In my last CAR post at end of March, “For our Sins,” I gave an initial target of 323. It hit that today.
It got a re-impulse (bullish) or whatever you want to call it on the Impulse BF (I don’t even know the terminology you traders use, I just know how to make a lot of money sometimes).. I think it continues higher to complete the bear crucifixion . Next target...
A follow-up detail on the GBPCHF that was published earlier this week (see link below for reference purposes) where the first entry-level was adjusted to 1.21391 (comment box) and this has since been triggered. Despite the display of lower highs since the beginning of the week, we shall be anticipating a breakout of the bearish trendline identified in the 1H...
A follow-up detail on the GBPCHF was published on Monday (see link below for reference purposes).
Despite hitting stop-loss on the same day of publication, we are currently running with 52pips in profit. Stop-loss has been moved to 1.21940 and let's hope the price hit our TP before the week runs out.
Risk Disclaimer:
Margin trading in the foreign exchange market...
Kinda of got lost in the sauce with this one. Other trades pushed it off my radar.
There will be more to come!
Look out for the Weekly Forecast. Should have it up by Sunday eve.
Last week included 3 winners, currently still running! There were others still developing, but I went with what was hot and ready!
Enjoy your profits! Enjoy your weekend!
Let me get...
This is a follow up of my previous idea which I keep updating and it's going as planned.
Entry and exit: I'm modifying the TP's a bit and setting the entry point to current price for those who haven't entered yet as I did. Selling half of your position at TP 2 and the other half at TP 3 would yield a RR of 1.5 if we consider $2.36 as TP 2 (more safe) or 1.7 if...
Afternoon traders.
Every Sunday I review the trades I am currently entered before markets open.
One lesson I have learnt over time is sometimes the best trade is the one you already in.
Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen.
The...
Partial profits should be taken.
TP and SLare shown in the diagram
Do always use trailing profit
If you like my analysis do like and comment below whether you agree or disagree from my analysis and do follow me. As I regularly post the prediction on all major forex currency pairs,gold,bitcoin,and stocks like Tesla
Note this is not a trading advice and I am wrong 100%
For those who wanted a follow up on my UGAZ prediction here it is. The white line in the middle of the chart is the day I published my idea and everything to the right was unknown at the time. The reason it doesn't look the same is because I deleted the old chart but I remade it as best I could without making any changes for what was placed where. So enjoy :)
$EHTH will likely go to $40.00 or so long term but is currently sitting at a decent support level so it may very well have a decent bounce from here before continuing downzoooo
If you would like to be up to speed on all the indicators not mentioned please see my previous post from June 4th, 2019 (linked below).
Possibilities
It appears that LTC has developed a sturdy support line at 0.014 BTC (white line), previously a resistance line. THIS IS GREAT NEWS. LTC will likely go towards the 0.5 fib line next, we may see some major...
Last post:
' BATBTC Basic attention token small rebound expected, not rallies'
Written ~3949, later rebounded to ~4200, then to now ~3650
Future scenarios:
Scenario A:
- Supported at ~3600 (Last trend; 50EMA)
- Trough seen in a few days, need to refer to MACD and stochastic
Scenario B:
- Does not find support
- Next stop could be 2600-2800
I hope buying...
H1 - Bullish divergence is now gone, which means we might be going lower to complete a triple cycle.
We want to see bullish divergence forming on H1 again, before attacking buys.
Invalidation – If the price moves higher and breaks above the trend line before completing the triple cycle, then this setup is invalidated (false breaks can be neglected).
H1 - Price is currently pushing higher.
We may expect potential H1 special cycle to form.
If the price creates one more leg and completes the special cycle with bearish divergence, we can start looking for sells.
Since my last post, i stated that it had difficulty going past 46.20.
If that fails that we are clear in the downtrend and we should short.
Target is still 41.61 now.
Action would start and the fall will commence significantly when the 20EMA crosses the 50EMA.
Good luck trading.
![GRTUSDT: [FOLLOW_UP] GRT buy opportunity](https://s3.tradingview.com/v/vovKxMNr_mid.png "[FOLLOW_UP] GRT buy opportunity")
