GOLD UPDATEThis is an update on gold, price went to exactly where we wanted to the bottom level and now we go flying to the moon. Hope everyone was able to get some pips on the way down if not then theres plenty of more pips on the upside. :)
Wicksdontlie
GBPUSD - Broken trendline and rejection wicksIn my eyes you can catch some nice pips with this move..
I hope you like it.
Thankyou!
Back to the highs and beyond EURCADFollow the wicks and get your eyes on the next S/R as targets, expect new highs to be print
DAILY CHART downtrend before continuing to upsideBEEN A LONG TIME
hope everyone is safe
i send my energies and love
im anticipating GJ to go down passed the level i have marked off
before we see any potential rise
with all the chaos oing on in the world right now
and this consolidation that has been loading for a while
i hope for us to see some nice downside entering into next week
few indications have led me to this conclusion lets see how it plays out
EVIDENCE OF MANIPULATION!THE LAST TIME WICKS OF THIS NOMINAL SIZE OCCURRED, BUYING HAD BEEN BANNED (FOLLOWED BY BUYING LIMITS), THE VATICAN WAS SHORT SELLING THEIR METALS RESERVES TO SUPPRESS THE PRICE, AND THE CURRENT FUTURES PRICE SUPPRESSION MECHANISM WAS ESTABLISHED!
Why The Ethereum Upward Trend Is Just Beginning!Even with the recent decrease, the long-term ETH chart still looks bullish. The price created a double bottom (bullish reversal pattern) on September-December 2019 at ₿0.0175. The pattern was combined with significant bullish divergence in the weekly RSI which was also at its lowest ever level. The closest important resistance area is found at ₿0.037.
As long as the price stays above the ₿0.0255 support, its long-term trend is considered bullish.
Now, the daily chart admittedly raises some bearish concerns, which however are yet to be confirmed. There is a lack of strong bounce from the price which is especially visible in the reduced length of the long lower wick. As is shown by the horizontal white and blue lines, the daily close of the first bounce was higher than that of the second one, a sign of weakness.
A daily close below ₿0.0254 (blue line) to me would confirm that we are heading lower. However, the price found support above it yesterday. The daily RSI also aligns with this view, since it is staying above 50. So, a price decrease would also cause the RSI to fall below this line, confirming that we are heading lower.
The hourly chart outlines our final trading range. We can see that the price has fallen below the middle of the range, but this did not initiate a rapid decrease. It is likely that the price will reclaim it soon, after possibly bouncing on the support line one more time, and head towards the range high.
TLDR - As long as the price does not close below the horizontal blue line (first image in the comments), it is likely to head upwards and eventually reach ₿0.037.
BTCUSD BUYS POTENTIAL 200-900 PIPS Price has returned back to our Jan Demand Zone.
Last time price was within these levels, we saw a huge rally to the upside for hundreds of pips.
Lets see what the bulls have in store for us!
USDJPY SELLS POTENTIAL 30-100 PIPSSell Trade Continuation from earlier this week.
Last week we saw huge impulsive move to the upside, followed by the same move on the drop.
Was able to catch 185 pips in 3 days, exited trade.
Looking to see if I can catch another entry for a small intraday trade.
XRPUSD BUYS POTENTIAL 100-500 PIPSGot stopped out yesterday looking for buys. Hella manipulation I got stuck in. Price is a nice zone where we rallied for 300+ pips a couple weeks ago.
Looking to see if the market is going to have another cycle like that this week & see if we can capitalize!
HTF looks like potential W pattern is forming!
USOIL CONTINUED BUYS POTENTIAL 300+ PIPSI missed this trade however have actually have it marked since I had my USDCAD marked.
I am in a UCAD sell for 2 weeks as OIL tends to be an inverse correlation.
I got stopped out originally and never followed the trade to enter.
Price is HELLA bullish and don't see it slowing down yet.
I am more importantly waiting to see how price will react in the blue zone or my yellow daily zone.
EurUsd Short 1/6/20EU is not my favorite pair to trade but i see a long for sure, seeing a trend and finding balance before seeking liquidity to the downside
AudChf Short then Long 1/6/20Got some liquidity to the upside as price is approaching a daily demand zone. identified core. I still see more room for downside where price will break through demand zone
AudUsd Short 12/19/19Man i havent posted in a long time, thank you to my followers. AU has been in this set up for 2 weeks now, i understand that its the end of the year but it needs to get a move on and seek that liquidity,
USDJPY POTENTIAL SELLS THEN BUYS ANALYSISWassup Forex Community, #ForexFargo checking back in!
Dropping yet another DETAILED BANGING ANALYSIS.
Please refer to the chart and look at the multiple confluences.
GBPNZD POTENTIAL 150+ PIPSWASSUP YALL, #FOREXFARGO CHECKING BACK IN!
PLEASE REFER TO CHART.
NICE SIMPLE PLAIN AND CLEAN ANALYSIS.
LET ME KNOW HOW IT PLAYS OUT!!!
Cadjpy Long then Short 10/7/19Cadjpy really moves in an odd way, im sure it will go above the resistance level above, hang out for a bit then head on down
Gold Short 10/3/19So here is an update on gold. i think it will go short to seek liquidity to the downside, SL may get taken out from NFP 10/4/19 before heading down. My fundamental analysis says USD strength
Gold Short Potential 200+ Pips Looking For Gold Shorts around 1520 area.
"There must be buyers, in order for there to be sellers"... so with that in mind, I am factoring in the fact that Gold dropped 300 pips yesterday.
AS OF TODAY, Gold had seen price wick down toward 1500 before USD News release came out today before making a small rally.
Tomorrow, we will have more News release however with the Fed Member Quarles speaking, I believe we are in for yet another huge drop.
When price enters my zone around 1520 or blue trading bubble, I will be looking for entries as follows:
SELL LIMIT @ 1520.50
SELL LIMIT @ 1522.50
SL 1525.50 (WILL RE-ENTER IF SL IS WICKED OUT)
TP1 @ 1510.85
TP2 @ 1502.50
TP3 @ 1494.50
EurChf Long 9/30/19Continuation from a analysis i did last week, targeting next significant resistance area
