Analysis EURUSD has reached a support level. Trigger A bullish engulfing candle (essentially a pin bar on higher time frames) near support zone signals bullish price action in the coming days. Trade Look for entries a few pips above the bullish engulfing candle and stops below the swing low. 2 to 1 reward to risk ratio.
We are in the midst of 7 straight red candles on the daily chart for Bitcoin. The last time this happened was in September of 2017. The longest before that was an 8 day streak in January of 2016. In BOTH of those instances, Bitcoin regained (fibonacci retracement) 61.8% of the loss within 4-5 days of the bottom. This is valuable info in setting a target if it...
Im bored... & hungry :) No T.A. what so ever PURE Speculation herr
The price hit an important support and formed a bullish pattern called "bullish engulfing". There is an opportunity to place a trade with a target around 0.070, getting an amazing risk-reward ratio.
I think crude oil is in the completion zone of the Cypher pattern or if this pattern does not occur we should go to see shark pattern. also, I can see the inside bar when the price goes above the inside bar we can take a long position.
Entry: 1222.00 - 1223.00 SL: 1218.2 TP1: 1229 TP2: 1234 TP3: 1239 R/R: 3.67 • All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
No T.A. involved, Pure Speculation. DO NOT FOLLOW
GBPAUD SELL Entry: 1.7765 - 1.7775 TP1: 1.77 TP2: 1.7625 TP3: 1.7500 SL: 1.7815 R/R: 5.3 • All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will...
Next level of resistance is $8400 IF/WHEN bitcoin breaks through, the $8400 will become the new support making $10K next level of Resistance. Etc. etc. This has been clearly illustrated in the chart. Please Do NOT use these 'bitcoin levels' as indicators for target practice. I just started 'stalking the bitcoin' yesterday, So my opinion cannot be trusted ...
buy gold until pullback and touch the previous structure zone and 50 EMA as a dynamic trendline on 4H TF.
That is how I see it at the moment...If trendline is broken, the next target will be Fib extension 161.8 at 76.400 what may very much happen but I take TP at extension 1 at the trendline and see what pattern will form there. Bollinger bands are expanding now what supports the move to trendline. There will be minor pullbacks at Fib extension levels.
Candle patterns on higher timeframes (daily, weekly and monthly) is safest way to predict the direction the of price move (hundreds of pips) on all smaller timeframes. I recommend NCH (Nison Candle Highlighter), the best software for accurate identification of candle patterns.
Possible simmentrycal triangle formation.
The 1-hour chart of Dollar index indicates that the index is currently in downtrend. It is consistently forming lower lows and it has formed a Marubozu candle during the last hour. So we expect the selling accelerate from here and reach the price zone of 94.14 where some profit booking could be expected.
Trend still bullish. Ride the wave, easy pips.
We're seeing a nice pullback from our daily/weekly high. The market gave us a pullbacks slightly beneath our 78.6% before printing a bullish candlestick reversal pattern. Great re-entry opportunity. Targets provided in the attached link. Intra-day target at 1.1715.