harveytiven

harveytiven

In March 2020, price reached all-time highs since March 2009 of 1.97726..since that high price has been consistently dropping. Between May 2020 and December 2020, the price was consolidating between 1.65753 and 1.61120. (that's a long time for market participants to be indecisive) Price broke out of this consolidation to the downside right at the close of 2020...

harveytiven

Monthly Analysis: Price is at the level where it's making a third touch on the descending trendline from 2007. (I know, that's a long time ago ^_^) Weekly Analysis: Price has been in an uptrend since March 2020 and it has come to the most recent highs since February 2018 in the 155.600 zone. This is a place where sellers could be waiting if price is...

06:50

harveytiven

GBPUSD has been exhibiting a textbook Lower-High and Lower-Low since June of 2014. The most recent lower-high was in April of 2018 and price made a lower-low in March of 2020. Since March of 2020, price has been in an uptrend and has not made a lower high than the April 2018 high, IN FACT, price has reached the same high of April 2018. This is a potentially...

harveytiven

OANDA:XAUUSD Gold peaked at 2077 in August 2020, which was the start of the reversal from that all-time high. Price dropped 15.01% over a period of four months to a low of 1765 in November, lets call that wave 1. Price from December 1st to January 5th price retraced to 1960 which was a 61.8% retracement on the Fib, let's call this wave 2. Between January 6 and...