ 1.2300-1.2340 range, and add 1.2210-1.2230. The profit objective is 1.2817 for now.
No change in view. The pattern is building for a move down. We got Moon phase start indicating a turn lower, and stochastic is negative plus over bought situation. The latter very extreme on all fronts. For now, we still are SELL @ 130.00-130.50 and add more above 131.60. The profit level can be done in stages, perhaps @ 127.87 and 126.57 for now. My side, ...
No change in view. Market is severe one way or another. That is why keep the focus on big picture, and judge it based on what we can analyze. For now we are very oversold, and the stochastic and moon phase suggest we should be LONG. Strategy BUY @ 1.2200-1.2275 area (and we may have already @ 1.2330 in fact etc). Profit order somewhere 1.2687.