Comments on the post will give you an idea on what we looking towards
Hey guys, so a week has passed from my previous post of analysis and things so far are going great, steady but great. Still keeping my previous analysis in place now I head into the 4H to have a closer look as we have a long term vision already. As you can see, we have formed a new trend on 4H marked by the yellow dots creating highs and lower highs at different...
As I have mentioned in my previous post with the tricky movement of US30 in getting long-term direction. The H4 timeframe gives us a steady uptrend that has been forming but not categorized with major movement so if you going to trade it, be extremely careful. In this trend we have 2 support trends, the main one(thick yellow line) the fake one(thin yellow line)...
HI All So, US30 is quite a tricky pair to trade as of this moment. As you can see from chart there is a 'clearer' picture of 2 possibilities on the weekly chart in terms of getting a long term direction. However what we need confirmation of now is whether we breaking upwards to our higher high or are bears going to succeed in pushing for a new lower high. Check...
Here's a mini video just summarizing what we could be looking towards with Nas, movement could last up to a year for full completion however I think having this knowledge at the back of the head will be advisable to better understand what's happening For now, we looking at strong selling opportunities, because we anticipating pull backs. but our golden eye will...
Much is yet to happen here, I wouldn't suggest anyone to jump into this trade without more confirmations. I see high possibilities of a pull back to previous support the bushing back up to go finish movement to the monthly trendline. Alternatively the pullback could break back into the old support before the push back up. For scalpers and a few day traders: go...
Here's my take on the movement of Gold, we finally broke and returned to trend line from our long term buy however theres a strong rejection for the buys from smaller TF to bigger one's, the movement played out as I was doing analysis as you'll see I had to change entry a couple times.
This analysis was done about a month ago and we killed the sells as projected. Anyone who has been following this sell would have had extremely good profits. Thanks guys. Trade cautiously
On this week's cover of XAGUSD, I see a lot of buy opportunities for this pair. As indicated on the graph I have 2 possible good buy zones Buy Zone 1 (25.3-25) Trendline Should the pair not break the trend line then I'm looking at a buy entry at 25.3 but with a small false breakout then I'm looking at an entry of 25.0 Buy Zone 2 (24.3-24)Rectangle In this...
As stated on the Graph, we have 2 possibilities that will prove to be very profitable for us Possibility 1 A Break of 1800 then we will be in a good buy position to 1910. Possibility 2 With a rejection of 1800, we will most likely take the direction of the trendline and go for long sells making 1675 the target. For smaller account holders, I would suggest short...
I did this analysis a while ago and the pairs is still moving beautifully. Will continue holding till TP. For more insight on analysis check the analysis on the graph link attached
Ok, In pure technical graph patterns it seems like we have an Ascending Triangle. As you can see its been rejecting to break our resistance at 13800-13900 area, with a few false breaks in-between. However, Nas has been on a bullish trend for a while but if the resistance keeps strong then we will see Nas falling to the 13600 region which will be our entry for...
Market hasn't given enough yet... we will have more confirmation later on
This is just a quick update and reflection on a trade I've been holding since 5 May.
Immediately someone will ask, "why trade against the trend?" I think it's exhausted its bulls and now we possibly looking downside. however, for this one we just need to wait for a break in the main trend then we can definitely go for it
There isnt much happening here, we could attempt a small sell to 34172 to establish if we could have a sideways trend a bit however check my next analysis on US30 to see a potential big sell
I've been monitoring the horizontal trend silver has been on and I think It has had enough of it and now I'm waiting for a break in trend and resistance to solidify the buy at 29.2. TP points have been given too With the dollar also been gaining good strength and fundamentals upcoming... bulls have the upper currently