Bin_khaledc

Bin_khaledc

Gold has turned overbought on its 1D technical outlook (RSI = 74.055, MACD = 39.900, ADX = 58.383) and even though the long term trend remains bullish and that shouldn't affect it to a great extent, a short term Bearish Divergence on the 1H RSI (LH) and the fact that the price hit today the top of the 1 month Channel Up, calls for a quick sell. The two +4% bullish...

Bin_khaledc

I’ve exited my long positions and am staying on the sidelines for now. I won’t be selling into the current strength just yet, as there’s still room for exhaustion around the 2850 level. I’ll consider entering shorts if the market closes below 2725, with targets closer to 2000. History is likely to repeat itself, with retailers jumping into the FOMO at 3000.

Bin_khaledc

I expect to see the fourth wave of the expanding triangle that is forming on BTCUSD.

Bin_khaledc

Bloody February is coming ahead. If BTC fails to show bullish momentum now, let’s expect the price to balance the imbalance around **75k–90k**. As BTC has been pumping for months, a healthy pullback/retracement is needed for a healthy market. If all it does is pump and pump, then we should be wary, as the price could be manipulated and easily dumped. An example...

Bin_khaledc

H2 timeframe XAUUSD Gold again to 2800 Strong Resistance Overbought, Now On the one hand looking at the MA Cross which indicates a fall we can only consider selling Gold if it breaks below 2799; Target: 2763 Target: 2735 Target: 2710 Stop Loss: 2825

Bin_khaledc

High Risk Short Trade in Gold Enter with Candlestick Confirmation Reward First 1 Then 3 and Lower Targets More optimal entry after a possible stop hunt

Bin_khaledc

update on another possibility on the charts we can see a lot more pain to come if btc doesn't hold support. if we fail lower support we can be looking at 60k-50k btc this pattern would set us up for a inverted head and shoulder if we fail support.

Bin_khaledc

On the Daily chart very noticeable Double Top ~107k. Certainly, short term move towards 93k. Afterwards probably the decision to make that will change the outlook of the next 1-2 years. $85-86k could mean as first support. Then with the break of it, reaching low 70s and high 60s (~530 day downtrend will be near complete). If it were to continue tumble close to...