rjpview

rjpview

did you see that on chart, yes its absolutely respond diagonal pattern which means it always gold is uptrend until world will find another way to get gold.

rjpview

in monthly time frame it nicely rejected major trendline..and now its on the way short by forming h&s in day timeframe...usually h&s,evening and morning star...even hammer-hangingman-shooting star-inverted hammer in the middle of the trend is trap pattern..but here we see clear short...so ready for short upto again major support of 1680...but it will not break...

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in monthly timeframe as we see high chance for up...1680 is crucial support to watch..

rjpview Updated 

Though its manipulated by some morons..it not skyrocketting...and thoug small countries accept btc its not affect markets..in my view world bank in future may bring all cryptos under regularization...because nowa days anyone can start crypto mining and publish their coin online whether its crypto or not we dont know...even i am long time trader in the markets i...

rjpview Updated 

gold still in the trendline of up trend....broken the cup and handle of monthly chart..now retest position...next week it may continue its uptrend wait for confirmation...

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Btc has huge evening star..but rsi also has same down...so let wait for confirmation

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Another Head and shoulder....

rjpview Updated 

As you can see its touched two side long time support in trendline.....and already its in cup and handle in monthly timeframe+flag chennel in weekly timeframe....and because of covid even many steps taken by world countries its critical to recover suddenly...so be ready and watch for buy side

rjpview Updated 

previous analysis updated...now its clear...channel and H&S...

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look like h&s

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Btc within channel...which is now buy side...but it always like bubble....carefully take trade...its not important of investment include elon musk....

rjpview Updated 

4 hr timeframe form a inversed head and shoulder...buy if cross above neck line

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Long time resistance now reacting..so we can go for long with resistance as stop loss

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Always better to analyse both fundamentals and technical is best for trading... fundamentals news are against dxy...so we can initiate buy now

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Fundamentals shows that europe and western are fear about btc...so it may short

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Now it start to second shoulder..so short term sell and buy in dip.. it's long time

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Buy upto next resistance

rjpview

earlier it forms H&S..but usually H&S fails....now its forming rising wedge...take trade according to confirmation....in day or weekly timeframe we need higher equity with high stop loss...but it gives excellent risk reward..