Hi everyone, I got into this trade not long ago to the long-side, but as it has plenty of potential I thought I would share. On the 4HR timeframe, there is currently a bullish heads 'n' shoulders pattern adding some buying fuel. There was a recent pullback so a good time to enter if you are after a Long trade. On the chart, the indicator at the bottom is...
The Pound is on fire lately with strength to the upside. This is educational post to show where a buy order could be placed between 50-38.2 as low as possible. Stops could be placed at swing low area 1,97.85 (tight)
Bearish momentum on all intraday timeframes. It was selling off in pre-market but finding support each time. Not so sure that it will find much support today. 5787 TP 0.84% price fall from current levels
Well they threw the bitcoin-bone to us retail traders about 2 weeks ago on a Sunday when everything in Crypto was coming alive and turning green on our screens. I get no pleasure in saying, as I'm invested in Solana, Doge, Bitcoin and others, that things at least for Bitcoin may not be so wonderful going forwards for a little while next week. Perhaps Crypto in...
All credit to Lingrid, who recently alerted this trade, I thought it looked very bullish. Back in first couple of weeks in September, price headed down to liquidity buying zones and price then ascended very strongly, before heading back down to the same order blocks for liquidity in October. Price bumping around a bit lately, it has good momentum support upwards...
Here is a trade I will take once the liquidity picks up as its still pre-market in Australian Monday trading and liquidity and spreads will be much better in a couple of hours. The trade is Long GBPUSD along the lines of the Daily chart 200ema where I expect price to continue to respect it and the influence of the ema right on price will spark renewed interest...
If you want to see a strong chart structure, open a chart of Dogecoin-USD, it kind of reinforces that it means business in its pricing going much higher, plus you start to understand why many Crypto-gurus and collectors have this one in their Top 10 right up there with the likes of Bitcoin and Solana. I am a holder, but I noticed all of the other Crypto is in...
I am also starting to see some downturn in Gold and Silver prices, mostly from momentum indicators which simply can't sustain the bullish momentum session after session. But I don't think its a big correction, only 4% down from the current Gold price, this is a Fib level of support for price but this Fib level also coincides (ties-in) with recent market...
This is the Daily and Weekly Charts for Bitcoin. Both charts have price situated above their 200EMA's (sloping upwards) and this demonstrates a bullish uptrend, the EMA stack is also in correct order with 8EMA stacked on top. The only thing contrary I found is a short-term Daily bearishness for Bitcoin depicted in the MACD. This simply means that price needs...
Price recently came out of a falling wedge on an intraday chart and this sort of occurrence is usually bullish as price wants to run on its own outside of a wedge. Price here is at the 200ema on daily and it looks like it is ready to pop. I already went long, if you trade it then good luck.
This is one to watch as a potential trade in the near future. This is because GBP has had a solid run this week against the Singapore dollar and has finally reclaimed the 200 EMA which is most significant on the Daily chart. It should be very supportive of future price rise next week so long as its price can solidify and remain above the 200 today.
The best trades are the ones that allow you to buy low in price, sometimes even at their last leg of a short. This is what sort of happened with EUR GBP earlier today when I saw its price get so low and tempting to buy an order, but there was also a reversal setup taking place which also had momentum in the price action, something you don't often see when bargain...
I noticed this breaking out a few hours ago and I took a Long position. It pulled back and went quiet for a while with little volume. But the strong way it broke out I figured closer to the New York session there will be more traders onto this. Daily and weekly chart for where price is headed next.
For education purposes guys. One way to trade Gold is on the 15M, 1HR or 4HR and await for a pullback and squeeze-consolidation. But most of the magic is done with 1 indicator only, the RSI stock-standard with 14. You want to see Gold breakout initially for longs past 70 and get really overbought. The reverse for shorts under 30 on the RSI. So we have not...
This massive Copper-Miner, Antofagasta presented in a scan and I could see the huge demand side from a couple of years ago and upwards sloping chart from left to right. Then all of a sudden 'bam' and the healthy demand side turns to supply and selling. But in the past month or 2, buying has reemerged inside of a triangle-pattern-daily-chart and it I am getting...
Microsoft came up in stock scans today on increased momentum so I took a look and I took a Long position. MSFT you may remember back in July of this year sold off quite deeply from a bearish head n shoulders pattern. But since then it's price has reformed with good market structure & following its steamy movement today, I think a reclaim of the high price...
This trade is doing well, volatile until sellers properly formed, but I won't be shorting it for long as this is only a small correction I feel. Gold and Silver have been delivering Long trades so well lately, that their price has to adjust a bit downwards before the next session. IE. New York. You would've maybe noticed Gold and Silver sold off at the end of...
Easier simply to quote what it's all about from their website Paxos.com PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. If you own PAXG, you own the underlying physical gold, held in...