Vytasbcn

Vytasbcn

With this bearish engulfing candle I think it is clear that we have reached this year high... Now it is the ride down.

Vytasbcn

Target at the red line. I think just reading pure price action and trendlines makes a lot of sense.

Vytasbcn

Weekly engulfing candle at the top after hitting that trendline through the previous tops. That smells bearish to me. Crash is overdue. In 2007 it went down 40% or so. I see a potential of 20% over the next few months maybe. The market will show. the first target is 2860, the second one is 2700, 3rd is 2350. Potential is to 2100 or even lower if it crashes as 12...

Vytasbcn Updated 

Platinum has just rebounced from the channel floor last week. I am looking into the potential of going to the upper side of the channel and maybe higher if it breaks it. Though not the best entry, but trade is active. Good Risk/Reward Ratio. It would probably take the next few months to go up, if it will. Bullish engulfing candle on daily and double bottom...

Vytasbcn Updated 

Just broke the inner trendline on 1h, it has been going on for quite few days, divergence on the chart, bearish engulfing candle on 1h chart, small range on previous day, just in one of the supply zones on daily and weekly. Incredible risk/reward ratio. I am SHORT to 1.3017 or so.

Vytasbcn Updated 

Time will show. SL above yesterday's high. Have fun!

Vytasbcn Updated 

It just hit and was rejected from a Fibonacci level AND pivot point on a monthly TF. Double top on daily TF and braking down the long trend up. Bouncing down from a long term down trendline. A start of a new long term downtrend?

Vytasbcn

It looks good on daily

Vytasbcn

Now i see the potential here. Let's see if my patience manages the position. :D

Vytasbcn Updated 

Now going through the waist and hopefully to the legs...

Vytasbcn Updated 

I am not in the trade here, as I missed it, but it looks like it has resumed it's way down. Maybe I will catch it on some pullback...

Vytasbcn

It looks a lot like a flag to me. On dailyr TF... Then the next stop is like 1.05 or so... That would be interesting!

Vytasbcn Updated 

We will fight them and should hopefully succeed on the way down. I am still in.

Vytasbcn Updated 

It looks like it is not reversing yet. Another step down?

Vytasbcn Updated 

It has just broken the previous day's low.

Vytasbcn

It has been ranging for the last 2 years in this horizontal channel. It broke down through the middle of it like in December 2014, now it is pulling back to test... I think if it could as well go down to the bottom of it in the next few months. Well, i will keep this watching as I am not able to trade on this TF. Obviously first you need a signal i guess. :-D

Vytasbcn

I came by this chart and thought it was interesting area. Down? Up if it breaks the high before Brexit? It is bullish on all lower frames and bearish on this one and above. It is at resistance levels. so if it is rejected it could be a place to sell.

Vytasbcn Updated 

There is confluence on 5min, 15min, 1h charts. 4H not yet. Position opened. Stop above last high.