SPX broke the upward trend line and has started falling. The .786 fib rejected it and I think it will fall to the .618 fib. What do you think? Like, comment, and subscribe!
USOil is about to run to some old support. Here, we can wait for bullish confirmation then ride the wave back to the top. What do you think? Like, comment, and follow!
GBPUSD bottomed out a historical low and is safe to try to ride for a few months back up. It already showed bullish movement after bouncing off support. What do you think? Like comment and subscribe!
This can play out two ways: We can reach the first sell zone or the second sell zone. We will wait until price reaches one of these zones then ride the sell all the way to the bottom! What do you think? Like, comment, and follow!
USDCAD got rejected at the some old very strong resistance. Now we have a double top and we have confirmed bullish movement. I am entering into a sell and holding til the 61.8 fib line then see how the price reacts. Looking at the past, The price seems to like to make its way to the 50 line, but we'll try to get our money at the 61.8 line first then worry about...
Xrp took a dip like i predicted (check last post). On the daily we may see .16850 first then we may be able to take it down to .11360. After that, we can ride it back up to .18000 for a low risk trade with lots of profit. What do you think? Like comment and follow!
On the 1h chart we can see a bearish bat pattern. The price has just rejected the end of the D leg, and it is also a fibs line as well. I think this will cause a trend reversal and cause XRP to fall. What do you think? Like, comment, and follow!
XRPUSD is in a bat pattern and just turned bullish after being bearish this past week. We can put a close sl and try to ride the buy to the 61.8 fib then the 100 fib. What do you think? Like, comment, and follow!
XRP's price just got rejected at old horizontal resistance after a reversal from a Gartley Pattern. I believe XRP will begin to sell. What do you think? Like comment and follow!
XRP seems to have formed a head and shoulders and is forming the right shoulder. If it breaks the neck line, we can enter into a sell. I haven’t taken any positions due to too much sideways movement but we should see a big move soon. What do you think? Like, comment, and follow!
EURUSD has found a source of support after taking a fall. I think it is safe to open a buy position down here and try to ride it back up. We can put a close sl because if it breaks this support, it is going to continue to sell. What do you think? Like, comment, and follow!
USDJPY just went on a massive run. It is now being over bought. Not only that, it is a very strong horizontal resistance. I don't think it will break out. Now we wait to see if it will bounce off or come back down to the low end of the channel. What do you think? Like, comment, and follow!
AUDUSD is in a downward trend, but it seems to be losing steam. Bullish divergence has appeared in the RSI and it has stopped falling. I believe it will retrace to the fibs line (2nd red line) and continue to fall. What do you think? Like, comment, and follow!
The stock market took a far plunge with DOW seeing a 1000 point fall at one point in the day. However, SPX halted at support. If the Corona virus fears ease, I believe a bounce back will happen, but if the fears stay the same or become worst we can expect more of a fall. What do you think? Like, comment, and follow!
XRP is at a very strong support line again and it has already started to bounce back off of it. If the support holds we can enter into a buy position. If support doesn't hold, we can enter into a sell position. What do you think? Like, comment, and follow!
Looking at Ripple's 240m chart, you can see the Bollinger bands have closed in on each other. This signifies low market volatility. Now, the candles are starting to hug the top band, and the bottom and top band are starting to move away from each other which signifies more market activity. I believe since the candles are hugging the top band, that it is a clear...
XAU has lost steam and is showing signs of possible trend reversal. First, we have a sell divergence and second it has reached resistance at the top of the rising channel. What do you think? Like, comment, and follow!
EURUSD has been taking a fall for a while now and it may seem to be over. RSI indicated a higher low while the chart made a lower lower. Once the RSI leaves divergence I'll be entering a long position. What do you think? Like, comment, and follow!