covel

Silver has been moving downwards since the short price action signal on the 19-Apr and currently have 6 short positions open. Short 20-Apr at 17.11 Short 23-Apr at 16.94 Short 25-Apr at 16.59 Short 27-Apr at 16.50 Short 30-Apr at 16.40 Short 01-May at 16.26 Initial stop at 17.4 Trailing stop at 16.55

Gold is ranging between $1265 – 1300 Next action: Watch for a price action around 50% fib, $1240 price and the bottom of the pitch fork. Box 1: 1265 - 1300 Box 2: 1238 - 1265 Box 3: 1210 - 1238 Box 4: 1180 - 1210 Box 5: 1125 - 1180

BTCUSD is still moving upwards leading up towards the bitcoin hardfork and reached a new high at 6189 on the 21-Oct-2017. Next Action : Watch 5000 – 6190 Price Range Box 1 : 5000 - 6189 Box 2 : 4330 - 5000 Box 3 : 3450 - 4330 Box 4 : 3080 - 3450 Box 5 : 2650 - 3080

GGP has broken out of due the news release of ‘potential new gold sources’. Although my slight concern is however that these are still ‘potentials’, keyword lies in ‘identify’ and ‘believe’, in announcements of GGP. So the new gold sources are not fully confirmed. Announcement: GGP Identifies multiple gold targets At Ernest Giles Project. Gervaise Heddle, Chief...

Ford has been breaking out from a major long-term downtrend and has been moving upwards since 18-Aug-2017 from $10.46 and the currently ranging at $12.04 and 12.13. However there is a pinbar on the 4th of Oct 2017 and there is no sign higher movements at the moment. So Ford might be consolidating from this rally. Action: Watch $12.50

ASIX has been moving upwards since the end of 2016 with Higher-High's and Higher-Low's. R: 42.50 S2: 39.59 S1: 34.90 ATR: 1.00 N: 2.00 Next action: Watch 42.50

EURGBP Upward trend continues and approaching N5 target. Entry date: 31-Jul-2017 Order type : BUY ATR 20 : 0.0065 Risk : 0.13 Entry: 0.8935 Stop: 0.8805 N1: 0.9000 N2: 0.9065 N3: 0.9130 N4: 0.9195 N5: 0.9260