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Long-signal

USDCHF GROW and will come to RESISTANCE lineThe price continues to move in a downtrend, which the pair began in 2019. Three important lines correct the price movement as it falls. One line is support from March 2019, and two resistances from December 2019 and March 2020, respectively. We can see that in the middle of last week the price came to the support line of 0.877, after which it rebounded and began to grow. During the growth, it came to the first resistance line at 0.888 and is now at it. This resistance line has existed since December 2019, however, during this time, the price has repeatedly broken it both during the growth and during the fall. So now I am expecting what will rise above this line. After the breakout, it will roll back to consolidate, and then head to the next resistance bar at 0.898. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
10
GOLD Break-Out: Strong Bullish SignalYesterday, Gold broke out of the channel which it has been following since early August. The break out was produced by a massive candle of more than +2.3% in a day, which is rare for Gold. Considering the prior, I see the commodity gaining more strength in the coming days, potentially rivaling the all-time-high in the near future. I've marked two areas of resistance on the chart where I expect a lot of bearish pressure, although I'm quite sure Resistance 1 won't be any issue.
OANDA:XAUUSDLong
by FieryTrading
2
Bitcoin: Accumulation Before Another JumpSince late October, we have seen an amazing surge in the value of Bitcoin. The surges usually don't last long, maybe a day or so. After this exponential growth, Bitcoin enters a phase of consolidation where it "cools down" a bit, and where the whales can accumulate. This has happened for the last five quick surges. You reckon it will happen again? Every surge comes with an increase in Bitcoin's value of 30-35 percent on average. Assuming we will be entering a consolidation phase, I see the next surge bringing Bitcoin to a value of over $34,000. Be aware that the $30,000 resistance might be quite a hurdle to take.
Long
by FieryTrading