I think gold may make a short term buy. Feel free to share your thoughts. Trade at your own risk.
As shown on the chart, this coin has very clean and beautiful chart and currently broke out from the flag pattern and done retest the area. This could be a good opportunity to enter and also possibly breaking another new ATH. Feel free to comment down below and do not trade solely based on this, so please do your own research!
Just my personal idea on gold trade, feel free to share your thoughts at the comments section. -bear trend breakout -bull flag looks like forming. Oh well, let's see.
Here's my personal idea on this pair: -RSI double top -Rising wedge Waiting breakout confirmation. Let's share your thoughts.
It has been a bearish month for Gold and as we can see now gold has reached the support zone and formed a falling wedge pattern on 4H timeframe. If the support zone can hold the price we'll be able to see it bounces up from current price zone.
My personal thoughts on Gold - XAUUSD : 1. Potential head and shoulders 2. Bearish flag 3. RSI below 50 Let's see how it plays out. Feel free to share your thoughts at the comments below. (Disclaimer : Do your own research and place your trades at your own risks.)
Trendline broke on 1H tf and RSI is above 50, expected to see it moving upwards.
MATIC having inverted head and shoulders and we shall see if broke out from this pattern. Not financial advise. Just sharing my thought.
BTC now stuck at at Fibbonaci 0.5 key point and double top spotted at the time of publishing this idea. My thought now it has two possibilities, whether it'll breakout as double top or ascending triangle, finger crossed.
My current idea is inverted head and shoulder on 1H graph. Share your thoughts too!
It seems to stopped pushing higher price as the buyers think that too expensive to trade at current price. As I switched to 1H TF I noticed the double top so I drew the line to estimate the level of possible price will drop to, given that it's not false breakout. Once the candle closed, we'll know the truth. Let's see how it goes.
Hi all, this is my humble analysis as a new trader (on demo account), here's my analysis based on what I've learned so far. Feel free to drop in your opinion. As we can see there is breakout on descending wedge trend and there's a small head and shoulder forming. Now lets cross finger for another new breakout on this pattern.