RonPeter_Trading

RonPeter_Trading Updated 

Gold fell again in the European session. The current trend broke the rising channel and the price rebounded at 2610. In the short term, it will maintain a narrow horizontal consolidation. 2622 short-term resistance above. If this position is broken, gold will fall into a slow rising structure in the short term. 2610 support below. If this position is broken, gold...

RonPeter_Trading Updated 

The current trend of BTC is still in a downward channel. The support level of 92542 is tested below. The hourly line level is narrowly fluctuating and weakening, ending the rebound. The price convergence has reached the end. The short-term level is in a narrow range, with resistance at 94000 above and support at 93000 below. In terms of operation, my personal...

RonPeter_Trading

After gold hit a high and fell back, the price stopped falling and rebounded at 2584. From the current trend, it is in the upward channel. The hourly trend fluctuated upward along the channel, and the price adjusted under pressure at 2640 to form a double top and fell back. By Friday, the price formed a downward break. The current price is in a narrow range of...

RonPeter_Trading

BTC has recently fallen from a high level. The price turned and fell from the high point of 108340 to 92542 to stop falling and adjust. So far, BTC has entered a short-term decline. The price on the hourly line rebounded to the support of 92542 and rose. The price failed to hit the integer of 100,000 for the second time, forming a double top decline structure....

RonPeter_Trading

EURUSD's downward trend remains unchanged. The previous hourly trend touched the bottom support of the downward channel at 1.035 and rebounded. After four rebounds, the price reached the upper edge of the channel. If this position is broken, it will be strong in the short term. Follow-up test above the trend channel. The short-term rebound trend presents an...

RonPeter_Trading Updated 

BTC is currently in a downward channel adjustment. The double top of 100,000 points is under pressure. If it breaks above here, the short-term trend of BTC will turn from weak to strong. The short-term level narrow range breaks down and rebounds to repair. The short-term resistance above is 97,600, which is also the pressure level on the upper edge of the upward...

RonPeter_Trading

Gold ended its narrow adjustment trend in the Asian session after the opening of the European session today. The price continued to weaken in the short term. After a brief battle between long and short positions at 2625 in the US session, the price finally broke through the channel, announcing that the bears dominated the market. It is expected that the market...

RonPeter_Trading Updated 

The recent trend of gold has changed from rising to wide fluctuations. After a sharp drop in the recent period, it has entered a rebound and repair stage, but the pressure from the previous high point still exists. The short-term trend of gold rebounded and pulled up at the 2583 line, forming an upward channel. The resistance of the 2638 line above is under...

RonPeter_Trading Updated 

On the hourly chart, EURUSD is in the downward adjustment stage of the downward channel. The price rebounded at 1.034, forming an ascending triangle structure. The short-term trend is strong. The upper 1.044 line is under pressure. If this position is adjusted and broken, the price will break through the downward channel and test 1.048 and 1.052 above. The...

RonPeter_Trading

After completing five waves of accelerated rise, Bitcoin is currently entering a correction downward trend. The current price has broken through the rising channel and rebounded at 92,000, which forms a relatively important support level. If the price falls below this support, the next support range may be close to the starting position of the previous rising...

RonPeter_Trading Updated 

After experiencing five waves of daily level rise and reaching the top, gold formed a top at 2790 and pulled back. The gold price then accelerated to 2546 and then rebounded to 2720, but the price fluctuated widely at a high level. A double top fallback structure was formed at 2720. In the short term, it further fell to 2583 and then rebounded. The current...

RonPeter_Trading Updated 

Gold fell after rising to 2790. The daily chart shows a descending triangle pattern, with the high point gradually moving down, and the overall trend is a five-wave decline at a high level. The lower support level of 2545 is the dividing line between long and short positions, and the upper level of 2720 forms a double top and falls back, and it rebounds near...

RonPeter_Trading

EURUSD is currently in the downward channel, and the price trend is showing a steady and volatile downward trend. Previously, the price briefly went sideways after touching the lower track support of the downward channel, further expanding the price space below and forming a relatively clear head and shoulders top breakout structure. The formation of this...

RonPeter_Trading

BTC is still in a five-wave downward structure, and the overall trend is bearish. Since yesterday, it has been in a weak adjustment stage in the short term, and the price fluctuation has significantly weakened. 92000 below is still a strong support level. If it falls below this position, it may pull back to the starting area of ​​the previous rise, further...

RonPeter_Trading

Bitcoin has completed five waves of rise in the accelerated rising channel, and a peak signal has appeared, and then it has started to pull back. The current pullback wave is an adjustment phase, providing an opportunity to wait for the price to fall back to a suitable position. In the short-term trend, bears dominate. The support below is 92,000. The upper...

RonPeter_Trading

The price of gold is near the downward trend line on the daily chart and has encountered obvious resistance many times, forming a strong suppression zone. The price trend has gradually narrowed to form a symmetrical triangle, which usually indicates that a breakthrough is coming, although the direction is still uncertain, so we need to pay attention to the...