andypro16

andypro16

trade the breakout

andypro16 Updated 

support has been broken

andypro16

heading to demand $34-$42 demand zone

andypro16

ascending triangle retest!?

andypro16

Watch for reversal signals at 0.618 level.

andypro16

I think it is good for us to look at a chart with large time-frame in order to deduce the trend. There is less noise in it.

andypro16

This is just a record for me. The chart shows a lot of support and resistance level. The most interesting thing is that there are structural demand and supply zones near different fib retracement levels. I won't explain anymore. The red arrows are the directions I predict.

andypro16

XAU: With increasing risks of emerging markets like Turkey, people tends to buy GOLD in order to protect their purchasing powers. As a result, the demand of Gold increases. JPY: In mid terms (within 1-2 years) , it is expected that BoJ will not raise the interest rate due to the slow economic and inflation growth. Therefore, it is expected that JPY will not...

andypro16 Updated 

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andypro16 Updated 

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andypro16

Generally, we expect a fall when we observe that there is a failing wedge. A failing wedge means a weakening upward momentum. However, Apple rises despite of the existence of rising wedge. Obivously, there is something special attracting investors to buy the shares : Pursuing $1 trillion market cap. It is definitely irrational and unusual. I can't exactly tell...

andypro16

The uptrend line has been broken and is retesting. A potential double top is formed and we can try to short it.

andypro16

Bearish divergence also appears.

andypro16

:)

andypro16 Updated 

:)

andypro16

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andypro16 Updated 

I am going to share my mid-term/long term views.

andypro16

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