It seems hard to understand this huge/high price, but we know that BTC is now on its way to pierce record after record. Breaking 50k, eventually will take us to 75, and breaking 75, to the golden 100. So it seems the only strategy is to identify potential demand areas and get in.
This pair have been providing good trends within wide range areas. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
Another funny instrument doing its rounds lately. Let's see if the hype can take silver up to historical levels, almost a decade ago. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
I love when many areas are left untested, like all those demands. I'm not gonna forecast anything, I will just wait for price to reach those areas and see reaction, that's the way to go. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
We have a few untested supply areas in a general downtrend move. I will be looking for opportunities to short. Demands are proving to be strong so far. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
Well, this pair is a ranging trading paradise, providing good liquidity both directions. Next week probably will provide the same. Many same areas being tested and rejected perfectly. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
As you can see, many untested demand areas, which will provide perfect opportunities for entries. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
In my previous charts analysis, we were subjected to two conditions, big ones. Now they cleared up. US elections happened, market seemed to take it okay, and vaccine trials from different labs are promising good results and deliveries might be happening before EOD. All this plus pure technical analysis made it clear for me: LONG. I'm chasing 460 area, and above...
These last two days, cleared he panorama and now we just want to see if 11250 it's broken to continue the waterfall. As mentioned in previous charts, no fundamentals are in the horizon to forecast a significant uprise. Trade safe!
Well, as mentioned in previous charts, we were subjected to Covid 19 news and stimulus. Stimulus will not happen until after elections, and corona situation is getting worse, with many countries in Europe entering in strict lockdowns affecting small and medium business. Targets to keep in mind are in blue. My bias for now is short. Pfizer is pushing to release...
Range for DAX is getting tight. Lows are getting pierced and highs don't tay long and we do lower highs for intraday trading. We still depend on stimulus deal, but now Europe is adding Covid 19 lockdowns all across the continent impacting again the economies and adding uncertainty to the near future. Big movements expected just after the election, but for now, I...
Points of control provides supper accurate levels. Using previous day POC are extremely powerful to set targets and stops. Remember that daily master pattern is in range, so take your profits in S/R levels and wait for next opportunity. Enjoy!
We can see that, in bigger timeframes, indices are having big sell days and huge buys the others. Checking at daily chart, without all the noise from day trading charts, we can see a big range already formed. My guess is we gonna stay on those levels until US elections. If Trump wins, a huge bullish movement will come I guess. If Biden gets the win, some sell...
DAX struggled to keep on top. My guess is, the stimulus not going through then, is stopping indices to get higher. I'm Gonna wait for a test of the lower line in this forming channel and then decide. I still believe we are gonna see 250 level next week. Enjoy and trade safe!