Im trying to visualize the channel and angle at which GOLD could finally recover from its last bearish trend. We can see price breakout of the bear trend and now looking to pick up strength and speed back toward 1300s. Buy supports along the uptrend channel. Best of luck!
Wait for a decent correction. The market needs liquidity and might drop to look for more orders. A good area is illustrated in orange. Best of luck!
Sell UJ soon If price reaches the resistance, it is a good opportunity to sell. Best of luck!
Idea illustrated above for a possible Double Top on UJ Best of luck
We can see EU making a bearish flag. Price respected a resistance level and formed a bearish engulfing candle after the bounce off of the resistance. Wait for next candle to clse bellow the flag to trade the breakout. Best of luck! Follow my channel for more simple trading strategies Trading Simple International #forex #eurusd #trading #marketstructure...
Im trying to visualize a possible H&S on UJ. Price might make a double top which is my initial analysis and bias; however, this can't be out of the question. Best of luck!
Possible outcome for UJ. Price is looking to make a double top and could extend to retest 114.500s If not, price should fall anytime back toward 112.000s Wait for confirmations either way. Pay attention to the wicks on key areas like support and resistance. Longer term: I believe UJ DOWN Best of luck!
Price could be looking to create a double top. Sell the resistance. Sell the breakout of the support near 112.000 AB = CD Best of luck!
Check my previous analysis on UJ in which I recommended short entries at the retest of a resistance area. Also, to trade the breakout of the trendline. If you are not in this trade, be patient for a pullback should give you an entry opportunity within the range i illustrate in orange. Hold this position toward the end of the year. Best luck! Follow my...
Keep your analysis clean and simple. Vision wise it gives you a better understanding and clear trading plan. A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels. Fundamentally: USD Dollar finally starts feeling the hit of the FED's decisions Markets worldwide are in a critical situation...
USDJPY looking to break a major trendline! Wait for the breakout Enter on the pullback Stop Loss at the end of the wicks of the pullback Best of luck!
A bearish engulfing candle has formed in UJ 2 weeks ago, telling us price has rejected the resistance area at 114 We can start to see confirmations to the downside and on the long term, price could make a strong drop towards 100s Trade the trend! Trade the pullbacks of broken areas! Pay attention to the wicks that form on key support and resistance areas!...
Keep it simple: GOLD has broken an important bearish trendline It should make a retest in search of liquidity Price should look for a change in direction and head up to higher resistance areas Trade breakouts of resistance levels after their respective pullbacks Watch out for wicks near key support and resistance areas The trend is your friend! Best of luck
We can see price has broken a key trendline acting as resistance. Price has not retested such breakout, for we ought to wait for a pullback if we want to go long. Could this be only a long term pull back? Will price bounce back down between 50% and 61% Fib retracement? Is gold on it's way back to 1,300s? I recommend you set your initial targets at A: 1240.00...
Today i asked myself a question that made me do a second analysis on BTC: "How many bills would a billionaire have to have to see his fortune?" - A LOT of bills... physical paper, stacked up. "How many BTC would a billionaire have to have to see his fortune, if BTC can be fragmented?" - NOT TOO MANY! I am starting to believe in the positive future of...
Im trying to visualize a cup and handle on BTC ...
Price could make a double top on a key resistance/pivot area. We can see a well defined downtrend channel. If price fails to break resistance, it should look to test the most proximate support; should such support break, a continuation to even lower support areas should occur. The extension of a bearish impulse would lead to the inferior trendline of the...