anasanmu

anasanmu

Nice risk entry opportunity. By looking at the big time frame, it shows nice uptrend with strong horizontal and dynamic resistances. Also, looks like it just broke the triangle pattern and doing a pullback.

anasanmu

JXY looking very bullish, but if it breaks level 89 then it is reversal.

anasanmu

6.27.2021 Gold $1781.50 I see two different risk entry positions. - The technical analysis shows that since August 2020, it created falling wedge pattern which mostly breaks up. - The dynamic uptrend trend line which I drew in green is a strong support, therefore; if it takes another support at price around $1750 it is a long entry. - If it breaks the support...

anasanmu

6.23.2021 $1.1931 I am preparing for my long entry due to the following reasons: - The falling wedge which started 2008 finally broke up this July of 2021. - Historically there are two falling wedges that both broke up. I circled them in orange. - Inside the 2008 falling wedge/bull flag, there is another flag and it gives us another proof that trend will...

anasanmu

6.22.21 $72.95 My guess is that the market will be bearish in near future. Because: - In 2018, when market reached $75.50 it fell to $66.60 support level twice. - Since April 2021, the market shows rising wedge pattern which most likely breaks down. - The dynamic resistance and the rising wedge resistances are both one the same level - It is time for consolidation