django2

django2

Some interesting historical data on the price of Silver back from 2002- 2003 similar to what we 've seen happening for the last couple of weeks. Blue line 50 MA Yellow line 100 MA Red line 200 MA time frame weekly Green circle 50 MA 100 MA golden cross on the weekly , Yellow circle 50 MA 200 MA golden cross on the weekly , Similarities with today's price...

django2

Bullish Pattern forming on BTC, Currently bounced on 0.5 Fib retracement level from previous high to low which also coincides with the 50 MA on the weekly . The top of the white box is the 0.5 Fib the bottom is the 0.618 , I am expecting this area to be a buy zone for a side ways movement, We can also see that 10500 mark - blue resistance line - forming a...

django2

Hidden Bullish Divergence on Silver, There was a big sell yesterday on Silver but price created a higher low showing strength As we an see on MACD number of sellers increased but price rested just above the 18 dollar mark .

django2

buyers getting exhausted after a week going upwards, Looking for a bit of consolidation on these levels before moving further towards the 150 level

django2

Platinum has sold quite aggressively for the past couple of days. We are back on that demand line we have been founding support for the last few weeks now. If buyers continue finding value on these levels we will finally pass the high at 985 and eventually the higher resistance level at 1020 IF not next stop bellow is the 940s level . As we can see on the...

django2

Good entry point for GBPUSD as signals on the left indicate.Will go out once stochastic RSI reaches overbought area If ema lines dont cross each other to the upside signal wont be valid anymore . Blue - 4 ema Yellow -14ema Red - 50ema

django2

MICRO on the left , currently in a broadening descending wedge with bullish divergence on the MACD MACRO on the right , with the measure move after potential break out to the upside.

django2

Attempting to take that 0.618 fib level at 992 that we got rejected from couple of weeks ago. That will negate the head and shoulders pattern shown on the right on the 4H chart, Histogram on MACD on the right has a bit more way to go , staying on these levels it will just give a bearish divergence between A and B Good news on the Daily -left - negative...

django2

As mentioned on previous study we are completing that reverse head and shoulders bottom , The top of the shoulders along with the neckline form a right angled broadening wedge that we are trying to break out at the moment If price accepts these levels I am expecting that measure move marked on chart to take place, If not then a consolidation back to the...

django2

Long , measure move on the left, retest and confirmation of break out on the right

django2

There is a head and Shoulders formation on platinum that could keep bulls on the hold, One thing about price action and TA though is that what can not evolve vertical in price it can evolve sideways in time. What I mean here is one would expect according to that H&S for price to go in lower levels, instead of that though and because of the strong support we...

django2

Spoofing or someone just dumped a whole load of shares on RR. In any case that must have taken most of long positions out for retail traders since stop losses must have been triggered on this one, With no buyers left price heads south, still bullish on this one and still on the trade as we broke out of this descending wedge that we have been in for a while, It...

django2

Looks like we are completing the second right shoulder of this reversal pattern , All tops of three completed shoulders so far creating a trend line , that's been crossed by the head, looks likely that the fourth shoulder will touch that trendline as well, Reverse head and shoulder patterns are as reliable as Head And Shoulder tops patterns, they do take...

django2

Failed to keep that higher high at "A" platinum heading south to find more value Staying above 960 would be quite good as we will have just one more higher low on the chart which indicates uptrend. Failing to hold these levels we are going to find support back to that buy zone at 950- 956 BUT we do have a head and shoulder pattern forming as well that doesnt...

django2

Platinum looking good at the moment . We just created a higher high taking the 0.5 level that we got stopped recently after breaking out of that descending channel, Strong resistance above us the 0.786 fib level that also coincides with the resistance we found on those levels in mid January.

django2

As mentioned on previous chart for silver reverse head and shoulder pattern on silver is unfolding , interesting to see if it is going to follow the symmetry of the pattern and form a second shoulder to the right as it did to the left -the green line - in which case a nice swing trade inside the blue channel can take place before price finally takes off

django2

Platinum broke out of the descending channel as indicated by the bullish divergence on the 4h on the MACD price got stopped at the 0.382 level , next stop upwards form here and once we pass this resistance is the first stop in the golden zone at the 0.5 Fib level as indicated on the chart .

django2 Updated 

I was expecting that cup and handle formation - blue circle - to play out on Silver but it failed. Now back in the buy zone between 17.5- 15.6 where side ways move with support on this level will form a reverse head and shoulder pattern that will send us to the upside off the channel we have been consolidating since mid January If not next stop south is the...