Smoothly hold 1954, what's next??#GOLD... So guys market amazingly hold 1954 and bounced..
Congratulations to those whos follow the idea,
Now what's next??
Now need your focus 1963 for upside range area,
If it's range trading untill FOMC that is in tomorrow then range will be 1963 and 1954..
Trade wisely
Good luck
Tradingviewfamily
EURUSD LONG IDEAIf we observe monthly chart of EURUSD the price made a huge impulse towards downside so we can expect the price to make some correction here.
There is strong supply zone at 1.05100
So we can expect price to respect that zone and move higher atleast to fibo 0.382 which is at 1.14 .
Note :This is my personal opinion, do not take it as financial advise
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Bitcoin my scenarios were good !Hello Traders,
First, sorry about no having published new ideas recently but i'm actually busy with my exams.
Anyway, I hope you had a nice week-end !
Remember my last scenarios about Bitcoin ?
So, not so bad !
Just check my last analysis & you will remember :) !
This time, I'm not going to write you a book LOL about what BTC did or could do in a near future, I think so my charts analysis speak themselves.
But, I want to share a quick view with you !
Pay attention for a possible pullback on the green Uptrend soon & maybe if the sellers are more powerful than the buyers BTC could break the 8500 $ price level.
So you could eventually find an entry point between 8500 & 8000 & go short !
But to be honest with i when i look at my chart i believe that BTC could stay on a range between 8500 & 10 000 $ for a moment till big buyers or big sellers wake up !
Voilà voilà like we said in french.
I hope you like it !
Please don't forget to support me by a following & a like !
Thanks & see you !
AMERICAN AIRLINES IS GOING TO HELL !??Dear Traders,
For my first stocks analysis i would like to show you what could be a nice opportunity with AAL !
Really simple chart but we don't need more !
Back on the 02th June 2008, remember it was the period of the World financial crisis (2007-2008), AAL hit its first lowest point at 2.36 $.
1 year later, AAL hit its second lowest point at 2.29 $.
From these two lowest points till the 1st February 2018 with a top at 52.98 $ ALL had a nice Uptrend !
But since this top AAL has been crashing & it seems it is going to hell now...
What thinking about this !??
Is it the right moment to buy the stock or is it better to wait a little more & find a better opportunity ?
In my opinion, I see 3 different opportunities to buy the stock with a long-term vision.
And one bad scenario that i don't really want but which is possible too !
1st opportunity :
If AAL extend its Downtrend & hit the first white line which is our first target with a low point at 6.99 $.
You could buy at this price level !
2nd opportunity :
If AAL hit the second white line with a low point at 4.45 $, You could check to buy the stock around this price level !
3rd opportunity :
AAL maybe could crash deeper and reach its lowest area between 0 $ & 3 $.
If this happen it will be the best entry point ever to buy the stock !
Now the bad scenario :
Ok so, if buyers decide to buy the stock massively in the next days or weeks.
I'm fucked LOL !
But let's be (optimistic) because of the COVID CRISIS, and the situation nowadays all around the world for the Airlines company, I really don't believe that AAL could rally soon again.
Remember also that Warren Buffet likes AAL (it's an undervalued company) !
In short, AAL could bring you a nice opportunity to buy it in the next
months !
So, be patient & ready for a nice opportunity !
I hope you'll like it !
Please don't forget to support me by a following & a like !
Take care !
Thanks & see you !
Bitcoin Daily ViewHello Traders,
I hope you're fine !
Remember my Bitcoin analysis !?
Last week in the Fib View analysis i showed you what was possible for Bitcoin !
And if you remember well, i told you that the 10 000 $ price level could be a sellers area !
Indeed, Bitcoin didn't like this area very much !
What happened on the 10th May 2020 !?
I've heard from a Trader that apparently some whale exited at 5PM California, with 2M batches of sell orders during the middle of the night.
But, back on topic now !
Today, I have something different for you !
Without indicators, without Fib retracement or whatever.
Not because i don't like them, Just because sometimes it's so good to have a simple view, a clear view !
So, the first thing i want you check on my chart is the ellipse !
Why !?
Because inside the ellipse there are important things which will define the 3 next potential scenarios that i'm gonna explain !
Indeed, the candles in the ellipse are important !
