We created nice squeeze which can mean that is time for the second touch of the bullish channel.
Price should continue the move from September 2018, Current situation is price resting-buyers taking profits and other buyers jumping in.
Also, I can see a lot of wicks on support zones which only means that buyers are taking off.
For this moment I want to see a nice...
D1 - Price is nearing the bottom of the range.
If we didn’t get a valid breakout below the bottom of the range, we may then expect the price to respect it and move higher again.
H4 - We have a critical zone that has formed based on the fibo levels of the cycles.
We may now expect one more push lower from the current zone towards this critical zone, we may...
GBPCAD, easy mean reversion trade
Just like the EURGBP, the GBPCAD is in a perfect condition for a mean reversion trade. It’s important to titrate your positions in a move like this because the end of the move has occurred, there is always a follow up capitulation drive that occurs. I am long at 1.6926 with limit orders below at 1.6907, 1.6873 and 1.6851.
Estrategia Points: (Temporalidad H4 , H2)
1- Marcamos Linea de tendencia , luego la proyecion del 2do Point
2- Esperamos Ruptura de linea mayor y Pullback para entrar en el mercado
2.1- Para entrar vemos patrones de Vela sobre la zona del Point.
3- El TP lo marcamos en el siguente Point o "Un Fuerte soporte pasado".
3.1- Si hay una zona fuerte pasada lo...
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For any of you that are trading CFDs, We see sales for a short period of time, let's hope for a retracement in the fibonacci, which in turn fulfills the double ceiling that is marked at 100%, besides that, we have the price cornered in a pennant, and most likely look for a return to the 200 moving average, we look for a sale up to 61%, if youre trading in an...
Trade Duration: Medium
Signal Strength: High
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Although QLC does not have a perfect team and social and cyber reputation...But technically, it needs and shows the first signs of a real uptrend..
the main point here is that BTC and USDT charts are totally different... use USDT charts for a while...
Although it's not a financial advice