Hello Trader! End of the week pull back may be due. I want to see a lower swing high for another opportunity to sell to the IPDA 20 day low
Hello Traders! We can see AU has been ranging this month. However, I still follow market shifts. The swing low broken and lower swing high was the key factor to price going lower. I would like to see AU take out PDL.
Bitcoin looks like it would like to reach up and touch 48-50k..maybe even a little higher. People are calling dooms day for all markets..dooms day for everything every day, but what they forget is that Bitcoin is one of the only places to store your wealth in these uncertain times. With a world banking crisis, inflation, war, and economic trouble looming around...
My experience and my words only I see that gold will settle the same scenario as the previous year and so on! ❣️ This analysis fails if it breaks the 2075 candle and opens a candle above it for a whole day! We await the liquidity of the sellers whales and decide
Litecoin will in my opinion carry a look like this as we go through 2023 and the start of 2025. I would not expect any high prices or ATH for 2023 but you can expect at the very best 180-200 usd on LTC for 2023. The Early 2023 buy in is 33 usd respectfully. 2023 Summer 2023 TARGET is 180-200 usd Halving is in August 2023 (Results in a sell off before it) Trade...
THIS IS JUST A THOUGHT OF SOMEONE WHO LOOKS AT THE MARKET FROM A BEAR POINT OF VIEW- NO ADVISE Publishing here the history of economics effect on stock market I took the last couple of crisis (bubble at 2000 and the real estate crisis on 2008) and added the bellow charts - Inflation - Interest - Unemployment Once thing is clear- each time inflation went up-...
Hello Traders! As expected today was a dynamic buying day. Yesterday was a counter trend candle. Buying after a down close in an uptrend is ideal.
Recession 2023. we hit 1 of the 2 biggest resistance. The recession is two waves. There are so many facts why we will crash. The dollar needs to get back to dollar dominance with a big deflation. we have no area to grow from here. We need to reset of rates and inflation back below zero
Hello Traders! Still Bullish on AU. Looking for price to run away from down days.
Hello Traders! AU has created a Swing Low. This Swing Low is also higher than the pervious one. This can be signs of the commercials buying!
support line $27900 to $28500, then next 60 days hits $40k regardless, $50k is max by end June, correction in July to $35K then Moon shot to $70K by DEC 2023- Jan 2024.
Hello Traders! We can see price broke the swing high! We need a higher swing low to form to be more confident in bullish ideas.
Hello Trader! Here we can see gold looks very bullish to everyone. Here we can see it pull back and take out a swing low. Could Gold be looking to drop from here? DXY rallY?
Hello Traders! I am still bearish on AU. Unless price trades back up above the swing high and forms mitigation block then I will consider being a buyer again.
Hello Traders! I am still bearish for AU and xxx/usd. The Feds have the highest rate compared to the majors. If there is a liquidity crisis going on in all countries people will seek the reverse currency. Only time will tell.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like and boost so you dont miss the updates.
According to the charts Bitcoin has been moving to the upside pretty aggressively lately. These price points are only speculative and based on probabilities only. Bitcoin could reject these support/resistance trendlines. I have trendlines (solid lines) and strong support and resistance in corresponding color as dotted lines. If they match up and hit the target we...
Hello Traders! This is a daily update. Currently shifting my stance back to bearish.