While the crypto market is choppy, just remember that the crypto market cap excluding Bitcoin and Ethereum is not back to their previous all-time highs yet.
Dear friends, today gold is once again strongly approaching the 2220 integer mark, and the market has a high sentiment of following the trend. However, gold has not crossed this mark after all, and is currently stuck near the 2217 position. I know that many people in the market are targeting the 2245-2250 area. But what I want to remind is that before gold breaks...
Dear friends, the current gold market is crazy. Today, gold is once again strongly approaching the 2220 integer mark. The market has a high sentiment of following the trend of long positions, but gold has not crossed this mark after all, and is currently stuck near the 2217 position. But behind the extreme madness is the correct logic of the market. Judging from...
Always remember that the market can enter itself unpredictably at these marks.
Always remember that you should have a plan B in your pocket or on a notebook.
Bitcoin may very well hit 150-200k in the next couple of years but it is in a huge rising wedge pattern that may crash it -90% from those areas. It’s slow it’s hardly adopted and highly manipulated.
Here's another video highlighting the trades I took this morning and yesterday and some of the longer term swing positions I'm in with analysis as to why I took them.
Hope this was helpful
Happy Trading :)
Have you noticed how much ZCASH has been lagging behind the rest of the market? This recently came across my radar and I was in disbelief. I've noticed in the past that ZCASH would follow Litecoin & Compound. All three alt coins have similar circulating supply so I was never too surprised in the past when I'd notice the three tokens pumping/dumping together or...
ACTIVTRADES:GOLD TVC:GOLD OANDA:XAUUSD FXOPEN:XAUUSD VELOCITY:GOLD MCX:GOLD1! NCDEX:GOLD CAPITALCOM:GOLD
The upper top initially appears. Profitability is certain by following the instructions.
xauusd@2153-2155buy. tp2162-2165.sl2145
xauusd@2165-2168Sell. tp2155.sl2175
When you are not a member and follow the above operations, remember to...
XAUUSD H1 successfully carried out a sweep in the H1 structure. If the bullish trend continues, there is a possibility of pulling back to level 38.2 Fibo retracement or level 288 Fibo extension. It is also necessary to pay attention to Chair Jerome H. Powell's interview in the Moderated Discussion with Kai Ryssdal at the Federal Reserve Bank of San Francisco...
AngelOne formed a falling wedge pattern on daily chart. Strong bullish breakout with good volume on the day of breakout give higher probability for a good run. Stoploss just below the breakout candle would give 1:2 risk reward ratio. Moreover whenever price falls there was noticeable below average volume.
As we can see price is breaking the previous daily high and soon we can expect more rise here to the major resistance mentioned on the chart and then heavy dump is expected from that resistance zone like the red arrows on chart.
DISCLAIMER: ((trade based on your own decision))
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After decreasing volume a flag was created, where price tend to stop in the EMA, and today we get a breakout with volume rising.
This candle is also breaking the resistance that was created before by the pattern, after being crossed.
After the flag breakout the RSI rise above 50.
We can see the Fibo, and the buyers are pushing the 38,2%, with a possible upward trend.
As we can see that EURJPY has created head and shoulder pattern at the well respected Trendline while also breaking and retesting a significant resistance zone.
So you can plan short trade over here if you agree with the analysis.
Hello traders,
In the Asian session this morning, the GBP/USD price has shown a downward trend but has yet to break the 1.2586 support level. It is predicted that the price will rise in the short term to the resistance zone at 1.2675 and then retrace back to the support zone at 1.2586.
