it looks like gold has successfully violated the 2011's/2012's highs and closed above them.
now it is quite probable that the price will manage to reach all time's 1919.0 high soon!
here, just with ATR indicator we will try to assess how much time it would take for the market to reach the above-mentioned...
AUD/CAD has been trading in this channel on the 1hr Renko ATR chart since mid March. I can see a short coming of around 250 pips. Nice divergence set up also on the 15 min Renko ATR chart.
Good luck, stay safe, stay at home and protect lives. ## Happy trading
Nobody likes to hear about loss. Well, I shout about it 'all' the time.
EURCAD is at an ideal position for a controlled loss. Sorry, you can't win if you're not willing to take a loss.
I show why the daily time frame creates opportunities on lower time frames for a short.
Disclaimer : This is not a recommendation to trade in securities. No guarantees. If...
Important things could be happening in cryptosphere in the next few months. I think TRON (TRX) may be in a position to bounce north.
ALTCOINS could be back!
Of course it can always bounce south. Those who can't stand losses should not be doing trading.
I'm showing why I think Cable - GBPUSD is bullish. There are opportunities for the north on 1D, 6H and 4H time frames. There are opportunities for a shorting on the 1H time frame and lower. It all depends on the size of an acceptable loss.
GBPAUD has retreated from a major breakout north down to a key ATR support level. This creates probability for the north. But caution - for every probability estimate in one direction there is a residual probability in the opposite direction.