This is an update on the daily time frame for gold. Things have changed. I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below. For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must...
Hi all, we have a nice flag in the early stages on the daily chart - including a clear flag pole. Keep this one on watch. Sending positive energy to all those watching! xeenos trading
Im lon on the dax and you can see all the reasons right in this video
Video analysis on crude oil. Technical outlook and bearish scenario. Please, like this idea and leave a comment. Thank you!
In this video I unpack the bull flag pattern that is forming while trying not to lose my voice :)
Monthly Chart shows a very nice Bull Flag for SLV A long stock play can be done if I want to hang onto the stocks for a few months. The length of the flag pole shows about a $3.5 move, so an option about half way up that move with the expiration of March would also work. In fact. I'm looking at the decently16 s priced strike that expires on March 31 2020 ...
just now We have a Bull Flag on the monthly for GLD, Price movement is expected to be around $12-$15 I'm going to play the options on this; buying the 45 Strike on Exp 20 March 20, if I want to lower my risk, I can turn it into a debit spread by also selling the 150 strike onEx [ 20 March 20 .. as of the writing of this the debit spread would cost $59 with a...
No predictions - only probabilities. Some say Gold is gonna crash. Some say Gold is going to the moon. I'm afraid to say anything!
FTSE 100 TVC:UKX FX:UK100 OANDA:UK100GBP Weekly - Expanding wedge, bullish outside week posted. Daily - Invalidated the head and shoulders setup that threatened to send the market lower. 4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also. Outlook is bullish - We will be looking to buy...
Compressing between the mean reversion pivot and the weekly 50 MA.
Just going through some of my charts. Happy Monday! Happy trading!
The patience, discipline and accurate technical analysis has finally paid off in a big way. For those of you who were on the right side of the market with me, congratulations. After more than a week of consolidating and multiple bearish signals on the hourly, daily and weekly charts, price has finally broken out of it's range in a very bullish manner. Some of...
In this video I cover a few of the price action patterns that formed last week which became quality trade setups themselves. I also take a look at the most current price action and what it is telling me about where the market may be heading this coming week. I only cover a handful of the patterns as there are many other patterns at play such as rising triangles...
As predicted in my analysis last week, Ethereum has begun blasting off. Prudent traders were watching the bullish flag pattern that had form and watching for a breakout of the upper channel of the flag. Due to the very large size of this pattern we could see quite a large rally in the days, weeks and even months ahead. If this is a pattern you are trading or...
The reversal flag that I identified yesterday has broken to the upside as predicted. Price was being pinched between the descending channel (flag) and the major support trend line and finally broke out of the flag with a strong upside move. In this video I perform analysis on the pattern and the type of further price action I will need to see before I become a...
I take a look at the 3 bearish patterns that have formed consecutively in bitcoin that gave traders 3 clear opportunities to get short. First a head and shoulders, then a flag, and finally a pennant. I then take a look at the nearest major price resistance level where we can look for any price action signals to get short again and follow that overall bearish trend lower.
I think we are going South, although need some more clarity.