As said previously in my analysis, the BTC price has drifted between the $3,950-$4,000 level more than 8 days with some small exceptions.
The price has printed a nice consolidation area around the $4k (yellowish box) but it starts to show some weaknesses inside of this box.
First of all, it is below the major counter trendline and if the 4H candle gets a close...
Gold 1h Inside Bar Sell Trade
This Inside Bar just broke down
and look at the 2nd last candle, a long wick have
already tested the yellow structure
Please note that Gold in Daily Chart has already
Rally to 0.618 level
Therefore we can sell gold now and aim
1310 and 1300
ETH try to break down symetrical triangle pattern.
We have one last support at 132.27, If this support also break, Our bearish projection at 120.91 (9.86% / $13.21)
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Note : I take short sell with x5 leverage, stoploss if bullish confirmation (Channel down resistance at previous analysis)...
NZDCAD has approached in **HEAVY SUPPLY ZONE** with Overbought price action, ratios
and expected to correct itself with (+150 PIPS) downside
use these preferences to open a trade,
NZDCAD SELL NOW
STOP LOSS - 0.93098
TARGET - 0.91171
EURAUD is approaching its support at 1.5824 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5975 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 3.9% where a corresponding bounce could occur.
AUDUSD / H1 / Technical Chart
Hello dear my friend, wish you best week
at AUDUSD chart, Head and Shoulders pattern will trigger, Targets are on the chart
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
The past days i have been overthinking about what Bitcoin' might do, trying to solve a puzzle that might have been going on. The drop we had on the 21th to 3920 made it quite clear we would see another drop happening, completing an ABC correction wave. But the next day i was starting to have doubts because the OI simply kept rising, eventually even making a new...
The new BitMEX future contracts are out, so we get crappy charts, yet, we can still track these by looking at the BTC pairs.
So as you can see on the right-hand side chart, EMA200 held nicely as support and a strong bounce followed. We have increasing volume and a strong set up for a LONG trade.
Both the RSI and MACD are also bullish.
Normally I would write...
This helps to understand where we are are at in the overall structure! We have finally come to the lower channel line...now is the time!
Leave a comment! Click the like? Over 700 hundred people looked at the last chart, and but a handful of people click the like, why is that? Did that many people not like the chart? Tough crowd! Oh well, lets see after this one.
Shorted two orders USDJPY at 110.17
Average Risk/Reward: 2.89
Risk of capital for trade: 1.5%
- Breakout below key support among 110.25-110.35
- 50 days simple moving average breakout
- Broadening rising wedge breakout on the daily chart
GBPJPY hit our target 1 with 260 pips profit for half size.
Now we have 1/2 size with 0 risk because we moved our SL to entry already.
GBPJPY probably would drop again after a small correction back to 4.
As long as our new SL is not hit by the correction , our 1/2 size has a chance to test tp2 , 143 and tp3, 141.
LESS IS MORE!
Good morning Traders!
We have already said that our view is bullish, and from our point of view the pair could develop a HEAD AND SHOULDERS or an ABCD pattern, both patterns are bullish and have the same TARGET, and if the pair manages to keep the support around at 1.1176, it could reach 1.1440 area, we'll see…
If you think this analysis can be useful and you...
Looking at SKY setup its painted plainly Bullish setup with price breakout from falling wedge and re-test with bounce. We have immediate resistance at th end of the downtrend channel which I believe will be break to pave way for huge price movement.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch...
AUDJPY is registering the biggest movement out of the dollar pairings and associate cross rates we keep tabs on, presently showing a 0.6% gain on the day. The gain is rooted in a rebound from a near seven-week low the cross saw in Sydney trading earlier, when a strong risk-off sentiment had been prevailing. A rebound in European stock markets following...
The market forms a pennant chart pattern which belongs to a continuation group of patterns. The price tries to break the upper line of the pattern. If this attempt is successful, the market will give a buying opportunity. Stop orders should be placed below the local support and the swing low. Profit targets will be at the resistance levels.
RSI confirms the...
Signal ID: 64543
Time Issued: Monday, 25 March 2019 18:05:15 GMT
Entry: 144.357 - 144.942
Stop Loss: 145.763
The Breakout Opportunities system has just sold GBPJPY at 144.669. The system recommends entering this trade at any price between 144.357 and 144.942. The signal was issued because the GBPJPY has broken its 24-hour low while our...