Saeglopur

Saeglopur Updated 

Is DAX in a bearish formation - diamond? Can trade war affect that much economy of third biggest exporter?

Saeglopur

This is continuation of my previous idea which was with same strategy but neutral position. Now will take long position, today increasing it and 1.15 will be a turning point. If we'll brake it then even 1.04 might be a target in a long term. I give us 70% for that current support at 1.15 will last. 30% that we are going way down. We all will have to pivot really...

Saeglopur Updated 

EURUSD seems to be on the verge of massive fall if not in a turning point. Scenario with lower low might bring us to new uptrend motivated by trade war in USA with countries around the world or some else reasons which could make dollar weak, please tell what can cause this in your opinion. On the other side Europe is handling its problems quite well so that...

Saeglopur Updated 

After big FOMC and ECB announcements global finance situation is more clear. Doubts and fears in global economy are addressed and big institutions stated what they see and how will try to act. One of the longest up trends on global markets might be still continued even if at a slower pace, many worrying circumstances are recognized, things are being planned so...

Saeglopur

Hello guys! Due to global doubts in geopolitical and financial health plus record long wave of uptrend on stockmarkets I think Gold should be rising in a long term. Current starting point is a 'higher low' in latest trend which developed over last 1,5 year. We are in very important point where market will decide are we 'consuming' that whole growth or is it just...

Saeglopur Updated 

So triangle brake out and testing new local highs turned 180 in just a few moments. Upcoming trade war seems to be main reason in pair with subtle but maybe just emerging financial problems of global economy. Overall trend for Gold should be upwards and in bigger picture it is based on growing worries around the world in geopolitics and economy. Despite that...

Saeglopur Updated 

Current uptrend with higher lows but stable resistance might be a strong buildup before expected bigger brakeout. Geopolitical situation in the world with messy and fresh issues are in favor of higher gold prices. It will probably very rapid, 1370-1380 resistance test but I'm thinking about more rapid way just through it and then way to all time highs are opened...

Saeglopur

Weak Bitcoin is holding us down. While BTC made third step on the bottom which we could now consider quite strong EHT made last low way higher. Will ETH replace BTC as a leader by the end of the year? :>

Saeglopur Updated 

Historically RSI at 50 points was important resistance for big corrections and local downtrends. Latest events confirmed that we really should be again in long term bull market. I've made some calculations based on previous history and in use since our last step over 50 points of RSI. OPEN is opening price on a first candle when RSI crossed over 50 points CLOSE is...

Saeglopur Updated 

With first signs of stabilization but no history of horizontal trend on COINBASE:ETHBTC we are facing similar situation as in last downtrend. With still no real adaptation of Bitcoin, growing technology around blockchain, end of tax season and probably ICOs cash-out (77% in ETH by E&Y report) this time it should be definitive switch to up trend. COINBASE:BTCUSD...

Saeglopur Updated 

Overall I'm still bullish on ETH but by looking for long term and bigger perspective on logarithmic scale - we might be in important point. Although bounce seemed so far great but it's hard to believe that V/U shaped formation will take us straight to all-time-highs. Historically if new wave will be bearish and stop at higher low we should be on our way to...