Update: A few more lines added in to show direction Down to 190 Billion then... Up to 212 Billion... Most likely a dump to follow, if we break up from 212 then we may be seeing a reversal on the market. Hard to speculate where we will go from here. I still seeing the details laid out in my last update panning out, refer to my last post for relevant data.
Price is above the 60 minute and 15 minute KS but in the 15 minute cloud from below. This is a Type 2 trade with a High probability and good RRR. Trade Parameters: Entry = Sell a close below the 60 and 15 KS (do not sell now!!!) Stop = ??? Risk = 25 pips Profit target = 1.6248 ( The projected daily low ) Reward = + 106 Pips (approximately) RRR = 4.24 -...
Update: changed my lines around a bit and through in a schiff pitchfork for reference to levels. Looks like we are going to be consolidating at this price range for the next ~3 days. What does this mean for Bitcoin and the ALT coins you may ask? We most likely will see a rebuild up of Bitcoins markets cap putting its price back up t ~8,800-9,200. If Bitcoins...
Looking o n the chart we might be in a start of daily/weekly up swing , could rise to 10.00 ~ zone. Therefore i go long only . look to buy as long as price above daily PP . Best of luck :-)
Euro is showing continued weakness from yesterdays PMI news. Looking for the NZD to continue its possible turn higher. If this continues for both this could be a multi day move with plenty of time to scale into this position.
NZDJPY is in a very strong downtrend, at the moment. Price is going down very fast and we will try to join the down-movement on the breakout of a short-term support. Setup of the moving averages is also extremely bearish, so we can't pass on this one :)
Entered this on the 4h. Could be a continuation of the much larger downtrend that you can see by zooming out or looking at higher time frames. Two bottom blue lines show TP1 and TP2. Shorter term trade.
After the impulse to the downside USDCAD is now setting up for another wave down. 61.8% pull back on daily and now expecting continuation to the downside
Heya my dear thriving community of hustlers and busters, traders and shillers, movers and shakers hope you are having a tremendous freaki'n day and did not get caught up in that nasty nasty price movement. Before I proceed with all that lovely and well-timed mental masturbation, I have to say that I believe we are going to get bought up soon and we will be...
USOIL is most likely on its way to close the gap from the beginning of the week. The fresh supply above seems like a great continuation level to sell USOIL. If the price will break out the supply above it indicates the price on its way to Reach the supply at the top.
Looks like we are in the start of a down swing . Therefore will try to take short tomorrow in London / US session , after price manipulation/reversal . Best of luck :-)
It seems like USDCHF made a falsebreak down and now starting an up swing . Therefore i'll look to buy inside day in London / US session. Plus , Depends on the strength of the move , there is a bigger target on weekly chart . Best of luck :-)
What is up folks, long time no see... I tell you what is up ... BTC is up, but we don't know for how long. The week has passed and I am seeing people all over TV posting their trade ideas calling for cup and saucers, round bottom flacks, hanging man and variations of head and shoulders. When sometimes the pattern is recognised correctly, yet most of the time it is...
We can see an attempt to break the bottom of the channel and its failure with a V-shape . Now price is holding right above channel bottom . Zooming into daily time frame we can see a triangle formed. So i want to be where price is moving fast in one direction , Therefore i'll try to buy inside day before the break happens . * If you start buying on intraday...
75+ Pips SELL remaining... Good Luck! KEEP THE RADARS UP!!!
Hi Traders After a nice price drop on the H1 chart we are currently in a little price correction. I try to catch a good entry for the trend continuation. I set my SL based on a supply level. My TP is based on a demand level. Any thoughts? I'm giving updates on that trade. Stay tuned & happy trading!
It seems EURUSD faield to continue the upswing . Right now i'm watching it to accumulate an then put sell orders on the direction . first target is near the bottom of the channel. *There is bigger down swing target if you watch weekly and monthly but that is for other chart. Best of luck :-)
It seems UK100 weekly up swing will continue. So this is the big picture to get advantage on and buy the deeps. time your buy blocks inside day . best of luck :-)