This is a first, and it will be a last.
I didn't really want to make this post because I didn't want people to see what I see. Otherwise, I might lose my competitive advantage. But, I know I must lay some golden eggs if I am to get the love from you guys.
I am expecting this next trade in the ETHBTC pair to make me over a 100% return in just a few ...
In Recent times we have seen Rupee making fresh lows against dollar which resulted in forming double top pattern.
CMP is 71.73
NECKLINE is 71.45
If Neckline gets broken I am expecting 69.95
IF this Happens Expect Nifty Touching 11700 again
Shorting AUDUSD from the yellow area as that is a supply area on the short (30min) timeframe, as well as the long (12hr, gray area).
These setups usually produce good movements so I am hoping to get a 1:1 RR, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while. ...
We can see a repeating pattern of a falling wedge followed by an adam and eve double bottom, looks to be completing the eve bottom now and looks to be a good buy.
BUY: 0.000154 - 0.00016
USDCHF is on bullish trend since mid February. It formed double top above 1.0 and then went down. When U look at the chart it seems like that any short attempt for this pair is stop by strong bullish movement. I market on the chart inverted H&S formation plus double bottom which is holding pair above one of the Daily GAPs. To me this pair is preparing to go above ...
Hi, my first idea here. Please feel free to share where you think I can improve. Thank you!
I believe in using fundamentals to set my direction and technicals to time my entry.
Fundamentals: Long GBPUSD
- The 4 rate hikes in 2018 and 2 more in 2019 is almost fully priced in. The USD has enjoyed its bull run, but I believe it's time for it to come to an end.
Something to be aware of. I have mentioned a potential inverted cup and handle awhile back maybe 3-5 ideas back...well with the latest drops we broke under that inv c&h's rimline which triggered a steeper fall. This is an incredibly deep cup and if it were to reach 100% of its projected target it could send us all the way to 4-.4.1k We have seen many normal cup ...
Quick update on Bitcoin:
We have a double bottom forming and strong divergence supporting it, hoping to see some bullish movements result.
Like always, don't take this as financial advice and do your own research before investing.
This is the same chart as published previously and I believe mid 6000s could still be in play. Just a slightly longer timeline than originally proposed. June 6th is over and we did not double bottom....yet.
Will it play out? Let's find out! What are your thoughts?
Not intended to be financial or psychological advice.
I know I have been focusing on other chart patterns recently while we are still inside the handle of Eve's Cup but I wanted to post this as a reminder that the A&E Double Bottom is still very much valid and I haven't thrown in the towel on it despite us dipping all the way down to $7090. As long as we see a nice bull run in the coming weeks I still firmly believe ...