Price has come back up into the 1 hr price zone which is also got added confluence with the 0.618 fib from the 4 hr and is also at a Daily Key Level 1.618 inversion is the target at 147.550
With a lot of financial news bombarding us this week I find it good just to look at the higher timeframes just to see where we are in the bigger picture... As you can see this setup is like the UJ setup I posted on here last week that is now 60 pips in the profit (as I write this). Just a simple setup with support and resistance that can offer us a nice RR and low...
We Have tweezer tops at the daily level, we have come back up and rejected the Monthly Key level which also lines up with the 618 fib. Would like to see a close below the ascending CTL and the a retest to confirm the bearish move. the target would be the 144.171 level
The details are on the chart. I'm expecting EURJPY to go long, but if it breaks the H4 structure that I'm looking at it can go lower. Targets are placed. Price action is king! Let's have a great week traders.
Set buy limit around 140.98 TP = 144.9 SL = 138.6
chinese names have been hot lately I entered at 53 because of the enormous resistance level (top trend line). and strong support(bottom trend line). It's just been beasting and i wouldnt recommend buying after such a big move. Don't need excess indicators ke NYSE:EDU ep it simple.
The Beast may end the correction this week. My analysis is based on time projections and on important structure observations to the left. For entry use some price action potentially soon to come (e.g. bullish candle formaion in 4H-chart) Stoploss 10 pips below that price action signal. Next target: 154-156 Something is going to happen end of the months...
SL below D (142.06 minus spread) Entry 143.00 Targets 145.08, 146.37
Bitcoin has been trending around the number 666 preceding the Bitfinex hack. This strong tendency towards 666 cannot be ignored as yet again we rise towards the number of the beast. Bitifinex has released its plan for repayment and socialized losses and certain things are striking. Firstly losses stand at only 36.067% when nearly all the coins were stolen which...
Hands down, I am not a big fan of the world going to hell. Well, .....#itshappening. It prolly won´t end nice, but this one is quite the beauty. Everything is lining up "perfectly"! Not only chartwise, but also doomentally. Full spectrum rektage ahead. With regards to the DAX1.29% , the July is going to draw a bloody -25% (pre-)doom candle from 10,666 down to...
Very bullish new candles promising the bulltrend to continue. Target: 2500-2600
LOL. Almost threw up when I just woke up to this shit. Must be a joke or something. How does that not look like blatant manipulation? What sort of move is that suppose to be? Bahahahaha- Well, let´s see what happens... Channellus Bullus is def broken on that 2h. Can´t believe this bearcrap.
If wave3 confirmed, pullback on wave4 and completion of patterns on wave5. This setup is supported by 2 bearish patterns, bat and crab which coincide with a bullish 5-0.
The Beast still in ascending channel, tested the TL (blue) but no closing below both. Bracket levels high and low for both bullish butterfly and bearish shark. This sideways action could break either side. The median and previous LH could make the beast harder to reach for the shark completion, and , on the other side the 2 TLs a reach for butterfly completion.