Mywayoftrading

Mywayoftrading

not the most beautiful - but still, H&S pattern. although I myself will not trade this setup. - I don't think gold should fall. but time will tell. I think that graph will morph into something else....

Mywayoftrading

Last three earnings were better than expected. They have Most Modern Product Tanker Fleet in the World .While a significant portion of the global MR and LR fleets are older than 15 years of age, the Scorpio fleet has an average age of 5.1 years Oil and Refined Product Demand Expected to Continue to Recover through 2021. maybe global oil demand hit its bottom in...

Mywayoftrading

platinum may see some correction

Mywayoftrading

silver has lot of attention lately. from my point of view - looks like failed H&S pattern and in past days theres very high trading volumes - usually high volume leads to new trends or it's "stopping volume"

Mywayoftrading

Possible correction....

Mywayoftrading

copper is in strong uptrend. As many other commodities. But at the moment looks like some correction is in front of us.

Mywayoftrading

Cable looks like has formed a wedge. Possible corection till +/- 1,335. just keep in mind that a much bigger pattern is in the daily / weekly charts - H&S

Mywayoftrading

gold broken out of channel and then returned back. Channel looks ugly, but from my point of view - there is uptrend. my look at gold : - if price goes higher than 1875, then target is somewhere around 1970 - if price goes below 1800 then awaits new lows

Mywayoftrading

Same story as DXY. Possible H&S pattern. it's a reversal pattern, but if fails, then price target are somewhere around 1,15. and here you can choose to trade usdchf or eurusd. the choice is yours

Mywayoftrading

from my point of view, until the figure is broken, the figure looks like a bull flag to me. and the question is whether a correction is expected and then an increase, or whether an immediate increase is expected...

Mywayoftrading

Bull market! BUT if price goes lower 18200, then correction is expected

Mywayoftrading

Netflix looks like failed rectangle. the price break out of the rectangle to the upside and fall back into the rectangle shortly after. and price falled back after negative eps surprise.

Mywayoftrading

potential rectangle/double top. valuations not so high as in amazon case, but after beating eps expectation, price hasn't moved much higher. Waiting for some correction

Mywayoftrading

A symmetric triangle can be considered as a continuation pattern. The only thing that worries me is that the market is highly valued. And amazon PE ratio are near 100 (compared to the Internet - Commerce industry's P/E of 51.20). next earnings will be published on 2. february. Then we will see if amazon will surprise us again with the profit figures. if not, I...

Mywayoftrading

I believe that the ETH has the potential to reach new heights. If BTC has already done so, then ETH is still ahead. And I believe the current Bull market for altcoins has the prospect of outperforming BTC. And ETH is one of the main ones that needs to show good results. And if we look at the long-term charts, then ETHBTC has built a strong foundation (head and...