WAITING FOR THE RIGHT TIME TO SELL
Daily retracement reached 76.4%.and I saw a equalievent time cycle.. Highly reliable buying setup. I am long now.
Hi Folks and Fawks, Many of you noticed the gold breakout of its downtrend last month, while near future still is bearish on gold, the long term projection is extremely bullish. Looking at the Gold/Silver Price Ratio we see that the ratio is at the 80x level, this was the top in 2003 and in 2008 before the infemous pice of $48. while silver price is staying a...
Interesting observation using the "time cycles" tool. Last 3 time cycles have been the near exact highs and lows of the SPY. If we bounce down from here, it would be quite the coincidence! I would assume we see near new lows at the bottom of this new channel, but beware - just because its happened the last 3 times, it obviously doesn't mean its a pattern. Just an...
Good morning GBP/NZD, time to rise and shine :) My case for a strong bullish reversal on this Extremely Valuable Pair {EVP} is due to the fact that: (1) It has completed a multi-month Harmonic Wave Formation and (2) the GBP/NZD is positively correlated with FX:AUDNZD and that pair is trending very aggressively into a multi-year bullish uptrend due to both...
jumping down to a smaller time frame and looking for some chances to get short
For me its not worth getting involved. im going to wait for price action around the structure level
Looking for it to hit the big green X however it has to break the green resistance box. If it don't go well and how I planned oh well its all about learning and experience but I stand strong with my opinion from my technical analysis. It will take a while but patience is a skill that comes with being a trader. #LEARN #PROGRESS #IS #KEY... #EXPERIENCE #PATIENCE
BRENT CRUDE OIL near all time low. Pullback possible.