Very beautiful chart from Toronto Exchange Market these days. If you have TSX tickets it is now time to buy in and hold for the uptrend. TSX broke out of the downtrend channel and I have no reason to believe it is a "fakeout". Good indicator support and good trend lines. I'm expecting a small amount of correction between 19400 and 19200 since the RSI index is...
Hello everyone, I've been looking at #USOIL for a while now and I want to share my setup with you. A quick look at the fundamentals of Oil market along with a beautiful chart for oil tells me there is no stopping oil in the short term. Some reasons for bullish Oil: - Potential legislation to tax Oil giants floated by Biden in the closing days of midterm - Dem...
Hi everyone. We are about to reach the 0.5 Fibonacci level, which is around 73.5. This indicates whether we're in a correction or we started to see a downtrend. If the chart pivots from 0.5 level it can take back the previous high at around 85.30, which can then go to 100$ if it breaks the 85.30 level. As long as we're above 73.5, the 0.5 level is 100% in the...
Hello everyone, this is an update to my previous video with the link below. I think we're in a bull run and we can see 1.27 as the target in the next couple of months. I've explained how to out your Stop Loss, so do your own analysis before making a trade.
I think we can see 1.27 till the end of the year or the first months of next year. Overall I'm long for long-term. It also has good support from Ichimoku cloud which historically holds up. As long as it holds the orange line long would be the correct position. Orange line would be a good SL.
Hello everyone. The pivot point from the correction is between 0.5 and 0.6 levels. Obviously loosing any of those levels are going to delay the bullish move. You definetely have to be careful of the Ichimoku cloud. Loosing the support for cloud would exaggerate the bearish move. Note: Do you own analysis before making a trade.
My thoughts on ETH/USD. You would want to be careful of the mid channels, but other than that the chart looks really good for short term. I will be updating this chart as time passes. Let me know if you have any questions. Note: Do your own analysis before making a trade.
I'm not seeing any signs for a short. The price tested the previous ATH and now it's in a trending channel. I would wait for more confirmation to go long for short-term, but if you have any the chart says you should hold. CAPITALCOM:BTCCAD