Price has been very bearish lately, and it has been retesting that downwards trend line twice, creating a possible inverse head and shoulders pattern, indicating potential upside movement. Price has also bounced off the 7452 resistance, creating the neckline for the possible inverse head and shoulders. Let's see if it can complete it.
Expecting this to come down before a long trade set up. Few confirmations Market structure institutional candle candle formation fib retracement. I dont send out many trades for crypto but as we approach XMAS i will be increasing the volume of crypto trades i send out! always move stop loss to break even when you are 50 pips in profit when it comes to crypto.
Price broke through previous demand, pushing it down towards the 0.30580 support line, retested and broke lower towards a key level of support of 0.29030. Price rejected that support level, pushed up and bounced off previous resistance of 0.30580. Price rejected support for the second time creating a double bottom and looks like it wants to break above previous...
As we can see, this pair is in a downtrend after forming a head and shoulders pattern, breaking that ascending trend line. We can also see a descending wedge, indicating a potential bullish outbreak. Price made a morning star candlestick reversal pattern at an area of demand. We could see a breakout to the upside, a rejection from the .618 + area of supply, and a...
GA is clearly at a demand zone or a pull back zone. Should there be a bear momentum bringing ga to 1.85 again we could be seeing 1.84 as a downside target. (sellstops at 1.85 region). However i do favor the upside momentum as price is at a demand zone hence we may see the highs being retested again, 1.87 or 1.877 or even 1.8850. Lets enjoy this trade, what are...
In my weekly timeframe, i spot a bearish trend, this entry is based on the analysis of a lower high in the weekly trend. Cheers
Since the markets have been seeing alot of bullish momentum in these markets the past couple days and alot of speculation this could be the start of a bull run, even i believed it, technical analysis is telling me otherwise, I seen a great head and shoulders movement with a nice 61.8 level retest of my Fib. along side I caught the ABCD movement at "C" where my...
EURAUD Setup earlier was a flop because of a short SL. not this time, lets look on shorting audusd with a proper SL. #letsgrowwithourmistakes
i usually do not trade on the hourly time frames,but lets try it this time. looking anywhere between 30-50 pips short. Both trades uploaded are live and ongoing, regardless of news. Cheers and happy trading.
Perfect downwards trend on this set up. Using the fibs this pair looks like it is rejecting the 23.6 region and is heading downwards. i believe in keeping my charts as clean as possible. 110 pips move. lets catch those pips. Comment your views and thoughts below. Cheers. Happy Trading.
Dont usually swing trade, but i think this maybe worth the shot. Long oppurtunity to the 1.82 or even 1.85 region. Comment your thoughts and opinon below. (just doing a lil homework before the market opens). Happy trading guys :)
1.5 ratio. small trade with 30 pips tp and a 20 pips SL. it looks certain to go lower. currently at 50% region in my fibs.30mins bearish engulfing shows that it rejected that region and must go lower to retest. Cheers and happy trading
ON the daily and on the weekly, i see a bearish momentum. However, on the 4hourly we are in a HUGE support region. Where do you think this pair will go?
We seen a crucial manipulative spike downwards which hit my Sl earlier today, so i waited to see if 30 cents can manage to hold up,and the past couple hours it has which led me to believe the bulls are coming in. Bouncing off the 61.8 fib once again it signaling to me this is holding up and also its making a 3 pin pattern on the hourly and can see it as well on...
XRP after a successful Short position this morning after waking up i seen the pair holding strong onto my weekly trendline support as it did a rapid spike into the 61.8 region on the fib and back to .30700, then i got into the position waiting for a restest of that trendline where the arrow is at. all in all now my bias has changed, XRP can possibly set to begin...
XRP made a quick run to the upside retesting prior high and testing the 200ema with precision on the 2 hour timeframe, managing to close below, it signaled me for a Sell execution, Stop Loss at .3200 risking 30 PIPs with a TP at .30 roughly 170 PIPs, But i potentially see this pair possibly retesting a low of .28800 - .28 cents. If this occurs within the next few...
EURUSD touching DAILY TRENDLINE. WICK BY WICK the pair has respected it and fallen. I believe NFP and EUROS news today may cause price to move lower. What are your thoughts, comment below! Cheers