Price was rejected early this morning by the 200 ema TDI in the proper position to go long Take the 800 ema as an important stopping point and the TL as well
So the double bottom played out last night at 7023 being a clear line of major support . The only TA that is being presented the hourly is the somewhat downtrend heading towards 7023, which we havnt broke out, yet besides last night going back to the 128 ema and getting rejected again. If the short term downtrend remains true, I expect a massive move around...
Hello Traders! Quick update on bitcoin, we have a potential inverse head and shoulders coming to fruition, Bitcoin needs to break its neckline which is a staunched resistance. Points to consider, - Clear resistance/ neck line - Stochastics projected upwards - RSI in upper region - EMA’s yet to meet price - Volume increasing The inverse head and shoulders...
Below all 3 EMA'S Very Bearish outside Candlesticks Huge Risk Reward Potential Plan: 55 EMA to be Tested again with fail and re-break of Trendline for huge downside potential
Esperar retroceso del impulso, apoyo en la contra-tendencia
Entrar zona de rebote, esperar entrada sniper, y continuar en ventas
Buy dari 1484.00 Take Profit adalah 1529.00
Hello Traders! Today’s chart update will be on the XLM/BTC pairing which is in an interesting position, testing current local support with volume well below average, a break out move may be probable… Points to consider, - Trend bullish, probable of new higher low - Price testing structural support - .50 Fibonacci acting as resistance - RSI...
Hello Traders! Hope you all had a great weekend, Update on BTC recent developments on the daily chart , at a very critical point, trading below the 200 Moving Average, we need it to break and stay above this level to keep a bullish bias. Points to consider, - Daily trend bearish - Price testing structural resistance - Price below key moving average -...
UJ: 1. In a downtrend 2. Below MAs 3. Broke & Retested the H1 zone
As we see that Gold finally breaks it’s consolidation phase since 2014, we believe the bullish movement will continues, whether there will be a consolidation or not, what we see is the potential upside still interesting. Our internal target is 1650 with 1580 as a minor trend. If you own gold and thinking to profit taking, we suggest to postpone. #galerisaham |...
This is my analysis on GOLD. you can see it rejected my trend line and on the weekly chart its now trying to retest the trend line and might go for a long. Too much possibilities in the uncertain market. But I am going for long. DON'T FOLLOW THE CROWD!
Bearish on xtzusd. Building a bearish wedge / flag. All emas acting as resistances. Don't believe this one will come back any time soon.
Seeing the congestions on heavy volume the last days, 283/284 confirms as a major support level. With the futures gapping a second day 1% , it seems very bullish for the SPY, HOWEVER... The 22 EMA is starting to show sideways movement , thus creating our situation not a trend, but a range with large overhead resistance at 294. A profitable play would be, if we see...
This is my opinion on where I feel we need to test next on the macro time frame. I expect a strong bullish bounce in the 1st green box which is the 21 weekly ema , and also a very nice fib retracement zone. If we lose the first bounce zone in the mid to high 8ks I would expect to test the 55ema next in the mid 7ks.. If for some reason that loses support too the...
This week i've made 20% on gold buying 30EMA hits followed by engulfing candles. Yes its easy to make money in trends if its just keeps on rising however i also made money selling a few smaller time frame double tops. I think the bullish move will continue after forming a flag or if that breaks lower, when price reaches the 30 or 50 EMA on the 4hr chart and has a...
Why I took the sell? In a down trend pound has been weak Large engulfing candle that broke below all EMAs Pullback that rejected emas as resistance. Double top "M Formation" at the yellow ema Pending order set. I think I can get at least 40 pips out of it. Taking Partial profits at 40 and letting the rest ride for a while.