Various chart patterns have formed on the BTG/USD chart, including a symmetrical triangle that holds a falling wedge within it, VERY bullish. An Eve and Adam pattern (opposite of adam and eve) Eve bottoms appear rounded while Adams appear straight and sharp (I like to think of Adam and Eves private parts in the Bible to remember) This again is very bullish. A...
AIB Group - Buy Opportunity (long Term +18 Months) Downward Channel Support line touched Support by ECB in stimulus package.
A double bottom setup, do note that the candle didn't break and close above the highlighted candle. The rectangle box is the area I'm waiting for a buying signal to engage the trade. Candle confirmation is required. If you like to receive videos of such training, do let me know.
THE gbp will become very strong in the future....but I feel for now it will pushdown more...….I am not selling but im waiting for the buy buy. Brexit will have a big effect on this.....Brexit supposed to make gbp stronger.
Lovely little set up here. GBPJPY approaching a double bottom set up and a key buy zone historically. Confluences for this trade 1. Need to see price reach same area as previous bottom. If not i will not take the trade. Once reached look for continues rejection probably on lower time frames (15 min and 30 min). 2. This pair has dropped a lot recently so normally...
I'm planning for a counter-trend trade on EURUSD, the motivation behind this is because, after a strong appreciation, I'm expecting some form of retracement and a bullish movement continuation will be stronger and more persistence when the market retraces back to the buy zone before further appreciation. Two approaches to the market I'm waiting for. First, a...
Eurusd has reached the all time recent low again and is showing signs of a reversal. it also did not smash through the support line but instead took it and is showing signs of bullish movement.
It is still a bearish trend on the EURUSD on both the Daily chart and 4-hourly chart. However, with such a strong retracement(bullish on the daily) I am looking for a buying opportunity. On the 1-hourly chart, there is a bullish bat, but on this formation point C touches A which may create a strong downwards movement. A candle confirmation is necessary before I...
BEAT is your prototypical aggressive growth stock- Strong future growth potential with good earning and revenue track record ... If you can overlook its debt level. This beast was tamed for a while after its share price skyrocketed from $25 to almost $80 , but it is ready to unleash its fury again. But first, I think the pullback is in the store facing key...
If it breaks the support, 220-230 usd will be a good zone to buy. With strong fundamentals ETH can go up from here.
Description: Things I'm thinking about tonight. Points of Interest: Massive gap, trendline break, location between 20 and 50 moving averages on daily chart (), untested POCs. Technical: Poor structure (untested POCs) beneath Sunday's overnight. We had a week of balancing and Friday left a poor low. Fundamental: Fed really supportive;...
Two trading scenario may develop from here. 1) The market may bounce off towards the upside after a bullish engulfing candle within the blue box(buy zone); or 2) After bouncing within the box for the first time, the market may break and close below it and have a head and shoulder setup. Personally based on the technical setup, it seems more likely for (2) to...
Hello traders, Bitcoin is now facing one level that the price worked many times in 2019 and 2020, this region worked as support and resistance many times over those years, and now the price making his path to test this level as support, we may have buying pressure on this area and if the price hold above this support we must have a strong uptrend moviment in...
Today, the indicator "Kenji" on the daily BTCUSD chart generated a buy signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of BTCUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same...
Now having the overall trend still pointing Bullish, will you short GBPUSD as a counter-trend trade as a Retracement after the Double Top of just wait out for the bullish bat to form and engaged as a trend trading trade? I've my thoughts, comment down below and I will gladly share mine.
Failed to keep that higher high at "A" platinum heading south to find more value Staying above 960 would be quite good as we will have just one more higher low on the chart which indicates uptrend. Failing to hold these levels we are going to find support back to that buy zone at 950- 956 BUT we do have a head and shoulder pattern forming as well that doesnt...