Gold needs to fill 1840 at some point also the 2040 area. This is a 100% going to happen at some point. I plan on shorting at 2389 which will be extremely low risk with a stop over last months highs. If it doesnt give me the signal im looking for Ill have to remain flat on it, unless it breaks up. I think gold may go beyond 3k after the fill of 1836-40
Im looking to get heavily long on the USDX when my rectangle is filled, the targets are as listed on the chart.
Pretty clear weekly candle here. Price often retreats to around 3/4ths of the wick before any support is found. I will target 17400 and try to catch a runner to 17000, 16400 after that. As long as we are under the weekly high Im bearish as can be on this. Possible 16400 levels. I will put trades in profit at +1 pips as soon as possible so as not to leave anything...
Bitcoin to 67-68 here. Nice overthrow off the pattern and bounce off support. Halving in a couple of days but I think that will not be necessary once this trendline breaks.
Clear channel break and head and shoulders here, BTC to 59 area.
Another view of BTC here following up on my last post. Same result, after the move im looking to get long for 67 again.
I was a little late posting it, but it was an easy play on the channel break. Long for 17800 area.
Here is what I think will happen in Bitcoin: It will drop to 57, and I will long for 67. There is a clear descending here. Just waiting on the breakdown
After this monthly print I think this provides a really nice sell opportunity on ETH. The risk reward is worth it, I like the action.
This chart doesnt need anything fancy. I think this shooting star on the weekly is pretty clear. It definitely could spring back up to the previous high made by this monster weekly candle. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of...
Be watching for this neckline to break. It would be a very obvious head and shoulders. Watch for the fake neckline rejection, though.
There is a 0% chance 106.50 doesn't get touched in time; I like the daily candle and TL here. I will long this to 106.50 and add any chance I can to better my position.
While everyone has been buying Bitcoin to death, I have been selling it for quite a while; this diamond formation put my positions into profit overall, although I am looking for 61, then 57 before re-evaluation of my stance. Good luck.
I will be watching this plausibility. It makes sense. Everyone who follows can see how bullish Ive been on gold, But I will have to see how this month gets going before I add to my already longs. We could see a major retrace to the 2080 area before it happens. Or we may just keep on moving up. Again, it will be hard to tell without seeing some price action first....
There appears to be no reason to refrain from pursuing a short position, assuming the price action aligns accordingly. This scenario has the potential to evolve into a substantial range. At the very least, I anticipate considerable resistance in this area, and that is without even considering the bearish pressure on the monthly candle. If the price breaks through...
I adore the conclusion of each month as it presents an opportunity to delve into long-term positions that can be added into over time. The USDJPY hanging man on the monthly chart is particularly intriguing to me. As a result, I plan to initiate multiple positions, as depicted on the chart. My goal is to reach the 143.50-145 range in due course. Until the evident...
I already long gold, but I really like this possible inverse we are sitting on the neckline of. Watching closely.
Nice little formation of patterns have developed here. Pretty simple and clear trade. Inverse plus wedge break.