THE_KLASSIC_TRADER

THE_KLASSIC_TRADER

Theta Price has formed a Rising wedge pattern both in 1HTF & 4HTF which is a strong sign of Bullish Momentum building. Although in DTF it's a falling channel ranging, but a strong breakout from the ascending Wedges may also indicate a trend reversal to new levels. But in the main time, this is our setup.

THE_KLASSIC_TRADER

A quick scalp, using Support and resistance. In the long term price is still very Bullish though.

THE_KLASSIC_TRADER

The British Pound formed a falling wedge pattern (which is a bullish Pattern) as it was heading down towards our strong Support which is bullish Pattern which is a double confluence for upward Momentum and I took the set-up accordingly, and we can see it moved exactly in our direction and TP. Klassic_Trader.

THE_KLASSIC_TRADER

Silver price has been in an upward Consolidation movement holding support especially, and when I saw the support breakdown from the minor channel I decided to capitalize on it and took a short to the very next support which moved as predicted. Klassic_Trader.

THE_KLASSIC_TRADER

Gold took and followed my Green Path prediction from yesterday, meaning we're very much bullish in Gold and confirming the uptrend to $2950 zone

THE_KLASSIC_TRADER

Gold is in third wave of the ABC correction pattern, and also in a major expanding triangle pattern, which is a major bullish Pattern meaning GOLD is still going for new highs in the coming weeks. Also meaning the ABC pattern might go further into a 5-Wave (ABCDE). But like I always say, we'll see how it all plays out in the coming days and weeks. The_Klassic_Trader.

THE_KLASSIC_TRADER

Currently what I'm seeing on Gold Price Action. Overall Gold is still Bullish. But at the moment the price is still in consolidation, and below my 4HTF Resistance Trendline, but the price is forming a bullish rally due to the collected liquidity in the Asian session. The local pattern “double bottom” is formed (false breakdown of support) and the next target is...

THE_KLASSIC_TRADER

Gu price Action has been in an overall bullish trend, and breaking down the ascending channel twice I taught it was going to dump, but bulls held up strong at the support from which I took the long trade.

THE_KLASSIC_TRADER

After BTC brokedown both support Trendlines I waited for a good zone of resistance and entered the short position and as we can see it went good as planned.

THE_KLASSIC_TRADER

The British Pound has seen a strong uptrend since the release if the news, and just at the breakdown of thie previous channel I noticed price still moving in the uptrend and Bullish Momentum.

THE_KLASSIC_TRADER

Gold price been showing signs of Bullish consolidation after the dump if last week and even till now still in an expanding falling triangle which is a bullish sign and so I decided to open the long position and it's still alive and moving in the favor of the bulls.

THE_KLASSIC_TRADER

Gold price was consolidating between the support and Resistance Zone in a falling channel, so I decided to take a short trade to the next support zone and it went better than as planned.

THE_KLASSIC_TRADER

Silver price Action was bearish after breaking down our long and strong Trendline support and price finally took support at our horizontal support and held above it from which I executed a long trade and as seen produced good profits.

THE_KLASSIC_TRADER

Silver has formed a Cup & Handle pattern and Moved strongly in the upward Direction following the trend and currently in a minor consolidation at the resistance Trendline, which I think Price Action would breakout of in the coming days create even New Highs, so let's watch and see how it plays out. Further Breakout or rejection Breakdown?? Let me hear your opinions.

THE_KLASSIC_TRADER

Gold Held our stong support from January and reversed from that zone and began holding a new support Trendline from which I took a long trade and it moved well in our direction and hit TP.

THE_KLASSIC_TRADER

Gold price broke down my major Support and retest the support zone with a wick and rejected from it and price went bearish so I took a short trade and good results as Always.

THE_KLASSIC_TRADER

Silver Price has broken our major Support Trendline and broken down /dump accordingly. But right now price is seeming Bullish and might likely go to retest the strong support zone or support Trendline according before further Breakdown. We'll see

THE_KLASSIC_TRADER

The British has been in a strong uptrend and broke our support trend and retested in minor / lower timeframe and that's why we are in a short trade which is moving well in our direction.