Cracked through the floor and about to do a Wave C. Awaiting divergences for exit. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is...
UK100, 15m Sell Entry - 7192.8 Stop Loss - 1207.4 (14.4 pips) Take Profit - 7152.8 (40 pips)
It appears as though GBR is displaying some bearish indicators coinciding with a price decline into a descending channel. The Williams Alligator is showing a bearish cross and the bands widening pointing to the downside showing bearish strength.
$GBR Target 14.16 for 71.84% Or double position at 2.32 Let's try this one again... 😜 Higher risk... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your...
$GBR Target 14.16 for 71.84% After-hour push to the finish line?? Maybe... I guess we shall see. ☀️
$GBR Target 14.16 for 71.84% Or double position at 2.32 Am I the only one who see's this one?? Low(er) float. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am...
This spec Oil name New Concept Energy, Inc. (NYSEAMERICAN:GBR) hit a new one-month low yesterday and started to bounce off of them. This should continue next week and we could see a very sharp recovery. GBR was a high flyer later in January. Currently is a good stock to trade, not for investment.
$GBR Target 14.74 for 67.12% Be careful with this one... it is for my reference and I do believe it will hit my target but I am not your financial advisor. My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. GL
Since my previous post on GBR, we've clearly seen the price breakdown from what appeared like a bullish pennant or potentially a bull flag, but the bearish divergence was/is too strong... Currently, it appears as though the price is breaking down from a bear flag with a head and shoulders pattern noticeable. I have placed a blue human head and body icon to...
GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020. The RSI looks like it's trading in a Descending Channel. The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading. Noticeably the price has broken flush to the downside of a...
In blue it appears as though GBR is trading in a bullish flag, but looking at the RSI there's a noticeable bearish divergence, meaning, the price continues to rise but the RSI is declining. On the KST there's been a bearish cross where I have the blue finger icon pointing down.
GBR has seen a parabolic 3000% gain & more since 2018, very odd considering Gold is only up approximately 70% in a similar time frame. I guess gold miners & gold don't necessarily correlate 100%. GBR appears to be trading in a descending channel, and on the RSI there's a noticeable double top / Head & Shoulders, where I have placed the blue human icon represents...
Price target of 50c. Gold is in a descending triangle as well, so when that dumps don't look down! EOM!
Linked to this post is a 5 day time frame which indicates a top is near with this H&S pattern. Maybe one or two pumps left & then a deep dive down into the bre-x abyss!
There is a very fast trading option at GBR. This is pulse trading. In this case, we are trading relatively short moments or breaks pulses. The exchange rate is currently in the correction phase. We are at the beginning of a triple downward wave structure. so we wait patiently for as long as the exchange rate is around the US $ 1.5 level. This is the target price...
You know that old crypto saying: "Litecoin is Silver to Bitcoin's Gold". Well now 'Gold is Silver to Bitcoin's Sound Money Supremacy'. Well in price ratio terms it is. I know I'm not comparing apples with apples, & for the purpose of not embarrassing Gold's post crypto performance any further, it's probably best I don't. But in terms of available supply, there are...
GBR has broken the uptrend. I'm expecting a pullback before the next wave down.