We can see that price reached 50.00 level and after reversal it dropped to 45.00 level. RSI confirmed price reversal. Now price is not far from the resistance level and buying from this level won't be a right decision. We have to wait for correction movement to the support level and Moving Averages with periods 20 and 50. If the market drops to these levels, we'll ...
MetalCruisers
XAUUSD, 15,
Long
,
This is first trade in 30 trade journal starting now not next week because I like the setup. I am already in the trade as I posted earlier buy from 1247.1 which was triggered, but this is a separate idea with a new entry that I will be taking. Trade NR1 Capital 10.000$ Risk 5% Potential Gain - 1498$ Potential Loss - 500$ Buy - 1250.50 TP - 1264.00 SL - ...
A mysterious Litecoin project and countdown was launched today on MIT's official website: http://litecoin.mit.edu/ This has lead to many speculations regarding the project. However, I like extreme thoughts, so I want to speculate about something else: could Coblee, aka Charlie Lee, the creator of Litecoin, be Satoshi Nakamoto himself? Lets take the following ...
Akil_Stokes
PRO
USDCAD, 60,
This morning I got triggered & stopped out of a long entry in a matter of seconds thanks to some beyond positive Retail Sales news for the Canadian Dollar. Price has now retraced lower & nothing has changed much with my overall analysis for this pair. I still have my eyes glued to this pair for another potential buying opportunity and I won't let the 18 pip loss ...
Alexander_Nikitin
TOP
GBPUSD, 30,
Short
,
Mates. A gartley pattern is completed as Terminal Price Bar appeared. Wait for it to close and then wait for another bar to close to get the confirmation. I like this potential reversal zone not only because it is tight enough and the levels show strong confluence but also because of 1.27 even number in it. Typically these level act pretty good.
jacobts
LTCUSD, D,
Short
,
This is why I think Litecoin will retrace back to the 35.5 level BEFORE continuing upward. There is historical price actions at 35.5 35.5 is the .5 Fib Retracement from the previous low to recent high. And finally: we have been hovering in a price range of $5. This is uncommon for Litecoin which usually sees more waves up and down in it's action. Even the ...
HamadaMark
TOP
DOGEBTC, W,
Long
,
after we Advice @ last chart Trade with Doge Short terms Now we have Update and same advice for Buy Now @0.00000112 first Target= 0.00000137 Sec Target=0.00000197 stop limit @= 0.00000071 Risky = 35 % reward = 75 % Trade maybe take long time We recommend Capital Management We ask Allaah to reconcile and repay
LewisGlasgow
TOP
NZDJPY, 240,
Short
,
Hello traders, here we have NZD/JPY on the daily chart with a potential bearish bat pattern. All-round excellent opportunity with over 1:3 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 I'll be looking for additional confirmation before taking the trade!
chartwatchers
PRO
XAUUSD, D,
Short
,
Bulls took the bait nicely. The story is always the same : small traders are fed as they are chasing the price before the big correction. Big players and banks are positioning in miners shorts and gold shorts. The small traders are concentrating on a trendline breakout which died out. It's true we broke the trendline and that could be the beginning of a run higher ...