I expect the price to bounce back to minimum 875 level .. We'll see if price breaks through, if so we might be seeing new higher highs.
TESLA looks super bullish long-term. I was surprised when premature earnings yesterday (29/04) caused 3% loss in value, however with today's daily candle it looks like TSLA is back on track. I'd wait for a break of the descending trend line for entry. Long-term outlook - 1100. Share your thoughts!
I feel like I'm posting the same analysis all over again. The market has been soooo slow this week, although still in line with previous post. I just want to reassure that bias is still bearish in favour of dollar strength. EUR/USD had a major collapse and still going -> refer to my monthly analysis posted a couple weeks back. XAU/USD has been holding on for its...
Who else believes in bitcoin cash? 12% growth today, let's go! :) Long-term outlook @1500
Bitcoin - end of bearish market? Crypto just feels like gambling as this point, should just stick to gold, but here we are. Share your thoughts!:)
The analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
So I overlaid bitcoin over gold chart and you can see clear negative correlations, as bitcoin moves up gold moves down and vice versa. Is bitcoin the new store for money? Share your thoughts!
Yesterday I posted a short idea for XAU/USD, however because its been in a ranging environment last week, its difficult to really determine what the price will do next. So I thought I'd share an alternative bullish scenario. From a price action point of view, break of the recent high, double bottom and break through structure point to a bullish momentum as...
Still doing my exams so not trading at the moment, but I sure have been observing the charts! Few days ago I was certain that xau/usd was bullish, but the indecisiveness at the current level, collapse of eurusd and fundamental factors make me think it's a sell. What do ya'll think? TP @1680
Damnn guys! Are we going for over 90% success rate on this channel? :)) Intraday long on XAU/USD was off by a couple of pips, but if anybody followed the signal then nice profits should have been secured with trailing stop loss (1757>1755). Now we're back to the original short swing signal posted last week. Aiming for a TP somewhere in the 1600-1570 zone. Now, I...
Strong rejection of the downside last friday points to potential intraday buy set-up. My TP is currently at 1757. I do expect price collapse later on in the week, consistent with previous analysis. Share your thoughts!:)
Been having an amazing run on gold this month and made sure to document everything on here. Big sell until support @1570. 4th time lucky? :)
My first analysis of something other than gold! Monthly chart of EUR/USD shows a big downward momentum with next stop at 1.16100. Feel free to share any thoughts!
Once again, glad to say the previous analysis played out according to expectations! XAU/USD is still very much in a bearish market structure, with next major stop at 1570 for swing traders. For intraday/scalp traders there is a potential for an upward movement with take profit at 1740. However, it may be a good idea to keep an eye out on the 1723 level. What are...
Happy to say the previous idea played out according to expectations :). Now we can see the weekly chart of XAU/USD showing continuation to the down side until 1680 (next support which converges with a trendline). Depending on whether the dollar continues showing strength across the markets, 1570 would be the next target, alternatively we may see a bounce of 1680...
Potential downside analysis for XAUUSD. Alternatively it might bounce of 1770 and break through the descending channel structure. What does everyone think?