Hasanbiba

Hasanbiba

RD+ The price is on support area in side way channel. As you see in RSI indicator :RD+ Good time to buy first lot.

Hasanbiba

Price is in sideway ‘s channel. The only strategy for that is buy at bottom, sell at Top.

Hasanbiba

CUP and Handle ? It seems we have Cup and Handle pattern in Gold chart for weekly timeframe. I hope we will have motive wave, after 12 years resistance in Gold chart.

Hasanbiba

Market expect price touch middle line in coming months .

Hasanbiba

Long time channel in weekly chart from 2013 till this week. will price touch Madeline ? will price break support ? All depends to coming week ( interest rate ) Federal Bank.

Hasanbiba

We got 6 years Xauusd chart in bullish channel. Touching Middle line price is turning point for Gold.

Hasanbiba

As you see , price step out of bullish channel. in case price continue to bearish trend. I mentioned rectangle and strong support in coming weeks. strong area : $ 1400-$ 1850

Hasanbiba

last week's candle was not good sign for BTC. Waiting for this week candle. If candle be like current one, we go to rectangle area again.

Hasanbiba

May 13 , I wrote here BTC chart will go to correction phase and will form ABC. fortunately I rectangle support area and happily price react to that support. for coming months BTC chart will be in range mode and waiting for federal's bank interest rate.

Hasanbiba

C wave touched support area. waiting for coming weeks to see market react.

Hasanbiba

Good Day. Still we are in bearish trend line with 5 Elliot's wave. strong support is clear. Volume also shows bearish trend line.

Hasanbiba

As i wrote before for BTC ( weekly chart) we finished Elliot wave and started correction phase with A( 5 waves ) B ( 3 waves ) and probably C ( 5 waves ) which is ZigZag correction.

Hasanbiba

Elliot waves with 5 clear wave finished. Correction phase started. corrections could be zigzag, flat or Elliot triangle.

Hasanbiba

As you see in monthly chart for XAUUSD, we have 12 years resistance. I know how’s your feeling about breaking such a static trend line. Well , why we expect this static trend line will break: Fundamental( Covid-19 and new version- new policy from central Bank of USA- more and more demand in China and India- low risk investment- bearish market for crypto and...

Hasanbiba

As I wrote before for BTC in weekly chart. The chart finished B wave with 50K. We go for C wave. Corrective wave. What kind of corrective pattern will forms??? ABC ZIGZAG ? FLAT ? Or going for combo wave? Let’s wait and see. I hope you guys already sell in 50 K. Good luck .

Hasanbiba

After breaking down trend with very strong candle, prices goes to next target which is &1910.

Hasanbiba

A channel in the market is two parallel lines of support and resistance. The channel almost always slopes up or down. There must be at least two peaks forming a resistance line and there must be at least two troughs forming a support line. If price break support line. Don’t hesitate to sell. Daily chart.

Hasanbiba

After breaking , down trend during past week. We go for next resistances: First: $1910 (Fibonacci ) Second:$ 1950 (previous pivots) Reasons: -crypto market crushed -parallel’s market are end of the bullish phase -Central Bank of America publishing big size of Dollar -Big demand in India and China I am not optimistic. But above items can effect on Gold price...