Zone
XAUUSD to reach 1260
The price of the XAUUSD has skyrocketed by the bullish market. Due to this uptrend, the trend lines of the triangle have been broken.
From this we can say that a new trend is under way. After zone 1240 has passed, a temporary pullback is created.
when this pullback ends there will be a new upward movement. I think that this upward trend will have a minimal effect towards the 1260 zone.
For now, the small (blue) trendline is respected. If this continues, I expect that the price will reach the TP.
If our TP is reached and the analysis went well, we have a profit of:
- TP #1 +/- 160 pips
The safest place for a stop loss is point 1235.00 ( +/- 80 pips). You can of course always adjust this. This is due to the operation of your own money management.
BTC to test 200 week MA and 3000 usdLooking back at 2017 the last good correction we had was from 5000 to 3000 usd (40%) where we made support on the weekly time-frame around 3600 usd.
BTC coming close to the 200 week MA and support zone, but I think the big even of 3000 needs to be tested before we can think about moving to the upside.
3K was tested before we had the massive exponential run-up to 20k.
GAS OIL FUTURES (GASF2019)Gas Oil futures price is currently testing the 61.8% retracement of the previous uptrend and this also happens to be a zone almost in confluence with the support zone. The price also seems to be forming a symmetrical triangle on the upper timeframes, therefore we should watch how the price tests those support and resistance zones, as those areas can provide good entry or exit points. This chart is suitable for day traders as the lower time frames are missing, therefore intra-day traders be careful.
EURCAD intraday Trade. SHort term selling.Selling the EURCAD at the lower curve , short term selling on a lower time frame ( 15 min ). Intraday trade.
Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk.
But if the price decided to go sideways within the supply zone. I will close it as that indicates orders are being filled and may be its going for a higher supply zone which has a higher probability.
Bitcoin Diamond - Go Up, 24 % ( short term ) Buy Price: 0.0000271 - 266
target 1 - 0000.310
target 2 - 0000.337
sl - 0000.250
Bitcoin Diamond, a good buy zone for short-term profits.
As well as a good potential for the medium term, where profit can be more than 100%
Profit Expectations: 24 Percent
Sell when you got some profit according to your way of trade.
I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and leave a comment.
Thanks for visiting.
USDCHF: Falling Down Another TimeHey guys, how is you Monday going ?
I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We entered a short earlier this day but like most Mondays the price did not really move for now.
Lets crush this week again.