this is trade 133 frm haidojo trading... the current low of 1547/or the impulse leg A has been violated...so both advanced patterns are no longer valid... In term of price-action, 1560 has turned frm support-to-resistance...but formation of lower-low at 1540 is too close to the previous one... from the past experience, this might indicate a possible reversal to...
STILL NOT MAKING HIGHER HIGHS. LOWER FIB LEVELS IN PLAY.
Hello everyone! I will keep it compact as always: 1. SMA 21 crossed the 50 2. Makes Lower lows and Lower highs 3. Turned into a downtrend 4. My opinion is that it will retest the 135.500 zone 5. 135.500 is a strong demand zone. 'We need to improvise the market' I hope you like it!
The volumes are lower than few hours ago. The buyers now are trying to push it to the top but the sellers are there. I really think EUR/USD is going to decrease. Now it's testing the VWAP. EUR/USD to watch carefully during a couple of hours.
In stocks there’s about 95% probability that price gaps will be closed. The probability for price closing the gap is more real as you move up in time frames from hourly>daily > weekly. This is a daily chart so it’s high probability. This has never failed me. This is just price analysis, hopefully we can see and buy lower prices. Cheers. Btw look at previous...
Last capitulation point before we correct and move to the upside. I have Pitchforks and Fib Circles on the chart. Understand that this is all speculative and not for certain but from what I am learning as I move forward with this market this is my opinion and future target. Tim Draper continues to be positive on this $250k target.
Oh boy, tomorrow's open is gonna be a doozie. Let's examine where we can go. -that last hour is ugly. Any bids looking for a sale are shook. -potus answered a question about a possible recession, to which he said maybe, and of course the times have run a headline saying he said this on his own accord; in reality he was brushing off a question that wasnt related...
Hi James and Joe! Looking at the weekly Gold chart, you can see a big ascending channel has been forming on Gold. This shows gold is currently now in the uptrend in the big timeframe like weekly or monthly. However, in a smaller timeframe such as the daily chart, it shows gold is now in a small descending channel. Moreover, you can see 3 more bearish signs in...
Classic bull trap graph. Don't you think? I'll stay out of the buying bitcoin and I will change my mind, only if we get fixed above 2nd downtrend line. Plan to buy btc at 6900 and lower Tweets are my opinions, not financial advice My twitter: @CryptoWolfy7
Hello traders, Another day Another chart, Today's chart will be an update on BTC's recent price action Points to consider - Break was bearish with above average volume confirming bear flag - Another potential higher low in place - .618 Fibanacci Zone acted as resistance - Price currently testing support which is in confluence with the .786 Fibonnaci Zone...
Gold and oil prices is one of the facts for rising and falling Cad. a small pullback in oil is expected before more upside potential. Risk of higher us oil output =lower prices. slowing global economy=less demand But there are some potential in the EM, Which can increase the demand and push prices a bit higher. OPEC just released its oil market report, where...
See the comments on the chart. I'm thinking ~$110.50 for potential upside until we make a lower low than what was seen in December. Low price target is purely a guess, but I'd expect to see it fall to the range of $50-$75 (not a very concise range, I know, but I'm really not sure how far it will fall - I just think lower). Afterwards, if the RSI plays along we...
Straight to the point. Until this trend is broken, I don't any other reason to think otherwise. Scale in when possible, sell a little on pumps! That's the plan going forward until we get some side action or shoot straight through some low highs! Same as BTC
Sell the rallies. Like tomorrow. These pops suck the ignorant in. Learn to trade or let someone who can do it for you. WTH Lower interest rates mean no reason to park money in the dollar. Long Gold during reset O Look the FED says the economy is not doing well lets follow the rally. Lower rates. WOW Be prepared.
Bitcoin downtrend is strong, and there does not seem to be much hope of a rally until we reach lower levels. Volume is still consistently low, which is not a good sign. What do you think? Do you think bitcoin is going lower, or do you see a bullish rally happening anytime soon? Please leave your comments below and lets discuss!
Hey guys, as mentioned in the last idea, i just wanted to give you a guys a lower timeframe analysis update on AUDUSD for a good entry. You know we are bullish on the daily so we are looking for a good entry point on lower time frames like 4h. Price is moving sideways since Friday on the 0.5 fib level. I really like to enter between the 0.5 - 0.61 level with stops...
We have to dip under 6.8k to forma lower low and hand control back to the bears. If not we will simply form a higher low. There's a chance we can bounce back up into the rising wedge but if this current 4hr candle closes here or lower there is a very high probability it will trigger the breakdown that can potentially send us back inside the weekly descending...
Gold Still In down Trend Make Lower High And Lower Low If Break 1218 Level than Break DOwn trend And Start Up trend other Wise Selling again and again 1295 /1205/1210 level Good point Selling