Following on from an earlier Idea -
Monero broke it's horizontal channel to the downside, but has so far found some support at the 78.6% fib retracement level ($80-82) from the August high. Buying still seems quite weak so I expect it to keep testing this support. If it breaks this with strength we could see price fall quickly to around $60-65.
Normally I would ...
Accidentally posted a private idea several days ago. This follows on from that -
Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline.
It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I ...
The pair has formed an Inverted Candle at a key level (Top of Descending Channel which has a confluence with Major Resistance Level) but at also at a Key Time Frame (D Chart). Could this be a Stop Run? We can see a very similar scenario occurring in the past and almost the same exact technique (Stop run) was employed before reversing the pair to the downside for ...
Last week the GbpUsd broke below key support at 1.31550 before finishing the week back above it. As long as the downward sloping Bear channel stays intact we will be looking for Bearish formations and patterns next week down towards the target and next key area of support to the downside at 1.30342.
Pair is in a descending channel. If price breaks long TP is previous resistance @ 134.40. My bias is short. Price bounced off top channel trendline. There is divergence in rising price and falling rsi. Macd is over-extended long. To confirm bearish move watch for lower lows and lower highs on 15m for entry.
50 sma 1st TP short.
100 sma break short is 2nd ...
-As I mention before if this pair choose to head north 1.18700 is a good level to luck your profit and now Looks like the major psychological mark is still too hot for the bulls to handle! The pair is having trouble breaking above the level, which isn’t surprising cause if you connect that most recent peaks and troughs, we can see that a fresh descending channel ...
This setup is too good to miss people!! falling channel still intact on daily time frame, with 112.00 a strong resistance level, also ma boii RSI almost in overbought territory.
The price could dive to 108. levels again in a long run, if you're willing to take the trade, your stop should be a little bit wide to avoid the high volatility.
i'm gonna upload another ...
Pair is at the top of the channel trendline. Watch for a break-hook-go on the 15m chart for a breakout long. Price may bounce short off the trendline, return into the channel and fall to the bottom channel trendline at 1.1600.
Long TP 1 @ 1.1986
Long TP 2 @ 1.2035
Long TP 3 @ 1.2092
Price is at the top of a trendline and Channel Top. Taking reversal short trade. Breakout at Channel bottom may bounce at previous support level @ 1.1615 area. Take long trade if market fails to continue bearish run back into channel up to 50 sma or channel top.
AUDUSD opportunity to short. PA in the middle of the channel, so there's a possibility for a better entry spot by waiting to see if the price goes up to the top of the channel.
Not as thought out trade, but the channel is strong so I'm going in on that one for a couple of days also.
As usual, wait for a breakout and enter right away or wait for pull back if you are conservative. There are two scenarios of entry - 0.7837 or 0.7816
TP - 0.7900
SL - 0.7775
Watch the candlestick formations
Good luck traders!
But i really have to, sell to close, my PUTs at that bottom
hope fully the flag is BEAR and this will drop
but seriously ,
do U want a 1k purse , or , I phone
Alright as you can see the price push up to the resistance line of a falling channel, with ma boii RSI is chillin’ like ice cream villain on overbought territory I can assume that the price will dive to 1.6300..
So if you want to sell this pair you could have a sweet reward-to-risk ratio if you aiming to 1.6300 lows or to the previous low to 1.6100
i'm not opening ...
