Marico Trading Near Long time Support, Wait for Clear breakout Long move after breakout. Bull Don't trade bollow average line. Up Move Possibility high.
Long term view . ETHEREUM.BITCOIN. LITECOIN. Three major cap crypto assets: accumulation structures complete. It’s time to zoom out and focus on the big picture . All the major caps have finally confirmed their accumulation structures. Let’s review the price history of the last two years in the crypto ecosystem. The first signs of institutional value buying...
Head and shoulders forming. Still a ways away to go for a breakthrough as it is the month view, but a downward channel ending one of the shoulders is a good sign. Do not sell yet unless you believe it’s a good idea
Jan 20, 2019 - Jan 24, 2019- Short on head and shoulder breakout
This is based on mondays candles which are boxed in the coloured boxes the break out of the zone indicates the head as shown. Then we had a 100% retrace back to the bottom of that Monday zone creating the neck line. Then the market moved back towards the opposite creating the right shoulder its right about on the support of the left shoulder i expect this to now...
Hi traders and crypto friends, it´s BohemianCrypto, I´ve found out very interesting C&H pattern in weekly chart. Before halving I expect uptrend move in ichimoku cloud between lines, but atleast to 10k. Then I expect fall to present price till autumn.. What´s next we will see.. Let me know what do you think about my idea, I´m new in cryptos.
Hey everyone, we should start off first with the fact that we broke major support. This shows a lot of weakness for GBP. We have also formed Head and Shoulders that we broke the neckline of, so the pattern is valid, meaning we will see a drop as big as the distance from the neck to the top of the head. We have a few support levels, that hopefully we will break,...
At this level I'm cautiously long. I see this price action as consolidation for the next leg up. Momentum has faded substantially on the hourly charts, but we still look strong on the daily timeframe. In my previous update (linked) I mentioned $1917.51 as an important level. Its the first level I'm watching today followed by $1925.56 which is a historic level...
Early entry on this because bearish engulfing candle on weekly chart. I'd like to see GBPAUD close the week below 1.9080, which is about the 50% retracement of that weekly engulfing candle.
As we can see we are at the potential top of the right shoulder and we see huge divergence, so this is a great signal, that we could be seeing the other arm forming. This trade is great, because you can short now with really tight stop loss for a potential risk/reward ratio of 13
As we can see, we have the same pattern forming up as we had not long time ago and we saw how good it played out! We have another amazing opportunity to execute after the breakage of the neck line of the possible Head and Shoulders. We have a divergence to support the theory, that the Sellers have the upper hand, so get ready for a nice short soon!
At the end of the week we could potentially be seeing HS pattern which would give us the opportunity to short with great risk-reward ratio. Trade only after the forming of HS and when it breaks bellow the neck as I have shown in the idea.
GOOD AFTERNOON TRADERS, ITS GOOD TO BE BACK! HERE WE HAVE A POTENTIAL SELLING OPPORTUNITY ON THE UK STOCKS. THE CURRENT DAILY PRICE ACTION IS A BEARISH ENGULFING AND IF FINISHES THIS WAY WILL CONFIRM ENTRY BUT I'D STILL LIKE MORE FROM CANDLES FOR A STRONGER CONFIRMATION. IT HAS MULTIPLE CONFLUENCES FROM A TECHNICAL STANDPOINT TO BACK UP THE SELL AND ACCOMPANIED...
Hi traders and crypto friends, it´s BohemianCrypto, after months watching and learning i decided to publish my fist idea. It´s not trading advice, I´m still waiting for market to decide, but I see obvious Cup and Handle pattern which i have not seen published by anyone else here... So my question is what do you thing? Do you see the same in short or am I...