BlackSheepFinancial

BlackSheepFinancial

I have observed an inverted H&S pattern for NU on the daily and weekly time frame. We are also at the .236 FIB retracement. May be a good entry for reversal.

BlackSheepFinancial Updated 

Gold has been making a monumental move up since my original buy call around $2000. It previously printed a massive inverted H&S and has not slowed down until recent. I believe Gold is currently printing an ascending triangle pattern, which is a big indication of a continuation. My next target for Gold is around $2800.

BlackSheepFinancial

GU has shown potential signs of reversal. It has created higher highs on the 4HR time frame. The DXY has also shown potential weakness to end this monthly candle.

BlackSheepFinancial

I believe EURCHF is ready to break down from a massive bearish triangle pattern it has printed on the daily time frame.

BlackSheepFinancial Updated 

ETH retested the .618 Fibonacci retracement and looks like it is ready to continue its uptrend towards ATH. It previously double topped and rejected the $4000 area. I think it will make its way back to that $4000 price point within the next few weeks. If we successfully break and retest that zone, ETH could break as high as $6000+. I believe BTC will rally into...

BlackSheepFinancial

NZDUSD has given multiple bearish indicators started with the H&S pattern at the top of a major resistance zone. This could be an indication of trend reversal. I also observed a bearish triangle pattern that has been broken. The 20 and 200 ema cross is looming and this could be a signal for a big downward move coming with the next few days.

BlackSheepFinancial

GBPCHF may be ready to breakout from the consolidation its been in over the last few days. I believe it will break to the downside and continue its bearish downtrend.

BlackSheepFinancial Updated 

GBPNZD looks to have found support and may be ready to continue to the upside.

BlackSheepFinancial

TLT could be an attractive investment if the Fed cuts rates for numerous reasons. Price Appreciation: When interest rates decline, the price of existing long term bonds held by TLT tend rise. The fixed interest payments of these bonds become more attractive compared to new bonds issued at lower rates . Lower Yield Environment: As interest rates fall, the...

BlackSheepFinancial Updated 

GBPUSD seems to be ready to make a big move. I believe GU will make a move to the downside. A successful break and retest of the weekly trend will be confirmation. Fib confirms target area at the 50% retracement.

BlackSheepFinancial

XRP has been printing a GIANT bullish pennant for the last few years. Since the SEC case has ended, this might've marked the end of price suppression for this token. Only time will tell but I remain optimistic.

BlackSheepFinancial

USDCAD looks to be ready for a breakout after spending months consolidating through the region it's currently in. I believe it has printed an ascending triangle, which is an indication of a potential big move to the upside.

BlackSheepFinancial

Chainlink has almost completed a wedge pattern it has been printing for the last few weeks. I believe this will be the catalyst to move LINK back up around the $21 range. Next weeks candle will be a big determinant.

BlackSheepFinancial

I believe GBPJPY is creating a H&S pattern on the daily time frame. I am expecting the next move up to be the final creation of the right shoulder. My target zone is the 50% retracement from the big move down on the Fib tool. There is JPY news this week so this may be the catalyst that moves the pair to the upside temporarily.

BlackSheepFinancial

I believe BTC is currently printing an ascending triangle. This breakout could send BTC higher making a new ATH.

BlackSheepFinancial

GBPNZD had mad a major move to the upside over the past few weeks. I believe price will end this monthly candle with a considerable wick before it continues to move up.

BlackSheepFinancial

As the DXY continues to lose strength pairs like USDCHF will continue to move to the downside. I have observed a bearish triangle formation on the 2HR timeframe. Price has made its way back to a previous support zone. I believe it will act as a resistance and push the pair lower.

BlackSheepFinancial Updated 

GBPAUD is currently retesting a previous break out zone. We could see GBPAUD bounce from here and continue its upward trend.