- Spotted a potential short opportunity on GDX as SELLING pressure had gradually increase - No sign of demand for the time being
- Gold is still bullish after bouncing of the mid term trendline - Support is strong around 1498 area EP1: Market buy
With lots of negative sentiment surrounding the market and some weakness in the dollar, safe haven assets are back. - USD/JPY had broke the trendline - My indicator is signalling a possible reversal signal Entry and Target according to the chart.
S&P was very bullish on the daily and weekly. Seems like we might be able to break previous high. My indicator signals that if the week we close above 2924, the momentum will continue.
- Bitcoin dropped but Ethereum price had a very good support, buyers are coming in. EP1: 216 EP2: 211 SL: if price breaks the trendline ~206
- Ethereum's movement had been strong lately compared to Bitcoin; this momentum shall push it towards the 209-210 zone. - Either enter during a pullback or wait for the breakout to occur. - Set SL below the support around 188-187
Gold is is barely hovering above the mid term trend line - SHORT if it break 1486.35 Entry Price: 1486.35 Target Price: 1445.82
US Oil is breaking out of the trend line with a gap up. EP: 12.00 TP1: 12.63
- Forming and Inverse H&S - My Indicator signalling a change of trend in short term - Buy at breakout of the neckline EP: 2.55 and above TP: 2.68 - 2.70 SL: Price break below the trendline
There are two diffrent entry point depending on the type of trader you are. Aggressive Entry Point: Below 2855 (Breakout of the triangle) Patience Entry Point: 2896 SL: if price break above 2640 TP: 2750 * Please wait for confirmation of the breakdown of the trend in order to trade the triangle pattern.
My indicator signaling a short opportunity. A triangle breakout occured. EP1: Market Order / 59.49 EP2: 58.60 SL: 61.43
EP1: 28.80 EP2: 29.90 SL: 27.5 Scale your position based on Entry price, Stop Loss would be at breaking the trend line.
Seems like a good opportunity to buy the break out. Wait for the price to close above and stay above the support. EP: 2940 (if price breaks 2935) TP: 3010-3015
- Wyckoff Phase D - Sign of strength with a tested Support at 8080 EP: 8080 - 8150 TP1: 8600 CL: Below 8000
- Wide spread Bear candles with high volume - Break of trend-line and unable to break the short-term high of 8800 USD - Demand dries up and we are testing the support of 6800 - 7000 EP: 8000 - 7800 TP1: 6900 - 7000 SL: 8300 *This is a short to mid-term trade. On a longer term, market is still bull for now.
- Dialog is undergoing reaccumulation - Sign of strength is where Oil had been in very bearish trend but Dialog have not been dropping much - Currently testing the resistance turned support - Good entry with low risk EP: 3.10 - 3. 3 CL: Below 2.8 TP1: 3.58
- Forming a bull flag patter (Buy if breakout @ EP2) - Buy a small position at EP1 if you FOMO