Hello dear energy sector friends and USOIL traders, hope you're doing well guys! ;) Oil is now in a double Equilibrium range, both on the Daily & on the Weekly. I'm gonna walk you through how to play the break in either direction. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my...
Hello dear precious metals friends, and now let's have a look at the Silver chart! ;) As we perfectly analysed the last time: Silver strongly rejected at the $20 *MAJOR* S&R zone. We have now a Shooting Star forming on the Weekly and have to await further price action, which is also gonna highly depend on big brother Gold. Have fun watching! ;) If you had some...
Hello dear precious metals friends, hope you're doing well guys! ;) Gold is now rejecting with a Weekly Shooting Star at the key resistance of $1,550 . We're gonna be looking towards the first major higher Lows since the break of $1,350, which is gonna be very healthy for a further upmove. On the Daily we had a perfect Wedge breakout, which could still...
Hello dear crypto friends, hope you're doing well guys! ;) You can either watch this analysis or read it, whatever is best for you. If we start off with looking at the Daily chart, most of my colleagues will be pointing to this Descending Triangle trendline: While this is perfectly fine, it is an inaccurate information, just when the doctor would look at...
Hello dear crypto friends, hope you're doing fantastic with the last summer days! (at least for the ones in the Northern Hemisphere). I have nothing against Clickbait headlines, since sometimes it is the only way to get the attention of the animalistic & reptilian human brain. But what astonishes me is that, after clicking on such posts, there will be usually...
Hello dear precious metals friends, hope you're doing well guys! ;) Silver is a candidate that is very emotional for me, since I had lost the majority of my funds back in 2012 with both XAG and XAU CFD trading. My whole effort with Edgy is since to basically inform retail traders to do not the same mistakes that I did back then. But nonetheless, it is a chart...
Hello dear Forex friends, hope you're doing well guys! ;) The Kiwi is at a critical stage similar to the Aussie: We have only a few important levels left, before the 2008 financial crisis lows are lurking in the background. The Kiwi falling down to 60 Cents psychological would at the same time mean that we get oversold on the Weekly, which would be a great...
Hello dear Turkish Lira traders, merhaba arkadaslar! ;) Let's have a look at our previous analysis from August 11th: => We perfectly bounced of from the support. I had already posted about the Weekly tightening range on August 3rd: Conclusion: This tightening will see a break coming in the coming months, and will dictate the bigger timeframe direction of...
Hello dear energy sector friends, hope you're doing well guys! ;) Just have a look at our last analysis when Trump had made the tariffs decisions with regards to China and compare to the current chart: => Our anticipation of an Equilibrium pattern (tightening range) perfectly played out , as USOIL bounced from the bottom of $50 psychological with a strong...
Hello dear precious metals friends, hope you're doing well guys! ;) First of all: Excuse me for not posting much, but I'm currently fully immersed in our mentorship with my mentees, and also developing Edgy as startup: Doesn't leave much time except for crypto analyses currently. Having said that: Gold could currently be forming a potential Head & Shoulders...
Hello dear crypto friends, let's have a look at a Multi-timeframe analysis with BTC currently. I'm also gonna show you how you can perfectly trade breakouts and make amazing profits doing so in EOS's example. I forgot to mention the Weekly chart , so there you go: => As you can see, my antipication of an EQ from two weeks ago was perfectly on point, and...
After I got faked out to the upside the other day with ETH, we now have seen a clear break bottom break with perfect follow through until now. Depending on what grandpa BTC does, we still have the target of $160, esp. since the direct correlation ETH/BTC is -like any other major Alt-getting destroyed. I've written both on my EOS and LTC analysis, how I played...
The break of the tightening Descending Triangle came crypto friends -as Edgy has been calling since Sunday -but we're still upholding the previous bottom region of the purple box at $9,4k. Since we're completely crushed on the Hourly RSI, it is currently normal for the bulls to show some reaction. But watch out: If the bulls can keep $9k, they could still...
I just mentioned my EOS short play -that I was showing you off in all the analyses since Sunday - in the LTC analysis already: But why did I play EOS/LTC/ETH on this short break specifically? I didn't know, if EOS or LTC was going to make the race to the bottom . Why did I mix in ETH additionally? Just because of the cleaner levels. Since all of them are...
If you had a $30k account size, you just made $3k in one hour , taking a high probability trade , as I had posted the setups since Sunday, constantly stressing how important this break is gonna be. LTC, just like EOS, broke around 10% until the lows. So instead of being the pig, who eats everything in front of him (aka constantly overtrading on the 15min or...
XRP is still upholding summer lows of 2018 at 25 cents, and -for the case BTC breaks the current Descending Triangle down - will see a shorting potential down to 20 cents psychological, already giving more than 20% profit. For the case we crash harder than the other Alts, we could even go towards 15 cents, giving 40% profit. To the bullish side we would have to...
Not much has changed since Sunday crypto friends, other than that we had a clear Fake-out , both on the 4H and Daily chart. I got personally faked out with ETH - even though that didn't fake out technically, I just played the correlation of BTC breaking higher: So I had to close my position. Fake-outs are very normal in Breakout Trading , and are not as bad as...