This is where we stand at the moment. We don't think Gold is done with the flush as yet. Next week we may turn bullish short-term but we have a target lower down which also coincides with the potential 1H trend its in. Lets see where we close today.
We didn't trade today, we'll wait until Monday before getting back into the markets.
Wishing everyone a great...
If it breaks the support on the 4 hour it should break to the upside. If it closes daily above the 20 EMA then I would play 51k to 60k, take profit 59k.
Only trading the break and retest strategy. The break has already happened now I am waiting for a retest with multiple wick rejections to confirm a sell. If the sell opportunity is there I will be looking to sell to the weekly level @1.18430.
💡 Trade Idea
📈 ENJ/USDT | Buy Limit @ 1.2792
🎯 Target Profit 1.4210
🛑 Stop Loss 1.2212
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear upward movement where it posted a lower correction to the 1.2792 mark. We have a confluence zone between this support and the 61.8% Fibonacci retracement which...
💡 Trade Idea
📈 BNB/USDT | Buy Limit @ 237.90
🎯 Target Profit 301.70
🛑 Stop Loss 216.64
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price succeeded to break the flag formation to the upside and posted a lower correction to the 237.90 mark. We can also notice that the buyers are taking over since we have a big...
A quick analysis how the Bitcoin might move in the coming weeks. Have a look at the video please to find out if we are in a reversal or a correction ?
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Has bitcoin found enough support on the Demand zone? I think so. We broke the trendline, broke through the support and made a ms-shift right away. All very bullish signals.
Daily. We have to be really careful here and make sure we don't get stuck the wrong way in a new short-term trend. As you can see on the hourly we have a triple bottom, we're also at the bottom of a long-term trend on the daily. A technical retracement is due but this is Gold we're talking about so it can really shake traders out. This would be the ideal...
Trend: Bearish (short term)
Structure: Support & Resistance
Plan: We look for AUDUSD to rebound off of the current resistance level. We await candle close in 15 mins to see if price respects the resistance level, if it does then we look for price to fall to previous low
We're facing strong support here around the 1710-08 level. Its also a very recent triple bottom so it looks like at some point the price is going to try and test the resistance levels above.
A good sign is that Gold closed below 1720 which maintains negative pressure. However, that is still a resistance level that needs to hold. We have a lower target now of...
💡 Trade Idea
📈 ADA/USDT | Buy Limit @ 1.1790
🎯 Target Profit 1.4631
🛑 Stop Loss 1.0693
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price posted a correction count on the 4 hour time. We have a confluence zone between the daily support, trendline and the 61.8% Fibonacci retracement which might lead to a move upward...
Price sharply oncoming to the level without range and kickbacks. A good signal in the price movement will be:
1. The closing price of the next day's candle is higher than the High of the previous day"s candle.
2. Candles have short shadows.
3. The price moves inside the channel, quickly overcoming the distance from High to Low of the channel.
4. The price has left...
Hello to all traders/investors,
Seen these days on chat lot of stupidity, regular traders or just trolls posting rockets every day /hour on every $10 bounce of BTC some with ireal targets some with imaginary targets none being real.
You do have to understand that crypto markets are crashing, don`t need tools, indicators or to have a diploma in economics, this is...
