Weekly plan Gold ( 30/9 - 4/10 , 2019 )I like in S2. path ( see Left chart ) and L2. path ( right chart )
Only wait matket flow to which sides , I only ride with market direction after confirmation.
Weeklyanalysis
Weekly plan Gold (23 - 27 September 2019)wait till market open again. i will post new idea.
On last week I buy bias all week except Sell scalping ( you can see old idea )
and next week I still buy bias too but I have second plan in sell too if sell criteria matched. ( if Gold can't break red zone of Left chart )
FYI
Theo
LTC/USD first Bullish signs after halving, going for $250?Welcome fellow Tradingviewers,
This analyses is only showing you guys my vision on LTC and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like!
We have taken a close look at the LTC/USD and LTC/BTC graph. We have seen huge gains in the beginning of this year due to the block halving that LTC went through. We caught some great moves including the trade all the way towards the $140 area.
Since then LTC has been having a hard time in BTC and USD value, we have made a 50% correction in USD terms and a 66% correction in BTC terms.
We have opened long positions on both of the pairs and secured a big bag for the long run. We have bought LTC at 65, 67.5 and yesterday at 69.75. The reason behind the trade is that we are now approaching and possibly bouncing from weekly 50MA , which is the moving average that has not been retested since the break above.
LTC/USD might also be making a big Cup and Handle pattern on the weekly graph. The Cup and Handle pattern is a very reliable pattern. Therefore we will add to our bag as soon as we see a breakout of this cup and handle.
LTC/BTC is also starting to show the first bullish signs after a 66% correction. We are currently trading around the weekly support level and we the last weekly candle has closed as a Hammer candle.
Hammer candles are usually located after a significant downtrend and indicate a trend reversal is near.
So overall LTC is looking very bullish, targets in USD terms for the short term are $100, $120 and $160 but we believe that there is a pretty high chance that we might extend all the way towards $250 . We will ofcourse update you guys on the way.
If you have any questions or comments please leave them below or send a message to @forallcrypto on instagram.
Safe trading to all of you!
Kind regards,
The Forallcrypto team
Swing short on Bitcoin from 12,000the only best setup i am looking at this one, at the current price i am not able to find us good R:r trades with us being hunted on the wicks.
(Looking for a retest at the 105 level on smaller timeframes)(Looking for a retest at the 105 level on smaller timeframes)
Bitcoin important weekly closeHello everybody! I am back from vacation and decided to share my thoughts on BTC/USD pair. (*Going to do more on other pairs too.*)
Bitcoin needs to close above 11490$ on weekly to get a chance for 16000$. If we close below, which I believe is not likely - more consolidation and decision time might extend for at least couple more weeks. Only weekly close below 10700$ would invalidate this wave count and btc would likely head straight to 7-8k zone.
I studied BTC price action for years and what I noticed that wave 2 or in this case wave (II) has deep correction. As you can see, wave 2 retraced 0.786 before 3rd wave kicked in. This move is very impulsive and this time 0.786 should not be touched. Fib 0.618 should act as support on weekly (volatility might get us lower to catch more bears and panic sellers).
Stoping at 1.236 with decent volume and big spike would offer good spot to short or at least sell and wait for better price to re-enter. I will be waiting for 0.618 to finish II wave. After that - party will really start.
****In long term I am very bullish eyeing anywhere from 110k - to my original target of 350k. All depends on how aggressive and steep is price action.
** This idea is NOT A FINANCIAL ADVISE.
BITSTAMP:BTCUSD
$BTC in a Weekly Bull Flag since April 2019? Target $18k in Oct!Hi everyone,
Here's another update on Bitcoin on the Weekly Chart!
After completing the flag pole in June, Bitcoin may be in the process of completing the bull flag structure as it continues downtrending to $8.5k.
A simple extrapolation target of this bull flag sets Bitcoin at $18,200 in mid-to-late October 2019. This is inline with our ultimate EOY target of $40k per Bitcoin.
We all know how Q4 tends to be the most parabolic and bullish season of the year, particularly November and December.
Let's see how this plays out!
Cheers,
Leb Crypto
potential trade setup: GBP/JPY analysis135.50 has been a key area of support with weekly rejections around this region, an inverse head and shoulders pattern could be formed around this region before reversing and extending higher towards the 138.000 weekly barriers.
