my thoughts going into this trade
gold is currently too high and we should be expecting for it to fall. I personally believe there will be more continuing cuts to proceed following yesterdays(18/09/2019) FOMC speech. I expect more cuts to be made, further weakening gold. Over the next couple weeks i expect gold to be correcting itself.
potential breakout for a...
Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line.
BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?.
(feedback ,thoughts or criticism welcome)
comment about your keyzones
Graph shows the Major support/resistance for Eth. The currency is currently range bound, however approaching a wedge on it's current trend. Breakthrough direction of the current wedge will indicate which side of the Range will be tested. I do not see the range being broken until volume breaks through the Vol 30. A breakthrough will see significant movement over...
I love this setup!
We have lower highs over a good time period, and a strong support. So... what will happen? I guess, as the support and the resistance had been tested multiple times already, there is a guaranteed breakout.
And since we are in a uptrend, I believe it will rocket away. Sky is the limit. So what about NASA?
I will enter a long position, as soon...
Long or short?
Resistance has been tested several times, SMA 200 is a long signal, that speaks for a long breakout.
On the other hand however, resistance has been tested several times. And held. And held. And held. It could also be a bounce off that resistance.
Time will tell.
What are you suggesting? Let me know in the comments