XAUUSD At Major ResistanceInverted hammer candle and a possible bearish engulfing candle, are signs of rejection at a very major resistance level.
It is natural and necessary for the market to make a corrective pullback in search of demand and liquidity.
Intraday short positions could be taken during next week's opening.
Be careful of the key support area near 1280.00s
- price could bounce off of that range to retest the current resistance (double or triple top pattern)
If price breaks 1280.00s, the market could fall lower
Best of luck!
Felipe
Shortsignal
Short term FUN trading idea for nice profitHello, guys as descirbed we might reach 1 st target soon and 2nd possible too in next also depending on how btc price will go
Bearish Flag on Gold!? 3 POSSIBLEOUTCOMES:
Illustrated in white, orange and pink
If you check back my analysis, i've projected GOLD to drop toward the 1130s since it broke a weekly trendline a few months ago.
In a longer term, gold has been falling quite fast.
It wasn't up until a couple of weeks ago, when the USD took a hit because of tariff sanctions and a few other fundamentals, that gold made a try to pick up strength again.
It failed to retest yearly lows near 1160s, and broke the strong resistance and psychological resistance level of 1210s, climbing to a lower high near 1245.
What we are looking at currently, is a retest of such resistance level near 1210 (where price is at 1209s).
Important to point out:
Bullish channel making a try to change the market's trend back toward 1300s.
Key points:
Price is just on the edge of the support-trendline of such channel which is also an important support (1210s).
BIG QUESTIONS:
1. Will the support hold?
2. Is this a bearish flag?
3. Is this a type of ABC Correction of a long term trend?
Interesting SHORTS graph structure. NEW ATH COMING?!Previous highs become support for the SHORTS.. 3 times from now..
Will the ETF decision create a new all time high? It's more likely that the ETF will not be approved and this could mean we will see a new all time high on the shorts graph.
When we get a approval we will see a huge jump in the BTC price and the shorts will probably squeeze towards the bottom of the sea.
Time will tell guys!
$SNAP To Single Digits$SNAP Just broke below $12.00 support which is now the resistance. DAU decreased last quarter and rev. growth will also slow down. Given its growth prospects, I do not think this co. deserve a 15x p/s. At $11.64 it looks like a good price to open a short. Insiders are also dumping.
Signal Stream - NZDUSD Short SignalJust now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately.
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
NZDUSD has been strongly ranging sideways for the last month.
A short signal appeared in the upper portion of this range, but not quite the top. Given the strong range we've been in, it was very probably that price would move against us to continue exploring that resistance level.
Ultimately price rejected that level and dropped back down, now stalling near the bottom of the range around 0.67250.
In addition to the strong horizontal S/R level we're at, price is also sitting on an long term ascending trend line, established by lows in 2009 and 2015. Screenshot below.
Support has has been holding, but I am definitely neutral. I am looking for strength signals, however it's possible for price to break strongly to the down side. As always, I'll be waiting for Signal Stream signals.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
Celebratory sale for signal stream happening now!
Get lifetime access to this subscription indicator for a one time payment of $67 USD .
This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price.
PM me for details or learn how to purchase Signal Stream here!
Signal Stream - LTCUSD Short SignalJust now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately.
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
This was a pretty straight forward signal on LTCUSD. Nice short signal appeared close to the top of an S/R zone around 85.00.
Price hit the initial close range target and like ETHUSD continued to drop, stalling around the 72.00 level. Also like ETHUSD, LTCUSD is at a significant S/R level going back to the June and July, which was initially established way further back in November and December of last year.
Support has has been holding, and while I personally am waiting for a clear long signal on this currency, I will definitely be taking the recent downtrend and Signal Stream signals into account.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
Celebratory sale for signal stream happening now!
Get lifetime access to this subscription indicator for a one time payment of $67 USD .
This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price.
PM me for details or learn how to purchase Signal Stream here!
Signal Stream - ETHUSD Short SignalsJust now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately.
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
We were able to catch a couple signals during the most recent downtrend on ETHUSD.
Price dropped and is currently stalled around the 400 level, which is a pretty significant level going back to the end of June, then April, and then even further back to December.
Support has has been holding, and while I personally am waiting for a clear long signal on this currency, I will definitely be taking the recent downtrend and Signal Stream signals into account.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
Celebratory sale for signal stream happening now!
Get lifetime access to this subscription indicator for a one time payment of $67 USD .
This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price.
PM me for details or learn how to purchase Signal Stream here!
BOSKALIS still bearish BOKA is showing a significant break through the 23 level, aiming for the 21-20 area at least.
If this clearly breaks the level, we can expect a further move down.
What might potentially happen:
- Price goes down and finds support around 21-20 area
- Price continues going down ; first targets are around 18