TIME
USDZAR FORECASTYES. One of these two things can happen on the foretasted exotic pair USDZAR. knowing fully well that the USD controls to some degree the movement of this exotic. we are watching as price may move upwards for the new week or breaks the support level, we anticipate a retest and make our kill.
remember to always buy low and sell high.
the all mighty timethere is an important thing that you should be wary of if you want to enter long term trades and that is your trend. here we have trends, both waves and corrections, and their timeline so as you know before 1676 break you can't tell any other goal because the nature of gold is now in an up Trend from the year 1999. and one more thing that you should be careful about is that price support or resistance lines could be broken but what I think is the most powerful of all is the time you give the trend to go their way based on what period you trade on. but of course, be careful around those break out failures :)
selby_exchange - BTCUSD - Selby Geometric ExtrapolationSelby Geometric Extrapolation Structure
BTCUSD price/time calls:
$9571
2020-08-17
$11245
2020-09-01
$8474
2020-09-07
$9025
2020-09-12
$7797
2020-09-14
$16292
2020-12-03
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Time to accumulate OMG so you can say "omg" when it moonsIf the bull market prophecy comes true soon like every other post halvening rally, OMG should start a mission to the heavens later this year. Whichever direction the trend goes to around the pivot point is the macro trend untill the next pivot which could be a continuation or a reversal. I would bet the next pivot will be a massive rally upwards.
GOLD PredictionOver the past days the price of gold has been consolidating in a triangle pattern. As well as between 1738.22 resistance zone and 1673.70 support zone. We are like to seen a break of the upper resistance and the triangle pattern, and gold is like to restest the 1738 zone before making all time highs until $1800.00. Let's see how it plays out.
Thanks for viewing.
Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Market Dynamics Market Dynamics.
On the HTF I’ve been Bullish so still sticking to my bullish sentiments .
Entry at $9500 - still holding position .
My thoughts for today?
Btc on the 8hr timeframe showing controlled or less supply- and you know what happens when there is less supply ? - MORE DEMAND. ( this pushes prices up.
However on the 4hr chart there seem to be some supply to be mopped up . If supply is low on the 4hr close prices could rally up .
If supply is high price could see lower figures .
If demand exceeds supply price will break the 9700 resistance and rally up to the next resistance $10,060
Next 4hrs - 8hr close should give an idea of the final direction of the trend . 🤞🏽
- Indicators printing bullish signals
-HTF -MiD TF- bullish
Nb- just my thoughts not financial advise .
#speculations #risktoreward
<Education> A PRIMITIVE Reason To Your ID Losses...Hi traders,
let's look at a fact so simple you probably never took it into consideration! Most of the traders with at least some experience will acknowledge the key to profit is psychology rather than a magical pattern. Time plays a big role in our thought process. Let's combine time with basic math:
Each stock has it's own "tempo" which of course varies, but we can eyeball it. Let's say it moves 1 dollar every hour. Your SL is 50c and you are using 2:1 RRR. See the point? If it hits your SL, it will be much quicker than if you are right but have to endure the hour-long journey to your Profit Target.
This is one of the reasons after a few losses you get the feeling "The market is after me!! Every time I enter it kicks me right out!".
Thank you for your attention and I hope this little piece helps you rationalize some of your fears.
Tom | FINEIGHT
An Unfortunate Situation.They will call this the J. K. Rowling Top.
Fantastic asset, mostly used for speculation or overly-extravagant purchases.
Absolutely no grounding in reality from overly-hopeful new investors, despite their lovely gains thus far and overly-optimistic worldview, ironic since they think they're hedging the same.
The ONLY difference is that someone managed to reduce the physical amount of newly mint' by half, physically, instead of playing hide'n'seek with the supply. Or is that a real difference and just not cope?
The world is watching. Tip my hat to the developers though.
Paul Tudor Jones says buying bitcoin now is like buying bitcoin in the 90s, right?
Btc: “when moon?” Lol let’s see. The chart is basically cut into pieces looking the distance between one all time high date to another One, one complete cycle. Currently we are at about 913 days about 30 candles(months). Assuming this cycle will be similar to the previous, we need 1492 days to reach the next all time high. We need about 19 more months to reach the all time high.
Have a good one cheers. ))