AlexHorn

AlexHorn

„Goin‘ against the melt-up trend?“ vs “Profittin‘ from substantial overbought market situation?“

AlexHorn

Seein‘ another pullback comin‘... so why not jump right into it...

AlexHorn

Consolidation almost complete.. now let‘s buckle up for the next large wave UP!

AlexHorn Updated 

Imma let the chart speak for itself...

AlexHorn Updated 

Bottom is in, the way I see it... so why not buy the bounce? :D What are your thoughts...?!

AlexHorn Updated 

Catching the next leg up...? Feeling comfortably sure 'bout it - so let's load up on some S/L orders... shall we?! :D

AlexHorn Updated 

As shown... simple-n-plain...

AlexHorn Updated 

Looks overheated [ RSI ], needs some cooling down.. guess it will, soon... TP shown in the chart ~ convergence of 61.8 Fib + 50MA + upper side of former downtrend channel ... LET'S RIDE!!!

AlexHorn Updated 

Fundamentals seem to be aligning up just perfectly (BRL strength coming up, current cyclical low yield year, solid to steadily growing global demand etc.), all the while the until-recently uber bearish chart already started to brighten significantly - to me at least! Reasons enough for a cautiously bullish view of things.. and for me to open a small position...

AlexHorn Updated 

Simple & plain - as shown in the chart

AlexHorn

Let's see.. ...Gold consolidating within a well defined ascending triangle - CHECK! ...above 100MA (4H) with a bullish upward trajectory - CHECK! ...RSI (4H) above "50" with a bullish upward trajectory - CHECK! ...DXY having a hard time probably enduring a rather prolonged/deeper/correction - 2 b confirmed! ...general bullish fundamental background ("geo- &...

AlexHorn Updated 

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AlexHorn Updated 

After rallying strong off the DEC '18 lows -which elevated WTI more than 40%!- and as prices gradually approach the 50 Fib level of the whole gargantuan sell-off move dating back to the last October high all through December of 2018 and with the RSI already in overbought territory, I assume it is now time for some rather prolonged rectracement/correction......

AlexHorn Updated 

CAD now bearish on all pairs, especially the one at hand... might bounce from here up to the recent trade's TP @ ~83.13 = 23.6 Fib level at most and, from there on, should continue its decline by breaking through the massive SHS-formation that developed since mid-NOV '16 - metrics here indicate a potential breakdown to 69.xx with an intermediate low which happens...

AlexHorn Updated 

See for yourselves... what y'all think?

AlexHorn Updated 

It's all in the chart...

AlexHorn

This neat lil ride should last til Friday, probably Monday, even (as the RSI still has some room to g(r)ow)... right up to a rather solid confluence zone resulting from the 38.2 Fib level (May high & low) and the general downtrend line, valid since mid-July - 100 PIPS should be a piece of cake with this setup. (Trade active for a few hours now and still looks...

AlexHorn

.. let's have some long-term fun, yayyy - hopefully we can ride the trade with a full retracement right down to 0.6827xx.. so to tell me what y'all think!!!