In this technical analysis I will go over all the most important horizontal zones for Gold and explain what you need to look at while the market is closing over the weekend. After a lot of news about the elections, and then the Pfizer vaccine news, the price of gold has moved a lot and showed great volatility. This creates fantastic opportunities for traders,...
Hey everyone. I hope this finds you well. I apologize for my abscence recently, but I hope you have been able to pull a profit without me. Anyway, he is the trade setup. Although btc is incredibly bullish, LTC seems to be lagging just a tad. From my wave count you can see what looks to be a nice 5 wave move, where must fib targets were hit spot on, or just a...
Within technical analysis you use indicators and price action to determine what the next most likely move of an asset is going to be. I love indicators, but I love price action even more. It works for me, it's simple, it's clean and there isn't too much hocus pocus. The downside with price action though is that you need to be able to observe price action in...
In this technical analysis we are reviewing the price action on Bitcoin. The bull flag is a very powerful signal and I will be explaining how you can trade it. Both flags and Pennants are quite similar to each other and have proven to be powerful chart patterns in technical analysis. They are considered 'continuation patterns'. First of all, it is important to...
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this post, I'll be discussing the current situation of the US presidential elections, and the market outlook depending on some of the probable cases. Election Results - To begin with, the...
In this idea, I will walk you through the three phases that Ethereum is going through right now and explain you why you could enter a long position that will yield you a safe 16% return. Phase 1: Strong Correlation. We see very interesting behavior in this area when we compare the price of ETH/USD with BTC/USD. Both assets move in an almost 100% correlated...
due of the US election , BTC tuch $14500 And created a better time to sell . This was the highest impact of fundamental analysis on Bitcoin in 2020 .
The past 48 hours have been a wonder for this precious commodity against the greenback. However, price dropped heavy back into the 1890 and below range during the Asia Session to peak back up to 1908 during London. Now in the list of the overlap between London and New York I wonder what today holds for GOLD. Seems the election results are having a great effect...
Good afternoon traders EURUSD is setting up for more potential bearish momentum. Let see what happens! As always, keep your risk managed! Cheers :D
Good afternoon traders Was just browsing the charts and noticed this nice little mean reversion trade on the USDCAD Keep an eye out for this one! As always, keep your risk managed! Regards :D
Price is currently rejecting at an interesting level on the daily. An FVG has already been filled and anticipate more buyers to come in as we head towards elections week on Nov 3. Keep an eye on and be ready to pertake of this pie.
Monthly Bullish triangle Breakout and need to be retested. Weekly Now price in Wave 4 correction. But when breakout will be confirmed price goes up. Correction reqired to approve breakout According to RSI correction end at 23\11 and least till 14\12. Daily Downtrend Lets wait for pirce loosing steam, confirms breaokut. I will open long after ar ound 11 of...
looking for strong bounce after elections.
This is my view on the bitcoin price for the medium to short term. COINBASE:BTCEUR
Since 1928 the stock market used to correctly pedict the outcome of evey presidential election based on the peformance in the 3 months leading up to it. If the market was up in those 3 months the incumbent party would win, if was lower the incumbent party would lose. This methodology had correctly predicted 87% of the time.
EW analysis shows that $work is working on a a wave 3 sub formation (yellow) within a larger wave 3 impulsive structure (white) that started back in march. Its hit the technical levels perfectly. The algos are in play! On a shorter time frame, the Andrews Pitchfork shows a beautiful bounce off the bottom of the channel, with and 80% chance the price will approach...
I expect a new collapse after US elections (No Trump/No Biden results, BLM and other incidents) and new COVID pandemic in 2021. Sell SPY now and more high price Buy levels on the chart Max profit 25% Stop-loss if break RSI divergent Take care of yourself !
iShares Gold Trust (IAU) is a passively managed ETF that seeks to match the movement of the price of gold. It provides an investment vehicle for gold by backing shares in the ETF with gold bars held in trust. After a steady recovery from the trough of March 20th, a trend reversal starting on Aug 5th manifested as a descending triangle (or perhaps a large pennant)...