Pretty simple, in from sub 19. Targeting 35,000 feet.
Another Boomer market beauty - spotted in the most popular Spot FX Major market. Only trading with the trend, t.m. long in this case, with this market personality. Spotted a confirmed long trade at point marked with the callout. Trade successfully closed with profit within 11 1h candles. Happy trading.
Signal Info: Metal | Rank: #162 | Exchange: Binance | Direction: LONG Status: Limit Entries Set Analysis: Metal has remained passive since its rapid rush of over 150% in about 9 days back in late September this year. The price returned to the long term flat top wedge. The smaller inner wedge has been broken several times before, each leading to substantial...
Gold is currently in an uptrend channel, and Friday it touched the lower bound of the channel at the 76.4% fibo retrace. There is also a strong hidden bullish divergence of H1 & H4. My targets are the top of the channel (1489) which is also the 1.272 fibo extension, and TP 2 is 1499 which is the 1.618 fibo extension. I will take partial profit on TP1 and put a...
The Nasdaq Internet (QNET) chart has broken out of a descending triangle pattern back in mid-November. It may be pulling back slightly off the 100% Fibonacci Extension level but still worth checking this industry out for potential trade ideas. The following stocks are within this industry & seem like interesting trade candidates. I would have included links to the...
hi guys! it's been a long time since I'm not uploading my idea for you and for me. here it is, this is my idea of XAUUSD. so we got a pattern here, i'm gonna entering my position at the support and my TP at the resistance line of my trend line. so I think it's a good idea to trade when the price is still on the pattern. Good luck to y'all guys!
looks like wave 5 of some cycle i have no clue of which it is is developing
Topped on a red 9, DMI and Stoch RSI are bearish signaling a short term top. Sell or hold this one. Definitely more risk than reward buying right now.
long in levels and follow to target...
Needs to push through around $118, but it might not manage to do that. It has been on a downtrend channel for a long while now. If it doesn't manage to, it will probably revisit the all time lows of around $102...
I'm a novice at trading and this is my first publication. $SPOT is at the trend line, oversold and under the 200 moving average. Seems like a good bounce point for me. Just had to share this idea since I was wondering I didn't see anyone else posting this.
XAU/USD has formed a double top! if 1525 and 1530 hold then the weekly support of 1450 will be hit long term. Yield curve and U.S. market has caused price to fluctuate but the bank's are still gold fixing at a lower rate. China has purposed restrictions on gold imports, thus, a need for more banks and institutions to buy more gold. Institutions will not buy at a...
You ve heard about feds lower interest rate . News and realities are two face of markets! Logically when the interest rate fells down, we expect to increase of gold, silver and other cross symboles of USD but we see the inverse reactions! why? Because of price attraction to powerful money!
Have a look at the main weekly TF chart which shows the price of EURUSD confined in a long term held and respected wedge ! The blue horizontal lines are the nearby support and resistance levels taken from the monthly TF . Several months ago this pair formed a bearish H & S pattern on the weekly chart which was broken as the price started to accelerate downwards...
Copper prices have just broken out of a support level of 2.8495, with the former resistance at 2.9750. The market has completed the advancing and distribution stages, and has just started the decline stage. I expect prices to tank further, as commodities are in large sell-offs these past weeks. The price is also forming a new downtrend, as it makes lower highs and...
Daily RSI shows signs of a small pullback. RSI needs to dip below +/- 30 to buy. Short term price target: $ 120 - or lower. Long term price target: $ 190
Spotify (SPOT) looks has found itself in a pennant/wedge and is poised to move within the next few days after touching down on DTL support and bouncing higher. RSI in alignment. Target: 168