Is the Bitcoin Price Going Down Again??in my previous update, i have predicted that BITCOIN price will drop significantly and it happened next 2 months.. but now it seem it will happen again probably next month or in December... i don't know what reason but solely based on technical analysis.
maybe you want to secure your bitcoin at high price, please do so.. (I'm not responsible for any losses) :)
i predicted the price will go down as low as 30K USD/ Bitcoin..
Sellsetup
EURUSDHey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed.
it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames comparing to small time frames.
also remember to risk 1% of your account size at each trade. 1% means 100 losing trades in a row will knock you out from the market which more unlikely.
but if you trade without money management and you risk 20% 25% we're not talking about forex we talk about gambling and we talk about 4-5 losing trades in a row will knock you out from the market.
Trade safe, Aim big, risk small.
Joe.
EURGBP: SELLBased off of two standard deviations drawn from the Daily time frame as well as the H4 time frame we are seeing bearish opportunities in EURGBP currently. We have drawn a Fibonacci off of the high to low of the Daily time frame and we can see that Bears had a major opportunity starting where price was at 0.86478 on September 29 and taking profit right around 0.84767 on October 7. Once the market opens up this upcoming week, we can see that if price comes up to the 6.18 possible reversal level of that larger Fib drawn, then we can expect another bearish opportunity to enter the market and take profit sooner this month rather than later.
CAPITEC- It must have been love, but it's over now...Personally I don't get why the stock made these extreme new highs but fortunately, we trade what we see and not what we think. SO "technically", the price has breached the 50 day moving average and is making a second attempt at breaking the new short term support at around R1734.00. A convincing breach and close below this level sets up much lower targets for the rocket that is well and truly coming back down to earth. If was holding CPI, I'd be climbing out. If you find short scrip, short it. The RSI is broken, the stochastics are floppy, momentum is down...SELL SELL SELL.
GOLD LOOKING BEARISHAfter last weeks breakout to the upside following the falling wedge formation. I posted the setup and it played out, however I went over Gold on a larger scale and we seem to still in a bearish trend coming into the week of NFP because on the weekly timeframe that bullish move we had on Friday seems to have been a retracement to the 38.2 level on the fibonacci and we have a head and shoulder formation at that level now on the 1H and 30m timeframe. I am bearish on Gold till further notice. Will update as time goes on, stay tuned!
Good Luck.
God Bless!
An Impulse of Intuition, An Ideal time to Sell your Oil 🛢️⛽🖼️Perhaps the seed of Charting Rbob Gasoline Earlier.
This Black Gold stuff is a slippery liquid.
Oil seems to be stealthy making lower lows &
perhaps about to make a lower high.
Have to be slick to market time the ole WMD.
*Short ideas are SELL ideas only, don't support outright short selling.*
Peek the detailed breakdown notes
in the high def chart links below :
TVC:USOIL
AMEX:USO
LSE:PBRT
NYMEX:CL1!
TVC:UKOIL
NYMEX:BB1!