Seezak

Seezak

Lovely triangle

Seezak

Our confirmed target 58.60 is delayed as per the daily chart. I will look to buy it at the blue line.

Seezak

1440/1445 is a buy area

Seezak

Short 1.2860. Lets close the gap @.2775

Seezak

Sell your kidneys and buy oil 58.60 is now confirmed target.

Seezak

I confirmed 1500 last week however sadly in a very rare occasion, a strong support broke meaning we didn’t get our confirmed target and that resulted in losing some of my profit and also others may have lost if they followed this call. Confirmed targets have 95% hit ratio so gold going south was a surprise. For the week ahead, there is only one clear target with...

Seezak

Here is the H4 analysis for the week ahead. I will keep things straight and simple. We can bounce the trend line (blue line) and retest 1.30 or we could break the trend line and continue the drop to 1.2580. Which is more likely you may ask? 1.2580 is more likely with hit ratio 60%. 1.30 is less likely with hit ratio 40%.

Seezak

Here is the MACD technical indicator. As we can see the blue and red line have crossed leaving the blue line top giving bulls the power. This suggests that long term target is 1.37 and potentially 1.44 therefore looking for a long investment is the better option on GBP currently. Of course things can still change if brexit doesn’t get sorted out by January.

Seezak

Clear chart with clear arrows

Seezak

Retest of broken triangle on D1.

Seezak

1500 is now a confirmed target!

Seezak

Draw the blue line on your chart and buy wherever it touches the blue line. In the meantime, shorting is fine. Overall it’s bullish. See previous published chart.

Seezak

Oil is currently bullish and potentially targeting 58.60. Therefore buying on every fall is the best way to go.

Seezak

Here is the MACD technical indicator requested by a fellow trader earlier. As we can see, the red is now above the blue line meaning bears are now in control and we could potentially continue to drop to 1.25. It is currently sell on every rise.

Seezak

Todays target is 1.2845. One step closer to our CT 1.2780

Seezak

Down we go. Today’s target is 1.2875

Seezak

Buy it upon the retest of 55.40 and TP at 56.60. Don’t buy if our CT 56.60 gets hit first. Note that confirmed targets have 95% hit ratio Potential targets have 60-70%

Seezak

Today at market opening, the market will give us a small window to add shorts, I don’t expect GU to hang around 1.2930 for more than 2 hours at market. Reason for this is the previous daily candle closed in a bearish inverted hammer.