After BTC brokedown both support Trendlines I waited for a good zone of resistance and entered the short position and as we can see it went good as planned.
The British Pound has seen a strong uptrend since the release if the news, and just at the breakdown of thie previous channel I noticed price still moving in the uptrend and Bullish Momentum.
Gold price been showing signs of Bullish consolidation after the dump if last week and even till now still in an expanding falling triangle which is a bullish sign and so I decided to open the long position and it's still alive and moving in the favor of the bulls.
Gold price was consolidating between the support and Resistance Zone in a falling channel, so I decided to take a short trade to the next support zone and it went better than as planned.
Silver price Action was bearish after breaking down our long and strong Trendline support and price finally took support at our horizontal support and held above it from which I executed a long trade and as seen produced good profits.
Silver has formed a Cup & Handle pattern and Moved strongly in the upward Direction following the trend and currently in a minor consolidation at the resistance Trendline, which I think Price Action would breakout of in the coming days create even New Highs, so let's watch and see how it plays out. Further Breakout or rejection Breakdown?? Let me hear your opinions.
Gold Held our stong support from January and reversed from that zone and began holding a new support Trendline from which I took a long trade and it moved well in our direction and hit TP.
Gold price broke down my major Support and retest the support zone with a wick and rejected from it and price went bearish so I took a short trade and good results as Always.
Silver Price has broken our major Support Trendline and broken down /dump accordingly. But right now price is seeming Bullish and might likely go to retest the strong support zone or support Trendline according before further Breakdown. We'll see
The British has been in a strong uptrend and broke our support trend and retested in minor / lower timeframe and that's why we are in a short trade which is moving well in our direction.
Silver Price brokedown my major Trendline Support and dumped massively. Although after the dump I could see bulls trying to reclaim the highs again, also like I've said earlier Silver is still Bullish on HTF, and even now we can see a consolidation ranging phase approaching the resistance Trendline, so we'll see if it breakdowns further or breaksout and reclaims the Highs.
Gold price broke both our 1HTF and 4HTF Supports straight down and even retested successfully and pushed price well successfully and strongly. So ATM Gold is bearish and I took a short trade on it yesterday and it went in our favor as we can see.
GBP USD Price Action has been ranging between major Support and Resistance. I noticed price loosing bearish momentum as it was approaching my major Support and I decided to enter a long trade to the resistance zone again and it moved just as planned. Choppy Movement has resumed again but we'll see How Price moves, Overall still Bullish in my opinion.
Crude oil Price Gave me a good Bullion sign at the open of the market this new week, which I took and currently in good profits, after the dump and consolidation of last week. Although Price seems to be getting choppy at resistance, we'll see how long we can ride on this one.
Like I updated last week about Gold Price in consolidation and still have upwards potential. This was a Long posiyI opened and closed yesterday, because I later noticed it's still choppy and in consolidation especially after noticing bearish power on Price. Although I'm still bias bullish and think we're still in consolidation especially due to the fact Price is...
Silver price is trading in a symmetrical triangle pattern and not able to break the $33 resistance zone. Price looks bearish temporarily because it has broken our first major Trendline support but I believe the bulls to hold the next major Trendline support and keep silver in the uptrend otherwise. But for now price has to retest the Trendline and $33 resistance...
Gold Price is still holding key levels strong and Bulls seem to still be in control of the market. I believe Gold is in a temporary consolation due to profit taking traders and Price would still head to the Upside. A false breakdown of the uptrend support is forming. If the bulls hold their defenses above the key areas as I've indicated and Trendline support, Gold...
Silver price began a minor consolidation after the dump on Val's day and I noticed an Ascending pattern forming indicating a bullish trend to the $32 resistance zone at our TP. Although Price missed our entry at support, and also our TP. But I'm still looking for a good support and confluence with my trendline to get a good long position.