Jens_C

Jens_C

Hello together, Gold looks really stretched to the upside on the weekly. On the 4 hour timeframe it looks like a head and shoulders pattern is building up and wants to break to the downside. Its risky shorting such a strong bull market. So I am risking only really small on this trade. What do you think of this idea?

Jens_C

Hello together, Oil broke out of a daily downtrend (white solid) and has gone into an ABC correction, market by the 4 hour downtrend line (blue dotted). Price broke also above this and got directly rejected from the 4 hour support & resistance zone (blue bar) to the downside. If price can make it again above this small retest I will enter a long position with a...

Jens_C

Hello together, here is my idea on Bitcoin for a long swing trading opportunity: The situation Bitcoin moves inside a price channel markt by the white dotted lines. We recently have seen a bounce from the lower side of the channel. Price is consolidating at a daily support and resistance zone (white area). The Idea After a bounce from the lower side of a...

Jens_C

Hello traders, or this time investors, here is my long term log Bitcoin chart with historical data. Because of this growth curve and the fact that we "only" made 1.400% so far, since the last low at 3.000$, I believe that we can still expect much higher price for Bitcoin this year. But as you know it's not only about the price. Wish you all a nice weekend....

Jens_C

Hello guys and girls, her my expectation for the next movement in EUR/NZD. The grey path tool shows the spotted M formation, that in my opinion not fully completed jet. Entry confirmation: Price formed a potential double bottom right at the weekly uptrend line. Plus a long wick peaked under the daily resistance and came right back up. Please feel free to...

Jens_C

Hello guys and girls, hier is my idea, I think for all of you who are familiar with the head and shoulders pattern, you know how to read my drawings on this chart. I'am already short on this one, maybe a little bit to early, but we will see. Pleas feel free to share your opinion about this trade in the comment section. With best regards, Jens