A little work in progress, nothing really new here, just "simple" open-close cross trend trading strategy.. but of course with a dash of my own flavour.
So it got less simple..
You can use simple open/close series crossover, or use your preferred brand of MA instead.
needs a lot more tweaking before I actually go ahead and publish the script, but still fairly...
This index just trigered a triple death cross signal (10 SMA under 50 SMA under 200 SMA). The triple cross has happened at the same time (very unusual).
Wait and see with a bearish bias until proven wrong. To be noted that the Russell 2000 index usually warns ahead of troubles in the big cap indexes.
Waiting for confirmation of a breakout from this inv h&s before attempting any sort of long here...the possibility of a fakeout right in his neckline zone is still very good as well so its best to await clear confirmation one way or the other. If it does trigger a bullish breakout of this pattern however it's very likely that we would see a golden cross on the...
The main chart represents the weekly TF of EURJPY pair currently seen trapped in a well respected descending channel. The horizontal lines represent support and resistance levels taken from the monthly charts. A few weeks ago the 120.00 level was clearly breached and the price has continued to slide towards the next support (114.00). A close of Monthly candle...
I am happy to share with you my next idea about BTC price dynamics. While everybody is looking to potential rally to 14K and 16K levels we do not have to underestimate the gravity of the current situation.
There are several major concerns that I have with the current upwards rally and which makes me think that even if we hit 13 and 14K levels...
Exciting to see that it seems inevitable we will see the golden cross on xrpusd come wednesday. A small retracement on tuesdays candle is not a bad thing as it brings price action closer to the golden cross for the time it occurrs which usually tends to give it better odds of being a sustained golden cross. We might not see price action respond immediately but it...
Either way it's going to be great! We got a weekly close significantly over the $7,300 to $7,600 mark I was looking for. This keeps the price over the multi-year trend (top line of white channel). As you can see in the yellow circles the last time this happened the price continued to climb for weeks to follow. Also the 20 and 40 week moving averages are closer...
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EUR/AUD - SHORT Order
Entry @ Market Price (approx. 1.6235)
SL @ 1.64
TP1 @ 1.6000
TP2 @ 1.5800
TP2 @ 1.5650
Tp4 @ 1.5500
Many pips ahead!
BTCUSD continues to climb and plenty of weak hands have been taking profits prematurely and missing out when it continues to pump. They fail to see how we could raise 78% from the point of our golden cross before any serious correction which is around 9.6k. That's because they aren't looking at the fact that btcusd did exactly that at the beginning of the previous...