eganon69

eganon69 Updated 

British Pound looking stronger on multiple currency pairs. In particular in the last several days with Brexit Deal. I think the GBP:JPY pair looks the best. Possible also SHORT EURGBP as the charts look pretty much INVERSE of this chart. Longterm Downtrend line just broken and retested on the daily TF. Bounce off support is breaking above recent high giving a...

eganon69 Updated 

Weekly Chart, Daily, 8 Hr, and even smaller time frames all show a SHORT here. When you take a step back and look at the WEEKLY time frame there is a very clear BEARISH Divergence and DOWNTREND on MACD as well as MACD curling lower and about to break below ZERO Line on Weekly Time Frame. Notice for those interested that Daily, and 8 hr show nearly the same exact...

eganon69 Updated 

Silver breaking above recent high and bouncing off support at $26.21. Upside Target Price = $28.18 for a 3.4R trade!! MACD breaking above 0 line and Bullish divergence and rising showing NEW Uptrend on Dailly Time Frame and resuming Weekly Uptrend. ALL Time frames weekly, daily, 8 hr show a BUY signal. Expect Silver to eventually Break ATH but 1st $28.18. But...

eganon69 Updated 

Silver is looking to breakout soon and with all the Monetary Stimulus coming Silver is a good store of value. Not to mention Biden's GREEN NEW DEAL will call for Solar panels all using SILVER. Demand will go up and PAAS is poised to reap the rewards more than the underlying commodity. The Chart shows planned entry at the OPEN tomorrow morning. (Expected Entry...

eganon69 Updated 

Trade is BUY at 0.1708 just now. SL set at 0.1601. TP = 0.25. This is a 7R trade. Breaking out of a large consolidation pattern bull flag and retesting breakout just now as we bounced off support at 0.17. MACD shows BULLISH Divergence and recent breakout of down trend on MACD shows optimal BUY opportunity PRIOR to breakout but the break out and retest based...

eganon69 Updated 

Similar Chart as UNISWAP. Long entry with triangle and rising TL support. ALL time frmaes from weekly, daily, and 8 hr ALL show MACD BULLISH Divergence and a bounce off support.

eganon69 Updated 

LONTERM Downtrendline Breakout with Bounce off new UPTREND Support. ENTRY = $245.02 SL = $230.83 TP = $300

eganon69 Updated 

Obvious rising channel that is STEEP and prices have gone parabolic recently. This is shown in the 5 of the recent days at or closing above the outer BB. This pattern reverts to the mean of EMA 39 in >90% of cases. Occasionally prices rise a several more days before turning down but usually they do not. Expect to SHORT tomorrow at ~3200 and expect TP of 2950ish.

eganon69 Updated 

Pretty Obvious that this is WAY beyond the BB std dev. for 4 days in a row and likely to revert to the mean of at least $60.

eganon69 Updated 

Title says it succinctly right there. Similar chart that I posted for S&P. But even more impressive to me. Details: This 15 YEAR WEEKLY chart shows MACD on top and Price on bottom. For those BULLS saying we have a V shaped recovery and the market is going higher look at this WEEKLY chart and resistance levels. Notice that weekly 39 EMA correlates well with...

eganon69 Updated 

Title says it succinctly right there. Details: This 15 YEAR WEEKLY chart shows MACD on top and Price on bottom. For those BULLS saying we have a V shaped recovery and the market is going higher look at this WEEKLY chart and resistance levels. Notice that weekly 39 EMA correlates well with market direction for the last 20 years. On the MACD the Blue line shows...

eganon69 Updated 

Armchair PREDICTION based on prior observations of the market behaviour. The market exists to cause MAX PAIN to the MOST number of people. I have my own reasons for this prediction based off of money inflows into funds mostly occuring on Mondays. Monday price action rarely coincides with the weekly outcome of price action. If I were wanting to inflict as much...

eganon69

Recently shorted at 2850 at resistance and again today at 2840. The bearish rising wedge and the horizontal and diagonal resistance along with Bearish divergence of the MACD all suggest a resumption of the downtrend is imminent. Good luck to all.