The candle of the 10th May closed with a down wick.
The candle of yesterday closed with two wicks (up and down) & a small body.
It's not exactly a Doji because the open price is not the same as the close price (remember OHLC), But it's some kind of Doji !
The candle of today is actually bullish !
After the small crash on the 10th May We have a possible bullish candlesticks pattern but anyway we have to be careful !
Don't worry you'll understand what i mean after have reading my 3 next potential scenarios !
1st scenario :
Bitcoin could goes up again till the 10 000 $ price level.
If it breaks this area you could go Long and find an entry point at 10079.00 $ which was the highest point last week.
If BTC don't break this area you can prepare yourself for a second pullback & GO SHORT with an entry point just under the sellers area at 9650.00 $ !
2nd scenario :
Bitcoin could make a pullback on the Uptrend line & then goes up till the 10 000 $ price area too !
Here you may check for an entry point at 8550.00 & GO LONG till the 10 000 $ level.
At the 10 000 $ level maybe think about take your profit then wait & pay attention for a potential pullback too !
Remember BIG SELLERS love this area and BTC don't !
But if BTC don't make a pullback and break the area you could find an entry point just as i said in the 1st scenario & GO LONG !
If BTC make a pullback you could find an entry point just under the Sellers area and GO SHORT (same as the 1st scenario too) !
3rd scenario :
Bitcoin could also goes down till the Uptrend line and break it !
In this case you just have to find an entry point around the 8000 $ price level and GO SHORT !
In short, the 1st scenario & the 2nd scenario have important common points but they are a little different !
The 3rd scenario is more subjugated for a Bearish scenario.
Now, Before closing this analysis i would like to share something with you !
I don't have a crystal ball, not like many traders pretend to have on trading view or whatever place on the net !
When you see somebody is telling you that this asset is going to do this or this it's only bullshit believe me !
The past and the present showed me the true & the reality of the market so much time !
Nobody can't predict what the market is going to do and it's why i have some completely different views with different scenarios.
I always check what the price did on the past and what it is doing now in order to propose you the best views & scenarios
as possible as i can.
Because i really believe it's the best way to success in investing.
It was my message for you & i really hope it's gonna help you !
Be different from the others, Just be yourself !
Ok, So it's all for this chart analysis on the Bitcoin !
I really hope you'll like it !
Please don't forget to support me by a following & a like !
Thanks & see you !
Bitcoin TARGET 1 HIT !!!Hello Traders,
Remember my last analysis about BTC with Fib View & Heikin Ashi Chart ?
Guess What !?
The Fib level 1 which was our first target has been hit !
I'm so happy that this first goal is accomplished but it's just the beginning and the next Target which is the 1.27 Fib level could be more difficult for Bitcoin.
Why ?
Just because Bitcoin must first break the 10 000 $ price level which could be a good support in the next days if sellers wait for it with power !
Ok, it's all for tonight and i wish you a good night !
Take care Traders !
Please don't forget to support me by a following & a like !
Thanks & see you !
Bitcoin Fibonacci View & Heikin Ashi Chart !Hello Traders,
I hope you had a nice Week-end despite the quarantine.
Remember my first two analysis about Bitcoin ?
Ok, So today i propose you a different view with Fib retracement & Heikin Ashi chart !
1. I know you gonna say me why i put my Fib like this ?
99 % of traders who use
Fib retracement choose the highest point of the chart and extend it to the lowest point of the chart.
It's the classic way to use Fibonacci.
But there are other ways just let me show you one different.
Where dit it come from ?
To be honest, I simply listen the tips from a professional trader who has been investing more than 30 years.
You have to put your Fib retracement on the candle which break your "trend" line.
Just be carefull that your line has to be well placed on your chart.
The line must tell you the story of the asset and not make your analysis more difficult.
Then extend the fib till the lower candle of your chart but you have to choose the close of your candle.
Remember OHLC check it and enter the close of your lower candle in your Fib coordinates price bar 2.
Personal advice :
It's not necessary to hold the wick of your candle in your Fib if the candle has.
You can of course but it's not necessary.
Why ?
Because the wicks are just market noise.
The wicks are important for other stuff like candlestick pattern etc. etc. but not really for your Fib.
