Pair seems to be completing a special cycle on the H4 chart and it is currently sitting on 61.8% fibo expansion of the daily cycle. There are two available entries - aggressive and conservative. Protection below last low. Target 1 – Twice the stop loss Target 2 – 113.00. Target 3 – 114.60.
Both up target and market breakdown structure displayed, 1170 to be watched, as more information about the ETF releases the more information will be priced in for hard retraces.
Bitcoin BTCUSD has been in a Bull market since its reversal in late 2015, breaking the prior 1.5 year downtrend. Since then, we have broken $300 -> $500 -> $800, and we're currently on our 3rd leg up. Expecting this leg up to have another 2 weeks left in it, and able to bring us up to 1250-1400 area. A break above previous ALL TIME HIGH (1150) will signal a...
entry after a breakout above 1.6635 or so. Once we get the breakout above the last high as shown below, wait for small correction and go long. Target 1 – 1.6680. Target 2 – 1.6760. Stop Loss – below 1.6500.
Hi Traders! This is my analysis on IBEX35. I think we are already going up for a new cycle, actually we are going for the third wave in it! I studied the possibility of a longer correction but the shape of the chart does not match with any of the most important complex patterns for corrective moves, so I got to this conclusion. We are looking now on smaller...
Remember cyclicity? We are facing a phase 2 of the uptrend channel. I expected the stock price will break SMA 40, and look for a support around $0.90 where horizontal support locates. Both Stoch & MACD are pointing downwards. We need to wait for confirm candlesticks reversal pattern or indicators crossovers to buy near $0.90
XAUUSD has just finished wave X and heading for 1525, target of Y. Happy Investment. Cheers!
To be more conservative we can wait for the breakout of the up trend line. If the market gives a chance wait for the pullback and then go short. Target 1 -117.00. Target 2 – 116.00 Stop Loss – above last high created.
Pair completed a triple cycle up on the H1 chart. We are now inside a bullish zone where I expect the pair to stop and reverse for further rally. Target 1 – 0.7440. Target 2 – 0.7520. Stop Loss – below last low created after the breakout of the trend line.
Look for a breakout above the most recent trend line and last high. Target 1 – 1.2600. Target 2 – 1.3100. Stop Loss – below the last low created (before the breakout)
#NZDUSD Bears are not letting the bulls stay above the 45D..... still sticking with my conviction that the 9-7-16 swing top is in.... once we crack 0.7034 will work on calculation to see how low it will go..... stay focus and have patience
This is the bearish scenario that we are following on the H1 chart. We want to see a break, small correction and then sell. Final target would be the up trend line from the bottom. First target – once bullish divergence forms. Cash out part one and set the Stop loss to break even. Stop loss – above last high.
XMR has recently had a bit of a correction on its absolutely massive price increase and has reached another wave bottom. There was very strong support at 145, the price bounced back and it would appear that the momentum has turned back to the upside. We're at the beginning over another wave in this absolutely ginormous flag formation starting from the initial...