AUD/USD Head and Shoulder pattern in 4HR/DAILY timeframe
Bulls gather 0.693 resistance before pushing downwards for H&D shoulder support
Target below 0.680 support bearish move
VFI_LB cross for trend to bulls or bears
Watch for economic calendar release and volume
$CMC Friday's gap up candle completed a C&H pattern on the daily chart
MACD and RSI strong and supportive of the move up
Look to participate on either of : 1) retest and HOLD of the cup breakout line at 18.45 or 2) a breakout AND close above SEP high at 19.13
Measured target from the breakout of the pattern is around 22.21
this is shit coin doesn't matter who is in partnership or crap
1 ) price holding above BB middle
2 ) EMA 21 crossing
3 ) trend line breakout
Buy : 3530 - 3550 ( also nice at 3560 -3570)
Stop loss : 3380
Target : 5 to 20%
Hello traders, let's talk about EURNZD!
EURNZD is looking good here with a nice bullish setup after a completed big corrective decline at 1.6290 level. There's also a clear inverted H&S pattern, which indicates a bullish reversal! So, EURNZD can be now consolidating within wave (ii), where ideal support would be around 61,8% Fibo. retracement, 1.6500 level and at...
The price is at an important level here. If it can bounce of the resistance level, would look for $190+ target. If it can't bounce of this level would cut it. Bull flag on daily and it's gapped above it pre market so this level is very important to hold for the idea to be valid.
This is a nice 3R+ trade if you put your stops in correctly.
Looks like Bitcoin daily chart is about to break a major resistance.
I will update this post accordingly.
This is not financial advice. Educational purposes only.
Our New Pick is: KNHBF
Current Price: $0.25
Earlier this week, we told you that we were looking for the perfect trade idea that could deliver easy profits during this brutal bear market.
After scanning the market for quite some time, we've decided not to take any chances, and...