Hey Guys, Expecting a small upmove before it moves downward. There is a resistance at 0.7182 and expecting to move downward if it holds else price would find resistance 0.72373 to then move down. Lets see how this moves in order to get into the trade. Please share your thoughts and like and support if you agree.
Hello Guys, Check my Friday deep idea about Gold and EUR long term correlation. I want to show you the idea of Euro copying Gold late, or vice versa? It can be seen very nicely since 2012, when there was already enough liquidity in the market from the Quantitative Easing program. Take a look at the chart where Gold falls first and the Euro falls a few...
Just wanted to add to my last view: as many of you know me already, only when we pass 10,500$ with confirmations from OBV and other indicators, only then I will turn to be mainly focused on full parabolic bull run on my trades. Meanwhile I keep accumulating BTCs on my long term portfolio investment (I guess I will stop around 14k), and I keep on focusing on...
Remember my first "Bigger picture of where BTC is goin" which I posted on TV? (I posted these even before I had TV) I decided to post yet another one today. This is my dose of for the price prediction and when I start being fully bullish on BTC on my trades (Also when I start to TP my long term investment portfolio): * Since BTC is maturing from halving to...
In blue colour are all the daily gaps of the index. If it manages to close the one at 2899 and then A=C then it reaches the lowest gap which is between 0.382 and 0.50. Magic
As you can see in my previous post, I was able to accumulate 150pips. I took partial, and re analyses the chart, and as you can see in the weekly posted above there is a lot of liquidity gaps that needs to be filled, and that trade I took last night was the perfect entry for this weekly breaker block. Im leaving it on for a while lets see where it takes me. =D
On the weekly time frame we can see that wave 3 seems to have completed to the downside and I am now looking for an entry trigger to trade wave 4 to the top of the blue structure. I will be looking at the H4 time frame for entry signals. Happy Trading! Linton White JP Markets South Africa
Extremely bearish market conditions. I personally expect the market to retest that area marked above as it is the area of 38.2 level of the Fibonacci. This short trade idea is only a small picture as this trade may likely continue its push to the upside. For this and more, join my premium telegram Chanel. Thank you
Looking at the bigger picture on USDJPY, I am expecting to see a rally over the coming months which should see price reach 118 comfortably and possibly as high as 120. From that point I will be waiting for a reversal to confirm where there will be a significant move to the downside being the second impulse after the correction is complete.
The chart of US OIL is very clear, based on it's weekly structure it should fall down to the lower level of the triangle. Look for pullbacks or corrections to enter short position
Not a professional - and still learning. but this is what I see. Analysis written in description. Take at own risk :) only thing not included - counter trend line meets around 38.2 major reversal zone. so if it does break below daily trend again, it will have to test and break that area but that around 1.15 so still solid TP area if you don't want to be...
Wow its been a while since ive provided a crypto overview but the timing right now couldn't be better....after all we are back on the "its a BULL RUN HYPE". If you've read my older crypto posts you know im a firm believer in assessing this market on larger timeframes rather than seeing a huge green dildo on the 15 minute chart and FOMOing your life into it. What...
Weekly (pink): Looking at the bigger picture on XAUUSD, I am bullish for the time being. We can see the initial impulse on the left of the chart and we are currently forming the corrective structure. I have plotted estimated points at which I believe the corrective structure will play out. According to my analysis, we are in wave 2 of the correction and I...
Weekly (pink): We are currently in wave 4 of the weekly structure. I expect wave 4 to complete to the top of the structure before we will see whether there will be a break of the structure to the upside on this wave or whether there will be a 5th wave to the downside first. Daily (blue): We are in wave 3 of the daily structure. Interestingly the target for...
I decided to re-open this long position yesterday... I published this chart again with better trend lines. Looking at the bigger picture ( MONTHLY CHART) I think we might be going to the moon. Remember BE SMART!!!
SCBTC chart looks good but I would not suggest buying SC here as it became parabolic. Expect to see a pullback to 275-280 sats. RSI also indicates that the a correction is likely. However, bigger picture looks very nice and I would be surprised if SC does not break thru its local ATH at 500 satoshi. This is not a trading/investment advice and I am not...
GOODDAY BLESSED PEOPLE !! HERE IS MY LATE ANALYSIS ABOUT NZDJPY, I ALREADY ENTRY A FEW DAYS AGO. I SEE SO MANY PATTERN ARROUND HERE (BULLISH FLAG PATTERN IN MONTHLY, BAT PATTERN, TRIPLE TOP, TRENDLINE, ETC) , BUT IN A BIGGER PICTURE IS STILL BEARISH. SO THIS IS WHAT IM THINKING ABOUT NZDJPY: NZDJPY SHORT ENTRY : 78.700 SL : 83.790 TP : 75.000 TP2 :...