peterbokma

peterbokma

Some days back I have been suggesting a sell of GBPUSD. This is a further update on the SHORT sell strategy GBPUSD. we are in a small uptrend channel, and the current support is 1.3736. The Stochs and MACD are still in positive territory, and we have wide BOLL band. The latter suggest sell into rally. The 5-Day MA and 14-Day MA are still positive as well....

peterbokma

Even though I am a medium-term seller of BTCUSD, the short-term picture suggest we may see higher. The inverse Shoulder Head Shoulder pattern witnessed, suggest that the break above USD 50,718 should translate by a USD 27k (rounded) increased price short-term. In other words, for those interested in short-term play, buy in to pullbacks above USD 50k for a profit...

peterbokma

Since we see OIL moving lower in our SELL Oil strategy, the USDCAD very likely will move higher. The weekly chart shows clearly being below the DARK CLOUD cover, but as observed it has been for some time. The STOCHS are showing that we may turn the tide, and MACD seems deceiving showing a SELL SIGNAL. The good thing about technical indicators is, never look at...

peterbokma

Oil has had a good run up for months now. Looking at the weekly oil-chart, and the channel drawn and using a few tech studies on hand, I get the feel that we may see a good correction coming up. The top of the channel is near $ 90/barrel and the support of the channel is currently $ 68.71. The weekly RSI is 72.0 starting to become quite overbought, and adding a...

peterbokma

The level is increasing by day for many months and weeks now. My previous write-up has not changed. In fact, when markets are overdone, they usually run a bit further. After all, we are looking at a medium-term short, and now we are breaking carefully the last high, which was USD 910 (rounded). we may see a spike above it, for the reason it usually does. The...

peterbokma

The daily chart currently shows NEW MOON, indicating a move lower in time. Further, the stochastic is negative, and we are at the top of a regression channel. Sell strategy @ 1.3800 current and stop loss 1.3888, or above 1.3900 (depends to your pocket), and profit objective 1.3600 handle.

peterbokma

Looking at the DAY-chart, it appears that we start to have good reasons to sell ETHUSD at current market levels. The RSI is 70.0 and we further have a NEW MOON, which is the concept of financial astronomy, indicating a decline may happen soon. The weekly-chart (for you to study) also show potential negative divergence, and suggests a much stronger decline is...

peterbokma

The market is still willing to bring the Bitcoin higher, however, there should be extreme caution now. The RSI is much lower currently compared to a previous registered high BTC USD on 12th April 2021, which is negative divergence in development. We are attempting to break beyond 67K, and if so, it will move above 70K. The most likely strategy is, to sell at...