gold is in an uncertain situation . it is in a descending channel that i think this channel is a bullish flag that is crystal clear in weekly time frame. here, where I have placed a circle, we see a coincidence of 3 important key values. EMA200(of daily time-frame) EMA50(of weekly time-frame) and strong support level bellow 1790usd. i think it is the best...
this pair was in a symmetrical triangle between a mid-term (1 year) uptrend and a short-term(4 months) downtrend. 21 days ago this pair had broken this triangle and reach the 1.08440. the best way of trading symmetrical triangles is to wait for a deep pullback. it has been occurred now. the zone between 1.057 to 1.062 is golden fibo retrenchment in coincidence...
according to its last defeated try to break its triangle (flag) Bitcoin is pointing lower targets, even more than last week. i personal think to see this crypto king in lower levels in touch of its short-term sharp uptrend line (around27000- 29000usd) and even in 18000-20000usd to retest its long-term normal uptrend line. i do not sell it,because its overall...
there is 2 trend-lines for Bitcoin. the blue one is Mid-term line(1 year) and the green line is a new short-term (140days). i think bitcoin will see the horizontal S/R zone around 26000usd, it can also break this line and go to major S/R zone of 20000usd. in the other hand the long-term and overall trend is uptrend. i prefer not to sell Bitcoin and just wait for a...
beyond to the mid-term uptrend and below a strong SR zone we have an ascending triangle. i will buy this pair if and just if i find a daily close beyond this SR zone .it can be a good RRR of 3 or more.
this pair has made a very nice symmetrical triangle in last 340 days. there are some possible long levels, but i personally like to buy it, in the 1st pullback after a clean breakout of this 1 year old symmetrical triangle.
the ling term uptrend is broken . the midterm trend is downtrend. price is in a key level.
this pair has broken its symmetrical triangle and also today the broken line got tested.
1- in the last 15 weeks the AUD has been one of the strongest and JPY has been one of the weakest currencies. 2- this pair has started an uptrend since 280 days ago, this trend has been broken its 8 years downtrend and has retested the break point. 3- a head and shoulder is visible in weekly, its apex is around 79. then i will long as soon as this pair make a 4h...
eurusd has broken a long-term downtrend line. it has started a very strong uptrend ....BUT......it needs a rest now the best place to get fresh and start again would be major SR zone of 1.2000. let us buy there and not sooner....
its a month that this pair has started a bluish trend.it could be pullback to its mid-term downtrend , but in continue this pair Did break the trendline and make a weekly close beyond that. know it seams we have a flag bellow the strong and major S/R zone of 1.07200. to have a safe entry we can buy this pair after breaking of mentioned zone note that ROC of AUD...
this pair has been broken its long term uptrend. i am selling in the 1st pullback to reach at list last swing low.
now the uptrend of this pair is fresh and new and i think it will give us a fantastic RRR. i have high lighted possible 3 targets in my chart.
in all our last analyses , just insisted in buying gold. because its long term trend is uptrend. take a look at my following last Ideas, if you want to get more familiar with Gold behavior. if you have missed investing in gold, dont worry, Gold gets exhausted soon. it will happen a retesting of broken channel or at least a good pullback. you can ride there.
in the weekly time frame: gold is in an healthy uptrend and is making a flag to fly higher than its last highs ...2300 usd and more .... in the daily time frame it is a downtrend channel and price is in the higher band of that. gold need a strong close and at least one complete candle beyond this Chanel .... if bears come in, Gold may make another short-term...
the long term trend is uptrend and it seams Gold is making a big flag to reach higher targets(2200-2300) but in the short time , gold is trying to go out of its channel .now the volatility is low . as a new buyer we have to wait for a strong breakout of channel top or another pullback.
the mini downtrend Line is broken and now it can reach its last swing high at least.
in the daily time frame gold has reached its short-time downtrend channel. if you check weekly , Gold is just here to make a kiss to EMA50. i think gold is in a Healthy uptrend but we must wait for weekly price action signal . i don't buy just now, i would buy after weekly confirmation.