Bitcoin Chart is forming a bullish pennant, following all the rules of correctional patterns. Currently, we can see how the price is re-testing the support level, which is the last part of the bullish pennant formation process.
I've marked all important things on the chart: zones where the price positively reacts on harp resistance Fibo levels. Moreover, you can...
As suspected, the inverse H&S i showed in my last update failed and now once again testing the 7100 support zone.
Think the triangle i am showing here, might be something. Mostly maybe because it gives room for one more trap move (shake out) to around 7300/350. Doesn't mean it will happen of course, just saying we need to assume it can easily happen. Think the...
Friends, please at first, support this idea with your Like and any Comment, thanks.
Reasons:
- Price near Resistance Level
- Resistance level 7310$
- After fake breakout of resistance level we can open short
- Always do your own research before opening positions
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any...
Undeniably both fractals look similar. The November - December 2018 sequence with the November - December 2019 sequence. The first provided the bottom of the latest Bear Cycle. Can the current one provide the bottom of the June correction? This is what I will address on this study.
Let's start off with the similarities of the two sequences:
*It all starts with a...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
We can open Buy in marked Zone because:
- the Trend is mostly bulish;
- the price is above the Mirror Level;
- potential profit will be in 3...5 times bigger than risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analyze.
Write your comments and questions here!
Thanks for your support!
Hello Traders
Usdjpy broke through the support line from below but could not gain a foothold.
The price made a strong upward movement and fixed at support level 109.23 and I expect growth from this level to 109.95 where there are 2 very important resistance lines.
Uber co-founder and former CEO Travis Kalanick dumped close to $166 million of company stock over the past three days,
continuing a selling streak that began in the first week of November.
The 43-year-old founder sold a little over 5.8 million shares between December 11th and December 13th, according to an SEC filing.
Uber's co-founder and former CEO Travis...
Bullish signal and signs of finally forming a base.
15% short interest
Company profile
HEXO Corp. engages in the manufacture, production, and distribution of medicinal marijuana. It offers products through the Time of Day, H2, Decarb, and Exlixir No. 1 brands. The company was founded by Sébastien St. Louis and Adam Miron on October 29, 2013 and is headquartered...
Short term price target $460.
Elliot Impulse Wave - We have just completed wave 3, consolidating in a horizontal wave 4 and painting a bull flag taking us into wave 5. Wave 5 catalyst will be 2019 Q4 earnings in Feb 2020.
Fibonacci - Drawn from the $176 bottom in June 2019 to a 61.8% level at $350, gives us price target of $460 in Feb 2020.
Macro Environment...
Dollar broke through the important support line and rolled back to it after reaching the support line below. I expect growth to the level of 97.6 after which the price will return to the support line
The idea is to go to touch one of the 2 green areas marked before making a new impulse marking a new maximum as proposed.
Elements used:
1) Resistance zone and important supports.
2) Professional Market Maker method.
3) Fibonacci retracements.
GOLD is now on our list for next week, prefering to sell alone with the red pressure line.
The expectation will change if gold go sideways to break the line.
The target zone now is 1400-1430.
Good luck!!!
LESS IS MORE!
As you can see the strong relationship Copper has with Chinese equities, you will notice what has been the case for these final stages of the economic cycle, metals have been moving miles ahead of equities.
We got the floor set in Copper as widely expected all...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hi there,
EURUSD is still in bearish trend and forming very nice setup with previous trend.
Wait and watch for the correction to appear and get in the trade.
Watch video for detailed analysis.
Good Luck.
Friends, please at first, support this idea with your Like and any Comment, thanks.
In this video we will take a look on BITCOIN , ETHEREUM and RIPPLE vs. US Dollar and I will show you my own Trading Plan and where are the best places for opening positions.
As you remember English is not my native language, so please don't judge strictly my English, I will...
Are you a bear ? RUN!! RUN!! Your life is short here!
Dear friends, I bring you this indicator that you will like, no complexity, just buy signals.
We will try to find possible turning areas, and you will have 6 weapons to use.
Look at the simple configuration:
- BOMB
- KNIFE
- DYNAMITE
- DAGGER
- GUN
- CHEMICAL
- Minimum Level
let's start...
BOMB = high...
I just did a Bollinger Bands script with my newly CB moving average
While I'm generally against posting strategies because it's very easy to fake performance numbers... This is just to share a cool strategy snippet. My settings are 10 contracts/order with pyramiding set to 10. You can make...
Have you ever asked yourself: "Why some traders fail while others make money? "
In this post, I would like to share with you my ideas, which will explain the difference between successful traders and those who lose money all the time and provide the answer to this question.
There is a well-known fact that in the financial markets, about 90% of traders fail,...
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines.
A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line.
Each of these lines must have been touched at...
Look at the local lines on the chart!
Each of them should be considered separately.
It can be an intraday trading strategy:
after a few taps on one side, touch the other and make some move.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analyze.
Write your comments and questions here!
Thanks for your support!
What is Bitcoin..!!
Bitcoin is a digital form of cash. But unlike traditional fiat currency, there is no central bank controlling it. Each unit of Bitcoin is unique and cannot be copied or destroyed, and it runs on top of a distributed network, maintained by thousands of computers around the world.
Bitcoin Features..!!
- Decentralized access allowing any party...
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![BTCUSD: CBMA Bollinger Bands Strategy directed [ChuckBanger]](https://s3.tradingview.com/7/7luXCH0b_mid.png "CBMA Bollinger Bands Strategy directed [ChuckBanger]")
