TokieTV

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SHIB and crypto in general lost significant volume the past few weeks and is continuing in a downtrend; however, that downtrend should also correct soon. Using the bullish gartley, we can start going long from 0.03177 to 0.03192 from there then anticipate to hit our first resistance of 0.03717 before ultimately breaking the descending channel once it breaks...

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USDJPY had been showing weakness the past few days and is heavily supported with its ascending channel. Will the track soon end and complete its descent to 112 levels or will it break trend and proceed in an upward channel. Let us see in the next few months since this is a mid-term plan but I am expecting the USD to be weakened by then.

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GBPUSD had been delaying its uptrend for weeks now which may be due to continuous negative news, especially from the COVID variant which affects the economic status of countries on a global scale. However, even though we currently do not have relative volume which can move the market up, we have a few assurances that it could and one of them is the overall market...

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Gold has a macro falling wedge structure which is further supported by continuous mini-ascending channels then have slight reversals due to the micro descending channel structures, thus we can expect that once this current long is finished and is triggered by 1813-1814 price, we can expect a major correction bound to the 1680 levels before another major reversal...

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My idea last night was invalidated with AUDUSD continuing its bullish run, only now consolidating which furthers its resolve to hit the 2nd resistance of 0.72200. With a tight cut loss down to 0.71030, you can re-entry with the value 0.71330 or above with a TP area of either 0.72200 or until 0.72840 (My personal TP area is up to 0.72600+ only to be on the safe...

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After hitting our 1st resistance, EU is undergoing a re-test phase. Expect for price to drop as low as 1.129700 or even 1.129600 before buying again with a TP area of 1.137000+. Appropriate cut-loss area would be at 1.12830 to protect your port from too much losses.

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AU's price already hit our first resistance, thus making it an actual breakout. Now, you may scalp 200 pips below or even 150 pips below the current market price ONLY and set your stop at 0.715 for a re-test. Only way to continue the scalp is if 200 pips break. Disclaimer: This is for educational purposes only.

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We've Gold's ascending channel on the 4hr TF is almost completed and we are looking for a descent to 1770.00 minimum. To create a very strong support, hopefully gold will go down to 1740. Disclaimer: This is for educational purposes only.

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EURUSD as we talked about earlier should have formed a double bottom, fortunately, it did not break the 1.12260+ levels; therefore, for a quick scalp until such a time EU decides to go back to its market structure properly, you may swing trade for a quick long to 1.12900+ levels. Disclaimer: This is for educational purposes only.

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GBPUSD had been attempting for the past few days to re-surface to its original market structure which is designated for an uptrend to 1.36000+ levels but due to a series of unfortunate events, GU failed to do so and is currently deciding whether or not it will breakthrough the 1.33000 levels or continue its descending channel down to 1.31900+ which are marked as...

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AUDUSD has broken the 0.70000 and persisted above the 0.71100 + levels. Nearing its first resistance of 0.71400+ , will it be able to break it or will it come crashing down? There will be multiple factors that will determine whether or not this is a true breakout or a false breakout (TA wise): 1. Volume - will the volume be relative enough to be able to...

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AVAXUSDT had a whipsaw a few days ago with the bears trying to overrun the bulls and attempting to put the value as low as $66; however, it should be noted that there is significant volume which heavily supports point B of the Bullish Butterfly harmonic pattern of AVAXUSDT. As a position trader, you have a lot of assurances that the value can go up as high as $137...

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USDCAD had swung from 1.28432 down to its current price of 1.27796, hitting my stop loss of 1.27800 for long. Should this candle (Marubozou) and be the ending candle of the day then the likelihood of it completing its ascending channel very soon is imminent. From a weekly point of view, you can short as low as 1.24790 with a stop loss of 1.29539 or up to 1.29 to...

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AUDUSD formed an ascending triangle which supports a bearish run; however, due to its previous channel which was a bullish triangle but somehow ended up becoming a bearish run, it is important to consider that likewise with this ascending channel , a long bull run can be considered with heavy consideration of its stochastics. Its EMA 800 should also be considered...

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USDJPY is once again "swinging". With an indecisiveness overall showing for shorting, one of the few things that is holding its current bull run is its stochastics being exhausted in the daily timeframe. We may be able to see an uptrend up to 113.900 before ultimately shorting to 112.050 but with its current state, it is pretty difficult to tell. Disclaimer:...

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Couldn't think of a better title but GBPUSD is already showing signs of volume. With consolidation gearing down to 1.32200+ levels, a major bounce from that point is imminent to support the completion of the descending channel. Cut-loss area is if it breaks the double bottom but a formation of a triple bottom is highly unlikely since US pairs won't allow...

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Gold is nearing its major support, between levels 1745-1760. The formation of a triple bottom is highly unlikely in this scenario so the next best scenario is to wait until it hits 1745 or at least 1760. it is important to apply proper risk management as anything can go for this month with the bulls already exhausting for the US currency yet can still show some...

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Currently, EURUSD is ranging and is residing within the 1.12800+ values to 1.13000+ values. While it is ranging, it is important to take note whether or not the re-test area (marked in the box) will break or not because once it does, the formation of a double bottom is very likely which would serve as our "Scenario A". However, should the minor resistance of...