-message me privately for signals and questions
US Dollar Currency Index / W / Weekly Forex Analysis / 6.30.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 30th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, we can see the DXY ended pretty mixed last week. Going into this next first week of July 1st, we will be looking for the Dollar Index to make a move from its current state of indecision. Couple of scenarios could play out we could see this indecision play out a bit longer, or we could see some follow through from the dollar. Currently on the DXY we are watching the 96.493 and the 97.465 areas for resistance. And watching the 95.662 and 94.635 areas of levels of previous support. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURJPY Weekly OutlookEURJPY is struggling currently to breakdown and head to the the level of 99.543.
GBPAUD Weekly outlookHi guys, GBPAUD seems to be forming an ascending channel with a classical bearish divergence. So now either it will stay in the channel for some more time which is likely I think or it will break it now which has a very less chance
GBPCAD Weekly OutlookIn the weekly frame price seems to be correcting the whole impulsive leg in a flat structure. Currently we are in the B part of the flat. For those who have not positions in this pair try to look for pullbacks or corrective strucutures in lower time frame to join the bearish trend
US Dollar Currency Index / W / Weekly Forex Analysis / 6.2.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 2nd, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, overall the structure still remains pretty bullish as long as were above the 97.465 support and resistance area. We also had the talk of additional tariffs going against Mexico, which could certainly trigger this to move upwards towards the 98.687 resistance area. If we break above the 98.6 area look for the next target area which would be 99.451 support and Resistance zone. If the DXY starts to lose momentum and turn bearish by losing the 97.465 area, we would be looking for a retrace back to the 96.493 region.
US OIL Weekly OutlookThe chart of US OIL is very clear, based on it's weekly structure it should fall down to the lower level of the triangle. Look for pullbacks or corrections to enter short position
AUD/USD Weekly Potential bounce $FXAI don't trade much Forex but this looks like a good buy for a trade that can last a few months. I also see Australia just had an election this weekend so that could have an effect on a reversal. The time bars are to see how long the price can hang out at a level before it takes off. In terms of options there's an ETF $FXA that has extremely cheep long term options right now that follows the AUD exactly. December $73 calls look good.
The BIGGER PICTURE of CADCHFSo guys, here's the weekly outlook of Canadian/Swiss Franc. The structure tells us that price is contained in the channel, so this confirms that the next leg is gonna be bullish one and then so on...
wabi/btc is getting ready to fly ! (buy/long)according to my analysis wabibtc will go up from this level because it is at strong support , retest of symmetrical triangle , support of 40 ma . now just wait for a bullish reversal candle and take a buy trade till recent swing high in weekly chart .
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disclaimer : I could be wrong please take trade at your own risk .
Long Term Direction GBP/USD? Weekly Head & Shoulders Fib RetraceI have mapped out this clear head and shoulders pattern on the GBP/USD Weekly timeframe. We can see I have placed the neckline in so we know what sort of area we want price to break to confirm this new downtrend. I have also placed a fibonacci retracement in from a significant high & siginificant low. We can see price has been rejecting the 38.2% level which suggests that when this price moves it will be aggressive to the downside. Very interesting also that the target level for the Fibonnaci is also bang on a key are of monthly support (1.20000) I will be personally monitoring how this pair reacts in the up coming weeks to key areas.
GOLD: Preparation for the week! Looks very BULLISH!OpportunityHey tradomaniacs,
welcome to the weekly outlook of GOLD.
Overall we still see a correction between two very important price-levels.
We can consider that the market does continue the rally unless the stock-market climbs aswell.
Sentiment:
What we`ve seen is a changing cash-flow out of Gold into the stockmarket even though the volume is very very low.
This almost flat-type-correction in form of a falling wedge which retraced almost 38,2% of the impulse is actually a joke compared the price-run of indicies such as SPX500.
But still... we see very low volume and probably a fake-rally.
Anything else I want to say is shown in the chart!
What do you think will happen?
Have a great start into the week! :-)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
XAUD WITHIN RANGEAs You can see Gold respected its resistance and came in its range box.
It will probably stay in this area for some time.
BTCOIN and WHAT we NEED for a BULL-RUN!#OverviewHey cryptoheads,
welcome to antother analysis of Bitcoin.
In this chart we keep it very simple and look at the price-action, time-cycles and commin indicators.
All I want is to make sure that you guys don`t freak the hell out and buy the peaks.
Stay calm and rational in order to make good decisions.
In order to see a wealthy uptrend we need to see the folowing things:
1. S&R-Flips of Trendline and FAN.
2. A cross above the respected 50 M/A.
3. A strong bullish Time-Cycle
4. Higher Highs and Higher Lows
Everything else I wanna say is indicated in the chart.
Good Luck everyone. Let`s hope the King is Cryptomaniac has recovered. :-)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
