The British Pound formed an ascending trend after the breakdown Moved exactly according to our predictions and smashed our TP.
Crude oil price action moved exactly in our Prediction and even Better. Currently the price is in a new Bullish trend due to the FOMC news, but we'll watch it to see if it holds and it's authenticity before Opening new trades to ensure it's not just hype or manipulation.
British Pound has been in a strong downtrend channel, broke out and moving in an ascending Trendline structure to the upside, so we'll see how market plays out
Bitcoin did create an Inverted Head and Shoulder pattern and it moved exactly as predicted. I just didn't take it too serious because of the Major and Minor Diagonal Trendline resistances, I was just going over my charts and saw it, Good Movement though.
After price missed my previous setup, I then decided to reenter at my Resistance zone a feq hours before the news and price moved even better than I anticipated the breakdown of the falling channel on Silver. _THE_KLASSIC_TRADER_.
Silver price was trading inside a falling channel before the major dump after the trump Tarrifs news. Which I set a short from the wicks of the previous zone, though price moved down as expected, it missed my entry price
Silver price was overall in a Bearish trend, but after the strong bear flag, price hit the support and wanted to retest the Resistance Zone before further Breakdown as going. I entered the trade for a long, but price dumped a little just before moving to our TP. Might have extended the SL zone but it's a loss I'm proud of. We go again 💪💯🔥. _THE_KLASSIC_TRADER_.
Oil price broke out of Diagonal Resistance Trendline and retested and consolidated around the zone for before finally pumping in our direction and hitting our TP. _THE_KLASSIC_TRADER_.
This is the result of my long Silver trade at the beginning of the week and it traded just as planned.
Gold price was consolidating in a symmetrical triangle pattern from which I opened this long position just at the confluence of the diagonal and horizontal support (s), I expected price to hit the confluence zone before further pump to the upside as it did, but fortunately price mover within the range of the symmetrical triangle and retested the upper band and...
Gold price broke down support and approached support retest in an ascending Wedge which is also a Bearish sign indicating further bear or dump, from which I took the short Trade.
As I stated yesterday after price rejected from the Diagnonal resistance, I said price could retest and dump further or breakout to higher levels. I did ioen a short for the dump, but then I checked the trade this morning and realized it's in a breakout trend. So I closed the short in a small los and capitalized on the long at the point of resting the Trendline...
Silver price after falling from the ascending channel last week took a straight dump in a closing descending channel and seemed to take support from the purple minor zone from which I took the long trade which is still running. Also formed a double bottom and broke out the diagonal Trendline resistance indicating more bullish Signs.
Crude OIL price broke above the diagonal Trendline resistance flipping to support from which I placed a long trade to the Higher TF major resistance. Price Action moved exactly as I predicted just missing my entry price by a few cents 😂 and hitting the set TP (it's part of the Trading Game😅). As we can see currently price has rejected well from the Major...
After closing the Short at Break Even, I wait for price to reach and hold from the now support and opened a long position of which went better than planned. _ THE _ KLASSIC _ TRADER_.
Ethereum later held support from our diagonal Support Trendlines and took a minor bounce. Though I closed at Break Even, price moved to sl and currently still hasn't decided on a direction to Take.
Ethereum price has been choppy and low in volume since it's major dump during the week. And still can't get passed the minor resistance zone, from which I'm capitalizing on to the next major Support in confluence with the diagonal Support Trendlines. So let's see how price moves. The_KLASSIC_TRADER.
Cruse oil price has been choppy and moving randomly lately especially with Trump's Tarrifs and updates. But I say the break from the ascending wedge and hold horizontal support zone area and price seemed to be heading to diagonal and horizontal resistance which I set our TP at and boom. Klassic_Trader.