Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Congratulations to my followers banked 710+ Pips with the OIL Pump. In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for, Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price...
Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, GU showing us few confirmations. Resistance held perfectly while price made triple tops. And after the trend breakout we can see a retest back on the trend line which can support for more downside. The strucutre is very similar to the previous trade setup we had on Gold...
Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, I witness a bear leg formation which may support for more bears involvement towards the target highlighted. We need to wait for the perfect breakout to step in our new sets of shorts. Congratulations for those who followed up with me, 480 Pips already banked with TP2. Proof analysis...
Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for, Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very...
Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, I have witnessed a "W" formation on 4h timeframe on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading. Also...
Congratulations for those who followed up with me, 480 Pips already banked with TP2. Proof analysis tagged on the bottom. For more details on this trade message me through tradingview messaging I am expecting a retracement here and more dump coming. Patience Pays more! Previous Analysis: I see a breakout on the following trend line it has formed. And looking for...
GJ Showing a perfect Rising Wedge formation on 1hour structure. Still the bearish confirmation isn't confirmed as we have no clue of possible breakout confirmation. We need a confirmation of a perfect breakout for the following rising wedge structure from its support trend line . The expected target is highlighted as 129.368 level as of holding with 50% fib...
Gold prices are ranging in 1hour while I have an eye with Bollinger bands in positions. The best indicator to measure the volatility. If we can see an hourly close on the upper band we can expect a retest back on recent highs above 1640. And alos a breakdown from the range would go below 1595. DXY has showing some green data with Monda as of showing an bounce...
GJ Showing a perfect Rising Wedge formation on 1hour structure. Still the bearish confirmation isn't confirmed as we have no clue of possible breakout confirmation. We need a confirmation of a perfect breakout for the following rising wedge structure from its support trend line. The expected target is highlighted as 129.368 level as of holding with 50% fib...
I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
Watch closely for the green highlighted zone for a perfect breakout, I see structure similar to a bear leg on the 4h time frame being respected to the resistance it formed at 7.8k price level. I have picked up an accurate trend line and waiting for a breakout to enter for short position expecting a target up to the previous lower low printed.
DXY is on a huge crash over last week after two consecutive weekly growing. And still DXY is highly bearish biased so I expect the price would go below 95.14. Price has declined by 4.52% for the last week. The price is moving inside the two parallel lines as I have marked up on the chart.
Running down 258+ Pips after the breakout, Analysis: I have sighted a clear triangle breakout and it took for downside under this huge bear market. We have no clue of buying pressures, So its always better to find the bear opportunities or short opportunities. So this is what I am looking over Crude Oil and I am already on Shorts. Expecting $17 very soon.
Ripple is expected to break the trend line I have drawn on the chart as its a clear bear leg formation. Waiting for confirmation
One more downside expected with BTC as on D1 it shows a bear leg formation which is very bearish to my eyes and also considering the key resistance it has formed on the chart and also which is highlighted with a blue bar. But I expect this will not go much deeper as we have support trend formed. Bear trend confirmed with D1 Bear leg breakout.
First of all I have looked into short time frame between 1h to 4h considering technicals. With the technicals I have found gold is showing up some bullish structure. Lets take a look into COT data now, Considering changes from 17th March Showing 523+ towards longs and -5927 towards Shorts. Which means selling pressure has reduced in a huge amount
Watch for this parallel lines the price hints. We can the price well maintained under the pressure within two parallel lines but with the bubble price broke the resistance line and boomed. With hard fall in price after COVID tensions we can see a respect happened on the Upper parallel line and it formed as support by now. I expect price will continue its break...
Price Just made back on to the key support level after breakout and looking for long opportunities at this level with a perfect retest.