XAUUSD - 5M - Will history repeat?If you think history will repeat, Please put your answers in comments and let's see by end of the day.
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GDDY cup and handle formation Day trade for Tuesday June 15.Technology sector has had a week of strong relative performance. Momentum indicators in full swing, 1 hour charts show bullish candlesticks until close with increasing volume. Stop loss at 83; target price 88.
XOM is going to XOOM (along with the entire sector)Oil plays are set up right now. Beautiful cup and handles. Bounces off the trendline and just launched off the 20 SMA. Lot's of resistance ahead, watch for a volume spike to get through. Give it some time. (3 months). Oil go Xoom.
BTC DOMINANCEThis is just educational post about Bitcoin dominance. It might performing H&S pattern. Volume is declining from left shoulder to the right as it supposed to by the theory. If is valid then it should decline all the way down to 37%.
If it so, it could mean ALT SZN!
What do you think?
61.8% recovery ?MATICSo from looking at the MATIC / BTC charts we have already done a 50% recovery from the bottom but I think we may see 1 more leg up to the 61.8% fib level before another pullback occurs. This is not a guaranteed leg up so I am watching closely to see where we go but it can turn downward very quickly considering the bearish flag forming in bitcoins hourly charts.
This is not Financial Advice so please DYOR before investing into cryptocurrencies. This is a very volatile market and no place for ignorance unless you want to give you're hard earned dollars / fiat away to other people who took the time to educate themselves.
Thank you everyone for all of you're support it means alot to me and for those of you who have not followed me please feel free to smash the like button / follow in order to continue to get daily analysis on BTC, MATIC, ADA which are currently the coins I am spectating at this given time.
As always,
Happy Trading Traders & Never Trade Leverage!!
Can this be the head and shoulders we should be following?People are looking at a small head and shoulders, but what is it is a 6 month head and shoulders
MATIC AnalysisI do believe we are headed for a 50 - 60% recovery then we should see a small pull back and then I believe we will start to form a fall wedge then a breakout towards the recent (ATH) and pretty much into a new uptrend and back into the bullrun.
This is not financial advice only my opinion using strategies and tools that I know in order to produce a analysis of my own. If you are new to crypto I recommend DYOR , Learn TA & NEVER TRADE LEVERAGE!
If you like my TA, Drop a like / Follow I appreciate the support.
As Always,
Happy Trading Traders & NEVER TRADE LEVERAGE!
ETH/USDT TAHello,
Here is my TA on ETH / USDT chart I mentioned the buy zones as per on supports if Crypto market crash as per Fib Retracement, Elliott wave, and Head and shoulder indication of downtrend.
WOW....DOGE LOOKS LIKE ITS COMING DOWN FOR MOON LANDINGWHAT DO U GUYS THINK? Is DOGE gonna land hard going down with this daily head and shoulders pattern? if i did the technicals correctly we are looking at a 21 cent DOGE very soon as it looks as if it has broken the neckline, this could be a huge 25% drop/landing bearishly down down down, if im missing something please leave me a comment, if u agree please leave me a comment, if u disagree please leave me a comment, im sorry but i think that doge and possibly bitcoin have topped out and correction is further due, but we know "BUY THE DIP' and lets get rich, i hate to be a bearish of bad news but if this plays out then elon musk is about to lose 1/2 billion dollars lol sorry elon, maybe you should of not started this bear bearish correction huh? well enough said, u see the chart? it speaks volume but to the downside.
SHA256BITTRADER WOW......WOW.... WOW... HEY DOGE COMMUNITY I KNOW THIS WILL STING NOW BUT U WILL REAP THE BENEFITS WHEN IT TAKES OFF AGAIN TO MARS WITH ELON NEXT TRIP IN SPACEX!
XOM Cup & HandleAs seen in the chart looks like XOM is setting up for a nice run-up based on cup and handle and not breaking support lines. Looking for this to pop next week or two. Also, like how MFI is showing oversold and looks like MACD is starting to converge; possibly setting up for crossover.
ADA UPDATE TREND ANALYSIS!! <LONG><TERM>So from what I can see on the 15min time frame we are indeed going to go up for a bit I think we may reach the 78.6% resistance line before another short pull back occurs but anything can happen with all of the instability going on with Bitcoin and all of the scarcitty in the markets right now in general. Proceed w/ Caution and take profits accordingly because you never know when a reversal is coming considering ADA did sell off past the 61.8% support on the daily chart which is usually a #1 indicator the trend is over.
This is not financial advice only my humble opinion on what I see with the tools that I know for trading.
I have been trading for a few years and I do like to think I am pretty profitable at it. I learned from a lot of BIG losses and never aloud the losses to discourage me from learning more and more. I still study everyday on new strategies , new indicators & ALWAYS pay attention to the fundamentals of today's world it effects the markets more then anything if you ask me.
As always,
Happy Trading & Never Trade Leverage!!
ADA HITTING 61.8 SOON THEN PULL BACK DOWN.So I believe ADA should stop soon and reverse and head back down so take profits soon were the red cash symbol is then buy back @ green cash symbol.
GOLD BUYS
Please like and comment as it pushes me to keep creating content on pairs and my bias on it :)
-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
SHOUTOUT FCI & PIPTALK
ALREADY IN THIS TRADE AND PRICE HIT TP1 , daily structure bullish , h4 marketflow bullish lets see where price goes ! , entered this trade on the M1 but looking to ride it and hopefully have it turn into a swing as all timeframes are pointing bullish
ADA ON TRACK FOR 50-60% RECOVERYFrom what I can see on my chart in the 15min time frame and the hourly time frames we are looking at a 50 - 60% recovery before another short-term position takes place.
This is not financial advice please DYOR before investing into cryptocurrencies this is my personal opinion on my own Technical Analysis and I never claim to be 100% accurate I only use the tools I have learned over the years of trading to try and get a good analysis.
As always,
Happy Trading & Never trade leverage!!
TrxUsdUpdate ...
The red area is a very good support range for this currency, the probability of hitting a return pattern is very high..
GBPNZD-1H-Waiting for long Hi guys;
On GBPNZD we are seeing a nice break so we need a nice retest after that we can enter to long position for 220 till 230 pips profit.
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Gold Cup&handle (most likely aggressive bull) Beautiful cup and handle formation on gold today. if 1800 broken, possibly explosive rally to upside
Short / Long position on the xrp forcast.So according to my chart analysis we are going to be looking at 1.17 - 1.26 for Buy back position then we should start heading back up to retest the high. I would buy at these targets and HDLE strong until around $2.00 or so.
