New Thesis on LTCUSD,
Points to consider;
- Uptrend Broken
- Broke major support, now testing as resistance
- Stoch crossing bearish
- Volume climax on 4hr time frame
- EMA crossing bullish, insignificant with all bearish indicators
- RSI neutral on 4hr time frame
LTC needs to break this major resistance for it to continue its uptrend,...
Hello and welcome to my Trade Idea of the currency pair AUD/USD:
Lets start with the Top Down Analysis.
Monthly: Overall bearish, so we look for short Trades.
Weekly: The trend retraced itself after touching the weekly support. Now I think the retrace is complete.
Daily: We see a Trendline and again overall bearish momentum.
H4: We recognize...
I live in Ukraine and look at the chart regularly, I have decided to share my thoughts on USD/UAH pair
Ukraine's economy keep on shrinking and our country must pay USD debts to IMF and so on. My country will lose gas transit money, as soon as south stream and nord stream are fully launched and that's a big hit to our economy.
Recently UAH had...
AUDJPY goes long after a morning star pattern.
The morning star pattern is considered as a bullish reversal pattern, it
often occurs at the bottom of a downtrend and it consists of three
-The first candlestick is bearish which indicates that sellers are still in
charge of the market.
-The second candle is a small one which represents that sellers...
Update on BTC's recent developments,
Points to consider,
- Sharp advanced decline into pattern, - Key characteristic of a bear flag
- Price is in a narrow range
- Major support broken, support was in confluence with the .618 Fibonacci level
- RSI recovering to neutral zone
- Stoch's on downwards momentum
- EMA's providing price resistance...
Btc loking bullish because recently btc tested its major Support.
today if daily candle close above 10,250$ then next target should be 11,500
if daily candle close below 10,000$ we will see btc on 9000$
if daily candle close above 10,000$ the we will face a littel sideways
in my opinion 70% btc looking bullish and and 30% bearish
RSI looking also...
EURNZD TRADE IDEA
SENSE WE HAD THE RESPECT OF RESISTANCE AROUND THE 1.72758 WE CAN START TO LOOK FOR THE PUSH DOWN.
EXPECT A PUSH BELOW THE 1.70506 AND MAKE ITS WAY DOWN TOWARDS SUPPORT AROUND THE 1.65763
TARGET 1: 1.70506
TARGET 2: 1.68685
TARGET 3: 1.65763
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO...
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.025 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @...
This is a chart.
Colors visible in several places,
lines drawn at certain levels,
arrows pointing to particularly spots
and multiple lines forming channels
are included in this chart.
Do not be fooled by this chart.