May have potential movement upward still even if we technically see it high fundamental euro may bang above a bit higher the way how EURUSD proved it every high no sell! I had some sentiment analysis though and I feel it has more potential upward prolly around r2 or even r3 let's see depending on the impact of BOE rate decision yet to come but pricing will occur...
Price dumped to hourly VWAP but good news for bulls is there was a lot of buying pressure. Two gaps were filled in the process. If you're swingin ONTX, it's best to NOT have a stop because the big boys stop hunt and your sell becomes their buys. Day traders, it's a must. Though that was tough to watch, it was healthy pull back for further continuation. We'll...
We still see Bitcoin in a bullish flag formation and that the slope against the short term trend is a hesitation before a sharp move up in the cryptocurrency back above $10000. However, we would not want to see the cryptocurrency fall below the key support level at $8572 as Bitcoin can be seen as a safe haven and there has been progress on a trade deal between the...
As title says I am looking for bullish continuation to break the 1.134 area of resistance to continue the staircase pattern.
On the contrary, a double top can bring this down to make a new low.
Price had a previous bullish trend
Price took a break with a bearish pullback
STE Pulse bars showed a dark green color during this pullback
STE Pulse bars came to the zwero line which is a decision point for price
Price could continue it bearish move
Then the STE bars would cross below the zero line and become a bright red color
OR
Price could bounce off the...
At the beginning of this Bullish trend
Big 3 Indicator showed entry point and TP/SL levels
Now price has been making higher highs and higher lows
The green colored big 3 indicator signal shows bullish continuation.
Sup/Res levels are being used for take profits.
Long Re-entry trade
Buy Stop @ 183.00
1st Buy Take Profit @ 196.56
2nd Buy Take profit @ 220.84
Find...
ETHUSD Bullish is looking similar to the last leg up. Will we see continuation as we have previously? ETHLONGS on BITFINEX are soaring, ETHSHORTS are dwindling. We also have declining volume again with sustainable Highs and Higher Lows. The flag looks legitimate coupled with the volume.
This seems Bullish to me, but again I am eyeballing a Bullish Butterfly...
Pair is in an up-trending pattern
Strong Macd divergence
After a bearish pullback, price should return to the high of the trend
If not - then price will return back to the ma's center range
Fibs may show points of sup/res for direction
Watch Macd for direction
ARK/BTC is looking rather interesting in the 4h chart.
Price has been building up an ascending triangle pattern since the first days of December.
Ascending triangle are notoriously bullish continuation patterns, and ARK price has bottomed at around 18400 satoshi on Dec. 7, where it has bounced back, exceeding the high on June 7.
Although I am sure that ARK might...
Have You Missed It?
At the beginning of 2017 if you asked your neighbor what Bitcoin was, chances are they would have given you a blank stare.
Today things are much different.
Bitcoin passed the mind-boggling price of $10,000 per coin...
And people are asking themselves if they have missed it.
The answer is a resounding no.
In fact investors believe Bitcoin could...
There’s More Upside For Natural Gas
Using Fibonacci Confluence Trading Price Action ... as hits the zone of those past level and shoots back up tending to be respect in a trend up
setup on trend continuation or simple bullish momentum.!!!!!!!
P.S. Today, EIA Reports Natural Gas Inventories
Good Luck!
This is an interesting move folks; identifying an ascending broadening wedge pattern has the same chance more or less to continue downward or to breakout and go upward. In my opinion, based on the bigger trend's descending triangle wedge, and the minor descending triangle wedge following it (the fib retracements placed on the graph), my bet would go towards the...
EURGBP can be construed to be in a continuation of its long term uptrend with a dispersal triangle pattern on the daily. If this is the case we are due a move back up to the uptrend and a breakout of this shorter term downtrend shown on the chart.
As we are approaching the lower positive trend we are getting ever closer to a long opportunity where we will be...
+++ Don't forget to LIKE & Follow+++I have my eyes on a potential Bullish Cypher Formation that is aligned with the underling bullish trend on 15M.
I will use the Cypher as an entry reason for hopping on that trend.
My 1st target will be 0.382% and 2nd will be a retest of the NSH (A's leg). Stops as usual beyond X, and X being a current structure level...
Friday closed with an apparent Tweezer Bottom set-up retesting the descending triangle (See - ).
A look at the 4hr chart confirms the price pattern breakout and subsequent retest. A successful test of the 50ema would confirm the Bullish momentum and might provide intraday traders an entry point.
Sticking with Swing Trading strategies, a stop loss at 123.15 and...
