Hi guys, the fundamental reason why i'm going long here is explained in my previous EURUSD analysis (that you can find attached here below). Basically we're in a strong structure zone and the price is having some troubles breaking through, another time. Entry at market, stops and targets as shown. If you have questions/ideas, feel free to share those. Otherwise,...
The pair formed double bottom and this is the 3rd attempt to confirm the breakout and it look like a failed breakout at the bottom of the range. Look to enter long in case that the you see higher low or double bottom on the 15m Chart. Good luck:)
I would like point out few important things I found on the chart. We witnessed 3 major waves (not Elliot's) during the past year. Every wave finished with nice spike yellow circles. Every wave correction finished before or very close to Fibonacci level 14.6%. Every time it get close to this level double or even tripe bottom was formed which I marked with blue...
Hey guys, here we are on the hourly timeframe on EURUSD. As you can see from the blue box, we've recently broken and closed above a daily structure, signaling a long bias for my strategy. Now, as we go down on lower timeframes such as the hourly, you can see we have a double bottom with RSI divergence terminating with a pinbar+engulfing pattern. I'm going to buy...
Hey guys, here we are on the hourly timeframe on EURUSD. As you can see from the blue box, we've recently broken and closed above a daily structure, signaling a long bias for my strategy. Now, as we go down on lower timeframes such as the hourly, you can see we have a double bottom with RSI divergence terminating with a pinbar+engulfing pattern. I'm going to buy...
The price went down yesterday actually but it may recover (perhaps not today, but soon).
anyone else saw this?
After numerous charts where always alerted that IOTA was at critical levels, changed the trend after a double bottom and became bullish . It should be noted that IOTA behaves in a very volatile manner, where there is an instantaneous profit taking and although it is now in a bullrun it is possible that there are important corrections before reaching its target...
Bitcoin touched 0.786 of fibo (in the previously white ascending triangle) and made a double top reversal, creating an strong uptrend support since september. If RSI goes down and prices goes up, bearish divervence will appear.. will BTC correct until the end of 2017 ? We dont see the RSI lower than 40 since september. Lets wait to see what RSI will bring to us..
Price complete double bottom and break the neckline. we expect price retrace to 61.8 level and neckline area to complete 2618. stop below double bottom. TP1 : 0.68950 TP2 : 0.69450
Penny play - double bottom stochastic divergence. If you get in on the way up and use a tight stop this could work out nicely. If things get going, they will move quick. Buy: 3.50 Target: 3.76 - 4.37 (7.43% - 24.86%) Stop: 3.30 (-5.71%)
ETH is restless, ETH does not want to be left behind in the protagonism, ETH accumulated and consolidated enough. These last days we saw an ETH in levels we have not seen for a long time. He had a double bottom but there is a resistance, which for now is impossible. I marked the volume with an ellipse, because there is, and a lot. If ETH definitively breaks with...
If retest at 0.7459 and did not break below the low I will look to long. Tight stop loss as it is counter trend so if PA break means the analysis is invalid. Reward to risk is 5.5 : 1
The news didnt bring the effect anticipated however could this be a double bottom for NEO? Potentially an inverse head and shoulders to form soon? I strongly believe in this coin for the long term. I will hold my coins for a while. We will see..
- Many of us heard about MUE coin burn (in a week) News all over the twitter, Here are the targets TP1 and TP2 based on : - Fib retracements levels and - Double Bottom Formation on Daily Chart.
Biomarin Pharmaceutical (BMRN) is in a huge triangle pattern with double bottom stochastic divergence on trend line support. I highlighted recent divergences and you can see the kind of move this stock makes off of the signal. Be patient, and get in on the way up. Buy: 84.23 Target: 86.49 - 90.14 (2.69 - 7.02%) jbzstocks.com @jbzstocks
BTC formed a double bottom and double top on the 1H chart. What to do now ... ??? Volume and RSI are going upwards so good hope to go to 10K :)