EURJPY should continue the wedge. Forming a nice head and shoulders. Just observing the long term technicals.
If the head and shoulders pattern will come true. Then we will see a decent short.
I belong to the bitcoin has no intrinsic value group. So I a bit biased. Also I don't like to short a bubble, except short term stock indexes. To the point, I combined the big head and shoulders that saw before it happened with the trend channel. Time will tell if the channel will be true. Fundamentally I think there will be regulations that will support the...
So head and shoulders was completed and looks like we continue with a downward trend. In my opinion bitcoin-s intrinsic value will catch up with it. We might get another bubble if something happens with the currency (EUR, USD, etc.. system). But in shorter term I think there will be regulations to come.
An important technical view of gold. Bullish trend with resistances drawn. I hope this chart helps, thumbs up if you like this.
This is very bullish pattern in my opinion. These usually mean that there will be a breakout to the up side. What is your experience with these kind of flag patterns?
Silver is being spoofed down every time it hits 28. But it's a matter of time before it breaks, the physical market is too tight.
I don't think I even have to draw any lines here. Just a follow-up graph of the second shoulder is complete in the BTCUSD massive head-and-shoulders "prediction".
The head formation is not the best, a bit choppy. Some would say those are "false breakouts". It didn't crack the 60k resistance. The hype was maximum at that time. There are no new adopters. The talk about industrial adopters is wrong, some have just tipped their toes. There are more negative sides, but enough about that. On the positive side, I hope I am...
So Q2 earnings are approaching. Would like to see some of those corona infrared camera gains. They put infrared cameras in every airport and big companies, FLIR makes infrared cameras. 1+1=2 (or 10 in binary, for you geeks). They should have their hands full and hopefully that will be seen in future earnings. What do you guy's think? Will they get a bump in...
After longer barish period there is a final sharp move down before it goes up.
Big options expiration today, who ever owns it is big and will make sure the price closes below 25 today.
Seems to be on track. Let the big players rake in stop loss profits. If the price is not reflecting real physical silver it becomes pointless. They can't let it happen, so it will get there. Update to:
How long can they hide the inflation? What do you think about this chart?
Silver contracts ending. Big banks have big shorts at 28 and 3x bigger at 30. Based on comex puts and calls. They will do everything to keep prices below these levels until the contracts end. Also they have changed their prospectus and laws to be able to manipulate the futures market (SLV). Or something like that, just a call to do your own research. Correct me if...
Bitcoin could go higher, but the only value of it is the brand so it could go down as well. I have no money in it, so I am indifferent. This tough is just of fun.