Gold spot is forming a rising wedge reversal pattern on the 1H chart. The crossing of the pattern is EXACTLY at a previous resistance level of 1653. Price may touch that level but not necessarily. Trade will be activated once price crosses the lower trendline.
GBPJPY formed a perfect continuation pattern on the 1H chart. 0.5 Fibonacci level acted as a resistance. Trade will be activated once price crosses the trendline.
OANDA:USDJPY forming a perfect rising wedge pattern. Waiting for confirmation
USD looks very weak on almost every currency pairs for the next few days/weeks.
Once trendline is broken, I open a short position on EURUSD. Please leave a comment about your thoughts.
EURJPY in a correction waiting for the next spike. Please leave a comment about your thoughts.
I think history will repeat itself, just watch the chart. People start thinking Bitcoin makes "free money" for everyone. It is easy to be a millionare or even billionare, "just invest all your money in Bitcoin". Unfortunately it is not working like that, never was... At the end of the hype, many will lose all their money while they are sleeping, and a few clever...
At the time of writing, the price of bitcoin is almost $17,000. In April, it was $1,000, which means that if you had bought then, you would have made more than seventeen times your investment. Not bad. But, if you’d got in a little earlier, say in January 2016, you would have made over forty times your original investment! Is there still time to get in, or is it...
I think that silver went down because of speculators who see that a huge breakout upwards is coming, and wanted to jump on that train at the lowest price possible. I think that maybe price is going to hit 15.20, but that is an absolute minimum in my opinion... Also watch for the perfect triangle on 1 and 4 hour charts. Maybe it will indicate the next move of...
EURJPY just softly touched the top of the downchannel, and is forming a SHOOTING STAR candle. RSI is also overbought, and in my opinion Stochastic will cross too, showing us a clear BEARISH move. Don't miss this trade :) PLEASE SHARE YOUR OPINION! If don't agree, comment. If agree, like and follow for more, it is a nice feedback to me :)
I think i can confidently say, that almost EVERYONE on this page tought, that SILVER is going to EXPLODE upside, me too. But on Monday, things changed, and SILVER is falling, at the time it is at 16.41. We have a nice UPTRENDLINE since 2003 (!), and it is close. Very close. Maybe XAGUSD will break it too? Or bullish trend is coming finally? What is your opinion,...
4hour Stochastic shows bullish breakout, bearish and bullish trendlines almost crossing... The breakout can be here at any time! First TP: 18.20
If it closes under the SUPPORT, it breaks a 10DAY LINE! Big opportunity coming! We can have a little correction at Fibo 23,6% or 38.2%, than all the way down! PLEASE SHARE YOUR OPINION! If don't agree, comment. If agree, like and follow for more, it is a nice feedback to me :)
As i mentioned in my previous post, USOIL touched the channel top (channel exists since 6th of October). Stochastic and RSI also indicates a SHORT correction coming. USOIL is going to touch the bottom of the channel, maybe even break it! In longterm it is still bullish because of the international news. PLEASE SHARE YOUR OPINION! If don't agree, comment. If...
Definetely everyone is waiting for a VERY STRONG LONG BREAKOUT for silver. And the key word here is: EVERYONE. We can be 80% sure, that silver will rally in the coming weeks/months. But what does a rally need? STRENGTH, ENERGY and MOMENTUM! That's what we still don't have. Silver simply can not perform a BREAKOUT with RSI being near 60-80 on every timeframe!...
Please let me know in the comments what you think about my chart honestly :) If agree, like and follow. Maybe we can see a "last kiss" reset to the trendline, and then long ;)
AUDCAD RSI almost always bounces back from the bottom line. From the last candle we can see that it is running out of shortish momentum. I think we can go long now, and touch the sideways channels top again :) Please let me know in the comments what you think about this chart. If agree, like and follow!
Also in long-term i am short on EURUSD, but in the coming few hours i am sure that we will touch again the very important historycal 1.169 level again. Good short opportunity! Please let me know in the comments what you think about this chart. If agree, like and follow!