Mukonkami

Mukonkami

Trend is bullish, nice support.

Mukonkami

Stocks have long been fueled by nothing but tech stocks and Fed interest cut rates, while cities re-impose lockdown measure as COVID-19 cases rise.

Mukonkami

Follow the trend. Simply scalp the channel.

Mukonkami

Gold rallied significantly in the past weeks and now's been overbought. A little pullback is inevitable to at least 0.50 fib level. However, a reversal to 1500.20 is probable.

Mukonkami

Might keep bouncing back and forth in that bullish wedge pattern. For now, short the reversal.

Mukonkami

Keep scalping the channel. Remain cautious though. PHI-Ellipse + Ascending Channel = Bulls.

Mukonkami

Nice hammer forming down there. TP1=1440 TP2=1460

Mukonkami

TP 1.30200. SL 1.30700

Mukonkami

TP 0.97800

Mukonkami

TP 1450. SL 1410

Mukonkami

Tp 12000. Sl 10400

Mukonkami

3 patterns strongly suggest a bull market from here. A descending channel that formed created a crab that eventually brokeout to the top which in turn formed a bull flag/whipsaw/channel. So now, these 3 patterns distinctively depicts a continuing uptrend.

Mukonkami

Downtrend + Whipsaw x3 = Bears

Mukonkami

Probable slight pullback then rally.

Mukonkami

Descending channel that could possibly breakout to the bottom. However, positioning early might yield huge profits as confirmed by the bat.

Mukonkami

Should expect a pullback from here to TP between 1410 and 1400.

Mukonkami

Rally exhausted. Should drop to consolidate.

Mukonkami

SELL! Looks like a double top is about to form. TP 1332 and TP 1320.