Krach

Krach

Gold has found support in the 1045-1052 range. Price has broken above the daily Kijun-sen at 1072. If 1085 is broken then a test of the daily kumo cloud and target of 1120. If 1085 fails to break to the upside then look for the kijun-sen to be tested again. not trading advice get rekt at your own risk mktfx.com

Krach

Bitcoin Black Friday 2013

Krach

Bitcoin Black Friday 2014

Krach

These charts will show us the the 2015, 2014 and 2013 Black Fridays. There are a lot of things on sale if you buy them with bitcoin. Legend has it that merchants then need to sell a lot of bitcoin that they took in on the sales. 2013 - Price went up through bitcoin black Friday to the all time high, only to sell off violently shortly afterwards. 2014 - Price sold...

Krach

Following a test of the trendline starting at 1227 the price of GOLD/USD did not make a new low. On Oct 2nd there was a lot of selling but the price failed to break 1100 and closed at 1112.43. Since then there has been a chalenge and breakout of the trendline.Daily close well above 1162 would be a strong signal to the upside. A failure to break the 1162 area could...

Krach

The Gold/USD price has shortly exited the 1 day kumo cloud and has started to head down and is currently below the Tenkan - Sen (red). A high of around 1141 was tested and since then the price consolidated and was unable to make new highs and have a strong breakout of the kumo or the trendline. The RSI was at similar levels when the price peaked at 1228 and 1205 ....

Krach

The Gold/USD price has entered the one day ichimoku cloud and has started to head down out of the cloud. A high of around 1170 was tested and since then the price has continued on a down trend on the higher timeframes. On the one day the price has risen above and now is well below the Tenkan-sen and the Kijun-sen which was a support area. Currently the Chiko (lag)...

Krach

For an attempt at trend reversal the 49$ area needs to be broken and then the 1 Day Ichimoku. So long as the 49$ area is not broken to the upside look for a possible drop to the 42$ area. If this is not held then we could see as low as 30$. If the 1 Day Tenkan-sen (green) clearly broken then the 49$ area would likely be touched if it happens in the next 1-3 days....

Krach

Price action moving along the 15min 100 EMA and Ichi cloud

Krach

test

Krach

A few attempts to exit the 4 hour cloud were denied as can be seen with the long wicks on the candles in the 4 hour cloud. In the one day the price is under the cloud and the 26 period lag is under the price. Another attempt to breakout of the 4 hour cloud / attempt to enter the 1 day cloud is likely (pullback) and then more down to test the support area around...

Krach

Downside cloud breakout, Kijun-sen cross (red) and now Chiko breakout of the cloud. Will this last all summer?

Krach

220 range has been tested, Conversion line (blue) and then a possible conversion line cross with the base line (red) around the same time as entering the 1 Day cloud. At that point we will be going to the moon and 1000$ bitcoin will be around the corner. Dumped down to 215 area and then another incredible "organic" bitcoi "rally" all the way to 240-245 area.

Krach

If you want to pump the DAX , make the EURO cheap

Krach

Cable very overextended, look for this to pop up when London and Frankfurt wake up.