2. On the chart you'll see what i'm thinking about the possible scenario for Bitcoin with Fib retracement.
3. Don't forget the VWAP.
VWAP is your best friend !
Here we have 2 case :
a) Bitcoin price broke the VWAP and did a pullback on it for then continue its Downtrend.
b) In the actual trend, Bitcoin price broke the VWAP, still continue its Uptrend and did not pullback.
4. Because of the VWAP break in the actual trend we have a really nice bullish potential.
5. Please, if you want to enter Long in a trade, Pay attention for a possible retracement like you can see on my chart.
Ok, it's all for today !
I really hope you'll like it !
Please don't forget to support me with a following and a like !
Thanks & see you !
FOREX EUR/CHF back to 2015 soon !!!Hello Traders,
I hope you have a good week-end even if we're in a quarantine.
So, today i propose my view about the EUR/CHF.
Do you remember January 2015
and the crash of the EUR/CHF ?
Yes of course !
Guess what !?
We'll be back soon in 2015 !
EUR/CHF has been in a powerful Downtrend since October 2007.
But EUR/CHF has difficulties to break the 1.05000 price level.
Indeed, the battle is between the
area of 1.05000 & 1.10000.
Have a look at the past & you'll understand what happened at these levels and why this area is so important.
I won't speak about macro economic news or covid-19 crisis because to be honest with you actually the MARKET is irrational & doesn't care about these stuff.
And also because we don't need macro economic news or whatever things to see & understand what's happening on our chart !
Simple things are the best things for investing or trading !
So, Back on topic !
I really believe with what i'm watching on my chart now that before the end of this summer the EUR/CHF could reach the 1.0000 price level !
In fact, Price just stay on the VWAP (decade anchor period) so it means
that it's difficult to enter in a position now but don't forget that the main trend is bearish.
I'm waiting for a powerful break under the VWAP to confirm my chart analysis but i'm really optimistic about that no doubt !
Don't worry even if the market looks like nothing !
The best soups are made in old pots haha !
Ok, So it's all for this chart analysis.
I really hope you'll like it !
Please, don't forget to support me by a following & a like !
Thanks & see you !
Bitcoin 10 000 & 12 000 yes it's possible !!!Hello Traders,
Yesterday i did a chart analysis on the Bitcoin CME Futures.
Today i did an other one with a different view and not on the Futures contract.
1. First, Let's speak about the past !
In the beginning of April 2019 Bitcoin broke the VWAP (decade anchor period) and it was the first important bullish signal.
About the VWAP, it is used everyday by Professional & Institutional Traders & it is respected as one of the best indicator above all the others.
You have to make your research & you'll see & understand what i mean :).
Ok so now back on topic !
During the same period Bitcoin stayed also over the EMA (31 period) it was the second bullish confirmation & this EMA (31 period) is so good especially in a Daily Chart .
Then in the beginning of May 2019 Bitcoin broke the MA (365 period) which was the third bullish confirmation.
Ma (365 period) is really effective & advisable for Daily Chart too.
2. Bitcoin broke its uptrend around the 20th September 2019.
A small short was possible but few time later Bitcoin met a range area.
At the end of October Bitcoin had a bullish correction till the break point of our uptrend support.
Small range again just after the big candle wick on the 26th October 2019 and a bearish trend till 1st January 2020.
3. Bitcoin began a bullish channel in the beginning of January 2020, broke it around the 24th February 2020 and crashed till 5000 price level.
4. Since the 13th March 2020 Bitcoin has gone up.
On the 23th April 2020 it broke the VWAP.
And when a candle break the VWAP especially on a Daily Chart you can be sure that's mean a high probability of a bullish trend even if a pullback is possible.
It broke also the MA (365 period) but stay just over so pay attention for a possible pullback.
5. Actually, it try to break the 9000 price level but it seems to be difficult.
Indeed, the candle wick of yesterday is important and say that sellers are in the pace.
Further, The actual candle meet difficulties to go up and break this 9000 price level.
6. Despite this, Bitcoin could reach new top in the next few days with an optimistic bullish scenario or in the next few weeks with a pessimistic bullish scenario.
7. First top target could be on the 10 000 price level which is remember well the break of our bullish channel.
Bitcoin can also go till 10 500 which was the high price level of our bullish channel.
