tgc01

tgc01

Alone, there is more work to be done for ETH. Range trading and failed 3 times on the 1700-1750 resistance. But as per previous post USD was correcting and we are seeing first sign of reversal there giving green light for risk assets. ETH h4 momentum bull, RSI heading towards 70 and not overbought, W%R strong - w/ potential inverted H/S with target not far above...

tgc01

1st daily reversal signal on EUR => Engulfing + bull divergence Additional US10Y at 4% resistance - looking attractive at this level for bond holders Looking for rebound on risk assets

tgc01

M top on SP500 confirmed on monthly timeframe when removing M2 (monetary inflation). Previously happened during dot.com and subprime. Localisation - at neckline and major resistance. Momentum - Divergence on MACD & RSI, MACD cross 0 tb confirmed at march closing - MA cross usually happens after retest of neckline (tb monitored) Structure - M TOP...

tgc01 Updated 

You can say danger yes but don't cry out doomsday yet. We are seeing classic pull back after strong technical rebound. We want to structure a nice W daily and reverse downward trend in place. Closed below key 1D MAs and trending below Kumo. Lost momentum in h4. Expected retest of 4300 to hope for a trend reversal. But we are far from it. Good thing is we have...

tgc01 Updated 

SP500 bounced off 1st fib and MAs. In triangular consolidation under resistance. Higher probability of downtrend continuation towards RLZ if breaks below 4444. Strong resistance above at 4600.

tgc01

BTC trying to push slightly more and first divergence on momentum seen. BTC bounced above daily trend and what we are seeing is somewhat positive. A strong break to the upside towards 1st stop @46500 is possible and would still not invalidate the downward trend. The upside and risk-reward here on any long trade is small. I would prefer to take profits and build a...

tgc01 Updated 

Hi there - I though I'd share my ideas around Silver which is my favorite pick amongs precious metals. FUNDAMENTALS Silver is largely included in protective ETFs that would see inflows from the heaven aspect of precious metals and there protective aspect vs inflation. In an end of cycle of Equities, falling corporate profits, little room for bonds to run and...

tgc01 Updated 

Lets have a closer look at this chart and breath a bit! The market is reacting to a surge in rate and as expected the dollar is starting to get traction. I hope the chart is self explanatory but I will try to put it in writing: We have reached deep oversold compared to previous level but we have made a higher low. As predicted, MACD is crossing. If we...

tgc01 Updated 

USOIL - WTI - SHORT Major and minor downward trend intact (August 14 reversal: break of upward chanel: MACD cross, breach of RSI14 50 level) confirmed following the breakout of short-term triangle consolidation (August 18 to 24). Fundamentals - Changing mix of WTI consumption - EVs coming sooner than late - Pretrochemical products inventories pilling - forget...

tgc01 Updated 

Im in deep trouble and need your advise. I have been following a trade for a while and felt it was the good time to enter, but I'm having doubts and felt like sharing to get your views! I am going to get through different points, and I am just supposing, I never have the right answer, I like to think that I just increase my probabilities of being right: so be...