I want to kind of clarify a few misconceptions on the difference between trading and gambling. The comments from my previous post, which are much appreciated, have led me to believe that many of you are gambling instead of trading. I want to clarify that EW and Fibb are not crystal balls, they are simply probable areas for trend reversals. I won't get into why ...
The price has successfully broken and stabilized above the neckline of a gigantic inverse head and shoulders pattern. I suggest two targets for the pattern, one conservative and one longer term target. Any pullback should be considered an oppurtunity to long on any shorter term confirmation.
Trade with Care
Technician
BTCUSD update: The key resistance is the 4203 to 4548 area which is the .618 of the recent bearish swing. If price fails off of this area, it will need to find support above 3690 in order to maintain the current bullish structure and a chance to push beyond the 4548 level. If 3690 breaks, that could be the beginning of a correction that can take price back to the ...
Few people realize it, but the cryptocurrency markets have already topped.
Bitcoin is currently bouncing back to the $4,500 area, at which point big money bottom accumulators, who were taken by surprise by the recent aggressive dumps, will proceed to exit their positions by selling Bitcoin as well as other cryptocurrencies such as Ethereum.
This will create a ...
USDJPY in 618 fibonacci support, aim for 1.414 projection at 105.579 with stoploss at 113.025
Open short : 111.79
Stoploss : 11.302
TP : 105.57
TP in pips : 619 pips
Risk/reward : 4.86
After reaching our first two TARGETs (see chart below), the pair could develop another bullish swing, we'll see!
if you think this analysis can be useful, leave a your comment or your ILIKE!
Thank you for support and trade with care!
OUR LAST SETUP
(Click and Play)
https://www.tradingview.com/chart/EURUSD/BDr3FbMB-C-STILL-IN-PLAY/
USDJPY Rejected from 111.75 the 0.618 level
and now is going down.
Sorry I update in china tradingview website
but didnt have time to update here.
USDJPY is likely to continue to fall to 110.06
so find pull back to short
The market’s advance reflected renewed confidence among traders that likely stems from the emergence of Japan as a major player in the global crypto markets. Many major Chinese traders have already moved to Japanese exchanges, even though OKCoin and Huobi will continue to operate until the end of October.
Crypto prices suffered last week as Chinese exchanges ...
I dont know about the fundamentals for this coin, I just look at the chart and I get the feeling that something is brewing......
Strong rise in volume and about to break out after some days of steady rise.
Fibonacci Resistance Levels all coinciding with Previous Highs.
it must break through all these Resistance Levels in order to get back to $5,000 price level.
Sean Vengan
Professional Trader and Trading Educator
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE
2. ...
Just a new trading opportunity which can be used for adding some volume to the previous long trades. The price moves above the cloud and it confirms that the market is bullish. We can use a breakout signal for entry. Pending orders for buy should be placed above 340.00 resistance level. Stop orders must be below 280.00 support level. Profit target is 400.00 level ...
Hi fellows, I think this trade setup is clean and clear. We are already at the top on weekly time frame. If EURUSD has reversed the longer term down trend then at least it has to correct back to 1.12 or 1.10 before the next up leg. So during FED rate decision watch the strong breakdown on this pair. If we see strong breakdown then keep selling this pair up to 1.10 ...
Hello, guys! This one will be very Comprehensive because I will not be able to be in front of chart tomorrow especially during the FOMC.
First, 1270 mentioned before! I now say based on my analysis that 1270 is trashed from my view!
Or should I make a louder statement? Okay - The Death of 1270! Does it sound better? lol
When it comes to my trading, it is very ...
![EURUSD: [EURUSD] CONSOLIDATION?](https://s3.tradingview.com/y/y51xUM8s_mid.png "[EURUSD] CONSOLIDATION?")
