ttafa

ttafa

Gold is approaching a 4-year descending trend line. I would view a break and and daily close above as a significant technical development.

ttafa

On 10/1/18 the thinking was ''Crypro is coiling up in a triangle and a break would provide directional clarity. Break higher could see a retest of the all time high level, whilst a break lower could see price crash to 9000s''. Well price has reached the 9000s in a hurry as is typical of breakouts. However, I expect price to pause at 9000 (30/11/17 swing low) a...

ttafa

Price is testing what appears to be the neckline of a potential head and shoulders pattern. Failure to hold here could crash price to 1.0500s and a close below neck line would be a good signal for such a scenario. On the other hand, a hold here could see price retest the major descending trend line and potentially break it.

ttafa

Crypro is coiling up in a triangle and a break would provide directional clarity. Break higher could see a retest of the all time high level, whilst a break lower could see price crash to 9000s.

ttafa

The pair has broke critical support at 112.00. A retest of level could provide better entry price for initial target of 110.80 (11/17 swing low), followed by 110.30 (09/17 swing low)

ttafa

My previous analysis on 3/1/18 was ''Breakout from 10/17 has developed nicely but reaction is expected at my long term objective @ 62.50 (05/15 high) where profit taking is expected''. Price spike earlier today to 62.52 and retraced sharply. From here I expect deeper correction to possibly 59.00 or lower where I expect buying interest to reappear.

ttafa

Breakout from 10/17 has developed nicely but reaction is expected at my long term objective @ 62.50 (05/15 high) where profit taking is expected.

ttafa

1296 has shown as a significant pivot on many an occasion judging by the number of bounces around this level. Bulls seem to be in control now. A close above this level could see further gains. The bullish view is supported by USDJPY (high -ve correlation) which rolling over and with risk of reversal for equity indices and flight to safety rising.

ttafa

In my previous analysis on 20/12/2017 I issued a potential breakdown alert - ''Instrument seems eager to break down out of what appears to be a terminal wedge . In light of this, break and close below 16000 may trigger a number of stop losses and provide a decent correction. If this is a terminal wedge, price may retrace back to origin of triangle.'' Well stops...

ttafa

Instrument seems eager to break down out of what appears to be a terminal wedge. In light of this, break and close below 16000 may trigger a number of stop losses and provide a decent correction. If this is a terminal wedge, price may retrace back to origin of triangle.

ttafa

Gold is re-testing support-turned-resistance around 1260. Break and hold above may accelerate gains. Failure to break 1260 may draw sellers to drive prices to around 1200. Gold is in a mess right now. Any thoughts?

ttafa

Price seems to be forming a terminal wedge hinting price may break lower for the much needed correction. Something to watch for those holding longs.

ttafa

In my previous analysis on 4/12/17, I was looking for channel support to hold for continued price rise. Oil has turned up from the projected levels and my focus is still towards 62.50. Any thoughts?

ttafa

Well, bears have finally taken that 1260 after a battle. With that level gone, the chart points to 1200 as the next major obstacle. A re-test of 1260 can provide good entries for those on the short side. However, with risk of correction lower in equities, I am hesitant to play the short side and will instead use further drops to built long position later on. Any thoughts?

ttafa

Bitcoin is in a league of it's own, isn't it, with price seemingly blasting into the stratosphere. But decent corrections have been found in the past at these dizzy RSI levels, but that's just stastistical and who cares. But then again calling a top is folly, and buying at these levels is not any wiser IMO. Just something to think about.

ttafa

The pair has been confined to a circa 300 pip range since 09/17. A break will decide trend reversal or trend continuation. Range trading also looks lucrative.

ttafa

The open gap of 3/12/17 is now closed signaling the resumption of the down trend. 113 appears to be strong resistance and any short plays to be approached with this level in mind.

ttafa

Gold is testing a very significant support zone. Break of1260 to accelerate decline.