Taking profits soon, look to re-establish positions near green zones.
Appears to be complex consolidation resolving to the upside. Try to find longs.
Gold in longer term bullish trend. Looks like a complex consolidation, try to time a long entry on pullback. Tight stops and look to re-enter lower down if fails. Will update chart if it does fail.
Chart looking bullish for Nat gas, will look to time a long position in areas of green. Top has been tested several times, would expect a breakthrough soon.
Daily trend is still bullish, will continue to try and find a bullish entry on pullbacks. Weak close last week. Would expect to form some kind of double top/head and shoulders before continual back down towards bottom of range. Will see how the entries pan out early this week. Looking for longs on the 1h/4h setups going into Monday/Tuesday, with short bias...
Feel Oil is over extended on its recent bullish run. Expect a pull back, then will look for a daily higher low forming and continuation pattern/equilibrium develop. Looking to play short near here. Looking to play long in green zones if support comes in.
Think BTC ranges some more - I propose true spring is not yet here. It will coincide (coincidentally) with news of a delay of ETF decision.. which will likely be released ahead of the expected deadline (30th sept). If it is going to be positive - expect a dump leading up to it (dump before the announcement). Followed by spring. If it's going to be negative -...
Expect to test this resistance before a dump to new lows. Setting bids with Tight SLs.
Trade Journal: Expecting a short-term rally after persistent dumping. 1: Expecting to range towards the bottom of the supply zone. 2: Expecting breakout to retest previous support. 3: 1/2 position speculative long with tight SL. Supporting: RSI should head into the oversold area. Bankroll was decimated in a previous trade with no SL in place. Mental...
Nice bullish move. Now needs healthy consolodation. Move past 7800 = rektttttt
ETHUSD is loosing steam.. there does not seem to be any capitulation to trigger the next leg up. Bearish divergence on RSI developing. Likely see a leg down to 550 in short term.