DanengXiong

DanengXiong

Head and shoulders forming on 1 hr and 4 hr for BTCUSD but I think it will be a fail. These patterns don't always work and given the extreme bullishness we've had with BTC in the last 9 months, I believe we will continue with the the bullish momentum to the upside. I'm nuetral in terms of investing more into BTC but I'm not selling either.

DanengXiong

We are hitting a nice support, I do not think it will go past .03, most likely it will stay around where it is right now until the market decides to move it up. I know for a fact it will go up and the closer to July 4th the higher it will go. Once it hits the .000075 btc mark it should stay around that area or higher but it won't come back down anymore. This...

DanengXiong Updated 

These are areas where I think will most likely reverse back uptrend.

DanengXiong

BTCUSD retraces back down between 50 - 61.8 ... good area to buy again.

DanengXiong

Divergence showing to the upside. Strong uptrend on 4 hr and day chart. hitting major support area. My analysis says this one is heading up. I'm buying!

DanengXiong

Hitting 4hr chart resistance. Shorting opportunity with the 4hr chart and day chart trends.. Bearish.

DanengXiong

Short Opportunity: Reaching 4hr chart resistance. Divergence, trading with Higher time frame trend (Bearish)

DanengXiong

Selling Short Opportunity: Hitting major resistance on 4hr chart. Divergence. both 4hr and day chart tnding South.

DanengXiong

CADJPY hitting Major Support on 4 Hr Chart, Divergence showing.. Buying with 4hr and Day chart trending Bullish.

DanengXiong

Currency pair has gone over 100% of 20 day average.. London brokers closing their orders, should cause pair to go opposite direction, in our case (UP) we are going with 4 hr and day chart trend (bullish). Divergence showing. Possible consolidation around the TP1 area.

DanengXiong Updated 

NFP News coming up, bearish outlook for USD. It may come down to retest Day chart support before shooting up when news comes out. Be careful trading NFP as it can go either way.

DanengXiong

buying opportunity. retracing to the 50% fib. going back up and continuing it's bullish trend. Very bullish on 4 hr and day chart. Expected to hit 79.037 and beyond. Possibly consolidation around the blue shaded area.

DanengXiong

buying opportunity. retracing to the 50% fib. going back up and continuing it's bullish trend. Very bullish on 4 hr and day chart. Expected to hit 79.037 and beyond. Possibly consolidation around the blue shaded area.

DanengXiong

buying opportunity. retracing to the 50% fib. going back up and continuing it's bullish trend. Very bullish on 4 hr and day chart. Expected to hit 79.037 and beyond. Possibly consolidation around the blue shaded area.

DanengXiong

Hitting Day chart resistance... coming down to possibly touch 61.8 fib retracement. 20 day average range is around 80. Makes sense that it will bounce off 61.8 since strong support is there as well. I will buy when it gets to the zone.

DanengXiong

Short for USDJPY coming up... depends if it will climb back up to the 38.2 fib retracement. If it does... it will hit a weekly chart resistance as well. You will also have a day chart resistance right above that to put your stop. I set my alarm and will be shorting if this scenario plays out.

DanengXiong

Head and shoulders formed, about to break through neckline. Will be dropping to consolidation area in blue.

DanengXiong

Entering at support of trend line would be ideal, then exiting around 76.000 Look for signs of reversal down at that point, if still bullish then hang on to TP 2. Going for TP 2 All depends if breakout occurs.