8. The 12 000 & 13 000 price level which are our second target area in my opinion is not for tomorrow.
I think so before this Bitcoin will make some corrections between 10 000 & 10 500 price level.
9. I think so we have to wait till the Halving in order to have more viewpoint about the bullish potential.
10. But i'm an optimistic guy and without the Halving only by watching my chart, checking the world economic news etc. etc. I believe that Bitcoin could reach our Area Target 2 during this summer !
Ok, so it's all for this chart analysis.
Long i know lol but i just hope you'll like it !
Please, don't forget to support me by a following and a like it's really important for me because it give me more motivation to continue like that.
Thanks and see you !
Bitcoin CME Futures Daily Chart AnalysisHello everybody,
First please give me your support by following & put a like thanks !
Here is my daily chart analysis for the Bitcoin Futures since the beginning of January 2020 till today.
Bitcoin was in a bullish channel and broke it around 10 000 price level.
Then on the 7 & 8 March 2020 Bitcoin did a Daily Gap about 1000 points & extended till 5000 price level.
This price level in the futur could be a good support in a bearish scenario.
But actually, my chart analysis shows a small bullish scenario.
Indeed, Bitcoin broke the triangle & the VWAP with a " Powerful " bullish Hollow Candle.
The goal is that Bitcoin reach to the
10 500 price level which was also by the past the end of our bullish channel by price break.
But we have to pay attention because the volume divergence line was broken by two important volume bars.
The " problem " is actually the second bar which is bigger than the first one.
It's why it's better if we wait till the next bar to see what's happening.
You can also watch that the actual Hollow Candle did a wick.
Not a big wick but enough important to say that sellers are in the place.
9000 price level could be a good resistance if sellers push more tomorrow & also because 9000 was the GAP level.
So, Bitcoin could reach next week the 10 500 price level but we have to pay attention for a possible pullback tomorrow on the VWAP.
It's all for this chart analysis & i really hope you'll like it !
Don't forget to support me by following & like !
Thanks & see you !
Corn Futures - Area Chart Analysis - Monthly ViewHello everybody,
Here is my chart analysis for Corn Futures.
Monthly timeframe & long-term vision.
Since its historical top at 806'4 Corn is on a downtrend.
Its bearish potential is really interesting.
Nevertheless, 300'0 price level could be the next support.
Indeed, Corn has been drifted in a range area between 320'0 & 440'0 since July 2014.
If the actual price breaks this level, Corn could reach the 200'0 price level which has been hit several times.
Between August 1998 & October 2005 but before also, I just don't have more space to show you that in this publication.
However, Pay attention for a possible pullback on the 300'0 price level !
I hope you'll like it !
Follow me for Futures Chart Analysis !
Thanks & see you !
FINAL ANSWER - BTCUSD (READ ALL SUPER IMPORTANT !!!)FINAL ANSWER - READ ALL SUPER IMPORTANT !!!
at the end of this week we will know if the BTCUSD will be controlled by the bulls or the bears, when the candle has complete it is possible to unveil the psychology of the market!
FINALLY we will know what will happen to BTCUSD since the triangle is finished but one thing is certain if you have positive results that I believe you have, only stops when you get to heaven xD
.
.
.
Why I believe it will have positive results using now fundamental news:
1) China will accept bitcoin after it has banned
2) 3 major economic powers are preparing to go ahead with the acceptance and use of bitcoin such as USA, JAPAN and KOREIA
3) According to experts the cryptography market will recover by the end of this year;
a) Historically, in the last nine years, Bitcoin (BTC) has undergone four major corrections, which led Bitcoin to fall more than 80% in value. The correction of the cryptography market experienced in 2018 resulted in a decrease of 69 % in the price of Bitcoin, with some other encrypted coins like Binance Coin (BNB) and EOS registering lower losses. "
4) According to Michael Novogratz, American billionaire and investor in cryptos, Bitcoin is different from all other criptomoedas, because it is the first digital store of value and is like digital gold. The head of Galaxy Digital also expects big companies to start accepting Bitcoin payments because the young people are very familiar with the digital transactions that happen to happen!
- Among other information
Take this analysis and description as a support for your decision and not as an investment council, I do this because I love what I do and if I can help I'm very happy
Leave your comments and likes :)
GOOD PROFITS! #tradingviewFamily