After a long uptrend marked in green, the gold market stagnated during a period of consolidation / accumulation (Value Area) to break this zone and rebound on a distribution TP1 : 1806 TP2 : 1726 (if we break the level of 1806) The level of 1726 represents a solid support (zone of accumulation)
Waves 1-3 were completed, now we're sliding in Wave 4. Wave C of 4 now waiting confirmation to finish it work. As you can see market will reach 0.60 as our first target and you can fill your long positions there. Banks options setted on 0.57-0.58, no chance to go under those levels. You can put shorts here with TP on <0.60 level. Then, buy as much as you can and...
Other notes: When two green ascending channels converge, be ready for some real carnage in equity markets. Q1 2022. I expect bitcoin will finish it's 2021 bull run also, and go down before consolidating into it's 2024 halving. Status: Nov 13, 2020
waiting to see if we get a break and retest to go short, or a bounce to go long.
Hi Friends\ this W pattern could be happen for your long trades and also I showed resistances & supports lines for your short trades. so the first strong step or Resistance line for our W pattern could be 0.00015104 and your strong Support line is 0.00012849 . so you can do long trade by W pattern but you have to get confirmation candles above 0.00014528 to be...
Here I share with you a peculiar way I have of working Bitcoin. This always anticipates the possible falls or rises in the price of BTC, just as it makes you see the good areas of Buys or resistance. How? by working it against Gold. A possible drop in price is coming. I hope you like it and can take advantage of it.
NZDCAD has reached its D1 Mitigation zone on the body, looks like it could push up to the mitigation on the 50% of the Institutional candle. I've already made my first entries on that first green line and I'm looking to enter my other entries on the black line above. Another thing that confirms my sell is the wyckoff schematic . Price has reached its UTAD area...
A simple look at more recent boom and bust periods of the S&P500 Thinking Out Loud Is the QE Bubble bursting before our eyes? Will we see an all time high before a huge collapse and more Stimulus/QE? Opinion Outlook seems bearish for the long-term. These market levels are not sustainable, and inorganic, we are in the last phase of the QE bubble...
The price of Ramaco Resources has been on a downtrend for several months now and it looks like that will continue for the near future. The MACD just crossed below the 9 EMA, the RSI 14 is still a good bit away from being oversold and after being rejected by the 200 SMA and crossing all SMAs back down again, all signals say sell. VF Investment cannot be held...
You can wait for 1 Hr and the entry for sell or short profit buy
My first idea. I’m by no means an expert at this... constantly learning and I’m absolutely loving it. So please feel free to give feedback if you see fit! If you decide to invest based on this idea, do so at your own risk! As you can see from my analysis, Facebook has been in a strong uptrend for a couple of months now, however I feel this is coming to an end....
EUR/USD Long position: after rebounding on the weekly gravitational-trend and a very strong support. It is clear that EUR/USD will start bouncing again at the top highs after a big accumulation that comes across a very sensitive strong support and a confluence rejection after retesting the gravity-trend of the triangle patterns.
Are we finally going to see USDJPY breaking out of giant triangle? if that is the case this is my forecast for rest of the year... i would consider buying this counter only if it breaks above 113 and holds it for a week.
NOKIA stock short and long term analysis including price target is $4.86 end Feb or early March. Furthermore, NOK has a potential to hit $6-7 range. Please leave your thoughts on the comment section. Thank y'all. NYSE:NOK
For long term traders : a break above or below blue line will confirm our direction. For short term traders : we finished 5 waves, the next wave after correction will indicate whether this is a genuine subwave 1 of wave 3 which started December 2018. Can wait to buy on 0.382 or 0.618 level.