ADA (CARDANO) forming a Cup N Handle, Potential to Long with good RISK/REWARD ratio.
As shown in the chart. Do your own analysis for trading.
Potential for a failed breakout? I'm going SHORT with TP around 1463-5 Around 1463, can check whether it will breakdown or stay on the trend line.
As the chart clearly had shown. Actions are decided by me, so don't blame me if it didn't happen.
Just read my chart and decide yourself, lazy to type.
BREXIT Extension + BigRedCandle, perfect for shorting. TP: 906
Failed Breakout. Can try to do a shorting Put TP around 1.27630
The triangle form is ending, but it seems there's still a little space to go up. LONG TP: 1500.
If breakdown , set SHORT TP: 1477.5 If breakout , set LONG TP: 1503.5 Will update when anything happens.
A successful breakout will go further up to test 1945 resistance level. A failed breakout will go further down to 1973 support level.
Possible formation of double bottom? Currently its on uptrend now. My TP is 1520, if there's no any news affecting my strategy.
Short term TP for bears: 1496. As the chart shown that it had formed a M pattern, perharps will continue fall down until the big support of 1496.
Currently Gold is staying on 1535.5, which is a really hard support. Based on hourly timeframe, we can see that Gold has formed a CupnHandle chart pattern, which is a good sign for bull. Adding with continuous tradewar dramas, I do believe that the potential for Gold to achieve 1600 is possible. My idea is that Gold will rebound from here, which TP will be...