Gold has been in a bear channel since since june Moving avgs. with inflation rising ..dollar going down. more people have been investing in metals. Slightlying breaking from channel and setting new trend what seems im going long but always ready to react. happy trading
GU still looking like a strong buys for this week. Fib levels reacting nicely. U.S. dollar is dying sending Gbp up! Eur is also dealing with covid lets see how this week plays out! Good luck and happy trading
Beautiful Head&Shoulder has formed waiting for more conformation as always with news of last week and this we could see anything. Covid has markets down globally. we could test lows before the next pull back in a couple weeks
US100 continuing a strong bull run! each time she dips ATH are made daily! Tech has been leading the way carrying most the weight. Despite vaccine reports via mandates for jobs and schools this will greatly effect the way investors move their money this 3rd and 4th quarter into winter. plenty of liquidity built up and the bulls are getting more and more...
With Alt coins on the rise with BTC leading with the force! This last 2 week push was spectacular to 50k! As overall sentiment is bullish lots of liquidity was built up to 50k .. will volume hold? BTC is currently overbought will double top bounce off fib levels could see a retracement back down with 44k Tp1 38k tp2
Inverted H&S forming . Based on fundementals via covid-19 vaccination news and investors pulling out can tech hold it up and how long? and feds news DXY could continue bearish . Correlating GU to fill the Gap Long to 1378-138xxx.
Long term cup and handle forming from downtrend of 4-14-21. Fibs from high to recent low. Bottomed out and retesting each support and resistance. Looking to retest 57k-63k within the next 5-10 days with a possible pullback to 4x,xxxk. ets see. Dollar confluence is showing signs of possible rebound which could give btc a slow run back down!
Cup and handle forming off key support showing possible signs up strong uptrend. With stimulus pumping in the economy and states opening up. we could see a slight increase for the Dollar. And again with bitcoin rumors of pollution mining. i feel this is the perfect window for dollar to reach higher highs before we see the a major fall again. stay tuned.
(Based off bullish Dxy confluence following fri- 3-18-21 uptrend ) BTC will now show a pullback or retrace to previous lows first target being 54k. Once we reach here price action will decide if the bulls can regain control. Also bad news released about the mining pollution of BTC which will aid in drop
Based off dxy conflucence hoping for a bear session 3-16-21 / 3-17-21
Based off DXY confluence. Head and Shoulder formed, price retraced to shoulder physiological level small retrace but price looking to close gap to 1.37xxx first target.
DXY showing signs of Bull breakout after last 11 month Bear trend. Price bounced off key levels of yearly market lows from 2018,2010,2009 @ 88.xxx/89,xxx levels. Price trending above 88.9 since jan 21. March showing bull breakout on daily and 4hr time from bouncing off 618 fib levels. Stimulus was expected to drop U.S dollar. Based off fundamentals of china,canada...