Hello traders, we have a bearish opportunity in GBPJPY with the formation of the Gartley pattern that concur with the 61,8% fib retracement of the last impulse leg. Stop losses 5-10 pips above X. Targets 38,2%, 61,8% retrcement of AD and 61,8% pullback af the ascending Wedge.
Some potential FX:GBPUSD trades to jump on after price action verification. Market is in a downtrend on the 4H but showing some bullish action. We're getting repeated hits at the current resistance level so I'm expecting some pressure to be released on the upwards to the thin pink line and then possibly to top blue resistance level for a test (more likely a...
After rallying over the past week with implications of a reversal, bitcoin is still encountering a lot of bearish sentiment. Presently, bitcoin is up against resistance from the 200 ema on the 8-hour time frame. This would not be the first time Bitcoin has broken through resistance in this rally, however there are many areas of resistance in the mid-7k range. Is...
this is 3rd time i am drawing this, we have broken the last 2 Triangle downside with good volume however bulls just keep coming back!! Just break somewhere!! i am holding short with Avg entry of 6620 IF WE CLOSE ABOVE 6677 then I will be out!!! are you Long or Short???
if so initial target is 23 cents.
After BINANCE:DATABTC insane pump a few days ago, an ascending triangle formation seems to have taken place, while the volume slowly decreases we might see a last hurrah pump. This is quite a risky trade so take that in consideration for position size. Entry: 0.00000471 Target 1: 0.00000596 Target 2: 0.00000725 SL: 0.00000429 CryptoCue is not providing...
COINBASE:BTCUSD Here we see that BTC has been in a long-term downtrend since June of 2019's high. More recently, at the beginning of this year it appeared as though we could be breaking out of this bearish trend, only to see a major correction to the downside spurred by macroeconomic events. Since the spike downward the price action of BTC over the past 2 weeks...
Maybe this breaks North before a retracement. Thoughts? Please leave your comments and let me know what you think. And don't forget to hit the like button and follow along -NCCM
want to see some more confirmation on this one before I'm a 100% convinced but as of now that's the bigger picture. we can see how price action also came up exactly to the teal horizontal line and found resistance further proving the validity of that trendline as it has so many times before. we should break above it soon but not so sure if we'll be retesting the...
GBPCAD is right now near 1h trend line. Will the price bounce? Well there is a strong support zone and descending wedge...so after the breakout of the wedge, the bulls should move a price higher.
ETH/BTC is forming an ascending triangle, we should be looking for a breakout to the upside.
We have confirmed the ascending triangle and are looking for a breakout! I entered a long at 268.4 and looking to take profits at 300-330 and 360! Have a stop at 264. Gl everyone!
Looks like an ascending triangle, but not very strong supported. So it may fail. If we get a rebound, we could safely expect some growth, especially considering golden cross that just occured. We should see in one day.
OKB consolidating above previous support, looking like we could get some kind of ascending triangle action over here, so we will be playing the range. Entry: 6.731 Target 1: 7.375 SL: 6.3705 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a...
This screen captures all 3 runs, our first miracle run to $20k, the run last summer to $14k and this run now. All 3 runs had their own ascending channel. Notice with each run, the return descending channel is more narrow, this is as a result of a larger number of smaller runs versus just a fewer major runs in the past. 2017 run lasted 9 months and had 4...
This triangle is another great opportunity for us to try and catch a cluster of green candles once it gets penetrated to the upside. As always, we are trading candle color and not necessarily the price. So as soon as green candle closes above resistance line, we will place a bet that the next candle will be green and keep on betting on subsequent green candles...
As we can see, we have ascending triangle, which we hope the price bounces from to the upside. Good luck to everyone!