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Parabolic

#Gold - #XAU/USD - Unpopular chart looking at this on monthly we are in the parabolic run, if I have learned anything from trading #Bitcoin this doesn't end well. I don't think we will be able to break above the previous high, we are printing Bearish diversions on the weekly timeframe, sooner or later this is gonna dump down hard! depending on the HIGH of this rally i will target at least 0.705 Fib level for take profit, will keep you posted in the timeline The descending triangle that we have broken has targets of 2076 but I think we will dump first before reaching that target
OANDA:XAUUSDShort
by Bromadic
CRO -Resuming Parallel Channel Uptrend after parabolic blowoff-CRO has resumed trading in its parallel ascending price channel after a brief explosive break out upwards. Unlike the Related Idea below for MCO tokens, CRO has been an excellent buy as this platform offers staking some CRO with an impressive 18 percent yield, add that to the incredible price appreciation we have seen, you are going to need all of that to offset all your losses on MCO tokens. Cryto platform referrals are welcome if my chart helps you make a hard decision in the short term. Referral: 3pfx3etpmk
CLong
by wesmantx05
Apple - Dire WARNING - DANGER ZONEThis post addresses basic cycle theory. Parabolic curves and parabolic trends. Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme. Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play out. In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome. Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded. Please scroll down for accompanying information and examples. Please feel free to share your own examples of similar Parabolic trends and their outcomes. The community would love to collate this kind of information in one place. Happy trading, stay safe. Don't be over exposed.
NASDAQ:AAPLShort
by AlphaWolf-Prime
17
Hyphens Pharma-bigger trend in the making? (warning:speculative)Let me qualify myself first. This is a penny stock and highly volatile, hence do not take this trade if you cannot take the volatility. This stock has the hall mark for a stock in the beginnings of a bullish trend: a base formation that lasted 2 years and now finally breaking above the 0.305 long term resistence strongly on 28 May, hit high @ 0.38 before violently giving way to profit taking. However during the violent fall, it stopped short @ 0.305.A break out of base formation and then a retest of the break out level - classic opportunity to enter near this level with initial stop just below 0.305 (we are talking about a 9-10% Stop loss when entered at this level hence be mindful and do not take undue risk with oversized positions). Volume is still not as high as I would like hence possibility of failure is there. Play it safe and not for the faint hearted! Initial profit @ 0.39 (retest of recent hi) with potential to go higher eventually (trailing stops). Let's see if it works out Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
SGX:1J5Long
by Juliac
ZIL Retracement Price Action Post Parabolic AdvanceZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next. Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely. $0.0173 Level has given the expected reaction already, so if this level is to be re-tested it is more likely than not to be broken, and so would create reason to test either $0.0160, or $0.0141 or both. There is likely to be a good reaction of this level and even a possibility of resumption of the uptrend, but IF broken and closed below, traders watching this pair should look down below. The levels this chart has below the strong median support at ~$0.0150 are around the $0.0121 mark, down to $0.0083. Any of these levels could realistically be revisited and offer a great opportunity to enter, although the latter level is LESS likely. Since the weekly did not manage to close a candle above $0.025, I'm afraid a deeper pullback is in play and therefore have my eyes nearer the lower values. As always, however, watching local levels play out will eventually show us where support is gained and a change of trend will happen. Till then NO BIAS and just watching the price action. Remember that anything can happen, and trading is just a game of probabilities. So do plan accordingly, and trade safe.
ZShort
by Ven7ura
ENJBTC | Parabolic Curve | Trade Setup ENJ BTC Points to consider: - Respecting the very bullish parabolic formation - Testing structural support - RSI above 50 - Below average volume - Price respecting and trading above 21 EMA ENJBTC retracing to test structural support after an impulse move to the upside Currently respecting the parabolic curve and trading 21 EMA both serving as very bullish indicators RSI also above 50 and forming a symmetrical triangle, a break to the upside will support the bullish bias Below average volume is an indication of an influx being imminent, this will also coincide with the possible breakout Next target will be the .5 Fibonacci retracement in confluence with structural resistance
Long
by CryptoInsider009
1