GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, GREATLAND GOLD PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, VODAFONE GROUP PLC ORD USD0.20 20/21
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
In this example I show the pattern of the end of a downtrend which has the following conditions:
1- long and strong downtrend.
2- A stretch in volume which is one sign for the end of the trend (sell panic). So, whales are ready to buy at low prices.
3- A falling wedge. This means there are lower lows but with weaker momentum, this means whales started to buy.
I would like to share my strategy with you. I guess the whales are planning for low prices, so I am planning to accumulate at the horizontal dash lines. The price may fall directly to the bottom (the orange V shape) or descend in a falling wedge (the blue arrows). I have already allocated my pending orders. IMO this is much better than falling into bear and bull ...
This chart is very bearich
This is a descending wedge with a 50% decline in price. I will buy at price 0.094 Allah willing.
I find BTCUSD has not find the bottom yet. My expectation is the price will go further down and the whales are planning to accumulate at very low price before they start a new journey to the moon. I may be wrong, but this what I have found from the previous rally on March 2018 which was only a correction for the big downtrend. I am 25% bull of my capital at the ...
This what I see from the chart. The bottom of this trend is very close.
I have been following botje11 for two months and I really like his analysis and I have learnt a lot form him. So I have decided to explain his charts and share with you what I understand from these charts according to the TA that I see in these charts. So I am not adding any thing new to his ...