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Welcome everyone. Over the past couple of weeks in Bitcoin, we have seen an incredible amount of increasingly weak technicals. We saw a failure to breakout of an inverted head and shoulders pattern. We saw a powerful rejection of 50 EMA resistance, seen as the orange moving average. We saw the formation of lower highs on the chart. We saw the formation of a head ...

Not much has changed, volume is dropping, which is not great but is also normal if this is a real bull flag. We do want to see a breakout upwards soon though. I do not want to see it take another 24 hours or so, because than i might be distribution again. Just a few min ago there was an attempt to break up, but the volume was to low so it is getting rejected so ...

GBPUSD Short with Supply zone Identified. 1.2960 is the potential reversal level and now price shows bearish signal. Therefore we can take a short now SL: 1.2995 TP1: 1.2900 TP2: 1.2805 TP3: 1.2700

W1: - Reversal candle on W1 - Below resistance H4: - Tendency: downward - Below resistance - Pullback=> Downtrend forming => Sell

Bitcoin has completed a full month of trading inside a 1D Channel Down. Despite the negative trend (MACD = -44.200, B/BP = -111.1780), it does show signs of stability on the nearly neutral RSI = 43.832 and Highs/Lows = 0.0000 although it is closer to a Lower Low than a Lower High. Purely from a technical standpoint, the short term trend remains bearish currently ...

The Canadian dollar is Tuesday’s G10 underperformer, amid a decline in oil, the US dollar index preserving strength above the 96.30 mark and lower-than-expected Canadian wholesale sales and manufacturing sales numbers. Since Jan 11, as highlighted in Tuesday’s briefing, the H4 candles have been compressing within an ascending channel formation (1.3183/1.3318). ...

Bitcoin broke down once more, yet our support (marked green from previous analysis) held nicely and price quickly bounced after hitting $3462 as a low. We see a bullish hammer and some strong bullish divergence coming up on the MACD. The rsi+Mfi indicator is also giving a buy signal, coupled with the bullish MACD crossover. A small catalyst is needed and Bitcoin ...

The Tidal Shift Strategy has just bought GBPJPY at 142.054. The system recommends entering this trade at any price between 141.776 and 142.332. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.171, which suggests that the GBPJPY could be trending upwards.The 14-period Average ...

I was in the clouds all day - however, I have been monitoring EURUSD closely for what could be the 'Next move" So here is my H4 take.  1.1350 Psychological level has supported the pair heavily in the last few hours as the pair was forced through the marked intraday support range: 1.1350-1.1365. Now that the pair is above this structural bay, I anticipate the ...

BTC / USD TA by CryptoManiac101 What we are looking at on this chart are 3 possible tracks for Bitcoin for 2019 and moving into 2020. We also are looking at likely dates of when we might see next immense bull run beginning and look at worst case scenarios. Let's start off with worst case scenario which would be Bitcoin penetrating through support at which we ...

You don't need my indicators to do what I'm doing here. Every indicator on my chart is a derivative of a Bollinger Band. I've been trading forex and crypto for several years now and would like to share some of my findings. Let me ask an important question. Would you ever expect to have a trading edge using the same strategy, default setting indicators, and ...

Trade set up - We are waiting on a daily close above $1.1345 before entering long. If price breaks through this level, we see significant potential for a strong upward move towards our target price of $1.1491, our stop to be set at $1.1256. Why we like this trade - Based on our technical analysis the pair is presenting a variety of reasons to have this trade on ...

Hi! I would like to take a risk on the highly manipulated area and I say: "Buy low, sell high" ;) Here comes a picture rally but hopefully You find something educational, take this post as an educational post! A possible BUY opportunity and step-by-step trade logbook/criteria: 1. Double Bottom on the $3,500 2. RSI ...

EURUSD is approaching our first support at 1.1333 (horizontal swing low support, 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 1.1421 (horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our first support ...

NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (Horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading ...

I think British pound can make pullback down - Price bounced from key level and round number 1.3000. Market respect such mumbers. I recommend to open a Sell near 1.2990 with low risk.

One market that I find particularly interesting to trade long is the Sterling against the Japanese Yen. After breaking through resistance at 140.50/60, bulls have exerted unambiguous control of the price action in the last 48h by printing back-to-back bullish rejection bars (also known as pin bars). The continuation of the bullish momentum, therefore, appears to ...

EURO has been stuck at the bottom for a really long time. The blue support zone now is also a fibonaccia 618 position for GEREEN 0-A, lets conside this is its 1ST WAVE UP. Price is move slowly flat and dont really seems likely to make a new low. Ready for a bull signal come and make its 3rd green wave up to 1.166 for 300 pips. Less is more!