LiamsAnalysis

LiamsAnalysis

Having respected the Bottom of the Range, Gold has approached a majour decending trend zone, as well as 0.786 retracement, on recent move. Concerns on global sentiment with China & America, however It appears a bigger move downwards is on the cards, providing we remain within trend zone for a few weeks.

LiamsAnalysis

Expecting a support to be respected around the low 80$ region before proceeding for next leg upwards, biased towards inflation & supply to demand constraints.

LiamsAnalysis

Perhaps we will test the bottom end of the mid-term trend channel bitcoin has created. Wiping out much of the hyped retail liquidity leveraging themselves on the exchanges.

LiamsAnalysis Updated 

Expecting a Push back higher towards the 1930-1950 region on Gold (XAU/USD), Technical & Fundamental Confluences are being demonstrated, forming a Ascending Trend Zone on the Hourly Time Frame, Secondly we should look to retest the Descending Trend Line starting from the $2000 Region. Along with the Presidential Elections nearing, generally we see Gold strength...

LiamsAnalysis

A number of Technicals stacking up here including fundamental bias looking bearish for Oil Mid-term. We could be forming the second lower high of a downtrend set to commence, including this we are at the 61.8 FIB Retracement mark. Orange zone marks Daily timeframe.

LiamsAnalysis Updated 

Here’s some insight into Bitcoin, as you can see on my graph we are currently squeezing into a wedge which is generally a sign for a large price movement incoming. My overall bias on Bitcoin is to the Upside, seeing that the majority of markets are over inflated at the moment, Bitcoin most definitely has room to grow. As a technical trader, I have illustrated 2...

LiamsAnalysis Updated 

After being short on this asset class for the whole week, due to a bearish stance on global demand, over supply, a tremendous rally presenting over bought conditions & doubtfulness in global trade agreements, after witnessing a clean break of the ascending trend line last week I increased my position sizing, with the negative crude inventory data released...

LiamsAnalysis Updated 

Following 3 successful trades with trend, fundamental & technical confluence, we appear to be attempting a breach of the descending wedge, I believe due to the UK restarting their economy and the US Covid 19 cases growing at a quicker rate, the GBP will be favoured temporarily Will hope for higher CPI figures to be achieved by the UK on July 15th

LiamsAnalysis

Following a struggle to break 108 Yesterday, a Sell Stop order we had placed has triggered, with a R:R of 1:3 Fundamentally biased to a dollar sell off today due to escalation in corona virus issues, of course Japan is facing similar issues but on a smaller scale and due to a recent dollar rally my bias has sided with the JPY today

LiamsAnalysis

I have opened 2 long positions on BTC after identifying momentum loss on a key support region and long term descending trend line, that BTC had broken to the upside on 26th of October and had now returned to retest. I am taking this position purely on a technical basis due to good Risk to Reward, I will look to take profit at the upper end of the channel and aim...

LiamsAnalysis

Taking a Short Position on WTI Oil due to the recent rally not being able to breach the 4H Resistance zone, The forecasted data on US Crude Oil Inventory Supplies is set to be positive, this is why Oil has risen in my opinion, however there is a risk of the news missing and more and more talk of an demand slowdown globally, therefore I believe we could see a...

LiamsAnalysis Updated 

On a 5M (Scalping Timeframe) There appears to be a Short Term Descending Trend Line on Gold, I have placed Stop losses behind this and a 1H Descending Trend Line 7:1 Risk to Reward

LiamsAnalysis Updated 

Descending trend channel has been respected on the Daily timeframe on pair CAD/JPY, the R:R is solid at 1:4 so this is a trade I have entered on a technical basis.

LiamsAnalysis

Here's an idea of a Long Oil Position taken, I have set 3 TP zones with a SL at 55.3, RR is 1:6.2 I have taken this position due to the recent break of long term Descending Trend Lines, this led to Oil pushing into the 58 Zone and after positive news today I believe we have seen a manipulative push down before gearing up for a Push towards the 60$ Region

LiamsAnalysis Updated 

Flash dump imminent to 10-11k region?