We are on the monthly chart. It’s telling us that it has touched the support and now is reversing back up. The support is holding up strongly and the 70% on the Fibonacci level is indicating a bullish cycle. Don’t forget the war has an impact on markets so pay attention to the fundamentals too. For more info subscribe to my YouTube channel. COINBASE:ETHUSD
You can see that XRP is trying to break the trend line resistance. If it does we will see price reaching to hit 1.56-1.75 after that creating an ATH For this year and go on a parabolic run. Don’t forget it will have a huge retracement to get out the people investing from FOMO & FUD
I just added a new position in this trade. Got in NAS100 scalp & long term. Overall I feel that NAS will come down in the next couple months but for now it’s still bullish.
Test of the horizontal line if a push to the upside occurs then bullish.
AUDJPY recap of last week's trade and weekly analysis for the upcoming week starting today May 24, 2020 to May 29,2020.
Bitcoin is at the support if Bitcoin falls below look for sells. If bitcoin comes up to 9220.5 look for buy.
Waited for gold to test the support and it did since it did not pass the support it respected it.
This is an update take profit was smashed. Starting next week Monday I will post my analysis with great description so you guys can understand and implement them into your trading. Back test before anything.
I’ve been tracking gold and gold has been doing exactly what I’ve expected it to do. Has been respecting the resistance and support line and because of that I have taken advantage of it and waited for sniper entry to execute my trades.
UCAD has came down and tested but is an uptrend move. I have a couple positions placed but every time it comes down to a new support and tests the support I have placed a couple more. Getting more easier by the day. Stay focused and have a simple trading strategy.
WOWW INSANE BUT I PREDICTED THIS LOL. I'M NOT GOD AND I CAN NEVER PREDICT EVERYTHING BUT THE WAY THINGS WERE HEADED YOU COULD TELL THERE WILL DEFINITELY BE A CRUSH. PLS DON'T TRADE OIL RIGHT NOW FOR YOUR SAFETY. IT IS CRAZY I HAD A TRADE PLACED IN EARLIER ONLY REASON I WAS IN THE MARKET OF OIL.
USDCAD is moving in an upward trend making higher lows and testing new support. I would not go long to the highest point because it is Friday and I don't want to get caught up in between when the market opens up and other factors. Target was previous high with a little push. Now let's see how this baby does.
Gold is an uptrend and each time it climbs up it is testing new support and resistance. I'm expecting it to hit around 1800 but we'll see how it plays out. Be careful with Gold use small lot sizes. Again same as GUSD I have been in gold earlier but I took my profits and started a new trade. Always take your money. You could always set your SL to break even once it...
GBPUSD has been respectful and is moving up slowly but surely. I have taken trades earlier on but I have closed my positions and I have took the new trade at 1.25611. You can’t get all of them and can’t always predict how long it will go but as long as your entry is on point you will eat.
Booked in some profits but expecting it to hit the top Fib