Request for analysis on Barrick Gold
on Monday 22 February 21.
Here's What I think.
Tuesday 23 Feb 2021
Looking at the Weekly Chart
It looks as though Barrick Gold
Has finally found Weekly Support.
After a Long Decline.
Note. The Fib retracement Price has hit the 61.8 Retracement Exactly.
Would Like for Price to Close
Above the Weekly...
Workhorse is slowly retracing after printing its ATH back at the start of Feb 2021 for $42.93.
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the...
Sooo, I have bin looking in to #SENS for a while now. And came to the conclusion that this company is sitting on a gold mine. I tried to understand why this company still haven't taken off. Is it because of the short's, or is it a PR issue? I am really lost and would love any idea any one could share with me
GBPCAD 4hr potential, Target in sight. Waiting to see the pound strength come through.
This weekly resistance could prove to be a hidden obsticle for the short term, if the GBP strength can rally through can take a long position.
Another test of that upside pending for USD/JPY today. Keep an eye on this pair traders. It will give us a great indication of longer term USD movements across all currency pairs. More information? Just direct message me and I'll do my best to get back to you all!
Eyes are still very much on this pair.
No opportunity presented itself last week, but at the moment we have a nice and clean potential double top forming. Naturally, we need to see this neckline taken out before we can trade it. The double top itself (although it cannot be classified as divergence) is showing significant signs of weakening, through the MACD and...
As always we always look left when planning a trade. To the left is a clean candle so if price can break to around 120.500 that would be my entry to plan to go up to 120.550, which could then possibly lead to 120.600-120.620.