ImminentDanger

ImminentDanger

Naturally there a more than a few ways this could play out here. If this 4hr candle closes above the small horizontal resistance we could keep pushing up in the diagonal channel we’ve seemed to have formed and punch up to 2360-2385. Could end up creating a megaphone and popping back up to retest 2450. I’m short here, not playing the long. I can’t seem to force...

ImminentDanger

Betting on a short fall here, RR is 1:1 Entry 2421.4 SL 2426.4 TP 2416.4 Diagonal resistance is holding the price down, looking for a fall here to find support a little lower. Will likely play the bounce at the next targets. Good luck

ImminentDanger

Hello again! Here we have a good example of price action. If this hourly candle makes a move in the next 10-15m we might see a rip up too 2400. It’s already wicked down a bit and could potentially signal buyer support if it looks like a strong hammer candle. If you look at the 4HR we see a nice hammer candle that respects this diagonal which is why I bought...

ImminentDanger

Hope everyone is doing well these past few days. With CPI and charts indicating a rise in price.. it should come as no surprise that the price is respecting the diagonal support here and looking to break out. On the 4Hr and Daily you can easily draw this support and see how clean it looks. Should see a break shortly and the price rise to the top of the...

ImminentDanger

Took profits from 2368.8 to 2360 and flipped long when I noticed a flag forming on the 15. I think I’m going to respect the bulls here until I see a better reason to sell. Tight SL 2356.1, might move it lower still.. but I can see a pop happening over night to hit some stop losses. Always happy to take some profits. GL to you

ImminentDanger

Still holding, waiting for the price to break down and contest the diagonal support. Adjusted my TP slightly to secure profits and possibly play a bounce here… Patiently waiting to see how it reacts around the 2315 - 2330. If I see a nice candle signalling buyer support around there I’ll jump in long for a few pips. Possibly looking to hit 2380+ for a double...

ImminentDanger

Hope everyone is enjoying their weekend. I’d like to share my thought regarding golds short and mid term movements. Charting on the Daily. My current position: Sold at 2368.8 SL - 2385.6 TP - 2317.5 Concerns: 1. I’m worried the support (white line) may provide a bounce to form a double top. 2. The top of the channel (blue bars) may prove to be bouncy so...

ImminentDanger

I understand some technicals are bullish right meow, although I don’t trust buyer supper after a rip like this… and here’s why. After breaking the uptrend, all attempts to breakout and back into bullish territory we’re rejected. And market makers pushed the closing price neatly back under key levels before each candle closed. I chose to sell 500 barrels after...

ImminentDanger

Interesting set up here, could go either way. Zoomed into the 1HR to see what intersections were holding it back. It seems as though the Hourly offered better insight to what and why. Waiting to see how this candle turns out. Not advice. Cheers, GLHFBS

ImminentDanger

Look like the sellers took over the candle, we are in a downtrend after all. Short fall here, could see a long wick. Unsure where to TP yet because it could be a nice melt if the candle closes under the 4Hr uptrend. Not advice, Cheers, GLHFBS

ImminentDanger

Oil looks good, Role out of a long term resistance holding it back since Nov 22. First time it’s closed over on 4Hr and Daily. Not sure what is in store when this opens… waiting for a signal.

ImminentDanger

If we see a shooting star above the 4hr downtrend here we could enter and ride this up. Waiting to see where the candle closes. Shouldn’t enter on a bet, wait for a close and buyer support. Cheers, GLHFBS

ImminentDanger

To all those still holding in a down trend. Waiting for a larger scale confirmation before playing to 27000. Cheers, GLHF BeSafe

ImminentDanger

Seems as though we’ve broken through a few resistances. The buyers show up to support on the 4hr uptrend. TP ~26100 SL ~25700

ImminentDanger

What’s up guys, BTC is in IMMINENT DANGER! So I’m long here for a few bucks. TP early and set a tight SL 175 back.

ImminentDanger

Still long here with another hammer candle to show support in the uptrend. Don’t go short until you see it break the diagonal and new horizontal support ! Cheers, - “Not advice… it’s just how things work.”

ImminentDanger

Will the buyers step up here and take over after touching the 25K ? Could go either way with this set up, might see a quick punch to 29k if the bears are sleeping, resistance into 30-31k. Excited here folks.

ImminentDanger

This is a big one, don’t miss out !! Waiting for the support of big buyers in the am, next week should be a big green candle.