hey guys, how are you all doing? i want to share my idea on Natural Gas price action. since making a high, price has steadily dropped before showing signs of support. I made the measurements and found AB=CD. However, the time element and exact .618 retrace of C leg isn't met but imho is close enough to warrant an entry. The MACD and Klinger Volume are showing...
hey guys how are you all doing? Gold and Silver are trending higher but i think this bullish trend will not gain momentum. The chart price action at H4 looks like a good bull trap with possible reversal at $26.7 as shown in the ABCD pattern. But like all things in the market, this isn't set in stone. FA wise, the inflation rates in the US, although high, are not...
HI guys its been a while since I last shared my chart. Like everyone else during this pandemic things had to be taken care of first. Before I share my TA, I would like wish you guys a safe and relaxing Sunday. If you like my TA, just LIKE and FOLLOW me for a Weekly TA of various assets from Crypto, FX to Commodities by reader (YOUR) request. BIAS: Long Chart...
Hey guys how are you all doing? I hope you all are doing good and at home keeping safe. This is an update on my BTC D1 chart based on my algo. It appears we're still in consolidation, at 7100 to 7400, key levels of support is at 7100. Volume is compressed, getting ready for a big move. Key indicator to watch out for is D1 ATR, if it falls below 500, and H1 is at...
Hey guys how are you all? I hope you all are keeping safe at home during lockdown. I haven't shared any new market analysis for fx EURUSD, so now i want to make a short one. I am currently biased to Long. If you like my idea, even if you disagree, give me a thumbs up and follow me on tradingview. Safe Trades Everyone
hey guys how are you all doing. this is an uodate to the chart i published earlier where i was midterm biased to Long after correcting to 6,480.. I rechecked my chart and my algo has shown potential for a deeper correction at D1. I base my bias on WMA 1,2,3 and the Soch RSI and RVGI at D1 where they all show bearish bias. Invalidation for Short is IF we bounce OFF...
Hey guys how are you all doing? The volatility and price swings have been crazy the past week and this has been a great opportunity for us traders. In my previous post I was expecting a bounce from 6200 to be followed by a rally to 7k. But alas! Correction went further down, and touched the the Ultimate .50 fib Support at 5880, which was my invalidation price of...
Hey guys how are you all doing? This is an update to my previous post where I was biased to Long. Before we begin I would like to congratulate those who placed trades in my previous targets of 1.095 and 1.10665. Now for the D1 update using my algo let's begin. Key Indicators: 1. Price Action: Price has been steadily going upwards and after hitting the .50 fib at...
Hey guys how are you all doing? This is an update for my previous post now in D1 time frame. Last post I set a target around at 1.092 on H4 candle, which I would like to apologize, the time frame was more appropriate for the Daily Candle. I have been gone from FX Markets for quite some time since I became active in crypto, and I guess I was expecting the same...
Hey guys, a quick update from my previous post where I talked about the Weekly chart based on my algo. In that I was bullish, still am. Let me explain what how I see the H4 chart. Let's begin. Key Indicators at H4: 1. Stoch RSI is going downward but has yet to touch the midpoint at 50. this is expected from a pullback. 2. Volume: There is a big red bar showing...
Double Top with possible bounce at neckline.
Hey guys how are you all doing? We have reached past 6500 and I'm looking at 7000 to 7200 this week. The price for profitable mining was at 7700 before Corona event, it is now an attainable target if price action continue. I will be giving an analysis for the Weekly chart. I am heavily leaning on my algo for this analysis now that the corona panic hasn't brought...
Hey guys, how are you all doing? Crazy volatility on Sunday. It will get crazier with Volatility in S&P 500 choppy and unpredictable, and dangerous to catch the wild moves as it is prone to slippage. The same volatility was seen in BTC last night.This week will be brutal. Companies are illiquid and the dollar value will rise in a few weeks because everybody is...
Hey guys how are you all doing? Last post i talked about waiting for Saturday for a clearer picture. And in that post I updated with a long position which I closed after 6700. I didn't play the short since I wasn't sure yet as there was nothing but air on 6700. It either could go down or go up. It went higher. While I'm happy, the recent bloodbath is still fresh...
Hi guys how are you all doing? I'm picking up from my previous post last March 8, I apologize for not following it up right away but I too panicked below 7700. I needed a few days to calm down and formulate a new strategy. ALL ASSETS took a beating, no safe haven was safe. Liquidity right now is the best commodity and in that regard Dollar is still king. I'm...
Hi guys, this is a follow up on the chart I published about a week ago, in that I made an observation for 8500 as possible bottom before the next leg up and an invalidation if it went lower. Here is a follow up on that observation. The BTC price somehow briefly rallied the past week amidst the global stocks panic with price tentatively rising above 8500 (as it...
Hi guys, just wanted to share my thoughts about the BTC price action the past week. We are currently looking at a descending trendline that's been continuing ever since we hit a big liquidity zone at 10300 on Feb 24. I feel today's price action will dictate the halving story this coming May. We are nearing the Weekly and Monthly close and right now after the...