Gold is at a solid resistance level at the moment, And we could see a slight pullback into our support and resistance zone ( green box ) before price then smashes through our key resistance level again, After 4 days of bullish movement the buyers need a little rest before they get going again. Long term we can only see gold moving upwards as we have explained in...
You can see a resistance zone ( green box ) and a lovely trend line ( TL ) that price has been following and respecting as support for over a month, price recently broke through this TL and is now coming back up to test it as resistance. Where price will meet the TL is also in our resistance zone so this is a STRONG SELL, line this up with the weakening USD at...
You can see a resistance zone ( green box ) and a lovely trend line ( TL ) that price has been following and respecting as support for over a month, price recently broke through this TL and is now coming back up to test it as resistance. Where price will meet the TL is also in our resistance zone so this is a STRONG SELL, line this up with the weakening USD at...
We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone , but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see...
We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone, but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see plenty...
You can see price is at a strong support level, And price is also been squeezed in our wedge formation, We are expecting price to EXPLODE to the upside...... its like a ticking time bomb.... TICK... TICK..... BOOOOOOOOOOMMMMMMMMM
If you can find a good support and resistance level or zone it will keep your bank account fed well for years. As you can see the 1st purple arrow marks where price 1st tested this zone as resistance in 1995 when Coolio was at number 1 with "Gangstas Paradise" ( sorry if I've just made you feel old ) :p Then the price passed through this zone for the next few...
We can see a really strong resistance level that's been respected on the 3 charts, 4H, 1D, 1W but price has also been respecting a lovely trend line ( TL ) in an uptrend, Now most retail traders would probably go short because of this resistance but if you look closer all things point to a buy and if we do manage to break such strong resistance we could see a...
PURPLE ARROWS - RESISTANCE SUPPORT/RESISTANCE 1.81008 1.81008 Is a key level we have used a number of times before if you look back at old charts, you can see where price has been used from our arrows. Price has recently bounced off this level, now we might get a retest of this level but the general movement is to the downside. You can also see on the 1D and 1W...
Purple arrows = resistance Orange arrows = support support/resistance level 1.28889 4H CHART - We can see resistance has been used and respected many times and price is currently at resistance level, So most traders would SELL rite? 1D CHART - Price is also at resistance level after respecting it on numerous times, so another SELL rite? 1W CHART - Price is...
Price is currently sat at a very strong resistance level, but we can see it breaking this level and pushing higher, our reasoning for this is the U.S economy is in a bit of a state £22 TRILLION in debt and unemployment on the rise... a recession is just around the corner. Normally when the Economy is in a mess people run out and buy gold as it is somewhat of a...
I think the support level that price is currently sitting at is too strong to be broke, price is also at a trend line it has been using as resistance for a while, with these 2 factors I can see price breaking the trend line and moving up to our TP zone ( green box ) this is providing we can break recent daily highs. We ae long on XRP but we will be keeping a...
1.32450 Has been used as strong support ( orange arrows ) and resistance ( purple arrows ) now we can see price is currently sitting bang on this level, do we think it will bounce or break? BREAK!!! Because although this is strong support the last candle formed was a big bearish candle, and if we look on the monthly chart with the same level placed on it 1.32450...
S&P 500 index, This is the stock market index and is made up of the 500 largest US publicly traded companies, now if you take the time to look at these companies individual stock charts like i have ( yes i have no life ) you will notice that recently some of them are in a downtrend, had a big fall or some are at or nearing all time highs so we could see some...
We could see price reach our target resistance zone ( red box ) then we are expecting price to keep falling and could find some key support at around the 3417.1 area. We think that after price hits our support area we are going to start seeing BTC price pick up and could even see price hit 10,000 this year, but that's a just our prediction for the long...
Support orange arrows. Resistance purple arrows. Who says you cant see trade setups just using zones and levels? It looks pretty simple to me, You can see how strongly this zone is respected from where price has entered our zone and then bounced ( marked by arrows ) Now it seems pretty clear to us where price is heading and we haven't got any indicators on our...
Here we have 2 charts of the same pairing and timeframe 1 is zoomed out so you can see how strong the support level is, and 1 is zoomed all the way in so you can see how the candles are acting around this level. We don't really need to talk about the 1st chart because it is clear as day, The 2nd chart you can see that price has really struggled to break and close...
Orange arrows = strong support Price is coming up to test a very strong support level, now we could se price test this as new resistance or we might see price break this level then retest this level as support again then push price higher into our zone ( green box ) where we expect some resistance, so this is where our TP will go. This trade is good for 30 pips...