Bleck

Bleck

Details on chart!

Bleck

Analysis is on the chart but due to Brexit incertitudes i will wait a bit before trading this pair but be willing to either buy or sell as indicated on the chart ! All the best

Bleck

No trade at the moment but if you look at the chart, you can see that price has a history to bounce or pull-back at or around trend channel with the upper line having been acting either as support or resistance in the past and the same for the lower line of the channel. My plan is to sell at future resistance( upper side of channel) or to buy at support ( lower...

Bleck Updated 

After hitting a potential reversal zone, price reversed sharply and broke the up-trend line and should be heading lower!

Bleck

If we can close above 1.15 this week, I will be looking for price to go up into the 1.20-1.22 range over the next 6 months ( 500-700 pips away)!

Bleck

Details on the chart ! Hit long term support ! Looking to be long and enter any pull back ( Direction is up) Check on lower time frame to enter as per your own rules !

Bleck

As we broke the uptrend line and broke below the previous 2 higher lows, the immediate trend should be bearish for the dollar. As such, any short term counter trends should be sold ! Good luck

Bleck

The market broke below the low of February and there is no support till the 2200-2100 ! Market should speed up the move down till the end of the year and early January!! Another 10% or so to come soon!! Only Food for thoughts!! Good luck

Bleck

In my earlier comments (back in February) i was looking for Bitcoin to go down to the 5000 level ! Now that we are here what's next???? In my opinion, the support area is quiet large between 3000 - 5000 levels ! There is a sense of a bit of panic and some kind of capitulation at the moment. Maybe best just to wait a bit longer to see if we can have a bit of...

Bleck

End of December last year, I posted that i was looking for a possible large weekly triangle. This seems to be at play at the moment. Gold is oversold at the moment and could end up the "d" leg of the triangle. Bearing in mind that we most probably will have another rate hike in September, the market might choose to bottom around that time and then start to push...

Bleck

Back in February I mentioned that I was looking for a move down to the 5050- 5000 level ! It is taking time but looking to go that way. I just put on the chart an area where Bitcoin should find, at least a temporary bottom. That area should offer a nice buying opportunity for at least a short while. Still too early, in my opinion, to buy Bitcoin! Good luck

Bleck

This is just an update of my late December post. Oil has retraced more than 50% of wave 3 circle and is bumping up against the upper corrective up trending channel. There is also a bearish divergence on the RSI. Oil could still move a bit higher to the 61.8% level but should soon (next few weeks or months) start the wave 5 down to much lower level. Look for daily...

Bleck

BTC should be on its way to next lower level around 5000 - 5050 !!!!

Bleck Updated 

Bearish Bat at market!

Bleck Updated 

Bearish reversal pattern in place along with a break bearish of trend line. Price should be on its way to below 1100 !

Bleck

AT THE MOMENT I AM LOOKING AT A POSSIBLE LARGE TRIANGLE PATERN ON THE WEEKLY CHART WHICH MEANS IF CORRECT, GOLD SHOULD BE TRADING SIDEWAY FOR MOST OF 2018 AND THEN FOLLOWED BY A SHARP DROP DOWN THE TO THE 700 LEVEL !

Bleck

ON THIS WEEKLY CHART AND AS PER MY CURRENT COUNT, OIL SHOULD BE CLOSE TO REACH A LEVEL OF STRONG RESISTANCE. WE ARE BACK AT A PREVIOUS STRONG RESISTANCE/SUPPORT LEVEL. IT IS ALSO BACK TO THE 4TH WAVE AT A SMALLER DEGREE OF TREND. IT HAS ALSO RETRACED A BIT MORE THAN 0.382 OF WAVE 3 CIRCLE. THE RSI IS ALSO IN OVERBOUGHT TERRITORY.I WOULD EXPECT OIL TO START...

Bleck

The GBP/USD pair came 5 ticks to close the gap left after the Brexit ! Price has traced out a triple zigzag since October last year as per my count. This should mark the end of wave 4 circled. It is also an area of previous 4th wave at a smaller degree of trend. IF my count is correct THEN GBP/USD should start very soon a long journey back to below 1.19 over the...