RogerS

RogerS

Based on 4 YC, fractals and Recession worries what if we top after the elections for a Bear in 2025 spilling into 2026. A 50% distance from the 200 WMA gives us around 6666. Can we go there before the bust ? The third rate cut could be the nail in the coffin.

RogerS

Silver is following different fractals. Once it breaks out like 2000 or 2008 it enjoys a nice rally. Here I placed the 2008 Fractal which can give us a Target around 34-37$ but the Recession in USA has been pushed out to 2025 which can give a big haircut of 30% Drop to 22-18$. Then Load up the truck. imho

RogerS Updated 

if we are following the 2009 Fractal we might push in the 1750-1820 area to create the lower wick and ready to kick again.

RogerS Updated 

Technical Analisys We've got a really nice confluence to enter "one in a lifetime" longs in Silver for the next 3-5 years where the bubble might pop around 50$ in 2023/4 and then fall hard to get their 8YCL on 2025 - Intermediate Trendline from May19 will make Support - 200 DMA + 200 WMA - Bullish Falling Wedge pattern - 61.8% Fib Retracement But.. hey!! Let’s...

RogerS Updated 

Technical Analisys We've got a really nice confluence to enter "one in a lifetime" longs in Silver for the next 3-5 years where the bubble might pop around 50$ in 2023/4 and then fall hard to get their 8YCL on 2025 - Intermediate Trendline from May19 will make Support - 200 DMA + 200 WMA - Bullish Falling Wedge pattern - 61.8% Fib Retracement But.. hey!! Let’s...

RogerS Updated 

First, wait for the right shoulder to form in the next weeks, then ... be ready to ride the next Technological Revolution driven by Artificial intelligence, BigData, Autonomous Transportation, BioTech, NanoTech, Clean Energy and Robotics) for the next 10-15 years.

RogerS

Entry 1148 TP (Fib 61.8%/200DMA) 1282.88 Multi Week trade

RogerS Updated 

I will trade this MEGA Bull Flag that started at the beginning of 2018 which is gonna fly us all to break the basing pattern which we are been the last been and break the famous 1375 2016 Top. Weekly Stochastics are in a Buy Zone but we may have to face a quick drop to 1277 (100WMA). Who knows ?!?. Now the price is just at the bottom of the Bull Flag and also at...

RogerS Updated 

Well, the dollar looks like it started a Bear Market from the 2016 Top breaking 2016 low. So... lower high, lower low rule and we end up with the EURO Bull. Here we have a nice Bullish Bat Pattern to spot where the reversal may occur. This will help Gold to get out of this hole. I bet we could get it early next week to create a nice Weekly Reversal candle and...

RogerS

I will trade this MEGA Bull Flag that started at the beginning of 2018 which is gonna fly us all to break the basing pattern which we are been the last been and break the famous 1375 2016 Top. Weekly Stochastics are in a Buy Zone but we may have to face a quick drop to 1277 (100WMA). Who knows ?!?. Now the price is just at the bottom of the Bull Flag and also at...

RogerS Updated 

I don't believe this spike on Friday ! Mega Daily Triangle blocked by Ichimoku Cloud and Montly Resistance and ready to break ... DOWN. We might bottom on Full Moon again ;) 3rd December and could push prices higher to our dreamed 1400-1500 mark once US rise rates on December. Important Dates: 22th November --- FOMC Minutes 29th November --- GDP 8th December ...

RogerS

Gold its been going up lately but the volume was weak. The FOMC meeting next Wednesday could call the top on Gold on this Left Translated Cycle around 1260-1266 and complete the last leg down to 1180 area and finish this Bullish BAT. This area is also the lower area of the triangle which could launch the rocket to the 1400. It might be the last kiss of this lows...

RogerS Updated 

Gold broke the neckline of H&S mid June. Now is retesting this line and possibly tagging the 100MA on the 4H chart to complete the B wave at the top of the downtrend channel and produce the final leg down to the H&S target which is placed at 1223. Ichimoku cloud will create a resistance on 126Xs area. In this extended 6th month rally gold still needs a fail DCL...

RogerS

Possible target 78.6% retracement around 1215-1220. Two methods to estimate the extent of the move after the breakout. First, the widest distance of the symmetrical triangle can be measured and applied to the breakout point. Second, a trend line can be drawn parallel to the pattern's trend line that slopes (up or down) in the direction of the break. The extension...

RogerS Updated 

Short Term We could have a bounce to test the trendline around 1245-50 area in the next 2-3 days and then we can head towards the DCL around 1200-1180 area which is the 61.80% retracement from the December lows. This also means we could form a H&S pattern which once broken it could fall further around 3.5%, the same extension from the neckline to the the 27h...

RogerS

What if we are in a similar situation from the 2014´s rally ? Let me explain … (Look weekly/daily graph below) Week 27th Jan we had the red candle (quite same period as this one), maybe not than bearish that the recent one, but anyway engulfing one and what happened the week after... 3-4 dollars down and up to test the top of the previous week (20MA). We had a...

RogerS Updated 

Just an idea what might happen with today's Trump inauguration speech. Maybe a dump before the speech to 1190 levels to create the last wave E and then up to break the wedge upwards to go to 1220-30 levels. Sure will be volatile so ... do your own homework and trade safe ! --- Descending broadening wedges are continuation chart patterns formed by a channel that...

RogerS Updated 

Just an speculation based on technicals (chart and DXY movements), fundamentals (rate hikes, US data calendar) and some other catalysts (French elections, Trump, India, ...) Don't copy anyone, do your own homework. Trade Safe and make money both sides.