For the first time after long weeks, actualy first time ever; at weekly time frame bitcoin is trading out of a very strong resistance area. but it will take 6 days to this idea gets confirmation, so next 6 days will be a important days to watch they will have so many thing to show.
I noticed that on longer time frames, BTC candles tend to separate into 2 channels on upwards moves - the wicks, and the bodies. Currently we wicked up into the wick channel, but came back down into the body channel. Theoretically, a decisive break of the downtrend would have to include a candle in which the body breaks into the wick channel. If the breakout is...
This chart shows a lot but basics: -Wedging into a quick fall (prediction will rise back to $126 at least) -Slow grind but could hit $28 based on history before drop again -Following Elliot Waves Smoothly and EMS opened up -Waiting for a good bounce to enter a trade
Hey all! Just wanted to give some insight to the SPY for a chance. We definitely are following an Elliot Wave pattern pretty closely and even with tensions US China wise, we are still in Bull Territory. Will it correct soon? We'll have to see if there is a resurgence vs. if there is a vaccine before that occurs. Tuesday will show an area of short Call territory...
Hanging man such a pattern, consider initiating a short trade near the close of the down day following the hanging man. A more aggressive strategy is to take a trade near the closing price of the hanging man or near the open of the next candle. Place a stop-loss order above the high of the hanging man candle.
Price-Congestion is going to mature. After accumulation or distribution process from money-makers, price will move far away from current value which will be result as Breakout. Right identification of Breakout will fill your portfolio but, always require patience. There're lot of traders works when breakout. If you are this type of trader, then ready! Point...
CHECK OUT MY ALERT SYSTEM! THESE ALERTS ARE PRETTY SPOT ON. READ MY NOTES ON THE SCREEN. I'VE BEEN TRADING OFF AND ON FOR ABOUT 12 YEARS. IT HAS ONLY BEEN IN THE LAST FEW MONTHS AFTER LOSING MY JOB THAT I DECIDED TO GO ALL IN ON STOCKS. I'VE DEVELOPED THIS ALERT SYSTEM IN THE LAST MONTH OR SO AND IT HAS HELPED ME TREMENDOUSLY. I'VE BEEN TRADING OPTIONS MOSTLY...
AS WE CAN SEE IT GOLD WAS TRYING TO MAKE A PULLBACK BUT IT BREAK THE STRONG RESISTANCE LINE SO ITS SHOWS FOR A GOOD LONG TO 175... IF ITS JUST BACK TO THE LINE IT MIGHT BE INVALID LONG TRADE
GBPCHF Potential Bearish Movement we are waiting for a momentum candle close below 1.1820 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Trendline (in blue) 3- Objective Head and Shoulders (in orange) 4- Resistance / Round number in purple from Daily 1.210 (in purple) Four confluences are enough to consider Selling GBPCHF,...
Hello Traders ! Great Range on USDCAD. I would consider scalp it between this range. A nice amount of pips. That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions. Thank you and we will see next time - Darius.
I've gotten sucked into creating the script for this study and lost track of my reasons for creating it in the first place. I was playing around with the idea of comparing weekly/monthly candles sizes seasonally/YoY (however that is stated). I'm running out of time to publish this study. I promised a 6 yr old I would go outside with him. Good...
So I'm fairly certain the market will have its first pullback and likely a reversal. Key notes for the reversal - - - - - 1. Check out that Candle wick. It reached that Purple trendline and immediately retreated indicating that big players have taken their bullish positions. At the end of that candle close, it will show a very clear hammer candle . 2. Look at...
Hello Traders ! USDJPY is currently at a daily level of supply. There are 2 order blocks. We need to watch price action in order to determine which order block is valid. Let me now in the comment section below your view on EURGBP and what you think about my Analysis. Please leave a Like Thank you and we will see next time - Darius.
LTCUSD is moving forward to 103. its a best coin to invest. nearly 100% profit before june. NO more space for further drawdown. fibonacci 618 is the key area to take your profit.
It looks like Bitcoin has turned it's thrusters on! I'm sure you stare at these charts as much as I do. You KNOW how Bitcoin is. It came down to the parabolic adoption floor and we're witnessing a huge bounce in January so far. This candle means business! Just look at my recent analysis regarding the bottoming patterns of Bitcoin. I found so. many. patterns....
Entered this trade after receiving an alert signal late Friday last week. Price hit my T1 (red line) as well as my T2 at 1.29288. I am fairly new to trading and just wanted to get some feedback on my first contribution to TradingView. Any words welcome! OANDA:GBPUSD