Shivkumar600

Shivkumar600

some some few charts on short CAD, so i decided to do my analysis and this is what is feel in the long run....good luck

Shivkumar600

As always the chart explains all, and longs will be short lived ...there is still room and 5 wave will end near the 1500$ mark (this is where probably we will see the anger and depression) final blow i should say from where markets could rally They say there is a light at the end of the tunnel...it could be a train also :) so use stops well and don't let...

Shivkumar600

Just as i thought, market has behaved exactly to the chart published couple of weeks back....for those who have missed the boat, we still have a chance, market will correct towards the 1300$ or below in the (4) wave in the larger A-B-C correction and then pull back towards the 1350 handle where market will give excellent opportunity to short towards 1180 ...good luck

Shivkumar600

this was my primary count which was published few weeks back....i was calling for a top at at 1350 area...i think we could have formed a top at the 1326$ mark....and we could see the larger decline in the coming days/weeks...if market decides to break the 1326$ on a daily closing we could still see the 1350$ and then we will drop to the 1180$ mark....so one can...

Shivkumar600

I had in my previous post mentioned the top in the 5 wave and a larger A-B-C correction towards 1600 ....we are currently in the wave B which should target the 2800 handle and then the larger drop towards 1600 .....use your stops and good luck with your trades

Shivkumar600

either market falls from here or a small rally towards 161 and then drop towards the 120 handle, long term targets around 95$ let the bears make some money this time around :)

Shivkumar600

further drop to the 131 handle looks possible, this is where i will be looking to buy, keeping in mind the long term targets in mind targets of 145-150 are the long term targets

Shivkumar600

not exactly a short, but expect a pull back towards 110.50 and then the B wave rally towards 119...good luck

Shivkumar600

as usual chart explains all.....lets make some more money this year :)

Shivkumar600

I published this chart when gold was around the 1180 $ mark, now i come purely from a technical background, which means i don't refer to news headlines, Trump, Iran, war etc. Now that gold has started going up we have many expert comments like "a combination of economic uncertainty" "trade worries and rising interest rates sparked fear in investors who hurried...

Shivkumar600

Either market will fall from the 4100 region or a rally towards 5000 and then drop below 3500

Shivkumar600

So we have two scenarios over here, either a small rally towards the 2600 area or a rally towards 2800 and then a drop towards 2000 and below. Long term this market has entered the bear market and we could see levels of 1600 in the long term (refer to my previous post) I will sell around 2600 and join the bear if markets get to 2800, selling is recommended

Shivkumar600

Again all the pundits are surprised, there are news about how trillions have been wiped away from markets, people are buying the market calling it a "so called Christmas sale offer" People either tend to buy at high or sell at low and get trapped both ends, and then there are few who wants to catch the falling knife. Then the big question is "who is actually...

Shivkumar600

Not every is perfect, but yea lets not make assumptions or draw our own angles and lines and wedges and triangles and so on. During my early days of trading, i saw a college intern scaling many lines on the chart, and what was interesting is, it was on 1 minute chart, i could barely see the candles. I asked him what was he trying to establish, he smirked and said...

Shivkumar600

the chart explains all....refer to my earlier post ...i was long from 1180...i don't understand why fellow traders want to short this market...the moment anything goes up every one wants to sell.. we are heading to the 1350 handle ...once the A-B-C is done market will target 1500$ ...good luck

Shivkumar600

short the pair with a stop above 114.21 on a daily close, targets around the 109.50-110.00 handle that will provide buy levels for the upside levels of 120-121

Shivkumar600

I have been bearish this pair since the 5th wave ending at the 20,000 handle....the drop is a larger A-B-C correction and probably a bubble I see posts from my fellow traders on their views about the BTC, it was quite interesting to note that post with "BUY" had more views as compared to "SELL" posts. This clearly shows the sentiments in the markets or probably...

Shivkumar600

so just a quick update, as long as market is below 6544$ market will remain bearish, a small wave (ii) will give a chance to sell again i like the optimism of the mooners and the hodlers, and also its good to read some post about panic selling, triangle breakouts, splits, regulators and so on :))))) kindly refer to my old post for levels