If the price will brake above the resistance we are going to see some serious profit. Following the BNB burn process I was hoping for a massive increase, but it fell. I had forgot to see what has happening in the 1Day timeframe. It is just following one of the most basic continuation patterns. Hope this helps :)
The Harmonic Pattern has already be completed and already showing signs of good momentum which is why I will be considering jumping in all the way down to the 61.8%, which happens to have a nice confluence with a long term point of control
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 ...
The Swiss Franc is a safe haven currency, where funds flock to, if there is an increase in risk in the markets. The Japanese Yen also is a safe haven currency. However, if one puts them one against another, one can not just speculate technically, but also avoid some of the fluctuations to and from risky and conservative assets.
Regarding the technical picture, ...
The red boxes on the chart represent the Asian session as I came to notice that during the LSE session the pair would either come to the 50% of the TSE range, or all the way down retesting/breaking the low of the TSE range. Of course the opposite could apply, retesting/breaking the high in case of a downtrend.
Details are laid out on the chart.
For risk and ...
Price looks like it has some more upside momentum for one more push. Will be looking for an entry after a Higher High/Close (preferrably Engulfing)
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure ...
Complex Head & Shoulders Bottoms patterns rarely confirm, so forgive me if wrong...
TA is pure speculation and this analysis will confirm only if the price actions crosses neckline upwards.
Hello guys!
As you can see ETH is forming an ascending rectangle. We have to watch closely whether ethereum will break out of the resistance or the support line from the rectangle. This rectangle will only be valid if ETH will break above the 50 EMA. If Eth breaks below the rectangle, We could see a fall to around 460 dollars.
You can see that the RSI is back ...
The possibility exists that the pair could take off without forming the E leg of the formation.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure of positions may be subject to alteration ...
Price has broken through, and currently retested the neckline showing a lot of upside momentum and giving a nice long opportunity. Will be looking for the next higher high / higher close for entry.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots ...
As the title suggests, back in October 19 (2017) I made a post on this pair calling a potential +1000 PIP target, using Wave analysis and ended up playing out in textbook fashion, which is something I am very proud of.
God knows if I'll be able to call such a move again therefore I'm posting this to share with you that achievement.
This goes to show how ...
Wir warten auf eine bullishe Indikation unserers Weekly Supports ab. Bei einer Penetration der Preisspanne und einem Closing überhalb der Zone, mindestens auf daily Basis, gibt uns die nötige Indikation auf long Einstiege zu spekulieren.
Der SL wird knapp unter die Zone gesetzt.
Der TP kann weiter nach oben verlagert werden oder mit Teilpositionen realisiert ...
Bitcoin futures will become clear very quickly moving forward. There are three possibilities, one more likely than the others. The key spot to look at is where support intersects with the short and long term resistance lines.
1) If the price stays above these intersections, you can expect extremely bullish behavior over the coming months and possibly further.
2) ...
Looking to catch a measured move from the 1.2274 level back up to the 1.2523.
Price is currently found at a confluence of the 0.618 retracement and a significant support level from the beginning of March. Will be looking for a Higher High/Close D candle before entering.
For risk and money management purposes, always determine a max. of 2% risk on every ...
Pair is giving a nice consolidation, potentially setting up for the next move up which I expect to either take off from the 38.2 or the 61.8
My personal details:
Entry: At Market, Stop: 82.32, Target: 83.85
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to ...
I normally wouldn't label a Running flat prior to seeing the impulse indicating that the correction is over which is why I went ahead to label this one. Furthermore, we have been seeing Bullish Divergence for weeks now and Divergences can hint 2 things. 1) Either the new Impulse is in the making, 2) Deep pullback is in the making.
Judging from the Weekly ...
