George_Albert

George_Albert

We have a break below the 2 year ascending trend. Price is also respecting long term weekly zone as a resistance to the top side. My analysis predicts an swing trade to the downside focusing on two price points

George_Albert

Good buy opportunity on GBP/AUD Last week guys shorting made good money. The downward price action was bought on by news and Russia Ukraine tensions. Price action found good support zone and reversal is happening on the fib to the second level 0.382. Will take profits on the way to the 1.876 level.

George_Albert

Looking at historical gold prices on the weekly we can see it is at a very strong resistance zone. On the daily we see a engulfing red candle forming that will most certainly close the day below the zone and paired with the 3/6 ema cross its screaming short. How low it may drop is the question but $1500 seems to be the mark.

George_Albert

OK so where to next for BTC Keeping a chart minimalistic and simple is the key to seeing the picture clearly in my opinion. So looking at the chart on the weekly we saw a strong push out of a 6 week consolidation period. However the downtrend zone has shown some resistance not wanting the price to break through. In the coming weeks we would like to see it break...

George_Albert

Looking at CAD/JPY we an see it is testing a strong resistance zone. The pair was last testing this zone in April 2019 so we have a fresh new 8 month high. 1.) It can either break to the upside retesting the then support zone and continue with the uptrend as can be seen on the chart. 2.) This Resistance zone can be too strong, pushing the price back testing the...

George_Albert

I don really trade in stocks. I would rather just buy at key levels and hold for the long term. But for those trading in stocks Tesla might be a nice short all the way back to the 'now' support zone. It is quite overbought and people might think of taking some profits from this amazing ATH- all time high. It will come back to the zone gather momentum ans see a...

George_Albert

Looking at the weekly we can see the tweezer top reversal candle sticks. Looking at the daily the 3/6 ema crossed a few days ago so a little pullback is expected and that is why we waiting for a daily candle to close below the first pink line to enter the trade.

George_Albert

As explained on the chart if we look at the Daily charts we can see that the 3/6 ema cross has happened but looking at the bigger picture on the weekly and seeing the strong support zone paired with the tweezer bottom it is a good long term trade.

George_Albert Updated 

Everything explained on the chart.

George_Albert

Looking at this pair a big short engulfing candle is forming on the daily and can only be confirmed by end of day. Traders will be looking a entering today or waiting on Monday to see what happens. Beside the Engulfing short candle that is forming we see on the 3/6 ema we have a down trend forming with the zone as support for a sell and on the daily its looking...

George_Albert

We have seen a sharp decline on the USD index due to trade war headlines. This has pushed ***/USD pairs to overbought conditions when looking at the RSI on the daily. RSI is bound to cool off and the news impact to start fading. Will be looking at capitalizing on this if we get confirmations on the 4h time frames on the currency pairs and the USD index.

George_Albert

AUD/NZD has see a sharp drop over the past couple of days. It is at a strong daily support zone and looking at the 4 hour rejections and over sold RSI we will be looking at a buy for the market aiming our final TP at 1.05900

George_Albert

USDCAD is rejecting a Monthly Resistance and heading for support on the weekly trend line

George_Albert Updated 

This This is how I see BTC playing out for the rest of the year. I don't see BTC dropping below the Key Support zone as shown on the chart, but we might see it drop below $6000 to form a double bottom on the weekly chart and from there its should be a good Bull Run till end December playing out like 2017. If we can bounce of the crucial support zone and brake...

George_Albert

At the current moment we are on a strong support zone as indicated by the two blue lines. We should test the support until we brake the 4H trend line ( black line ). Will be Buying if it brakes. We will then probably bounce back down a little when we hit the Purple small resistance line. This will be my First TP1 @ 1,30900 I don't think this small resistance...

George_Albert Updated 

BTC is playing nicely inside a ascending wedge and will brake through ! The red line is the $8000 psychological barrier. The Yellow line is my Fibonacci entrancement line serving as a resistance at the moment. It is the 23.6% entrancement from 2018-05-05 when we Hit $10 000. The green line is on $7500 resistance that we seem to be struggling with, but I do...

George_Albert

I believe we will see very little price movement on BCH till around the 10th Aug. However we might see the " Buy the rumor sell the news " scenario I do believe the ETF for BTC will be approved and this will give the Bulls some support and this will phase through to the Alt coins. There is some strong resistance but I believe 3/4th quarters will see some...

George_Albert

This is my 3 week EOS prediction. BTC might be in a BULL trap but we are heading up for now and confidence in ALT will slowly gain momentum again!