TechknowLobster

TechknowLobster

This chart doesnt need anything fancy. I think this shooting star on the weekly is pretty clear. It definitely could spring back up to the previous high made by this monster weekly candle. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of...

TechknowLobster

Be watching for this neckline to break. It would be a very obvious head and shoulders. Watch for the fake neckline rejection, though.

TechknowLobster

There is a 0% chance 106.50 doesn't get touched in time; I like the daily candle and TL here. I will long this to 106.50 and add any chance I can to better my position.

TechknowLobster

While everyone has been buying Bitcoin to death, I have been selling it for quite a while; this diamond formation put my positions into profit overall, although I am looking for 61, then 57 before re-evaluation of my stance. Good luck.

TechknowLobster

I will be watching this plausibility. It makes sense. Everyone who follows can see how bullish Ive been on gold, But I will have to see how this month gets going before I add to my already longs. We could see a major retrace to the 2080 area before it happens. Or we may just keep on moving up. Again, it will be hard to tell without seeing some price action first....

TechknowLobster

There appears to be no reason to refrain from pursuing a short position, assuming the price action aligns accordingly. This scenario has the potential to evolve into a substantial range. At the very least, I anticipate considerable resistance in this area, and that is without even considering the bearish pressure on the monthly candle. If the price breaks through...

TechknowLobster

I adore the conclusion of each month as it presents an opportunity to delve into long-term positions that can be added into over time. The USDJPY hanging man on the monthly chart is particularly intriguing to me. As a result, I plan to initiate multiple positions, as depicted on the chart. My goal is to reach the 143.50-145 range in due course. Until the evident...

TechknowLobster Updated 

I already long gold, but I really like this possible inverse we are sitting on the neckline of. Watching closely.

TechknowLobster

Nice little formation of patterns have developed here. Pretty simple and clear trade. Inverse plus wedge break.

TechknowLobster Updated 

I know most of my charts are pretty simple. I refuse to clutter them with indicators that dont work just to get some extra clicks. Or make it look fancy. Trading is not fancy. Almost 2 decades, never seen a single indicator worth its weight. Price action / SR rules always.

TechknowLobster

Maybe one more extension, but I look for those gaps to be filled sooner rather than later. Maybe by July or so.

TechknowLobster Updated 

Im getting some possible signals for sell here and this is one of the possibilities I am looking at outside of the corrective channel it seems to be making a possible head and shoulders (as always never trade and HNS before confirmation) but I will be watching that 147 area quite closely if it keeps shaping up.

TechknowLobster Updated 

Last week, I manually closed my gold shorts at a profit and switched to a long position. I also updated that chart to reflect this change. This weekly gold chart appears ready for a move, and I believe it will likely reach the 2080 area before fluctuating and eventually moving higher. (2185) However, let's focus on this initial move before reassessing.

TechknowLobster Updated 

Gold refusing to fall through the 2020's has provided a fair amount of long scalps, but in the bigger picture i think gold moving up is in the cards. I like 2060-85 and eventually 2150. Its gold so there will be a lot of volatility. thats why you trade small and accumulate always

TechknowLobster

I would be all eyes on this EURUSD chart as we approach an extremely important trend line here on the 4hr and daily. Any break and retest of this line would be worth a short. Alternatively a nice bounce would carry quite a nice RR on the long side as well.

TechknowLobster

Even though I am already long AUDUSD (see previous setups if needed) I found this to add to the possible outcome of the trade. I will be watching closely as the neckline of 0.68xx area creeps closer. Important rule: Never trade a head and shoulders unless its confirmed, they can murder you on a false break. However due to already being long it is helpful to keep in mind.

TechknowLobster

I would expect Gold to make some moves to the 2046 area this week. Perhaps some scenarios we see are an exhaustion gap to open up the week followed buy a fall to get out the rest of the buyers in the market. Or perhaps just a move up to 22xx to get that psychological number printed before we fall. Anything can happen but I will be scaling any upside movement for...

TechknowLobster

Easy play here on AudUsd, trade is right there on the chart.