The hard truth about all the retailer hype gurus out there. Knowing f*** all about what they doing. No more comment needs to be added to that. Sorry but thats the truth. Good luck holding your portfolio in minus for a couple of weeks/months. Its not about that. But its about your portfolio reputation. The game is not to get in at high prices and withstand the...
Please follow the Analysis on the RIGHT-HAND SIDE! As my chart explains, I am in for Longs on Gold. Gold hits this area frequently if we look to the left, creating clear zones, 4H zones, and lower timeframe "microzones". Following the zones, volume & price action I believe we will see a wick to the downside (as we could already before the market close) and...
Gold seems quite stuck to me, showing some MM consolidation on the latest close 4H candles, daily closed quite bearish/evening star. However Gold tends NOT to care about patterns and break out any moment. I see a rising wedge which would lead to gold making a further move to the downside and a failed re-entry/re-test of the ascending line. I'm quite not sure how...
Hi everyone, publishing my KISS (Keep It Simple Stupid) trend analysis of NZDCHF. As u tend to use lots of intraday trend analysis i find this setup a bit more clear for everyone to understand. But back to business, NZDCHF was trading for the last couple of days in a falling wedge pattern, under 200 EMA on 1H/4H timeframes. With occasional (false)breakouts. We...
Hi everyone! GBPUSD been showing bullish sentiment last week, with retest of the 200 EMA & certain Trend Lines (1H, 4H and Daily) giving further buy entry opportunities. I am looking on going long on gbpusd for a short term, taking in notice the upcoming events from the economic calendar. Entry would be in this case on the retest of 1H/4H trend lines & S/R...
Good Day Everyone! Made some analysis regarding EUR/USD. Color Legend: Purple - Monthly Blue - Weekly Red - Daily Green - 4 Hour White - 1 Hour To get "straight" to the point. First look on the daily is showing us a strong Up trend, confirmed by a cross of the 200 EMA. Now ideally we can wait for a re-test of that area, the Daily closing candle is a Inverted...
Good (Insert time of your day :D ) to everyone! I been analysing gold for a while now and trying to get better in in. Was doing a few analysis before i finally decided to publish my, idea, lets say. So i came up with this weirdly looking inverted Cup from my top down analysis. And as we know a inverse cup means a bearish sign or pattern. Now correct me if im...