XAU Sitting at key lows, Bullish engulfing from yesterdays liquidity region, retracement buy chasing target. Simple.
After dominance drops below %30 mega alt rally begins.
Gold Update In rising channel affer a fakeout ... .Hidden Players
- EU made a shallow pullback to the 38 FIB extension on the 4-hour timeframe. - We need to wait for EU to break structure at 1.22395 to confirm long-term bullish trend. - EU created a triple bottom on the 4-hour timeframe. - The DXY has created an evening start on the daily timeframe, showing weakness. This is a short intraday trade for roughly 70 pips.
- GJ had a shallow pullback to the 23 FIB extension on the 4-hour timeframe. - We need GJ to break structure before taking long positions to confirm long-term buys. - GJ is trending above the 50 EMA on all timeframes indicating bullish momentum.
- GU has finally broken monthly resistance, confirming a long-term bullish run moving forward. - GU had a shallow pullback to the 38 FIB extension during the Asian session. - The DXY created an evening star on the daily timeframe, showing signs of weakness. This is a short intraday trade for roughly 50 pips.
As stated in the title, this is my simplisitc way of marking my charts. Im bias this week for a bulls run but as always I cover both sides to be prepared for both ways. follow this chart for the week and let me know your results!
First position very small. Will be adding to idea as plays out as currently the 10 years are not in my favour. Lets wait and see with this one. Looks nice, but not the best short term fundamentals. Long term bullish on silver anyways due to fundamental uses.
Pound looking relatively strong in advance of CBI UK distributive trades and a speech from BoE’s . The Aussie is only just maintaining its GBP peer respectively, albeit off best levels in wake of somewhat mixed data for the former via preliminary trade, weekly payrolls and wages, before attention switches to the RBA on Wednesday with option pricing implying a 45...
AMEX:SPY Institutions doing their best to get rid of tiktok and youtube traders one gamma squeeze at a time. Good luck hedgies, we are actually with you on this one...
Sell Trap on the daily tf. Few hundred pips to be made! Good luck
Areas of interest to take on a long-term leveraged long on dash using light leveraged (3-5x)
Hello all, EurUsd broke out higher off of resistance on the Daily Chart, which was the previous LH from March 17-18. Right now the pair is hitting another resistance. 1hr Fib shows a retrace to about 1.1980ish - 1.1990 ish. Look for price action and make your own determination if to place longs on this pair. My opinion is that this pair will retrace and push...
So I was always against the derivatives trading on BTC because of its high volatility. But recently it has become really predictable and many exchanges are literally offering free money to trade. As you can see in this chart, a short position when we called it would’ve made you a lot of money. There are still more moves to call and we are here to give you the...
Once the smoke of the market clears off, you know, the Internet will pick back up and go. Following my 1st view on bitcoin Link below. With Risk Management you will never loss. Thank you
Date 4/4/2021 Current price- 52.62$ Double bottom and strong support zone. 55$ is the next resistance level. Double bottom on the RSI. I believe ARKF is the most resilient among Cathie Woods disruptive innovation ETFs.