AcolyteTheTrader

AcolyteTheTrader Jun 12

We should be in for new heights after price comes down its previous support (because we are in a retracement) then it will travel back to the top. Buyers will be happy to note this. #BuyTheBull

AcolyteTheTrader Jun 12

Well, this could be tricky, as i would like to see silver consolidate for a short time, then break through that top trend line. Or, it could come down for a second touch of support, then bounce off it and bull its way to the top. Me personally, i think it might do a bullish move, buts lets wait and see. #BuyTheBull

AcolyteTheTrader May 30

Watch for the breakout zone, it will show where its going to go, although, looks bearish, when you look at the mini trend, however, price is trying to remain bullish, we have to wait for buyers to step in. Looks keep watching to see...

AcolyteTheTrader May 30

Respected main support, means we seeing the start of a new up trend and recovery. Setting up for a bullish movement to destination 2? could be...false breakout means theres a testing of the trend line, with a possibility of it breakibg out soon. Wait for the bounce off the main support again to see if we in for a bullish move. Lets wait see. #ToTheMoonTogether

AcolyteTheTrader May 27

With Canada releasing good news the market is responding well, we need at least 3 candles above this trend line to confirm a rise of a new high and a breaking out of the range its been in. MA is a good distance away from price, so we looking good for a buy. Trade safe guys. See you soon. #ToTheMoonTogether

AcolyteTheTrader May 26

GBPUSD is busy in a retracement and could use the trend line (for 'most likely') as a support and bounce back up to destination, or use the main support to do so. Price momentum is slowing down as we reach midday UK session and as we start to prepare for the US one, this will decide which way it will go. Another possibility is price reversing between the two,...

AcolyteTheTrader May 26

Gold has entered into a period of consolidation, and when it comes to the "end" (breakthrough zone) a breakout will happen, as trend lines are both being followed and respected. When price moves above the trend line, we can buy...we just have wait...

AcolyteTheTrader May 26

We have to wait till the period of consolidation ends as its respecting and following both trend lines, when price nears breakthrough zone, we have to wait till it breaks above the trend line to confirm the buy.

AcolyteTheTrader May 23

Still holdind within the uptrend channel, but now trapped between support and resistance. You have to wait for the trend line break for a buy, because theres some consolidation that it needs to break out of. Despite it breaking out of the uptrend channel, correction is busy being made. #ToTheMoon

AcolyteTheTrader May 23

Gold is look good to go for a bullish movement. Fib puts it in the bullish pull to destination 1 with destination 2 to follow. Now, for entry - wait for the break of the trend line, at least 3 good healthy candles above it, this will help for a good entry and a tighter stop. Hopefully this will start today, but will a major bullish trend from Monday onwards. #ToTheMoon

AcolyteTheTrader May 21

Still looking good for a bull, with the strongest confimation being the fib, its still in the reversal to bull movement. Have to wait for market to correct itself, while it plays around the 61% fib zone.

AcolyteTheTrader May 21

Bull flag, wait for trend line break out for a buy to destination. Constent confirmation from bounce off from support, as well as respected long trend line.

AcolyteTheTrader May 21

Market seems bit funny, due its consistent respect of the channel, then a sudden break in that structure happened. If this is a false break out, it can go back to a buy. If not, its a sell till the bounce back into a buy off support. Monitor it for confirmations for either.

AcolyteTheTrader May 20

Trend line breakout as previously stated, heading into bullish movement. Trade accordingly. Buy now.

AcolyteTheTrader May 20

Many strong confirmations aiding for a strong bullish movement, from the past 16 months, till now. Supported trend line, with false breakout for a sell, bounce off resistance for a buy to destination.

AcolyteTheTrader May 19

Strong bullish movement being supported by many confirmations, from a good channel, to a few broken resistance's, and new highs drawing buyers in to pump it up.

AcolyteTheTrader May 19

Consistent following from the long trend line going all the way to the top. Consistent price range that messures the same from 3 areas of support, going from to the other, with the 3rd price range taking it into resistance, we should retest and go into the destination which is for the 3rd touch from Dec 2024. All setting up for new BTCUSD highs.

AcolyteTheTrader May 19

Multiple confirmations of an up trend, within fib up trend zone, respecting long trend lines, bouncing off long trend line to prevent reversal and a retest to secure the bullish movement to destination.