After creating maximum confusion the past days, the market eventually completed the ABC correction. So before getting bullish, it's important to remain objective at this point.
I said in bullish and bearish version, this ABC' up was likely to happen, so in other words, it is still bullish AND bearish at this point. We could simply just drop again from these ...
Hi friends! Welcome to this update analysis on Bitcoin! Looking at the daily chart, we can see that BTC remains under pressure, after the January 8th rejection at the 50 EMA (in orange.) The 50 EMA has been extremely resistive throughout the bear market, and the recent failure to rally above it has shown traders that the 50 is still a ceiling for the market. Since ...
I will open Sell after pullback and fake broke near $1288
- Price broke down triangle
- Daily candle close under it
After 100 like I will do all updates and will write S/L and T/P points it there will be an entry
The price broke below the 1,287.20 - 1,295.08 consolidation range (and as a result the Triangle) and is now targeting the 4H 1,276.40 Support (RSI = 36.846, MACD = -2.270, Highs/Lows = -4.0286, B/BP = -6.9780). This move may be expressed as a Channel Down but being oversold on momentum (STOCH = 13.662, STOCHRSI = 13.180, Williams = -86.196), it is more likely to ...
USDJPY is approaching its support at 109.07 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 109.84 (horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 7.6% where a corresponding bounce could occur.
EURUSD is still stand above the bull bowl.
This is also a result of long time sideways movement which seems about to be broken by a new swing up.
The small blue channel is about to be confirmed as broken above the support purple zone .
And a new swing could go up to 1.17 on daily chart on the first half year of 2019.
Less is more!
The Breakout Opportunities system has just sold AUDJPY at 78.491. The system recommends entering this trade at any price between 78.299 and 78.586. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.019, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high ...
EURUSD is approaching our first support at 1.1363 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1460 (horizontal pulllback resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also ...
The area between the $3,500 and $3,700 looks like almost the same as it was the area between $6,000-$6,500, a lot of fake movements up/down and Bart moves here and there. As it was then and as it is now, my recommendation is still - stay away from the market(!) but still, let's try guessing some possible moves and some possible movement confirmations ...
DAX is approaching our first resistance at 11778.68 (horizontal pulllback resistance, 50% Fibonacci retracement, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (Horizontal overlap resistance, 50% Fiboancci retracement, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also ...
Gold prices dropped on Friday and reached $1280 levels from intraday highs at $1294/95 levels. The movement still looks to be a corrective drop and it remains possible that the yellow metal rallies one last time towards $1310/20 levels before giving in to bears again. Looking into the wave structure, Gold might be producing a complex corrective structure A-B-C, ...
AUDJPY is approaching our first resistance at 78.84 (horizontal pullback resistance, 161.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 75.94 (38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react ...
UK100 Index is pushing higher after forming recent bottom. We are looking for UK100 Index to continue and keeps pushing higher even during the period of uncertainty.
Lets come to the point.
How you can trade on this chart.
1. Price has formed bottom recently and pushed higher and broken out the lower time frame correction watch for another same ...
This Your Trading Plan after $3500
Use 10% and wait for Btc at $3250/$3000
Be sure you follow risk Management due to if bears breakdown these levels and Btc close below $3000 weekly This means (SMA 200) broken and The consequences will be so bad for the market
and if this happened, this your second part of your trading ...
Currency Pair: USD.CHF
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Long
USD.CHF updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.