
TechknowLobster
@t_TechknowLobster
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TechknowLobster

For some reason I still have a bullish bias on gold, but I cant deny the possibility of this playing out and taking price to 2178 area. It is a pretty clear pattern, the only part I do not like the the neckline sloping upwards instead of downwards, but the right shoulder checks out. Keeping an eye on this

TechknowLobster

Regardless of my overall bearish bias on Gold, I think now is the time to take some longs for the 2410 zone. Between here and 2310 is all very nice support against 2410.

TechknowLobster

Gold needs to fill 1840 at some point also the 2040 area. This is a 100% going to happen at some point. I plan on shorting at 2389 which will be extremely low risk with a stop over last months highs. If it doesnt give me the signal im looking for Ill have to remain flat on it, unless it breaks up. I think gold may go beyond 3k after the fill of 1836-40

TechknowLobster

Another view of BTC here following up on my last post. Same result, after the move im looking to get long for 67 again.

TechknowLobster

Clear channel break and head and shoulders here, BTC to 59 area.

TechknowLobster

Bitcoin to 67-68 here. Nice overthrow off the pattern and bounce off support. Halving in a couple of days but I think that will not be necessary once this trendline breaks.closed most of this position a couple runners left, nothing serious till after the halving.

TechknowLobster

Here is what I think will happen in Bitcoin: It will drop to 57, and I will long for 67. There is a clear descending here. Just waiting on the breakdownClosed short last night, accumulating longs for 67 now

TechknowLobster

This chart doesnt need anything fancy. I think this shooting star on the weekly is pretty clear. It definitely could spring back up to the previous high made by this monster weekly candle. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of it. It is not an opinion if the candle is bearish. Is everyone going to go against the very clear sign? If the price moves up, okay, it moves against a clearly bearish candle; it's a small loss, but if it goes down, are you all going to ask yourself why you didn't pull the trigger on the world's biggest shooting star?? I prefer taking the bad beat over missing the obvious.Furthermore, friends, open up your weekly gold candles. There has been ONE single shooting star in history that the following week closed above, by 2 dollars, and was quickly turned down the following candle. Every single other one of them has been closed below the following week, forever. Are we now going to assume that this even bigger shooting star is, for some reason, not bearish? Once again, id rather take a bad beat then deny the obvious signs. Targeting 2045 before the assessment.

TechknowLobster

While everyone has been buying Bitcoin to death, I have been selling it for quite a while; this diamond formation put my positions into profit overall, although I am looking for 61, then 57 before re-evaluation of my stance. Good luck.

TechknowLobster

After this monthly print I think this provides a really nice sell opportunity on ETH. The risk reward is worth it, I like the action.Well ive taken profit on some and put the rest of my stops at +1. Will let this thing run on down and maybe find another position at some point if it allows me.I think that was a success
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