theRaggy

theRaggy

I can see some short term bearishness in SAXO:XAUUSD for the next few weeks. A breakdown of the support @ 1910/1900 could result in a test of MAJOR SUPPORT @ 1830. This leaves us between a nice range of strong support and resistance. Could easily end up playing out as a H&S or a Cup & Handle. We would need to see Risk on Assets come down again to rebreak...

theRaggy

This is a bananas setup for MCX:GOLD1! ... Technical Argument Break of the neckline - monthly close above $2,020 per Oz ( or 2022 to be exact ;) ) could see a $1,000 gain in 12 months. **This is about 65% of the TA target of the Cup & Handle pattern. Even @LuxAlgo ECHO LUX indicator showing a projection to $2,500 per Oz ( 12 - 24 Months ) Fundamental...

theRaggy

I have been trading for a long time and I do not often see this much bullish divergence! Have a look at the 4h on BTC -> Price Trend: DOWN RSI: BULLISH MACD: BULLISH Lux Oscillator: BULLISH Less obvious on the Daily MACD but Lux and RSI show strong bullish divergence! I must admit, I am long, very long... I am Scared hearing some of the...

theRaggy

Beautiful break and retest of a Cup & Handel patter on the 1 & 4 hourly for NZDJPY . Autochartist.com also giving a long signal with a target of 78.72 within the next 24 hours. However, the technical target of the Cup & Handle is around 79.50! My Trade: Long NZDJPY Entry: 78.015 Target 1: 78.75 Target 2: 79.50 Time Frame: 2 days Boom, @theRaggy

theRaggy

# XAGUSD is breaking out on the 5-15min, Precious metals are breaking bullish in general. Looking for a short term long on Silver, especially with a confirmed H&S patter on XAU/XAG chart. Trade: Entry: 22.736 Target: 22.780 Time Frame: 1 day Boom, @theRaggy

theRaggy

#XAUUSD is breaking out on on the 15min chart, LUX Algo just printed a STRONG BUY on the 4 hourly. It's good to see Gold buying while the equity market is on a big green day! Trade: Entry: 1792.86 Target: 1802 Time frame: 1 day Boom, @theRaggy

theRaggy

Nice short coming in on a break of the neckline of a #HeadAndShoulder pattern @ 79.80 on the 4 hourly LUX Algo - Under Sell with a down trend Autochartist.com - Probability 71% & Quality 8/10 - Target 78.00 My Trade: Entry: 79.45 Target: 77.90 Time Frame: 3 days Boom! @theRaggy

theRaggy

The NASDAQ and US Tech 100 has come under pressure today and has closed JUST below critical Support on the daily while 4 hour has broken and held nicely. Data shows the US stock market is massively inflated and is due for a correction: The US stock market has see more inflow in the last 12 months than the combine inflow of the last 19 years!!! (Source: BofA...

theRaggy

Time to play a bounce on GBPZAR off of the upward sloping support in this well established channel: UK GDP figures out on the 22nd of Dec so could introduce some volatility if there is a big miss Target is 22.22 over the next 2 weeks Stop loss around 20.40 Next level of resistance @ 21.30 Good Risk Reward here! Boom, @theRaggy

theRaggy

Finally, the cross we have all been waiting for. A bullish cross on the daily MACD for Bitcoin . This could mark the bottom and see us breaking this downward sloping channel to the up side? First Target is the 52K area. I hope so, BUT: My Liquidation prices are still below the 40k mark as we could easily breakdown to this area: Lux ECO indicating a move...

theRaggy

ETH is approaching resistance, but will it break out here. We have some strong Bullish momentum from a breakout of resistance on the ETHBTC market. BTC looking bullish but lethargic right now. I personally think we are going to test and reject from here and retest 4.2K. Then a breakout within 2 weeks, 1st target = 5.5K 2nd target = 7k - target of H&S...

theRaggy

Potential breakout of ETHBTC price. A break above 0.8 could lead to a fundamental shift in BTC dominance. The move to ETH 2.0 is another fundamental shirt toward ETH dominance. I am personally overweight ETH for now. Going to be an interesting close to the year! Boom! TheRaggy

theRaggy

Tread Idea - Short Term BTC has broken bullish out of a bull flag on the hourly and 4 hourly. This gives us a target to our next zone of resistance around 60K. We have some serious catching up to do for the S2F model to get to an average price of 100K by year end. On-chain = Bullish, TA = Bullish but very high levels of derivative positions around so the next...

theRaggy

Gold setting up a beautiful Bull Pennant on the week chart. With Volatility increasing thanks to the tapering of QE, a flight to gold is a natural reaction. A break and hold above $1 860 could result in a first price target back to local highs of $2 000. I am bullish on Gold for the medium term. Boom, TheRaggy

theRaggy

VIX has hit my short term price target of $25. With all the fundamentals of money supply, let see how the market reacts now with some easing in QE. I hope this coming crash will be a lesson Central Banks, but I doubt it.... Lets sit back and what the volatility bubble up! Boom, TheRaggy

theRaggy

USDZAR perfectly hit the 50% fib retracement level following a breakout from a minor upward channel. We are forming a bigger wedge which I believe will result in USDZAR's next target to be $17.00. I remain a long term bull on USDZAR.

theRaggy

Just an Idea here for you short term traders. USOIL could be forming an Inverse Head and Shoulders pattern. This pattern perfectly hits my target of $90. Will be keeping my eye on this one. Could be a fun one to watch play out. Boom, TheRaggy

theRaggy

Another resistance level breaking. In the words of @CryptoTrading_KenStandfield - the Altcoins are being pulled by Bitcoin's gravity. I am seeing so many ALTS breaking out! Target 1: $2.40 Target 2: $2.60 - $2.70 Come on the Alts! Boom, theRaggy