Taking a look at the weekly progress of multiple correlated markets and updated price targets: Bitcoin, Gold, Silver, USD, S&P500 Bitcoin Excluding the March mayhem deviation in price, weeks ago there were hints of a parabolic trend starting to develop. The breakout of a macro downtrend and weekly candle close above it was the buy signal. Using macro...
Silver is trading in a local bullish trend respecting a rising trend line. after a correctional movement within a bullish flag pattern from 25 level, the price has finally broken above that, and it indicates a highly probable bullish continuation. current local demand zone is based on a broken resistance of the flag and green trend line. based on a desired...
Exemplify Workrate Trade Safe
That breakout was stopped cold in its tracks, but gold made a higher low than Sept 24. This is typically a great sign that it is ready to keep rallying. If that is true, then this could be a good change to buy. Silver seemed to hold up well also.
Hello traders, Similar to Gold , Silver has also completed or is nearing completion of its 6-month cyclical intermediate low. Anytime from the end of December to the end of January, I will be looking for a price target between 37 and 41 on Silver , with a "most likely case" slightly below 40 . -zSplit
Analysis based on Fundamentals and Price Action. With Risk Management you will never loss. Thank you
Daytrade position on the VIX. Leverage 1:5. Uncertainty is a „blessing“. VIX gonna skyrocket, Minimum TP is 120, max TP is essentielly higher. SL as displayed.
It seems that the time for Silver has come. This should be a massive XAG/USD uptrend, much stronger than the Gold one.
The Trump & Biden win Cryptocurrency tokens on the FTX exchange is giving us a great gouge of the Crypto community sentiment towards the two candidates. We are also see a perfect example here of the Bull & Bear Flag patterns with Trump showing the bullish version & Biden the bearish. Some key points about BULL & BEAR FLAGS: • BEST ENTRY IS often when price...
Hi Guys - Do not take this as trading advice, Its only my thoughts on the market and what I see pre-results for the elections. Remember to follow me if you like the content Cheers
Bitcoin Dominance Has Had a Nice Run But, It Seems To Re Respecting the Parabolic Resistance. If The Resistance is True and BTC.D Continues To Trade Within The Yellow Channel, it could go back down to 55%.. And Then Even Lower. The Contemplating Crypto Collective 🔸️Learn How to Trade and Invest Into Cryptocurrency🧠 🔸️Get Profitable Trading Set-Ups and...
Been watching the DXY closely for a few months now as i mainly trade Bitcoin and its heavily pegged to the strength of the USD mainly from global arbitrage. I was expecting a huge retrace on BTC when the DXY started to recover from those V bottoms but it quickly got shot down again when the US markets started to recover. BTC went on a run and hit close to 14k, and...
As long as the market doesn't crash. Because that will temporarily bring us out of trend.
Previous talk about USD destruction, etc. have come a long way, and the USD indeed has devalued due to fundamentals. However, it broke out of a falling triangle/wedge, tested and is on the break out. For whatever reasons, the skew in the markets have pushed the USD too far down, and it is time for a USD rise. Clearly, sparked off by fear and such... so much so...
Here is an outline of the cycles marked with Revolutionary factors. Factors that will not be stopped. Therefore as Trump makes you think one thing understand that no matter what 5G is here to stay. The real move and international play is 5g. The system must be reset for that to take place. Just like it did with 3g and 4g revolutions. Yes they are revolutions....
I think longer term gold will play an evil trick because, the fundamentals for golds rise have not gone yet. so when price collapses and makes a good daily buy in price, its best to think accordingly. find a set up on lower timeframe to long gold, for targets at 1950. dxy will fall again as its in downtrend, as traders its our job to make profit from this.