javierasis

javierasis Updated 

Price should rise now considerably

javierasis Updated 

Stop loss accordingly to enter this trade.

javierasis Updated 

SEC decision is around the corner and too much cautious sentiment might bring price down to gold parity levels (red dotted horizontal). Short blue arrow points middle line of a long term pitch fork indicating where balance is situated on a long term perspective view. The end of the square, marked by the green vertical line, could trigger change in price direction....

javierasis

Outside of the arc pair, where price has corrected 45 degrees verticality (green support angled segment parallel to 1/1 angle), still showing strength for another push upwards. Current parallel resistance has been tested a couple of times and we’re close to the end of square time period from the Gann setup (reversals or spikes are common at those areas). My guess...

javierasis

This is the hourly chart. Primary support and resistance inside triangle, and then at inner sides of Gann channel. Top resistance at thin green horizontal line above price and support at ~gold parity (red dotted line bellow).

javierasis

Stop loss for long and short positions marked in green and red lines. Closing above the 61,8 fib (right hand scale) I wouldn’t credit the figure anymore; price might rise then up to the top triangle line (yelow)… and we will see from there on. We’re still inside the arcs channel so price might bounce back from there to rich new lows inside, or outside the lower...

javierasis Updated 

My last Bat figure published was setup wrongly. This purple one worked out and the one in yellow is coming along. We'll see.

javierasis

Possible dip to next support level, maybe dipper.

javierasis

Price not closing above top line of the sq. could trigger this bat formation to be accomplish. Else we might see new ATH.

javierasis

I’ve forward Gann settings to match arc pair’s resistance. Chances are for a pull back as price is moving away from 1/1 angle and approaches third arc pair. Red dotted line is ~gold parity. Happy trading.

javierasis Updated 

Tension keeps on building up. Third and fourth last candles together make a bearish signal that hasn’t accomplish, followed by a doji and another one about to be completed. Uncertainty is the only thing I can think about. Volume is relatively high meaning that sellers are ready for the appropriate signal. Up or down? when? No one knows. I’d rather knowing where...

javierasis

Price finally went up climbing the 1/1 angle and has been stop by the 1rst arc pair. I wouldn’t go long until price has closed above the current square top line, but that’s me. Until ETF approval / denial we might see some daily trading opportunities out of profitable enough swings. Extension lines might be a bit old now but still I think a dip down around that...

javierasis Updated 

To keep it simple, price might get down to ~1100 before continuation of current uptrend (may go lower down). Arc resistance has been strong up to now on this singled arc; price could take its way up with help from the 1/1 angle magnetism. In this case, two resistance levels marked in blue discontinuous lines, plus the top end line of the first square, will test...