Our last short went through and hit the tp level. Now we can cautiously long this as it is due for correction. Currently it is in a downtrend and you can see the S/R levels on the chart.
Still some up movement remaining in the short term towards the top green line. Short from top of range and take profit at bottom.
Green lines are S/R levels and the bottom green line is the tp level. Good short for the short term.
Silver bullish with green lines showing the bottom and top support resistance. Pink lines in the middle are minor S/R levels.
As you all may already know, the last few days have been crazy for cryptos. Litecoin has been moving up fast. Here are the fib levels which are good sources to point out tp levels. Personally, I don't trade cryptos due to its craziness and unpredictability. It is a bubble but not exactly any signs of bursting in the short term. Check out the tp levels and remember...
The last few days have been crazy for cryptos. Ethereum is still moving as a strong bull. Here are the fib levels which are good sources to point out tp levels. Personally, I don't trade cryptos due to its craziness and unpredictability. It is a bubble but not exactly any signs of bursting in the short term.
USDCAD is near the top of its range it is currently in and would be a good short opportunity. Green lines are the S/R levels.
XBI is currently bearish in this range with S/R levels in green. This indicates a good buy for LABD. XBI is a short to 79$.
Check out Green S/R levels. There is a very strong S/R level around 1.2 which has already been touched recently. Some decent support around 1.17 and strong support at 1.043. Long term bearish to 1.043.
Ripple is current in a range from 0.15 - 0.30. Overall, Ripple seems like one of the better long-term cryptocurrencies as it has some signs of government liking from Japan. (www.cnbc.com). Overall, I see this cryptocurrency as having lots of potential for the long term future to come.
Bitcoin still showing strong bull momentum as more news outlets broadcast bitcoin and attract more buyers. Green levels are S/R levels. The balloon is still inflating and still time before any signs of collapse. Bitcoin will likely remain bullish through 2017. But, we will likely see governments start to take action against Bitcoin come 2018.
Natgasusd is coming down today and looking for its big winter up move. Ugaz is also seen nearing its support so this can indicate a great buy opportunity for the winter. Looking to buy under 6.30.
Another Bear wave should occur through tomorrow. This will setup perfectly for a great long opportunity. The green lines are all minor support levels. This is a short term graph on the hourly. Long term Bull view after this bear wave. Good Luck!
Here is the updated chart and plan. We got a bearish report which will make it decrease as trend suggest and then once public panics and they exit their longs, smart money will enter.
In the Longterm, Gold looks like a short from here. Blue zones are support areas.
Soon, we will see a good short opportunity when oil reaches around 60$. Afterwards we can see a great long opportunity.