Double-Edge-Trader

Double-Edge-Trader

Making use of the rectangle feature and fibs to create some golden ideas

Double-Edge-Trader

Gold is at a very interesting level and has presented some juicy ideas. I have located a few Supply and Demand Zones, key structure levels and fibonacci retracements to generate trade ideas with a decent Risk to Reward...

Double-Edge-Trader

Charted some zones on the 4 hour time frame and refined entries on 1h. Limit orders can be placed at some of these levels. If at the screen, then best to wait for Price action confirmation. I usually draw the reversal trade, if the original trade idea is stopped out. Trades in the deeper half of a zone, offer higher RR and best to trail to further targets....

Double-Edge-Trader

I have performed analysis on GU, using key support levels and Fibonacci targets. Rarely does every trade go to plan! But price action signals in these areas will be of great interest this coming week...

Double-Edge-Trader

Price is approaching a key level of this swing. We may get a push down if the dollar gains some strength. Two possible set ups

Double-Edge-Trader

I will be aiming to trade GJ back up if it reacts to the Demand zone below. One set up is a more conservative 3r and another more aggressive 15R set up possible

Double-Edge-Trader

Price has moved down to a Strong Demand Zone. This has previously been an area where buyers have stepped in to move price up. This swing has the potential to return to the top of the swing. Huge RR on this set up. IF it moves right, multiple positions can be opened on the way up

Double-Edge-Trader

Great volatile times for crypto. Worth taking a few big swings during this period. A 70% gain looks possible from here. Good RR

Double-Edge-Trader

Still awaiting for this Monthly candle close in a few days, In the meantime, I have highlighted the pattern before the huge crypto dump in 2018 and you can see it is almost identical to the pattern formed on the monthly chart over the last few months. In 2018, We had a huge hysteria kick in and everyone thought BTC was going to a $1m but then we had a bearish...

Double-Edge-Trader

This uptrend will end sooner or later. We approaching a strong sell zone and may see a decent sell off from this region.

Double-Edge-Trader

Here's a possible scenario for a BTC short. Good RR available. Price may break the trendline, re-test and go higher. Let's see what happens

Double-Edge-Trader

AU is currently ranging between this downward channel. I have highlighted some possible trading zones, as long as the channel remains in tact!

Double-Edge-Trader

A possible 1:5 short opportunity on the Dow Jones. Last week a strong supply zone at the highs and we may see a sell off. The RR makes the risk worthwhile

Double-Edge-Trader

If we analyze the Monthly Bitcoin chart, we can see the first fibonacci target has been blasted through. However the Monthly Candle is now hovering below the target. With still a week remaining of January, it will be very interesting to see if the Monthly close remains below the fib level. Unless the bulls decide to step back up, the outlook is very bearish -...

Double-Edge-Trader

I believe Gold will reach a new All time high this year. Here is a possible route using Buy/sell zones and Fibonacci retracements

Double-Edge-Trader

So we have had some strong selling this week and I think the bears are gaining control. Some very bearish signals combining with strong supply zones could mean a drop towards the $700 region. The main cryptos seem to have run out of steam for now and the big boys will look to buy more at a cheaper rate. Let's see how this play out

Double-Edge-Trader

We are approaching a key level and may see a push up to re-test the weekly supply

Double-Edge-Trader

Will see how the market opens and behaves before entering this trade. But a very good RR available